IKEA

Today, we celebrate the completion of the Inter IKEA Group's acquisition of the IKEA retail business in the Baltics, which was previously owned by one of our franchisees. This acquisition marks the beginning of a new chapter in our vision to create a better life for the many. Not only will this bring us even closer to our co-workers and the many people in Estonia, Latvia, and Lithuania, but it also allows us to strengthen and develop the IKEA Concept further, become an even better franchisor to all franchisees, and deliver even greater value to our customers across the globe. Read more about it here: https://lnkd.in/dAD7gW6H

We're committed to a sustainable and more inclusive future through collaborations with innovative social enterprises worldwide. It has been a year of mutual learning, growing and making an impactful difference together. We are pleased to share the release of the sixth IKEA Social Entrepreneurship Annual Review. Tap to read about our key initiatives and highlights of the past financial year here: https://lnkd.in/d537AaZy

#COP29 is a crucial moment to speed up climate action, and we are here to join forces with other businesses to do our utmost to contribute to climate progress. We will share our best practices and challenges here and learn from others. We are committed to using science and taking concrete actions to cut greenhouse gas emissions, phase out fossil fuels across our value chain, and transition towards a circular business that drives progress for both people and nature. Learn more about our climate agenda here: https://lnkd.in/d3aYYuBc #ClimateAction #Sustainability

We’re in great company on the new Forbes World’s Best Employers 2024 list, ranking as the 8th best in the world. As the highest-ranked retail company, we’re proud that our efforts to be a great place to work, learn, and grow have created workplaces full of engaged co-workers. The result of extensive surveys with employees worldwide, this ranking shows they value the opportunities, experiences, and culture we offer. That’s the most important feedback we could receive. Our culture and values guide and set us apart, but being a great employer takes continuous effort. We aim always to adapt, innovate, and reconsider how we work to ensure we keep moving in the right direction. None of this would be possible without our co-workers who embody the IKEA values every day. Your dedication and hard work are the true reasons behind any success we achieve, and we couldn’t be prouder. Thank you! https://lnkd.in/gvhzhiB

We all depend on #nature. At #COP16 in Cali, Colombia, we will join others to support accelerating action on the Global Biodiversity Framework to halt and reverse nature loss by 2030.   IKEA is dependent on nature and biodiversity for the success of our business, now and in the future. Setting goals guided by Science-based Targets for Nature (SBTN), investing in reforesting degraded landscapes, and taking collective action to support ecosystem resilience are just some of the ways we are working to protect and improve biodiversity.   We don't have all the answers and can't achieve our goals alone. Therefore, we will continue to engage, learn, and act with others to increase awareness and action on nature and biodiversity.   Swipe to see where we're focusing our actions. Read more here: https://lnkd.in/d_6FqSHC #IKEA #Sustainability

Today, we release our sales figures for FY24, landing on EUR 45.1 billion. During the year, we have lowered our prices, continuing our journey to make IKEA even more affordable for the many people, in all 63 IKEA markets. Despite a struggling global economy and shrinking home furnishing market, our commitment to lowering prices has shown an upward trend in both store and online visitation, whilst our volumes have been stable. Read more about how we've focused our efforts to grow our business and how we've spent a year investing and building an IKEA for the future here: https://lnkd.in/dhxwV_87

At #ClimateWeek in New York, we are committed to using our voices to focus on the challenges and opportunities of tackling climate change that threatens our global home. By showcasing concrete actions, we aim to fulfil our commitments and responsibilities. These actions support our vision of creating a better everyday life for many people and underscore our dedication to being a responsible business. Swipe to see our commitments and read more on our climate agenda here: https://lnkd.in/dv2szMtT #IKEA #Sustainability

It's official! We're the GUINNESS WORLD RECORDS™ (in paid partnership) title holder for the largest gathering of people wearing two-piece pyjamas in the heart of IKEA - Älmhult, Sweden.   This celebration marks the first step of a year-long campaign focusing on improving a good night's rest. In the last few decades, we have been working on understanding how people sleep and how to improve sleep quality. Over the last few years, we have intensified our focus on this and innovated more sleep solutions to create a better every night for many, regardless of their lifestyle, living conditions, or wallet size.   Tap to read more about how we're kickstarting a year-long campaign to promote better sleep: https://lnkd.in/dKTvkw64

The MÄVINN collection is back with its second edition, honouring unique handcraft while providing jobs for those who need it the most. Since 2012, we have partnered with social enterprises to design and produce products that celebrate local craftsmanship while providing jobs and training for women and marginalised groups. We collaborated with five social businesses and artisans from Bangladesh, India, and Jordan for this collection. Each of the 17 handcrafted pieces tells a cultural heritage story while empowering the artisans who created it. MÄVINN will be available from September 2024 onwards. Read more about it and our social entrepreneurship efforts: https://lnkd.in/dhVFJ5_F

Play is essential for a child's development. 54% of parents would like more time to play with their children. In conjunction with the first-ever International Day of Play, we're launching our latest Play Report, which examines the role of play in children's well-being. Tap to learn more about our findings in the IKEA Play Report 2024 here: https://lnkd.in/dv3JxNNU