Ikea Group, Corp. Sustainability Profile
Ikea Group, Corp., commonly known as Ikea, is a leading global retailer headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1943, Ikea has revolutionised the furniture industry with its innovative flat-pack designs and affordable home furnishings, making stylish living accessible to millions. Specialising in ready-to-assemble furniture, kitchen appliances, and home accessories, Ikea is renowned for its commitment to sustainability and functional design. The company has achieved notable milestones, including the introduction of eco-friendly product lines and a strong emphasis on renewable materials. With a robust market position, Ikea continues to be a pioneer in the home furnishings sector, consistently ranking among the top furniture retailers worldwide.
DitchCarbon Score
How does Ikea Group, Corp.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ikea Group, Corp.'s score of 29 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ikea Group, Corp.'s reported carbon emissions
Ikea Group, Corp. has not reported any carbon emissions data for the most recent year. However, the company has set ambitious climate commitments aimed at achieving net-zero emissions. Specifically, Ikea is targeting a carbon-free energy mix for its Scope 1 and Scope 2 emissions by 2025. This initiative reflects their commitment to reducing their carbon footprint and transitioning to sustainable energy sources. As of now, there are no specific reduction targets or achievements reported under the Science Based Targets initiative (SBTi). The absence of emissions data suggests that Ikea may still be in the process of establishing comprehensive reporting mechanisms or may be focusing on future commitments rather than past performance. Overall, Ikea Group, Corp. is actively working towards significant climate goals, particularly in the near term, with a focus on decarbonising its operations through renewable energy initiatives.
How Carbon Intensive is Ikea Group, Corp.'s Industry?
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Ikea Group, Corp.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ikea Group, Corp. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
