Today, the IKEA Group has 139,000 co-workers, and 47% of all managers are women.
Profits were reinvested in new and existing stores, more than 2,000 inspiring products, new and better services, and in e-commerce. Considerable investments were also made in renewable energy. Today, IKEA produces renewable energy equivalent to a third of its total energy consumption.
“We believe in sustainable growth, by expanding from our own resources, making long-term decisions and growing within the limits of the planet”, says Mikael Ohlsson.
During FY12, the IKEA Group released a new sustainability strategy, People & Planet Positive. The strategy is an integrated part of the business and outlines new goals and actions for delivery up to 2020. We committed to invest €1.5 billion in renewable energy. Strong progress within sustainability is presented in the IKEA Group Sustainability report FY12, released today.
In 2012, the IKEA Foundation increased its donations to €82 million to improve opportunities for children and young people in the developing world.
The IKEA Group Yearly Summary FY12, the IKEA Group Sustainability Report FY12 and People & Planet Positive strategy are available here.
*At IKEA, fiscal year 2012 (FY12) runs from September 1, 2011, to August 31, 2012.