IKEA continues to strive to stay true to its principles: protect the environment and strive to become a carbon neutral company, while remaining one of the most enjoyable shopping experiences in the world.
His latest move is a large purchase of 11,000 acres of forest in Georgia that looked like it would be lost due to development.
To ensure that it remains intact and working to absorb CO2 from the atmosphere, the forest was bought by IKEA as part of a strategy to reduce more carbon than it creates through its value chain.
Home to the valued gopher tortoise, the working forest in the Altamaha Basin is now owned by IKEA subsidiary Ingka Group, which has worked with The Conservation Fund, a non-profit organization that has protected more than 8 million acres of forest in the US from fragmentation and development.
A functioning forest is one in which wood is harvested and re-cultivated, and it is these forests that often suffer as they divide into smaller segments and develop somewhat the Conservation Fund and the Inka they ensure that it will not happen by creating permanent easements that legally prevent the forest from being divided into smaller pieces.
And these actions, in turn, will protect the squirrel turtle, a priority species for conservation.
Ingka Group currently owns 616,000 acres of such forests in the US and Europe, while privately choosing to ensure the highest international standards for good forest management. A spokesperson added that “no significant amount” of wood from the forests is currently used in Ikea products.
“Well-managed forests provide essential benefits, including clean water and important wildlife habitat, as well as mitigating climate change,” said Larry Selzer, president and CEO of The Conservation Fund.
“The transfer of these lands to Ingka Investments completes our Forest work fund process, through which we identify and purchase important private forests at risk; develop sustainable collection and restoration plans; (and) ensure permanent conservation protections to block fragmentation and development, ”he noted.
Forest management is just one of the ways the world’s largest furniture store is trying to become a carbon neutral company. They recently announced that they would start buy used IKEA furniture from customers for resale, while electric vans and lower carbon emitting materials are used in both packaging and product.
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