IKEA A/S

IKEA A/S, a Danish company in the Retail trade services sector, reported its most recent emissions data for 2016. In that year, the company's total Scope 1, 2, and 3 emissions were approximately 39.99 billion kg CO2e. This included about 209.48 million kg CO2e from Scope 1 and approximately 621.93 million kg CO2e from Scope 2. Scope 3 emissions accounted for the largest portion, at around 39.16 billion kg CO2e. There is no emissions data available for 2014.

IKEA A/S's climate commitments include Science Based Targets initiative (SBTi) validated targets, which are cascaded from its related organization, IKEA (Inter IKEA Holding B.V. and its controlled entities). The IKEA home furnishing business has committed to several near-term and long-term targets:

Near-Term Targets (by FY2030, from a FY2016 base year):

• Reduce absolute Scope 1, 2, and 3 GHG emissions by 50%.
• Reduce Scope 1 and 2 GHG emissions by 82.1%.
• Reduce Scope 3 GHG emissions from franchisees by 80%.
• Reduce remaining absolute Scope 3 GHG emissions by 50%.
• Increase annual sourcing of renewable electricity to 100% by FY2025 and maintain this level through 2030.
• Reduce absolute Scope 3 GHG emissions from downstream transportation and distribution by 30%.

Long-Term Targets (by FY2050, from a FY2016 base year):

• Achieve net-zero greenhouse gas emissions across the value chain.
• Reduce absolute Scope 1, 2, and 3 GHG emissions by 90%.
• This includes specific long-term reduction targets of 90% for Scope 1, Scope 2, and Scope 3 emissions individually.

These targets are classified as consistent with a 1.5°C global warming scenario by the SBTi, and the company has committed to net-zero.