Enablers
By financial year 2024 (FY24), the IKEA business had reduced its climate footprint by 28% compared to its FY16 baseline - a reduction of 8.4 million tonnes CO₂ equivalent - while continuing to grow its business.
This progress has been enabled by a growing share of renewable electricity (reaching 81% in retail, 95% in logistics, and 75% in production in FY24) and a shift toward electrified transport.
IKEA’s science-based targets aim to halve emissions by 2030 and reach net zero by 2050 without relying on offsets. Continued progress, however, depends on countries strengthening their enabling conditions - such as forward-looking and harmonized policies, financing, and infrastructure - to support ambitious businesses in staying on track and continuing to contribute to national and international climate goals.
