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IKEA pledges 1 billion euros to help slow climate change

2015-06-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: IKEA, the world's biggest furniture retailer, plans to spend 1 billion euros ($1.13 billion) on renewable energy and steps to help poor nations cope with climate change, the latest example of firms upstaging governments in efforts to slow warming. Chief Executive Peter Agnefjall said the measures would "absolutely not" push up prices at the Swedish group's stores. The investments will be "good for customers, good for the climate and good for IKEA too," he told Reuters. He said the plan was motivated...

Tags: change slow euros billion

Category:Electronics and Electrical

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