Energy Efficiency, GHG Emissions, Industrial - February 18, 2025
Ingka Group Commits to Net Zero Transition Plan
Ingka Group, the largest IKEA retailer, published its Net Zero Transition Plan to achieve its climate targets.
The company plans to reduce absolute GHG emissions from the value chain by at least 50% by FY30 compared to a FY16 baseline and reach net zero emissions by FY50.
Ingka Group, which operates in 31 countries, has shown consistent progress in reducing its emissions and has reduced its climate footprint by 30.1% compared to the FY16 baseline. The Group first set science-based climate targets in 2018, and during 2023, strengthened its climate targets to halve absolute emissions across the value chain by 2030 and reach net zero by 2050 at the latest. The updated targets are part of the IKEA strengthened climate ambition Net Zero and Beyond.
“We have strong climate commitments, and the publication of our net zero transition plan means we have an even clearer roadmap for how to get there,” said Karen Pflug, Chief Sustainability Officer, Ingka Group, in a statement. “Thanks to the dedication and work of many colleagues across the business, this plan has taken in many learnings and goes deeper than ever before into each of our climate emission categories for our business. We hope that by being transparent about our challenges, dependencies and innovation gaps we can inspire others and lead conversations that will support us in achieving the transition in our own business and broader society.”
To build on progress, the new climate transition plan presents a roadmap for decarbonization across all aspects of the value chain based on a deep dive analysis of emission categories including store operations, construction materials, mobility and investments.
The key insights from the climate transition plan include:
- Actions with impact: A detailed breakdown of emission categories where Ingka can have the most impact and can continue to significantly reduce its own emissions while empowering consumers to make more sustainable choices. Key actions include continuing to scale zero emission deliveries and renewable energy investment and adoption.
- Innovation and efficiency gaps: Mapping of where Ingka has the potential to scale up existing solutions and ensuring consistent adoption across Ingka’s markets, embedding the transition plan into business and innovation planning. Key actions include scaling renewable heating and cooling and the uptake of lower emission materials and technology.
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