Ikea aims to be ‘climate positive’ by 2030
Ikea unlocks renewable power purchasing for suppliers
Home furnishings giant aims for 100pc renewable energy consumption throughout its value chain
Home furnishings company Ikea is targeting 100pc renewable energy consumption throughout its value chain by 2030. To enable this, the company has set up schemes to provide suppliers with on-site renewable energy generation and to allow them to purchase renewable energy from power companies. Ikea’s scheme bundles the purchase of renewable power certificates, thereby decreasing transaction costs. This enables small-medium enterprises (SMEs) to buy renewable electricity in some markets where they might not otherwise be able to do so due to their smaller size. Ikea currently focuses this initiative on China, India and Poland. China and India present additional challenges for renewable electricit
Also in this section
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
9 April 2025
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
8 April 2025
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
8 April 2025
Gulf Energy to provide AIQ with exclusive access to its proprietary datasets and industry-leading documents. ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access to even greater quantities of relevant, high-quality industry information
