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IKEA is the world’s largest furniture retailer. The company has plans to use only recycled and renewable materials in their products by 2030. This is only the latest in the series of commitments by a global store group to reduce the impact on the environment.

IKEA Doing Good for the World

Inter IKEA is the owner of the brand that’s well known for its flat-pack low-cost furniture. They announced that they want to reduce the impact on the climate on Thursday. According to them, they want to decrease the impact they have by two thirds by 2030.

A spokeswoman from IKEA said that 60% of their products are based on the renewable materials at the moment. She added that only 10% contains recycled materials.

Torbjorn Loof is Inter IKEA’s CEO. He said that due to the company’s size and their reach, they have an opportunity to enable and inspire millions of people to live better lives.

IKEA Joins the Team

IKEA is just another company to join the team of companies that are striving to make their products better for the environment. However, there is a question if enough companies are taking action and if they should do more.

According to research published in October, 250 of the largest companies in the world are responsible for a third of the greenhouse gas emissions that mankind makes. Unfortunately, only a few of these companies are trying to limit rising temperatures.

IKEA has a plan to first target the shops that are run by IKEA Group, some that other franchisees run, and their supply chain.

Statistics

Across 49 markets, there are 418 IKEA stores in total. Their combined retail sales in 2017 were $45.3 billion.

Ikea has strict plans to decrease their impact on the climate that their stores make by 80% by 2030.

Questions from the American People:

• Many Americans question the legitimacy of global warming. Is this move by Ikea genuinely helpful? Or is it merely a PR stunt?
• How will the effort to be more environmentally friendly affect Ikea’s prices? How will they source enough material to keep up production?