Ingka Group achieves 95% renewable electricity sourcing

29 Jan Ingka Group achieves 95% renewable electricity sourcing

(Oilandgaspress) -] Ingka Group, the largest IKEA retailer, today released its Annual Summary and Sustainability Report (ASSR) for Financial Year 2025 (FY25). The company continues to strengthen its commitment to building a more resilient business, while serving more customers and enabling them to live more sustainably. The report outlines the achievement of matching 94.8% of its operations with renewable electricity, alongside notable progress in zero-emission home deliveries, food waste reduction and scaling circular services for customers.

The Ingka Group FY25 Annual Summary & Sustainability Report (ASSR) is the first to be structured around Environmental, Social, and Governance (ESG) pillars, as part of preparations to move towards reporting aligned more closely with the EU Corporate Sustainability Reporting Directive (CSRD)and the European Sustainability Reporting Standards (ESRS). The company’s Sustainability Statements provide a comprehensive account of the company’s performance, challenges, and achievements across all its business areas – IKEA Retail, Ingka Investments, and Ingka Centres. Its ESG disclosures are a good reflection of how Ingka Group internally manages performance through its Value Creation Goals in 4 dimensions: Better Homes for customers, Better Lives for the many people and co-workers, a Better Planet for all, and a Better Company now and for future generations.

The majority of the company’s climate footprint (Scope 3) is associated with the sourcing, production and transportation of the IKEA Range. Inter IKEA Group, Ingka Group’s franchisor and wholesale supplier, leads the work to reduce emissions in these categories and is on a journey to strengthen its data and methodology. This will support the company to more accurately measure progress, strengthen accountability, and drive meaningful change. FY25 Data covering our total carbon footprint was therefore not available at the time of publication and will be included in the Inter IKEA Group and the Ingka Group FY26 reports.

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