IKEA
1 Beard St
IKEA is a home furnishings retailer with a vision to create a better everyday life for the many people. The company is committed to helping families living in poverty and people who have been forced to flee their homes, as well as taking bold climate action. IKEA Foundation, the philanthropic arm of the company, has granted €2 billion for people and the planet so far. IKEA offers affordable home furnishings and home goods, and IKEA Family members can save 10% more during sales. The company was founded in Sweden in 1943 and operates through a franchise system with 12 different groups of companies marketing and selling the IKEA product range. IKEA decreased its climate footprint by 22% in absolute terms compared to baseline FY16 and reduced plastic packaging in consumer goods by 47% compared to baseline FY21. [1][2][3]
[1] IKEA Foundation: ikeafoundation.org [2] IKEA: linkedin.com [3] IKEA Sustainability and Climate Reports FY23: lnkd.in
Why are prices at IKEA so cheap?
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