Ikea to invest €100m to support direct suppliers
CEO Torbjorn Loof says Ikea will invest where it is likely to have the biggest effect on emissions
27 November 2019 - 18:10
Stockholm — Ikea, the world’s biggest furniture group, said on Wednesday it would spend about €100m to support direct suppliers as they switch over to renewable energy use.
Brand owner Inter Ikea, which is in charge of supplying retailers with stock, said it also planned to invest about €100m in projects to remove carbon from the atmosphere through reforestation and forest protection...
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