Worldwide, Ikea owns more wind turbines than stores, as it closes in on a target to become “energy independent” by 2020. Ikea now has 416 wind turbines and 750,000 solar panels are the world, generating the equivalent of 73% of the energy it used last year. The global Ikea group has already more than trebled the sales from its “sustainable life at home” products. The firm now has more than 500 different affordable products with functions that enable more sustainable living, such as water and energy efficiency, renewable energy and waste sorting. Ikea last year started construction on the UK’s “most sustainable” store, and recently joined a new joint venture – a collective energy switch that promises an exclusive 100% renewable electricity tariff. But there is still room for improvement. IKEA managed to recycle just 1% of total wood used in 2017, indicating a long way to go to achieve its 2020 target of 30%.
Edie 6th March 2018 read more »