Ikea’s holding company Ingka, announced their plan to invest more money into creating climate positive stores across the world. Last year the company invested nearly $2.8 billion USD in solar and wind energy and now has stakes in two American solar farms.
This announcement comes at the heels of the global climate strike and the UN’s climate action summit, which has seen an increased interest in the ongoing climate emergency.
Speaking about the move, Ingka chief executive Jesper Brodin said the following to Reuters, “Being climate smart is not an added cost. It’s actually smart business and what the business model of the future will look like. Everything around fossil fuels and daft use of resources will be expensive.”
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