BIG WINNERS: IKEA to use only renewable and recycled materials by 2030

ALMHULT, Sweden (Reuters) – IKEA, the world’s biggest furniture retailer, plans to use only renewable and recycled materials in its products by 2030, in the latest commitment by a global store group to reducing its impact on the environment.

Inter IKEA CEO Torbjorn Loof (L) and IKEA Group CEO Jesper Brodin pose for a picture at an IKEA office in Almhult, Sweden June 7, 2018. REUTERS/Anna Ringstrom

Inter IKEA, the owner of the brand best known for its low-cost flat-pack furniture, said on Thursday it aimed to reduce the climate impact of each of its products by more than two thirds by the end of next decade.

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