IKEA works hard to achieve quality at affordable prices for its customers through optimising its entire value chain, by building long-term supplier relationships, investing in highly automated production, and producing large volumes.
The company’s vision also goes beyond home furnishing. It wants to create a better everyday life for all people impacted by its business. It’s all about great design, quality, sustainability and affordability for all.
IKEA is increasing its use of recycled materials and has the goal to have 50% of the non- renewable material used for its products coming from recycled sources by 2017. IKEA is also increasing the opportunities for its customers to recycle products at the end of life. As an example, the company will offer mattresses take-back in 20 countries from next year. Additionally, in a limited number of countries the company offers second hand sales of IKEA products.
IKEA will take a lead in turning waste into resources. It will develop key resource chains securing recycled materials, ensure key parts of the range are easily recycled and take a stand for closed loop society.
By the end of FY15:
- all main home furnishing materials, including packaging, will be made from renewable, recyclable or recycled materials
- hazardous chemicals will be continuously substituted with healthy and safe alternatives across the value chain and information management about the substances used will be strengthened
- the company will be energy independent by being a leader in renewable energy and becoming more energy efficient throughout the operations and supply chain
- renewable energy equivalent to at least 70% of our energy consumption will be produced.
By the end of FY20 IKEA, at Group level, will produce as much renewable energy as it consumes.