IKEA invests $1 billion in recycling initiatives Domain-b.com

IKEA invests $1 billion in recycling initiatives

The Ingka Group, IKEA’s largest retailer, is investing $1 billion in recycling ventures to promote sustainability, focusing on textiles, plastics, and wood.

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IKEA's bold recycling investment Domain-b.com

IKEA's bold recycling investment

Ingka Group is investing $1 billion to reduce environmental waste from IKEA products.

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Focus on textile recycling Domain-b.com

Focus on textile recycling

€667 million of the investment targets textile recycling to address waste challenges.

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Partnering for impact

Partnering for impact

Ingka boosts investments in partners like RetourMatras and Morssinkhof Rymoplast.

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Wood recycling plans

Wood recycling plans

Exploring recycling for wood, a core material in IKEA’s product lineup.

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Driving the circular economy

Driving the circular economy

Ingka Group aims to recycle as much as IKEA sells by 2030.

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Legislation driving change

Legislation driving change

EU laws encourage recycling over landfill and incineration.

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Scaling for global demand

Scaling for global demand

Investments aim to meet IKEA’s needs and broader market demands.

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Renewable energy and sustainability

Renewable energy and sustainability

Ingka’s broader portfolio includes forestry and renewable energy.

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Textile recycling milestone coming

Textile recycling milestone coming

A significant investment in textile recycling will be announced this year.

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Impact beyond IKEA

Recycling ventures will create sustainable solutions for global markets.

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