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Fortune
Fortune
Eamon Barrett

IKEA's looks to reduce environment impact with circular economy

(Credit: Ingka Group)

Good morning. This is Eamon Barrett, filling in for Peter for the next six weeks while he’s out on parental leave. Perhaps appropriately as Peter adjusts to his new sleep schedule, we’re starting by looking at beds.

How can one of the world’s latest furniture retailers, churning out hundreds of millions of homeware pieces each year, reduce the impact of its business on the world? Well, there are a few options, including sourcing less-intensive wood crops or minimizing shipping distances. But at Ingka Group, the owner of the largest number of IKEA franchises, it’s their approach to the circular economy that most interests me.

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