IKEA A/S

IKEA A/S, headquartered in Denmark and operating in the Retail trade services sector, reported its most recent emissions data for 2021. Their Scope 1 emissions were 79,392,000 kg CO2e, and Scope 2 emissions (market-based) were 54,597,000 kg CO2e. The company's Scope 3 emissions in 2021 were approximately 24,960,000,000 kg CO2e. Key categories contributing to Scope 3 emissions included purchased goods and services at 16,281,406,000 kg CO2e, use of sold products at 4,460,785,000 kg CO2e, and end-of-life treatment of sold products at 1,750,718,000 kg CO2e.

The Science Based Targets initiative (SBTi) has approved several near-term and long-term climate commitments for the IKEA home furnishing business, as cascaded from IKEA A/S. The IKEA home furnishing business commits to an overall reduction of at least 15% in absolute GHG emissions across its value chain (Scope 1, 2 & 3) by FY2030, from a FY2016 base year. More specifically, Inter IKEA Group, which includes the IKEA franchisor, range development, supply, and some manufacturing activities, aims to reduce Scope 1 and 2 GHG emissions by 80% by FY2030, from a FY2016 base year. For IKEA retail operations (Scope 3), the franchisee Ingka Group commits to an 80% reduction in absolute Scope 1 and 2 GHG emissions by FY2030, from FY2016. Inter IKEA Group also targets an 80% reduction in absolute Scope 3 GHG emissions from production at direct home furnishing, food, component, and catalogue suppliers by FY2030, from a FY2016 base year. Furthermore, Inter IKEA Group and Ingka Group commit to a 50% reduction per person for customer and co-worker travel and home deliveries by FY2030, from a FY2016 base year.

IKEA (Inter IKEA Holding B.V. and its controlled entities) also has a net-zero target, committing to reach net-zero greenhouse gas emissions across the value chain by FY2050. This includes a long-term target to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by FY2050, from a FY2016 base year. They also commit to increasing annual sourcing of renewable electricity to 100% by FY2025 and maintaining this through 2030.