Ikea ringfences €1.5bn to help end reliance on fossil fuels

Stuart Stone
clock • 2 min read
Credit: iStock
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Credit: iStock

Fresh funding from Ikea's largest retailer aims to accelerate renewable energy transition and enable phase out of the direct use of fossil fuels

Ingka Group has announced it is investing €1.5bn as part of efforts to bolster Ikea's access to renewable energy and phase out the retailer's direct use of fossil fuels. According to an update yesterday,...

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