IKEA to invest 200 million euros in race to turn 'climate positive'

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IKEA to invest 200 million euros in race to turn 'climate positive'
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IKEA, the world's biggest furniture group, said on Wednesday it would spend...

FILE PHOTO: Customers walk by a placard reading"Act Now" as they leave the IKEA store in Kaarst near Duesseldorf, Germany, April 3, 2019. REUTERS/Wolfgang Rattay/File Photo

Brand owner Inter IKEA, which is in charge of supply, said it also planned to invest around 100 million euros in projects to remove carbon from the atmosphere through reforestation and forest protection. The target includes its around 1,000 direct suppliers. IKEA produces around 10% of its range itself and sources the rest from suppliers.

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