Company Profile: IKEA
Summary
IKEA aims to become climate positive across its value chain by 2030. The Ingka Group has set science-based targets to reduce absolute scope 1 and 2 emissions by 80% by 2030 and relative scope 3 emissions from travel and deliveries by 50%. The company is transitioning to 100% renewable energy in its buildings by 2020 and zero-emission last-mile deliveries by 2025. IKEA is also implementing circular economy principles, targeting 100% renewable or recycled materials for all products by 2030 and phasing out single-use plastics by 2020.
Key insights
- IKEA intends to be climate positive across its entire value chain by 2030, meaning it will reduce more greenhouse gas emissions than the value chain emits.
- The Ingka Group has established science-based targets to reduce absolute scope 1 and 2 emissions by 80% by financial year 2030 (from a 2016 base), and relative scope 3 emissions from customer/co-worker travel and deliveries by 50%. Inter IKEA Group aims to reduce absolute emissions from home furnishing products and food by at least 15% in the same period.
- Ingka Group is transitioning to renewable energy and zero-emission transport, aiming for 100% renewable energy in its buildings by 2020 and 100% zero-emission last-mile home deliveries by 2025. In financial year 2018, it generated 2,714 GWh of renewable electricity from wind and solar PV, covering 81% of its operational energy needs.
- IKEA is moving toward a circular economy, with a goal that by 2030 every product will be designed for reuse, refurbishment, remanufacturing, and recycling, and only renewable or recycled materials will be used.
- The company is improving the sustainability of its raw materials, reporting that 85% of its wood was sourced from sustainable sources in 2018 (up from 77% in 2017), with a 100% target for 2020. Additionally, all cotton used since 2016 has come from more sustainable sources.
- IKEA has implemented specific low-carbon innovations, such as a biomass energy plant in Novgorod, Russia, which increased the site's renewable energy use from 35% to 85% and is estimated to cut GHG emissions by 45,000 tonnes annually.
Cite the original document
- APA
- Knight, R. (2019). Company Profile: IKEA. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/company-profile-ikea-group/
- Chicago
- Knight, Robin. Company Profile: IKEA. We Mean Business Coalition, 2019. https://www.wemeanbusinesscoalition.org/blog/company-profile-ikea-group/.
- Wikipedia
- {{cite report |last1=Knight |first1=Robin |title=Company Profile: IKEA |publisher=We Mean Business Coalition |date=25 September 2019 |url=https://www.wemeanbusinesscoalition.org/blog/company-profile-ikea-group/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{knight2019company, author = {Knight, Robin}, title = {{Company Profile: IKEA}}, institution = {We Mean Business Coalition}, year = {2019}, month = sep, url = {https://www.wemeanbusinesscoalition.org/blog/company-profile-ikea-group/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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