Ikea Grows Sustainability Initiatives with New ‘People & Planet Positive’ Strategy

Ikea, which has been working for a number of years to increase its energy efficiency, while at the same time preserve the environment, has just released a new sustainability strategy, People & Planet Positive.

The strategy incorporates a new set of goals expected to be achieved by 2020, including converting all lighting to LED that the company expects will last for 20 years and use up to 85 percent less electricity.

Ikea also says that it’s working on “becoming energy and resource independent, which includes producing as much renewable energy as is consumed in Ikea Group stores and buildings,” including allocating $1.8 billion (€ 1.5 billion) to wind and solar projects.

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