Ingka Group, the largest IKEA retailer operating in 31 countries, has published its Net Zero Transition Plan, outlining its strategy to achieve a 50% reduction in absolute greenhouse gas (GHG) emissions by 2030 and reach net zero by 2050. The plan aligns with the Paris Agreement’s goal of limiting global temperature rise to 1.5°C above pre-industrial levels.
Since setting science-based climate targets in 2018, Ingka Group has reduced its climate footprint by 30.1% compared to its 2016 baseline. The company strengthened its targets in 2023 as part of IKEA’s broader climate ambition, “Net Zero and Beyond,” reinforcing its commitment to halving emissions across the value chain by 2030.
Karen Pflug, Chief Sustainability Officer at Ingka Group, emphasised the significance of the transition plan, stating that sustainability has long been embedded in IKEA’s business approach. She highlighted the need for transparency and collaboration to overcome innovation gaps and external dependencies, adding that the roadmap provides a detailed breakdown of emissions sources and key actions to accelerate decarbonisation across operations.
The transition plan identifies critical areas for emissions reduction, including store operations, construction materials, mobility, and investments. It also outlines key strategies such as scaling up zero-emission deliveries, expanding renewable energy adoption, improving supply chain efficiencies, and embedding sustainability within corporate governance and decision-making.
An updated climate risk assessment, following the Taskforce on Climate-related Financial Disclosures (TCFD) framework, evaluates the potential impact of extreme weather events on the business and underscores the financial risks of inaction. The plan also calls for stronger policies and industry-wide collaboration to accelerate the transition to renewable energy, sustainable transport, and circular business models.
Simon Henzell-Thomas, Climate & Nature Manager at Ingka Group, stressed the urgency of collective action, stating that no single entity can tackle climate change alone. He urged policymakers, businesses, and customers to work together, particularly as governments prepare to submit new national climate plans ahead of COP30 in 2025.
