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Published 27 March 2019 • Inter IKEA newsroom

IKEA Sustainability Report FY18: Making sustainable living more inspiring and affordable

Today, the IKEA Sustainability Report FY18* is released – reporting progr ess from across the IKEA value chain and franchise system towards the commitment to become People & Planet Positive.

“We know that sustainable living often is a luxury for the few. We want to use our impact and scale to reach the many people with inspiring and affordable choices within the limits of the planet,” says Lena Pripp-Kovac, Head of Sustainability, Inter IKEA Group.

Some highlights from the financial year 2018 include:

New circular design principles and services – designing new products to be repurposed, repaired, reused, resold or recycled

More renewable and recycled materials – during FY18, 60% of the IKEA range was based on renewable materials and 10% contained recycled materials. The ambition is 100% renewable and recycled materials by 2030

Increasing renewable energy – 18,240 solar panels have been installed on an IKEA Industry production unit in Portugal, producing enough electricity to power 2,700 homes

The number of home solar customers grew and customers saved money on their energy bills. Today, home solar is offered in six IKEA markets**

Sourcing responsibly – today, 100% of our cotton (same as FY17) and 85% (up from 77% in FY17) of wood come from more sustainable sources***

Developing new innovative products such as MISTELN water saving mist nozzle that can reduce water use by more than 90%

Launch of three collections in partnership with social enterprises

More plant-based food – the veggie hot dog was launched globally, it has 85% smaller climate footprint than the normal hot dog

Commitment to phase out single-use plastic products from the IKEA range by 2020

Find more examples of our progress in the IKEA Sustainability Report FY18. The report shows progress from across the value chain, including Inter IKEA Group, franchisees and suppliers in the three focus areas of the IKEA.

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About IKEA

IKEA offers well-designed, functional and affordable, high-quality home furnishing, produced with care for people and the environment. There are several companies with different owners, working under the IKEA Brand, all sharing the same vision: to create a better everyday life for the many people. IKEA was founded in Sweden in 1943.

About the IKEA franchise system

The IKEA retail business is operated through a franchise system with franchisees that are authorised to market and sell the IKEA product range within specified geographical territories. Inter IKEA Systems B.V. is the owner of the IKEA Concept and worldwide IKEA franchisor, who also assigns different IKEA companies to develop the product range, supply products and deliver communication solutions. Today, 12 different groups of companies have the right to own and operate IKEA sales channels under franchise agreements with Inter IKEA Systems B.V.

About Inter IKEA Group

Inter IKEA Group includes Inter IKEA Systems B.V., IKEA of Sweden AB, IKEA Supply AG and IKEA Industry AB related businesses. Inter IKEA Holding B.V. is the holding company for the Inter IKEA Group.

Contacts

IKEA Franchising

If you want to know more about the IKEA Brand, our people and sustainability agenda, our culture and values, the IKEA expansion and franchise system, please contact us here:

Netherlands

[email protected]

+31621240618