Ingka Group, the largest retailer behind the IKEA brand, is transforming an existing wind farm in Portugal into a hybrid renewable energy hub by adding solar generation to the site,...
• IKEA begins large scale electrification of heavy road freight in Italy, targeting more than 1.2 million zero emission kilometers annually.• Collaboration with LC3 Trasporti and Mercedes Benz Trucks reflects...
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...