We want our business to have a positive impact on the world!

Isn’t that a great headline for any business “We want our business to have a positive impact on the world!” Who said it ….. IKEA

IKEA is committed to renewable energy and running its business in a way that minimizes carbon emissions, not only because of the environmental impact but also for good business practices.

• By 2020, IKEA has committed to producing as much renewable energy as IKEA consumes in its operations. New projects over the next three years will take total investments in renewable energy to up to $1.95 billion, focusing on solar and wind (2009-2015).
• In 2013, the IKEA Group produced 1,425 GWh of energy from renewable sources, including wind and solar, equivalent to 37% of the company’s total energy needs. •Globally, we currently have over 300,000 solar panels on our stores and other buildings and 83 wind turbines in operation.
• IKEA wants to improve the energy efficiency in their stores and buildings by at least 20% and encourage our suppliers to do the same. Since 2010 IKEA has saved nearly $55 million through energy efficiency efforts in IKEA stores and warehouses.

WOW – now lets double that:

Ikea Group, the world’s biggest furniture retailer, will double its investment in renewable energy to $4 billion by 2020 as part of a drive to reduce costs as cash-strapped consumers become more price sensitive. IKEA to double renewable energy investments

What a crazy figure – US$4 BILIION invested in renewable energy.