Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Green

  • Home
  • Green
  • IKEA expects to be climate positive by 2030

IKEA expects to be climate positive by 2030

  • Categories Green, Top News
  • Date September 24, 2019
  • Comments 0 comment

Many companies are pouring money into renewable energy, but how many can say they’re producing more than they need? IKEA thinks it will, at least.

Its holding company Ingka revealed that IKEA will generate more renewable energy before the end of 2019 than the energy its stores use. The firm only expected to draw even by 2020. The furniture chain added that it had invested about $2.8 billion in solar and wind energy over the past decade, and told Reuters that it intended to continue funding that renewable tech, including two stakes in American solar farms this week.

The retailer expects to offer home solar panels in stores across all its markets in 2025. Ultimately, it plans to be climate-positive (reducing more emissions than it puts out) by 2030.

IKEA’s timing isn’t a coincidence. Like Google, Amazon and other companies, it’s using both the Global Climate Strike and the UN’s Climate Action Summit to build goodwill and avoid controversy. This isn’t a selfless act. With that said, the move could illustrate the next step for companies hoping to burnish their ecological credentials. Instead of merely striving for neutrality, more companies might try to counter the effects of climate change. There’s no guarantee they’ll act in a timely fashion, but it might be more a question of “when” than “if.”

Source: engadget.com

Tag:Green, ikea, sustainability

  • Share:
gsiino

Previous post

Sephora and Nordstrom are tops in retail personalization
September 24, 2019

Next post

Primark looks to Central America to supply fast fashions to U.S. stores
September 25, 2019

You may also like

Celine
Celine Shop-In-Shop Opening – Paris
15 March, 2023
Private-LAbels-fashion-luxury
Private labels: the future of luxury department stores?
6 March, 2023
EUROSHOP_2023_WEB-1200×857
Euroshop 2023! Top 75 Specialists & Key Highlights
4 March, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Celine Shop-In-Shop Opening – Paris
15Mar2023
Private labels: the future of luxury department stores?
06Mar2023
Euroshop 2023! Top 75 Specialists & Key Highlights
04Mar2023
TOTEME Shop-in-shop in Seoul
03Mar2023
Y-3 opens its first ever store Down Under
03Mar2023

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy