Reports & Downloads
Annual Reports
IKEA UK Annual Summary, Financial Year 2024
2024 was a year of resilience and progress. In a challenging economic landscape, we made bold choices to stay true to our purpose of creating a better everyday life for the many. Guided by this purpose, throughout 2024 we continued to make progress with our strategy to make IKEA affordable, accessible and sustainable. We consciously lowered prices on some of our favourite products, ensuring our range remained within reach for as many people as possible.
Group Reporting
Inter IKEA Group
IKEA is a franchise business, with many companies operating under one IKEA brand. Inter IKEA Group is the group of companies that connects IKEA franchisees with range development and suppliers, and aligns the overall IKEA strategic direction. All to create a better everyday life for the many people.
The Group includes Inter IKEA Systems B.V., the franchisor, responsible for continuously developing the IKEA Concept and ensuring its implementation in new and existing markets, as well as range development, supply and certain industry activities.
Ingka Group
Ingka Group, which IKEA UK is a part of, is the largest IKEA franchisee, generating over 89% of total IKEA Retail sales in FY22.
Ingka Group consists of three business areas. The core business is IKEA Retail, which consists of almost 400 IKEA stores including city stores across 31 markets, and counting.
Ingka Centres creates great meeting places where each centre is anchored by an IKEA store. So far, we’ve established experience-oriented shopping centres across Europe and China.
We make responsible investments in our core business, or in areas that add value for our customers. Ingka Investments allows us to grow our IKEA Retail business, by partnering with companies that share our values.
UK Tax Principles
It is our firm opinion that doing business in a responsible way is a prerequisite for a successful business. Our tax principles are no exception to this. Click on the link below to read more.
Modern Slavery Statement
This statement has been produced in compliance with the Modern Slavery Act 2015. It details the steps that have been taken to date by IKEA to ensure that slavery and human trafficking are eliminated from its supply chain.
Gender Pay Gap reports
IKEA UK released its first gender pay gap report in 2017 for the retail and distribution operations as the per the new regulation in place since April 2017, which requires businesses with over 250 employees to publish their gender pay gap and gender bonus gap. IKEA UK welcomes this legislation which will lead to greater transparency and encourage action to reduce the gender pay gap.
IKEA UK Gender Pay Gap Report 2024
At IKEA we are committed to creating a more equal everyday life, both within our business and more widely in society. Understanding and addressing the gender pay gap is an essential part of our journey to cultivate a workplace that has equality, diversity, and inclusion at its core.
Code of Conduct
IWAY – the IKEA Supplier Code of Conduct
IWAY is the IKEA way of responsibly sourcing products, services, materials and components. It sets clear expectations and ways of working for environmental, social and working conditions, as well as animal welfare, and is mandatory for all suppliers and service providers that work with IKEA.
More than 20 years of working with IWAY has enabled us to build a credible and robust system that we can rely on to support, challenge, and actively work with together with our suppliers.
The IKEA Point of View
As a global business with the capacity to make a large impact, we know that we have a responsibility to make that impact a positive one. At IKEA, we believe good business means ethical business. Learn where we stand on important issues by following the links.
