The Ikea Group may be putting a price on carbon emissions, Reuters reports. “There was a lot of discussion about carbon pricing and putting an internal price on carbon,” Chief Executive Peter Agnefjall said at the Reuters Global Climate Change Summit. “That's definitely something we bring home and that we will analyze in the coming months.”
The company is making great strides to become more sustainable. It has committed to investing €1.5 billion until 2015 in renewable energy, mainly wind and solar power. The goal is for the company to become energy neutral by producing as much renewable energy as it consumes in its operations. By 2015, Ikea aims to produce at least 70 percent of its energy consumption from renewable sources.
The company has other sustainability goals, including:
“We see sustainability as a driver of building a new and better IKEA,” Chief Executive Peter Agnefjall said at the Reuters Global Climate Change Summit.
The climate has warmed considerably since the 1950s, a 2014 UN report states. Carbon concentrations have increased by 40 percent since pre-industrial times, coming mostly from fossil fuel emissions.
Gina-Marie is a freelance writer and journalist armed with a degree in journalism, and a passion for social justice, including the environment and sustainability. She writes for various websites, and has made the 75+ Environmentalists to Follow list by Mashable.com.