Ingka Investments, the investment arm of Ingka Group (the largest IKEA retailer), has announced a groundbreaking €1 billion investment in companies focused on enhancing recycling infrastructure. This initiative is part of Ingka’s commitment to transition towards a circular economy and reduce the global environmental impact of waste.

The company aims to increase the availability of recycled materials in the market, thereby helping to reduce millions of tonnes of CO2 emissions. This move aligns with IKEA’s broader sustainability goals, including designing all products with circular capabilities and using 100% recycled or recyclable materials.

Since the launch of its Circular Investments program in 2017, Ingka has supported innovative recycling technologies across various industries, including mattresses, plastics, textiles, and food packaging.

Peter van der Poel, Managing Director at Ingka Investments, highlighted the strategic importance of this €1 billion investment in advancing recycling infrastructure, a key element of IKEA’s broader sustainability efforts.

Source: IKEA