Ingka Group on track to meet 2030 climate target despite challenges
"We are determined to use our size and reach to play a leading role."
Ingka Group has reduced emissions by 30.1% since 2016 and is on track to meet its 2030 climate target despite recognised challenges around renewable heating and cooling and zero-emissions deliveries.
IKEA’s top franchisee accelerated its emissions reduction across Scopes 1, 2 and 3 last year, going from a 24.3% overall decrease in 2023 to more than 30% (or 21.5 million tonnes CO2 equivalent) in 2024, both compared to its 2016 baseline. Revenue growth slowed down slightly in the same time frame (from 30.9% to 23.7%), but the company is still on a growth pathway where revenue is decoupled from emissions.
