IKEA is a multinational Sweden-based group of companies that designs and sells ready-to-assemble furniture, appliances and home accessories. During the December climate change summit (COP21) in Paris, Ikea pledged to invest €600 million (£471 million) in renewable energy projects. This was in addition to an earlier commitment to invest €1.5 billion (£1.2 billion) and an additional €400 million (£314 million) to provide communities that are vulnerable to climate change. Ikea, the world’s biggest furniture retailer, is planning to invest heavily to have a positive impact on climate through energy-efficiency measures, renewable energy investments, reduction in supply chain emissions, and changes in products designed to get behavioural change.
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