IKEA Plans to Be Climate Positive by 2030

The company will also introduce solar panels for the home by 2025.

Design
2,638 Hypes 0 Comments

IKEA’s holding company Ingka has revealed its plans to create renewable energy through its stores. The retailer expanded on its sustainability plans, said that it had invested nearly $2.8 billion USD in solar and wind energy over the last decade and plans to increase this amount, with stakes in two American solar farms.

The store plans to generate more energy than its stores consumes before the end of 2019, with the end goal of being climate positive by 2030. Fast Company defines climate positive as going “beyond achieving net zero carbon emissions to actually create an environmental benefit by removing additional carbon dioxide from the atmosphere.”

The company planned to make solar panels for the home available to consumers in all its regions by 2025. The announcements come on the heels of the global climate strike and the UN’s climate action summit, which has seen an increased interest in the ongoing climate emergency.

Speaking about the move, Ingka chief executive Jesper Brodin said the following to Reuters, “Being climate smart is not an added cost. It’s actually smart business and what the business model of the future will look like. Everything around fossil fuels and daft use of resources will be expensive.”

In other news, Kanye West’s former apartment is up for sale.

Read Full Article

What to Read Next

California To Require All Autonomous Cars To Be Electric by 2030
Tech

California To Require All Autonomous Cars To Be Electric by 2030

In another step towards a greener and more sustainable future for the state.

IKEA Will Sell Clean Energy to Swedish Households
Tech

IKEA Will Sell Clean Energy to Swedish Households

Via a monthly subscription service that can be tracked using an app.

Ikea Appears to Be Expanding Its Range of Smart Speaker Lamps
Design

Ikea Appears to Be Expanding Its Range of Smart Speaker Lamps

Exploring a partnership with Spotify.


A KFC in Spain Pretends To Be IKEA To Lure in Customers
Food & Beverage

A KFC in Spain Pretends To Be IKEA To Lure in Customers

Using an IKEA-like design billboard to get noticed.

'El Camino: A Breaking Bad Movie' Drops a Tense Teaser Trailer Featuring Aaron Paul
Entertainment

'El Camino: A Breaking Bad Movie' Drops a Tense Teaser Trailer Featuring Aaron Paul

Jesse’s being hunted.

Leica & Fender Team With Andy Summers on Limited Edition Camera & Guitar Collaboration
Design

Leica & Fender Team With Andy Summers on Limited Edition Camera & Guitar Collaboration

Honoring the Police guitarist and avid photographer.

Samuel Ross Introduces New Design Venture Sr_A
Fashion

Samuel Ross Introduces New Design Venture Sr_A

Winning the Hublot Design Prize 2019 with the project.

Fabio Wibmer Takes His Trial Bike to Austrian Streets for 'Wibmer's Law' Video
Sports

Fabio Wibmer Takes His Trial Bike to Austrian Streets for 'Wibmer's Law' Video

Pure adrenaline-pumping BMX action.

Polo G Taps Mustard for New Single, "Heartless"
Music

Polo G Taps Mustard for New Single, "Heartless"

The younger rapper’s first release since ‘Die A Legend.’


Pop Trading Company Collaborate with Popeye for Pop/Eye Capsule Range
Fashion

Pop Trading Company Collaborate with Popeye for Pop/Eye Capsule Range

Including two exclusive pieces for Beauty & Youth H.

Converse Dresses Its Pro Leather With Premium Pony Hair
Footwear

Converse Dresses Its Pro Leather With Premium Pony Hair

A tactile two-pack release.

Take a Better Look at Lexus' First-Ever Luxury Yacht
Automotive

Take a Better Look at Lexus' First-Ever Luxury Yacht

Based on the Sport Yacht Concept.

Will Ferrell & Ryan Reynolds to Star in 'A Christmas Carol' Musical Remake
Entertainment

Will Ferrell & Ryan Reynolds to Star in 'A Christmas Carol' Musical Remake

A reimagining of Charles Dickens’ classic holiday story.

Nike Readies the Release of the OBJ Joyride Flyknit
Footwear

Nike Readies the Release of the OBJ Joyride Flyknit

Paying homage to the Wide Receivers roots.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.