IKEA owner Ingka Group plots €1bn investment in circular economy firms

clock • 2 min read
Credit: iStock
Image:

Credit: iStock

IKEA's largest retailer claims funding will help support the circular economy and encourage reuse and recycling

Ingka Group, the owner of the vast majority of IKEA's stores worldwide, has set its sights on investing €1bn in companies developing recycling infrastructure and circular economy innovations worldwide,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Amber Rolt

View profile
More from Amber Rolt

'Adaptation is a must': 2024 confirmed as Europe's hottest year on record

'A great example of a circular economy in action': United Utilities and Levidian explore how to use sewage waste to produce clean hydrogen

More on Recycling

Two thirds of Brits claim Easter chocolate is egg-cessively packaged
Recycling

Two thirds of Brits claim Easter chocolate is egg-cessively packaged

UK expected to get through 123 million chocolate eggs this Easter, resulting in around 8,000 tonnes of packaging waste

Stuart Stone
Stuart Stone
clock 16 April 2025 • 4 min read
Decathlon expands old sports gear 'buy back' offer over Easter weekend
Recycling

Decathlon expands old sports gear 'buy back' offer over Easter weekend

Retailer offers customers chance to trade in used sports gear in return for discounts and special offers on new sports gear in-store, in a bid to support its circular economy drive

Amber Rolt
clock 11 April 2025 • 3 min read
'Don't ditch it, fix it': John Lewis rolls our repair service to all UK stores
Recycling

'Don't ditch it, fix it': John Lewis rolls our repair service to all UK stores

Following a successful trial in five stores John Lewis has extended its repair and alterations across the UK in a bid to boost the circular economy and keep items in use for longer

Amber Rolt
clock 10 April 2025 • 2 min read