IKEA: € 1 billion additional investments for climate change measurements

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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.”

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MultiNationals reduce 15% emissions

MultiNationals

These multinationals are supporting the 1.5 degree global warming with ambitious carbon reduces

These multinationals have made a commitment to go 100% renewable. Update: 58 companies with 50 million MWh of renewable energy! And the list is growing fast.

Sijbesma, CEO Royal DSM in the Huffington Post: “Our children and their children will thank us for finally stepping up.” 

MultiNationals and carbon pricing

Royal DSM is applying an internal carbon price of €50 per ton CO2 equivalent when reviewing large investments. They call on business to do the same: it will make your business more future proof.
Facilitated by the World Economic Forum, around 80 CEOs voiced their support for a meaningful carbon price in the run-up to COP21. The current low oil price creates the right moment to introduce a price on carbon.

Read about the actions they are taking. Read More