COP27: the largest annual gathering on climate action
At COP27, global leaders, as well as thousands of government representatives, businesses and citizens, will come together for 12 days of talks on the climate emergency. Taking place in Sharm el-Sheikh, Egypt, 6-18 November 2022, this is the UN’s 27th annual climate conference. COP27 is an important moment in time, bringing together all actors in society around the urgent need to limit climate change to 1.5°C.
What needs to happen at COP27?
COP27 provides an opportunity to accelerate global efforts by focusing on the implementation of climate actions. Countries worldwide need to update their national climate targets once again to ensure that the goal of 1.5°C remains within reach. It’s a stepping stone to COP28 in Dubai in 2023, where the Global Stocktake will take place, showing global progress towards the 1.5°C target based on actual emissions reductions. Focus areas for COP27 will be transparency and reporting (parties and non-parties), climate finance and adaptation.
Supporting COP27 by showing strong action
We have a responsibility to show the tangible actions we are taking here and now to tackle climate change and reduce the IKEA climate footprint. In the run-up to COP27 and at the event, we will be present with representatives from across the business, presenting key announcements and strategic collaborations.
We contribute to COP27 in many ways, engaging in topics such as:
- How businesses can do their utmost to limit climate change to 1.5°C by halving emissions by 2030 and achieving net-zero latest in 2050
- The role of biodiversity and responsible forest management in both limiting and adapting to climate change, including the importance of stopping deforestation and progress on the Glasgow Leader’s Declaration on Forests and Land Use that was agreed upon at COP26
- Leader’s Declaration on Forests and Land Use that was agreed upon at COP26
- How IKEA is enabling healthier and more sustainable living through plant-based food and by becoming a circular business
- The impact climate change has on people and inequality, among others, in connection to climate adaptation and just transition
- How we can take joint action to tackle climate change and limit air pollution for the benefit of human health
Committed to becoming circular and climate positive by 2030
The IKEA vision is to create a better everyday life for the many people. In today’s world, this means transforming our business and value chain to drastically reduce our greenhouse gas emissions. We’ve set ambitious goals to guide us on this journey. This includes our commitments to reaching net-zero emissions by 2050 at the latest.
In our Sustainability Report FY21 and Climate Report, we announced to have reached one-third of our emission reduction with two-thirds of the time left to 2030. The journey continues with some key movements:
- Our climate commitment includes drastically reducing greenhouse gas emissions from our value chain in absolute terms and removing and storing carbon through natural processes. We will not rely on carbon offsets. Learn more about our climate footprint.
- We are committed to transforming into a circular business by 2030, using only renewable and recycled materials.
- Our ambition for 2030 is to inspire and enable more than 1 billion people to live a better everyday life within the boundaries of the planet.
- As large users of wood, we have a responsibility and an opportunity to positively influence how wood is sourced. In FY21, 99.5% of the wood used for IKEA products was either Forest Stewardship Council® certified (FSC®) or recycled. Read more about the IKEA 2030 Forest Positive Agenda to enhance biodiversity, support livelihoods and mitigate climate change.
- We take extended responsibility for reducing emissions from the IKEA value chain. For example, as a big transport buyer with more than 2 million shipments per year, IKEA has recently committed to EV 100+ to transition to zero-emission electric trucks by 2040.
The total IKEA climate positive agenda
Learn more about how we are becoming climate positive by 2030
- Climate positiveClimate positive
- Healthy and sustainable livingHealthy and sustainable living