Investing in the future
Our goal is to make IKEA more affordable, accessible, and sustainable, especially for those with limited budgets. Last year, we lowered prices across all markets and made progress on our sustainability agenda.
In FY24, we faced global challenges like climate change, geopolitical conflicts, and economic pressures. We believe in taking tangible actions now to address these issues. Operating in over 60 markets, we have the responsibility and opportunity to drive change and make a difference in communities.
We made progress towards our climate goals, reducing total emissions by 5% compared to the previous year and 28% compared to FY16. This reduction is due to increased renewable energy, improved energy efficiency, and electrification of transport.
The reporting period follows the financial year 2024, which runs from 1 September 2023 to 31 August 2024. Percentages in this report may not total 100% due to rounding differences.