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SOURCE IKEA Canada
People & Planet Positive strategy is moving retail giant towards goals
BURLINGTON, ON, Feb. 10, 2014 /CNW/ - IKEA Group has released its Sustainability Report for fiscal year 2013, outlining the company's progress against its People & Planet Positive strategy. The strategy's ambition is to move the company forward in its commitment to having a positive impact through its business practices. The results of this year's report show many positive developments, specifically in the areas of renewable energy, certified wood, more sustainable cotton and meaningful charitable contributions.
"IKEA Canada is committed to inspire and enable millions of people to live a more sustainable life at home while we pursue our own resource and energy independence and contribute positively to the communities where we conduct our business", says Kerri Molinaro, President, IKEA Canada. "Operating our business in a way that has a positive impact on people and the planet is crucial for us to achieve long term success".
Key Highlights from Global Report:
"One year on from the launch of our People & Planet Positive strategy, we are making good progress - more than doubling the amount of cotton we buy from more sustainable sources, investing in renewable energy, and enabling millions of people to live more sustainably at home. The 22 million LED products we sold during the year show that more sustainable products have great appeal, especially when customers understand the savings they can capture from day one," said Steve Howard, Chief Sustainability Officer, IKEA Group.
Key Canadian FY13 Highlights:
The IKEA Sustainability Report FY13 is available at http://www.IKEA.ca/PeopleAndPlanet (or under About IKEA > People & Planet > Find out more).
About IKEA Canada
IKEA is a leading home furnishings retailer with 342 stores in 42 countries worldwide, which are visited by 776 million people every year. IKEA Canada has 12 stores which are visited by over 25 million people every year. Last year the IKEA.com websites attracted 1.1 billion visitors. Founded in 1943, IKEA's business philosophy is to offer a wide range of products of good design and function at prices so low, the majority of people can afford them. For more information on IKEA, please visit: www.IKEA.ca.
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