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From Home Furnishing Business
Ikea Making More Moves on Sustainability
February 5,
2014 by in Green, Industry
Home furnishings retail giant Ikea is reporting continued progress on its sustainability initiatives.
We figured IKEA might be on the right track when we first saw its blue and yellow buildings adorned with solar rooftops. It turns out that the second-largest private commercial solar owner/user in the United States (and the largest per square meter of rooftop space) is on schedule with its ambitious sustainability strategy unveiled a little over a year ago, “People & Planet Positive.”
The program dedicates over $2 billion–three times as much as originally planned–to clean energy investment through 2015. It’s designed to protect the company from price shocks related to energy and other costs and to tap into customers’ desire for a greener lifestyle.
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Source: Cleantechnica