The IKEA vision is to create a better everyday life for the many people. Our business idea is to offer well-designed, functional and affordable, high-quality home furnishing, produced with care for people and the environment. The IKEA Brand unites more than 200.000 co-workers and hundreds of companies with different owners all over the world. It’s one brand, but it reaches millions of hearts and homes. Our value chain is unique. It includes everything from product development, design, supply, manufacture and sales – and of course it begins and ends with our customers. The IKEA retail business is operated through a franchise system. Today, 12 different groups of companies market and sell the IKEA product range under franchise agreements with Inter IKEA Systems B.V. IKEA was founded in Sweden in 1943.
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Happy Lunar New Year! Sending our warmest wishes to all those celebrating this special time of renewal, togetherness, and new beginnings. May the Year of the Snake bring you much happiness, prosperity, and good health. 🧧🐍🎇 Notable names born in the Year of the Snake include Bob Dylan (1941), Oprah Winfrey (1954), Taylor Swift (1989), and the IKEA STOCKHOLM chair (2013). #LunarNewYear #YearoftheSnake #IKEA #IKEACanada #BringHomeToLife
Joyeux Nouvel An lunaire ! Nous offrons nos vœux les plus sincères à toutes les personnes qui célèbrent cette occasion de renouveau, d’appartenance et de nouveaux départs. Que l’année du serpent vous apporte la joie, la prospérité et la santé. 🧧🐍🎇 Personnalités célèbres du signe du serpent : Bob Dylan (1941), Oprah Winfrey (1954), Taylor Swift (1989) et la chaise STOCKHOLM de IKEA (2013). #NouvelAnlunaire #annéeduserpent #IKEA #IKEACanada #lamaisoncestlavie
We believe a better life starts at home and must include sustainable choices that are affordable for everyone, especially those with thin wallets. This past year, we continued our efforts to make IKEA more affordable, accessible, and sustainable for everyone. In the financial year 2024 (FY24), we took two big steps: we lowered prices across all markets and made steady progress on our sustainability agenda. Our efforts led to a 28% reduction in our absolute climate footprint compared to baseline year FY16 and a 5% reduction compared to FY23. Main improvements on our climate agenda include an increased share of renewable energy in production and retail, as well as scaled-up investments in material innovation and production processes. We are committed to continue doing our part to address climate change, nature loss, and inequality within the IKEA value chain, staying true to our vision, making sustainable living affordable. Learn more about our journey in the FY24 IKEA Sustainability and Climate Reports: https://lnkd.in/dUAgy2zA
Today, we celebrate the completion of the Inter IKEA Group's acquisition of the IKEA retail business in the Baltics, which was previously owned by one of our franchisees. This acquisition marks the beginning of a new chapter in our vision to create a better life for the many. Not only will this bring us even closer to our co-workers and the many people in Estonia, Latvia, and Lithuania, but it also allows us to strengthen and develop the IKEA Concept further, become an even better franchisor to all franchisees, and deliver even greater value to our customers across the globe. Read more about it here: https://lnkd.in/dAD7gW6H
We're committed to a sustainable and more inclusive future through collaborations with innovative social enterprises worldwide. It has been a year of mutual learning, growing and making an impactful difference together. We are pleased to share the release of the sixth IKEA Social Entrepreneurship Annual Review. Tap to read about our key initiatives and highlights of the past financial year here: https://lnkd.in/d537AaZy
#COP29 is a crucial moment to speed up climate action, and we are here to join forces with other businesses to do our utmost to contribute to climate progress. We will share our best practices and challenges here and learn from others. We are committed to using science and taking concrete actions to cut greenhouse gas emissions, phase out fossil fuels across our value chain, and transition towards a circular business that drives progress for both people and nature. Learn more about our climate agenda here: https://lnkd.in/d3aYYuBc #ClimateAction #Sustainability
We’re in great company on the new Forbes World’s Best Employers 2024 list, ranking as the 8th best in the world. As the highest-ranked retail company, we’re proud that our efforts to be a great place to work, learn, and grow have created workplaces full of engaged co-workers. The result of extensive surveys with employees worldwide, this ranking shows they value the opportunities, experiences, and culture we offer. That’s the most important feedback we could receive. Our culture and values guide and set us apart, but being a great employer takes continuous effort. We aim always to adapt, innovate, and reconsider how we work to ensure we keep moving in the right direction. None of this would be possible without our co-workers who embody the IKEA values every day. Your dedication and hard work are the true reasons behind any success we achieve, and we couldn’t be prouder. Thank you! https://lnkd.in/gvhzhiB
We all depend on #nature. At #COP16 in Cali, Colombia, we will join others to support accelerating action on the Global Biodiversity Framework to halt and reverse nature loss by 2030. IKEA is dependent on nature and biodiversity for the success of our business, now and in the future. Setting goals guided by Science-based Targets for Nature (SBTN), investing in reforesting degraded landscapes, and taking collective action to support ecosystem resilience are just some of the ways we are working to protect and improve biodiversity. We don't have all the answers and can't achieve our goals alone. Therefore, we will continue to engage, learn, and act with others to increase awareness and action on nature and biodiversity. Swipe to see where we're focusing our actions. Read more here: https://lnkd.in/d_6FqSHC #IKEA #Sustainability
Today, we release our sales figures for FY24, landing on EUR 45.1 billion. During the year, we have lowered our prices, continuing our journey to make IKEA even more affordable for the many people, in all 63 IKEA markets. Despite a struggling global economy and shrinking home furnishing market, our commitment to lowering prices has shown an upward trend in both store and online visitation, whilst our volumes have been stable. Read more about how we've focused our efforts to grow our business and how we've spent a year investing and building an IKEA for the future here: https://lnkd.in/dhxwV_87
At #ClimateWeek in New York, we are committed to using our voices to focus on the challenges and opportunities of tackling climate change that threatens our global home. By showcasing concrete actions, we aim to fulfil our commitments and responsibilities. These actions support our vision of creating a better everyday life for many people and underscore our dedication to being a responsible business. Swipe to see our commitments and read more on our climate agenda here: https://lnkd.in/dv2szMtT #IKEA #Sustainability