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Ikea pledges 1bn on renewable energy and climate change efforts

2015-06-04 15:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Ikea, the worlds biggest furniture retailer, plans to spend EUR1bn ($1.13bn) 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 groups 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 by a...

Tags: change energy efforts climate

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