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August 31, 2021
Crunchbase News' top picks of the news to stay current in the VC and startup world.
July 7, 2021
Retailers H&M Group, Ingka Group (IKEA), Kingfisher plc and Walmart today launched a new climate change initiative - the Race to Zero Breakthroughs: Retail Campaign - in partnership with the COP26 High Level Climate Action Champions and supported by WBCSD. Retailers have pledged their support to accelerate a movement in the retail industry to drive climate action and encourage other retailers to set out their plans to achieve 1.5 degree aligned carbon reduction targets. The retai...
April 20, 2021
India has tremendous renewable energy potential, said Peter Betzel, CEO and chief suitability officer, Ikea India.Recently, Ingka Group--that owns the bulk of IKEA stores worldwide--acquired a 49% stake in 8 solar PV parks in Russia
February 25, 2021
IKEA U.S. announced the completion of its first solar car park at IKEA Baltimore and has plans to build an additional seven projects at IKEA stores in Maryland and California. Initial results have exceeded expectations as the Baltimore location has seen an 84% decrease in the amount of energy needed to be purchased between September - December 2020, equating to a 57% energy cost savings for the store. "At IKEA, we aim to have a positive impact on people and planet, which is why sustainabi...
February 13, 2021
To erase its massive climate footprint, Ikea needs to change how it makes its products and how you buy them.