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IKEA joins other global companies to only purchase zero emission fuels for ocean shipping by 2040

IKEA joins forces with several global companies by signing the 2040 ambition statement through the collaborative platform Cargo Owners for Zero Emission Vessels, facilitated by the Aspen Institute. The ambition statement makes it clear that global transport buyers want zero-carbon shipping, and rapidly accelerating decarbonizing efforts.

IKEA has approximately 2 million shipments per year and has both a responsibility and an opportunity to positively influence the climate agenda in the ocean transport industry. To develop, deploy and scale up solutions to decarbonize, close collaboration among stakeholders across the total value chain is crucial.

“We need to accelerate the transformation towards zero emission ocean shipping. By collaborating with like-minded companies, we can create strong movements”, says Elisabeth Munck af Rosenschöld Sustainability Manager Supply Chain Operations at Inter IKEA Group. “With this ambition statement, we want to demonstrate our determination to reach set targets and to instil confidence among all stakeholders on the direction of our common decarbonizing journey ahead.”

IKEA is committed to becoming climate positive by 2030 by reducing more greenhouse gas emissions than the value chain emits, while growing the IKEA business. Today, the transport of IKEA products from suppliers to warehouses and stores around the world accounts for approximately 5% of the total IKEA carbon footprint. The target is to reduce the average carbon footprint from every transport by 70% by 2030, compared to the baseline year 2017. The roadmap to reach the ambitious 2030 milestone, consists of three parts:

Reducing the climate footprint by making every shipment as efficient as possible.

Replacing fossil fuels with sustainable, alternative fuels.

Rethinking to integrating innovative technologies and fuels and new collaborations to accelerate decarbonizing solutions.

By signing the 2040 ambition statement through the collaborative platform Cargo Owners for Zero Emission Vessels, IKEA, together with the other signatories, are ready to do our part and purchase only zero emissions ocean transport services by 2040, call on policymakers around the world to take ambitious actions to advance the decarbonizing of the ocean industry and set more ambitious goals.

Read more about the IKEA view on decarbonizing transport

 

 

About Aspen Institute Shipping Decarbonization Initiative

The Aspen Institute Energy and Environment Program’s Shipping Decarbonization Initiative (SDI) is partnering with leading organizations and companies from around the world, tapping into a vast network to drive the transition to zero emission maritime shipping and decarbonize one of the most important sectors of the global economy. Aspen SDI is convening multinational freight buyers, elevating the need for shipping decarbonization within the U.S. policy context, and advancing the establishment of green transoceanic maritime transport corridors. Visit Aspen Institute.

 

About coZEV

Cargo Owner for Zero Emission Vessels (coZEV) is a platform for climate-leading, multinational companies to come together for high impact initiatives that accelerate the transition to zero emission maritime shipping. It is facilitated by the Aspen Institute. For more information, visit coZEV.org.

 

About IKEA

IKEA offers well-designed, functional and affordable, high-quality home furnishing, produced with care for people and the environment. There are several companies with different owners, working under the IKEA Brand, all sharing the same vision: to create a better everyday life for the many people. IKEA was founded in Sweden in 1943.
IKEA is one brand and many companies. Around the globe, a large number of companies operate under the IKEA trademarks.

 

About the IKEA franchise system

The IKEA retail business is operated through a franchise system with franchisees that are authorized to market and sell the IKEA product range within specified geographical territories. Inter IKEA Systems B.V. is the owner of the IKEA Concept and worldwide IKEA franchisor, who also assigns different IKEA companies to develop the product range, supply products and deliver communication solutions. Today, 12 different groups of companies have the right to own and operate IKEA sales channels under franchise agreements with Inter IKEA Systems B.V.

 

About Inter IKEA Group

Inter IKEA Group includes Inter IKEA Systems B.V., IKEA of Sweden AB, IKEA Supply AG and IKEA Industry AB related businesses. Inter IKEA Holding B.V. is the holding company for the Inter IKEA Group.