Ingka Group to Accelerate Renewable Energy Investments

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Ingka Group, the largest IKEA retailer, plans to invest an additional 4 billion euro into renewable energy.

Official Press Release Ingka Group:

Ingka Group accelerates investment in the transition to a renewable energy future with additional 4 billion euro

Ingka Group[1], the largest IKEA retailer, announces in the run up to Earth Day that it will accelerate its investments in renewable energy by an additional 4 billion euro to support the transition towards a renewable energy future. The investment will support reducing the company’s climate footprint and a broader transition to a net-zero society.

In the past decade Ingka Group invested 2.5 billion euro into renewable energy in onsite and offsite wind and solar power enabling the company to generate more renewable energy globally than it consumes. Entering a critical decade for climate action this acceleration, by Ingka Investments2, to 6.5 billion euro marks the next step towards 100% renewable... ... More: Official Press Release Ingka Group

Ingka Group, IKEA, retailer, Earth Day, announcement, investment, billion, renewable energy, sustainability, energy ransition, climate footprint

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