IKEA plans to invest 1.5 billion euro in Climate Change
- 500 million euros (565 million USD) will be given to develop wind energy
- Another investment of 100 million (112 million USD) will be spend for further development of solar energy
- People in regions that are hardest hit by global warming will receive 400 million euros (450 million USD)
Last month, IKEA opened a third wind plants in Sweden. With this wind power plant, the company is now operating completely energy neutral in the countries: Sweden, Norway, Finland and Denmark.
In Canada, IKEA operated already energy neutral. The construction of wind plants are also planned in the US and Poland. Their goal is to operate worldwide energy neutral In 2020.
CEO Peter Agnefjäll
The investment is a win-win situation
It’s good for customers, good for the climate and good for IKEA.
IKEA asks other companies to follow with similar steps.
“People expect leaders lead,” said IKEA CEO Peter Agnefjäll. “That also applies to a company like IKEA.”
The investment of 1.5 billion euros follows previous investments worth 1.5 billion euros that has been done by the company from 2009 in order to become self-sufficient with green energy.
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