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Ikano Retail FY23 Sustainability Report

A man and a woman in Thailand composting old IKEA Christmas trees to grow a new garden in a public park.

Our report card against targets across our sustainability journey.

In this report, we provide an overview of our sustainability direction and a report card on our performance towards 2025 sustainability targets – ranging from sustainable product sales in our stores and gender balance in our workplaces to a full accounting of our carbon emissions. This report covers stories from the 2023 financial year, September 2022 - August 2023.

About Ikano Retail

Ikano Retail is one of 12 IKEA franchisees. Through our omnichannel experience we create a better everyday life in Singapore, Malaysia, Thailand, Mexico and the Philippines, offering well-designed, functional home furnishing products at prices so low that as many people as possible are able to afford them. Our Ikano Centres, anchored by IKEA, are retail destinations at the heart of our communities. We also invest in real estate to develop places for people to live, work and play. We are the only franchisee owned by the family of Ingvar Kamprad, who founded IKEA in 1943. Learn more about our business at group.ikano