LEIDEN, THE NETHERLANDS: IKEA Group announced that before the end of this year, it will expand its residential solar offer from the UK to the Netherlands and Switzerland, making solar energy affordable to many more homeowners. Over the coming 18 months, the offer will roll out to a further six countries.
As well as helping its customers to access renewable energy, the company is also making strong progress on the EUR1.5 billion it has committed to invest in wind and solar power for its own operations. So far it has installed 700,000 solar panels on its stores and buildings and has committed to own and operate 224 wind turbines as part of its goal to match 100 percent of its energy use with renewable energy generation by 2020.
The company also highlighted a commitment for all plastic material used in its home furnishing products to be 100 percent renewable and/or recycled by 2020. Together the announcements mark a significant step forward in the company's People & Planet Positive sustainability strategy.
The announcements were made in New York by Peter Agnefjäll, the IKEA Group president and CEO, on the eve of the UN Climate Summit which he is attending to call for ambitious measure to tackle climate change.