Ingka Holding B.V.

Ingka Group has set SBTi-validated targets to cut absolute GHG emissions 50% by FY30 from a FY16 baseline and reach net-zero by FY50 across scopes 1-3 without offsets, aligning with 1.5°C limits amid tightening EU CSRD mandates and sector net-zero benchmarks. Investments of $3.56 billion in renewable solar/wind assets, zero-emission logistics fleets, circular mattress/furniture recycling, forestry insetting, and supplier decarbonization—partnered with Copenhagen Infrastructure Partners, Volvo Trucks, FSC, and others—will deliver over 2.61 million mtCO2e annual reductions while scaling 100% renewables and circular sourcing. Carbon insetting through forestland acquisition and surplus renewable generation converts these efforts into revenue streams, yielding $1.505 billion in projected returns over 5-10 years, $120 million yearly efficiency savings, and $35 million in carbon credit sales alongside $800 million in green financing. These actions also strengthen reputational leadership via partnerships with the Ellen MacArthur Foundation and We Mean Business Coalition, mitigating regulatory and transition risks while decoupling growth from emissions.