299
Fashion Jobs
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
L'OREAL GROUP
Retail And Education Manager
Permanent · HONG KONG
TORY BURCH
Senior Manager, Retail Training, Asia
Permanent · HONG KONG
By
Reuters API
Published
Feb 27, 2020
Reading time
2 minutes
Download
Download the article
Print
Text size

Ikea reduces climate footprint for the first time

By
Reuters API
Published
Feb 27, 2020

Carbon emissions throughout the full value chain of Ikea furniture fell for the first time last year, brand owner Inter Ikea said on Thursday citing increased use of renewable energy.


Photo: Ikea



From the production of raw materials and products through to customers' use and disposal, emissions shrank 4.3% in the fiscal year to the end of August 2019 to 24.9 million tonnes CO2 equivalents, it said.

"This was driven by a large increase of renewable energy in the production of Ikea products plus significant increases in energy efficiency of the lighting and appliances range," it said in a statement.

The world's biggest furniture brand's retail sales grew 6.5% to 41 billion euros (34.6 billlion pounds).

Ikea is aiming for its value chain to be climate positive - where it cuts more greenhouse gas emissions than it emits - by 2030.

That translates to a reduction by at least 15% to around 21 million tonnes CO2 equivalents, it said in its annual sustainability report.

Ikea produces around 10% of its range itself, mainly wood-based products, and sources the rest from suppliers.

To speed things up, in November in earmarked 100 million euros for encouraging direct suppliers to switch to renewable energy and an additional 100 million euros for projects to remove carbon from the atmosphere through reforestation and forest protection.

Helping store carbon already committed, besides capping emissions, is necessary to reach the target.

A growing number of large companies are now looking to do so. Microsoft in January pledged to vacuum up all its historical emissions in its 45-year history.

Inter Ikea's head of sustainability, Lena Pripp-Kovac, said she was hopeful emissions in Ikea's value chain this year would shrink further.

Inter Ikea is the franchisor to store owners, of which Ingka is the main one.
 

© Thomson Reuters 2024 All rights reserved.