IKEA making progress on its green energy targets

The IKEA Group is now producing enough renewable energy to meet more than half its power needs, according to new figures.

The Group announced earlier this year it plans to become energy independent at all its locations around the world by 2020, and last week (10 December) published an update on its progress.

The company said it has produced renewable energy equivalent to 53% of the total energy consumption in its operations, on track for 100% by 2020.

The entire IKEA lighting range is now LED or compatible with LED bulbs. In FY15, IKEA Group sold more than 90 million LED bulbs and lamps, enabling millions of households to reduce their energy bills.

And the IKEA Group and the IKEA Foundation committed a total of EUR 1 billion to tackle climate change. 

The IKEA Group committed EUR 600 million for investment in renewable energy, building on the EUR 1.5 billion invested in wind and solar since 2009, and IKEA Foundation has committed EUR 400 million through 2020 to support the communities most impacted by climate change.

“Our vision is to create a better everyday life for the many people and we are determined to make a positive difference to people and the planet,” said IKEA Group President and CEO, Peter Agnefjäll.

“That’s why we want to become completely sustainable by transforming our business and why we’re raising our voice on critical issues such as climate change.”

The Group’s Sustainability Officer, Steve Howard, added: “At IKEA we’re going all-in. All-in to combat climate change, conserve natural resources and tackle inequality. You need support from everyone across the business to make these kinds of commitments. And whilst we still have a way to go, we are beginning to have a real positive impact.”

Jamie Hailstone is a freelance journalist and author, specializing in local government, transport and energy issues