{"id":1466,"date":"2020-10-05T18:35:16","date_gmt":"2020-10-05T23:35:16","guid":{"rendered":"http:\/\/nexosmasuno.pe\/membresia\/?p=1466"},"modified":"2020-10-05T18:35:16","modified_gmt":"2020-10-05T23:35:16","slug":"ikea-invertira-700-millones-dolares-sostenibilidad","status":"publish","type":"post","link":"https:\/\/nexosmasuno.com\/en\/ikea-invertira-700-millones-dolares-sostenibilidad\/","title":{"rendered":"IKEA to invest $700 million in sustainability within a year"},"content":{"rendered":"
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Ingka Group, the owner of the IKEA business, will invest $700 million over the next 12 months in companies and solutions that have a direct impact on the Paris Agreement and the UN Sustainable Development Goals (SDGs).<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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IKEA's results include a decrease in its overall climate footprint by 4.3%, despite business growth of 6.5%.<\/div>\n\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The Ingka Group<\/strong> has confirmed that it will implement a \"zero fossil fuel approach<\/strong>The \"Spending and Procurement\" program, as part of a renewed focus on the\u00a0environmental, social and corporate governance (ESG) standards<\/a>. The group will also be responsible for reviewing the alignment of local pensions in 31 countries to ensure that they are aligned with the new ESG standards.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\"We believe it is good business to be good business. Despite the significant challenges we face in the world, we still have it in our hands to change the direction of the climate crisis. We want to be part of the solution, so we will continue to focus our future investments to ensure a cleaner, greener and more inclusive recovery.\"<\/div>\n\t\t\t\n\t\t\t\t\t\t
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Jevencio Maeztu<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
Deputy CEO of Ingka Group<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Positive for the climate\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The multinational company aims to achieve a 80% reduction in the climate footprint of stores and operations in absolute terms by 2030<\/strong>compared to a 2016 baseline, which aligns with a 2C\u00b0 target and points toward the 1.5C\u00b0 trajectory by the end of the century.<\/p>

It also states that reducing emissions by 15% of the value chain by 2030<\/strong> translates into a 70% reduction in climate footprint on average per product and, therefore, is working to decarbonize<\/strong> key materials, food ingredients and transportation, while setting more ambitious reduction targets for suppliers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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IKEA is striving to become \"climate positive\" by 2030, a goal the company has defined as meeting its contribution to the Paris Agreement through emissions reductions across the value chain that are aligned with climate science<\/div>\n\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The investment announcement was made during a virtual sustainability event that also featured speeches from the likes of Christiana Figueres, former Executive Secretary of the United Nations Framework Convention on Climate Change, who said:<\/p>

\"This highlights the role that business can play in addressing the challenges of climate change<\/strong>. We must direct investments toward green technologies and solutions that are clean. Businesses large and small have an important role to play and the opportunity to turn the challenges we face into solutions as we build back better.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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