Ikea nears three-fold increase in sustainable product sales

The world’s biggest furniture retailer Ikea has almost trebled the sales from its ‘sustainable life at home’ products, while also announcing a new €1bn financial framework to promote projects that fall within its People & Planet sustainability strategy.

The Ikea Group Sustainability Report for the 2016 fiscal year, released last week, revealed that sales for the group’s ‘sustainable life at home’ product line had reached €1,802m in 2016 compared with €641m in 2013, taking the company 70% of the way to its target of achieving a four-fold increase in sales by 2020.

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Source: edie.net