Furniture giant IKEA said it is on track to cut its emissions further after an 11per cent reduction in its climate footprint in the 12 months to the end of August, partly because of temporary store closures.
Brand owner Inter IKEA said on Monday carbon emissions throughout the value chain - from the production of raw materials to customers' use and disposal - fell in its fiscal year 2020 to 21.2 million tonnes of CO2 equivalent.The reduction per euro of retail sales - a measure that takes into account that government lockdowns meant most stores closed for several weeks - was 7per cent.
"Looking at CO2 emissions divided by sales we do believe we will have a positive development compared to 2020."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IKEA France goes on trial for spying on staff membersVERSAILLES: The French branch of Swedish retailing giant IKEA goes on trial Monday (Mar 22) accused of running an elaborate system to spy on staff ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Singaporeans raid Ikea for Lego sets, resell them on Carousell for profitReally can’t wait a week to buy them online? This article, Singaporeans raid Ikea for Lego sets, resell them on Carousell for profit, originally appeared on Coconuts, Asia's leading alternative media company.
Source: YahooSG - 🏆 3. / 71 Read more »
H&M, IKEA and Stora Enso backed TreeToTextile builds sustainable fibre demo plantA venture part-owned by Finnish forestry group Stora Enso, Sweden's H&M and IKEA said on Tuesday it was set to build a demonstration plant in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Ikea targets affordable interior design market in Singapore and Southeast AsiaSINGAPORE (EDGEPROP) - Entering Ikea’s latest planning studio in Jurong Point shopping mall is a little like playing The Sims, a video game popular for its theme of emulating life. Homeowners will not get to pick out virtual characters at the design studio — unlike in the game. But like playing it, they will get to visualise, design and fit out a virtual home from scratch.Ikea’s planning studio, in partnership with Livspace, occupies some 1,033 sq ft on level one of Jurong Point mall (Credit: Ikea, Livspace)Taking after an Ikea showroom, the retail space mirrors the layout of a 1,033 sq ft, three-room HDB flat. Customers can use their smartphones (or the iPads provided) to scan a QR code in any room, and change out the furniture, fittings and decor, opting from an exhaustive catalogue of Ikea merchandise. As the products are being swapped out on the platform, the cost for the fit-out will also be updated in real-time, providing home-owners with a sense of how much the aesthetics would cost.The end-product is a collaboration between the Swedish furniture giant and start-up Livspace, an interior and renovations platform first launched in India in 2015. In 2019, Ingka Investments, the venture-capital arm of Ikea parent company Ingka Group, invested an undisclosed sum in Livspace. That same year, Livspace also opened an office and set up operations in Singapore.The master bedroom in a three-room HDB flat, featuring Ikea’s smart home lighting solution and its Wi-Fi speaker that doubles as a bookshelf (Credit: Samuel Isaac Chua/ The Edge Singapore)Partnership with LivspaceMuch like how Ikea is known for its affordable furniture and fittings, the retailer now also wants to dominate the affordable interiors market. In its partnership with Livspace, the renovations start-up will allow for an end-to-end solution to be provided. This ranges from renovation works, fitting out flooring, to opting for the right shade of wall paint.“Ikea is very good with the furnishing and the fu Smart marketing there Ikeasg_promo Is this its desperate moves because loosing sales due to poor customers services and product quality? I am one of those and have not bought anything there for more than 10 years! Didn’t even visit their stores too. Ikeasg_promo
Source: YahooSG - 🏆 3. / 71 Read more »
Ikea S’pore Office Tour: Showroom-Worthy Pantry, Monkey Bars & Daybed For Naps
Source: TODAYonline - 🏆 1. / 99 Read more »