IKEA: € 1 billion additional investments for climate change measurements
Light emitting diodes, better known as LEDs, run cool and use very little electricity. That’s a cost benefit that furniture giant Ikea promotes.
IKEA has decided to invest an extra € 1 billion to tackle climate change, including investments in renewable energy.
Since 2009 the company has € 1.5 billion invested in wind and solar energy.
“We have got a very good year,” according to IKEA Group President and CEO Peter Agnefjäll at the presentation of the Annual Review and Sustainability Report of the past year. “As a result we have been able to continue significant investments in sustainability, improving our product portfolio and more increasing the number of our stores.”
