We will also offer all co-workers a discounted travel loan on the costs of an annual public transport season ticket as well as participating in the national ‘Cycle To Work’ scheme where co-workers get a discount of bike purchase. The company has been reorienting towards a sustainability strategy that it's calling "climate positive": by 2030, the goal is to remove more greenhouse gases from the atmosphere than the entire IKEA value chain emits. 208,000. The ambition is 100% renewable and recycled materials by 2030. The ad is part of IKEA's goal of becoming a fully circular and climate positive business by 2030, as its successful linear model of making, selling … While IKEA’s business is growing, its leaders have taken responsibility for both people and planet and applied sustainability goals to its growth. Here’s a selection of our ambitious commitments for becoming people and planet positive: Designing all IKEA products with new circular principles, with the goal to only use renewable and recycled materials in... Offering services that make it easier for people to … 9,500+. Ikea's been working on a number of sustainability initiatives for a while now, from solar panels to furniture rental and buyback options. For example, by 2020 we hope to source 100% of our wood from more sustainable sources. As we plan each new store, we aim to adopt the latest methods of sustainable practices, according to technology and resources available at that time. IKEA Sheffield will be our most sustainable store to date and will aim to achieve 100% renewable energy. Inter IKEA, the owner of the brand best known for its low-cost flat-pack furniture, said on Thursday it aimed to reduce the climate impact of each of its products by more than … IKEA stores in more than 50 markets. 8. Currently, 60 percent of the IKEA range is based on renewable materials, while nearly 10 percent contain recycled materials, an Inter IKEA spokeswoman said. Construction Global Magazine is the ‘Digital Community’ for the Construction Technology (ConTech) industry. How does IKEA’s People & Planet Positive Strategy influence the team at IKEA UK? Nevertheless, IKEA's ambitious sustainability aims and global leadership on climate change initiatives are arguably the privileges of a multinational business with the resources to back its efforts. Global brands including H&M, Coca-Cola and Sony have also committed to science-based targets, which aim to help limit global warming to well below 2 degrees Celsius - the goal set in the 2015 Paris agreement. Now, as outlined in an ambitious new sustainability strategy dubbed People & Planet Positive, IKEA is striving toward complete energy independance. We still have a long way to go. According to the historical timeline on the IKEA website, the business initially sold consumer products such as pens, wallets and jewellery. We’re also working towards producing products with more sustainable materials. 6. We are committed to making our products with more renewable and sustainable furniture materials like responsibly-sourced cotton and better plastics. products in the IKEA range. 4 IKEA SUSTAINABILITY REPORT | FY18 | PEOPLE & PLANET POSITIVE The IKEA business in FY18 422. Through the IWAY Standard, we work to guiding principles to ensure that products and suppliers are in the best interest of our customers, our workers and the environment. The fact is that we are using the groundwater on credit,” says Viktoria Granström, Water Initiative Project Leader at Inter IKEA Group. What is the vision over the next 12 months? Our People & Planet Positive Strategy has three focus areas: inspire and enable millions of customers to live a more sustainable life at home, strive for resource and energy independence and take a lead in creating a better life for the people and communities impacted by our business. The updated IKEA People & Planet Positive strategy describes the sustainability agenda and ambition for everyone in the IKEA franchise system and value chain*. IKEA was founded in 1943 by Swedish entrepreneur Ingvar Kamprad who, at 17-years-old and after receiving money from his father for academic performance, launches the retail business. Our vision, to create a better everyday life for the many people, is intrinsic to our People & Planet Positive sustainability strategy. Inter IKEA joins a growing list of global companies striving to make their operations more environmentally sustainable, although there are question marks over whether enough are taking action and whether they should be doing more. The Science Based Targets Initiative is a collaboration between the Carbon Disclosure Project, the World Resources Institute, the World Wide Fund for Nature, and the United Nations Global Compact. Learn more about our sustainable efforts including solar energy, water conservation, plastic reduction, social initiatives and more. IKEA set out its goals – which are in line with the UN Sustainable Development Goals for 2030 – and how it plans to achieve them, in a sustainability report published last year. We also reached our goal of zero waste to landfill which is a huge collective achievement. IKEA’s plans for a new store at Sheffield aims to achieve BREEAM ‘excellent’ accreditation and incorporate a number of green technologies. 7. Responsible for leading, inspiring, coordinating and influencing the development and integration of IKEA’s social and environmental sustainability commitments, we speak to Sustainability Expansion Manager Hege Saebjornsen regarding IKEA’s ongoing expansion plans. You can learn more about our efforts to work with better materials and … How does IKEA ensure positive working relationships with suppliers? We will have a dedicated travel plan co-ordinator to manage the success of this work. Construction Global Magazine covers construction projects, digital construction, smart energy, facilities management and construction technology - connecting the world’s largest community of Construction executives. For us, it’s about balancing economic growth and positive social impact with environmental protection and renewal. 4 | INTER IKEA SUSTAINABILITY SUMMARY REPORT 14 new IKEA stores worldwide EUR 38.3 billion IKEA retail sales4 28,000 co-workers 41% of Inter IKEA co-workers are women The IKEA business in FY17 2 Inter IKEA Group in FY17 2 Figures … We believe that people should feel empowered to live more sustainably, which is why we focus on inspiring … We will put a big focus on co-worker engagement and competence development and ensure we build cross-functional ownership and participation across all layers of the business. This ensures that any wood supplied to IKEA is not from forests that have been illegally harvested or forestry operations engaged in forest-related social conflicts. BizClik Media Limited is a dynamic and disruptive global digital media company aimed at bringing business and industry executives up to date with the latest news, information and digital reports looking at the technology and digital transformations of the world leading companies and executive decision makers. ALMHULT, Sweden (Reuters) - IKEA, the world’s biggest furniture retailer, plans to use only renewable and recycled materials in its products by 2030, in the latest commitment by a global store group to reducing its impact on the environment. The IKEA sustainability strategy organises our efforts to tackle these challenges and to become people and planet positive around three focus areas: • Healthy & sustainable living • Circular & climate positive • Fair & equal During FY19, we continued the process of identifying where the IKEA business has the largest impact and ability to influence within these focus areas. All quotes delayed a minimum of 15 minutes. IKEA is a Swedish-founded, Dutch-based global retail behemoth. “Our new sustainability commitments, guided by the UN’s Sustainable Development Goals (SDGs), will push and enable us throughout the Ikea value chain to prepare for the world of 2030. I also lead on developing our ten-year strategic plan to develop a market leading role in society as a business, including delivering to the sustainable development goals and business innovation opportunities, such as circular economy services. These include photovoltaic panels, rainwater harvesting and linking in with the district heating scheme. How will IKEA’s IWAY Forestry Standard support the company’s sustainable initiatives? The IWAY Standard is IKEA’s strict code of conduct for suppliers, ensuring optimum quality throughout the entire production process. It’s all about taking many steps, both small and large, that together will have a transformational impact. What are IKEA’s overall sustainability objectives? 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