LEIDEN - Swedish-owned homeware giant IKEA has updated its sustainability strategy to make new commitments on mitigating climate change, supporting a circular economy and promoting living wages across its value chain.
IKEA's updated strategy includes an ambitious goal to become carbon positive without relying on offsetting - reducing more greenhouse gas (GHG) emissions than the IKEA value chain emits.
Towards this, IKEA aims to halve its carbon footprint by 2030 by reducing value chain emissions by at least 15 per cent, removing CO2 from the atmosphere and storing it through better forest and agriculture management, and prolonging the life of IKEA products and materials.