JUST IN: (STOCKHOLM) #IKEA the world’s biggest furniture group, said on Wednesday it would spend aro und 100 million euros ($110 million) on supporting its direct suppliers in moving over to renewable energy @ ReutersBiz #AceFinanceDesk reports

JUST IN: “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.”

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: “It said the new investments would be part of its work towards IKEA becoming climate positive – to cut more greenhouse gas emissions than the IKEA value chain emits – by 2030.”

Reuter’s reports …….Published: Nov.27: https://t.co/vHrPoofjaP #AceFinanceNews

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