Ikea closer to becoming energy independent.

In the latest report from Ikea, the Swedish retailer has announced it moves a step closer to becoming “energy independent”. The news come after the group stated sales for the year to August grew 3.8 per cent to €34.1bn (£30bn) as 817 million customers walked through its doors.

“IKEA Group continues to invest in making a positive impact on the climate. Recent investments in France, Canada and Lithuania brings the total number of wind turbines to 415. This means IKEA Group now owns more wind turbines than stores and is getting closer to its target to become energy independent by producing as much renewable energy as consumed through operations, by 2020. ” the group said in the newest press release.

Ikea owns and operates 355 IKEA stores in 29 countries.

“In a fast changing retail environment, we strive to make our customers’ lives a little bit better. We want to share our deep knowledge on how people live and be an inspirational source for how home furnishing can improve life at home. This year, we are putting a spotlight on the living room and have improved the living room area in all our stores and are presenting a wider range of products and smart home furnishing solution, says Jesper Brodin, President and CEO of IKEA Group (INGKA Holding B.V.) since 1 September 2017.

 

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