IKEA Aims For a Green Future
Need some solar panels for your house? No need to find a specialty shop, IKEA will have you covered. The Swedish home furnishings giant is working on sustainability initiatives that will help turn them into a more green retailer. They've started the IKEA GreenTech fund, and are investing $77 million dollars into clean technology start-ups within the next five years. Clean tech products developed by the start-ups such as solar panels, lighting and efficiency meters will be making their way onto IKEA's shelves in the near future. Plastic bags are also being phased out in all their stores by this fall. It's hoped that due to IKEA's size, these green efforts could reshape the furniture industry and create a ripple effect, making it much easier for consumers to access sustainable product options.