The Case Analysis to IKEA’s Approach to Sustainability
Abstract
Sustainability is a hot topic in all industries. This paper examines IKEA’s approach to sustainability through a case study and iden_x005ftifies underlying issues while providing recommendations for ethical and sustainable operations. Employing Dr. Gribble’s (2023) 7-step ethical framework, this study assesses IKEA’s (2023) sustainability progress as demonstrated in its climate report for financial year 2022 (FY22).
Noteworthy accomplishments encompass the full adoption of renewable energy across 24 retail markets. Additionally, IKEA reports a 20%
reduction in climate footprint compared to FY16 (IKEA 2023). The report underscores remarkable advancements made by IKEA in FY22,
underscoring the company’s earnest endeavors to fulfill its sustainability goals for 2030 (IKEA 2023).
Noteworthy accomplishments encompass the full adoption of renewable energy across 24 retail markets. Additionally, IKEA reports a 20%
reduction in climate footprint compared to FY16 (IKEA 2023). The report underscores remarkable advancements made by IKEA in FY22,
underscoring the company’s earnest endeavors to fulfill its sustainability goals for 2030 (IKEA 2023).
Keywords
Analysis; IKEA; Approach to Sustainability
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DOI: http://dx.doi.org/10.18686/fm.v8i6.11738
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