We are investing in renewable energy to support the transition towards a renewable energy future. The investments are supporting a reduction of the IKEA climate footprint and a broader transition to a net-zero society. Using renewable energy across IKEA operations and value chain is a significant part of delivering on our science-based targets and commitment to the Paris Agreement.
We develop, construct, acquire and operate wind and solar farms and sell renewable energy to reduce the climate footprint of Ingka Group and the IKEA value chain. We further support the transition through investments in early-stage projects in offshore wind, battery storage and Power-to-X.
We focus on utility-scale wind and solar projects to increase the production of renewable energy, and invest in technologies designed to support the energy transition, from storage solutions to charging stations.
Shifting our energy consumption from fossil fuels to renewables is a huge and complicated challenge, and we are investing in technological solutions to help us bridge this gap.
Our ultimate ambition is to build integrated utility capabilities so that we can produce renewable energy and sell it throughout our whole value chain to run more sustainably.
