IKEA releases sustainability report for 2013

29 Jan '14

4 min read

The IKEA Group Sustainability Report for fiscal year 2013, shows strong progress on its People & Planet Positive strategy, building on its long history of working with sustainability. This is the first year IKEA Group reports progress against this new sustainability strategy.

Highlights from FY13:

-IKEA Group has committed to own 137 wind turbines and installed 550,000 solar panels, taking the company a step closer to producing more renewable energy than the total energy it uses by 2020.

-IKEA Group is one of the world’s largest buyers of FSC-certified wood in the retail sector, and almost 1/3 of its wood was FSC certified or recycled in FY13. All wood was sourced from suppliers that meet the IKEA forestry standard.

-The share of cotton from more sustainable sources used in products more than doubled, increasing from 34% (FY12) to 72% (FY13). 47% of managers are women.

-The IKEA Foundation donated $136.3 million (€101 million) in 2013 to projects that support millions of children in some of the world’s poorest communities, a 21% increase from 2012.

“Everyone, including IKEA, has a part to play in tackling the expected shortages of resources and the impacts of climate change while providing people with a good quality of life. With our vision of creating “a better everyday life for the many people,” I am convinced there is no other way of doing business than in a sustainable way,” said Peter Agnefjäll, President and CEO, IKEA Group.

“One year on from the launch of our People & Planet Positive strategy, we are making good progress – more than doubling the amount of cotton we buy from more sustainable sources, investing in renewable energy, and enabling millions of people to live more sustainably at home."

IKEA US FY13 Highlights

IKEA US Sustainability Initiatives ~ Renewable Energy:

-In the midst of investing $150 million in Photovoltaic systems.

-Currently the 2nd largest private commercial solar US owner/user.

-During FY13, IKEA US installed solar panels atop 8 more US locations.

-Total IKEA US units now covered is 39 out of 44 (90%).

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