IKEA: € 1 billion additional investments for climate change measurements

IKEA, LED, multinational, company, industry, carbon, energy neutral, sustainable, energy, climate change, renewables, green power, neutral, CO2, emissions

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.”

Read More