Ingka Investments, the investment arm of Ingka Group—the largest IKEA retailer—has made a growth capital investment in Shanghai-based Re-mall, a specialist in recycling post-consumer packaging waste into transparent recycled polypropylene...
IKEA Components has begun a major sustainability shift by phasing out plastic fitting bags and replacing them with paper-based alternatives—cutting approximately 1,400 tons of virgin plastic annually. The initiative is...
Ingka Investments, the investment division of Ingka Group—the largest IKEA retailer—has officially launched its first solar park in Poland, marking a major step in its renewable energy strategy. Located in...
IKEA Australia’s latest FY24 sustainability report confirms significant climate action achievements, demonstrating profitability aligned with environmental stewardship. “We have reduced our operational climate footprint by 89% since FY16, while growing...
IKEA Accelerates Shift to Renewable Electricity IKEA increased the share of renewable electricity in production to 75% in FY24, up from 71%. To drive further adoption, the company launched a...
Ingka Group’s Ambitious Recycling Investment Ingka Investments, the financial arm of Ingka Group and the largest IKEA retailer, plans to invest €1 billion in recycling infrastructure. This initiative aims to...
Ingka Group, the largest IKEA retailer, is investing €1.5 billion to accelerate its transition away from fossil fuels. This move contributes to the company’s goal of reducing its climate footprint...
Amazon.com and IKEA, prominent members of the Zero Emissions Maritime Buyers Alliance (ZEMBA), are intensifying their efforts to decarbonize ocean shipping by preparing for a major tender to launch in...
Leading the Charge on Textile Waste Spain’s largest fashion companies, including Zara owner Inditex, H&M, Decathlon, Ikea, and Primark, will start collecting discarded clothes in April next year as part...