Sustainability
Company background Ikea is a home furnishing company founded in Sweden in 1943 by Ingvar Kamprad. He used his initial and the village he grew up, Elmtaryd, Agunnaryd to name the company. Its mission is to "offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them." Ikea's vision also goes beyond home furnishing. The company sell ready-to-assemble furniture, kitchen appliances, home accessories, and Sweden food; meanwhile, they focus on sustainability. There was total of 458 IKEA stores worldwide. In the financial year of 2021, the global revenue generated by IKEA amounted to roughly 42 billion. Besides, Ikea allocated many resources to their sustainability to respond to unsustainable consumption, climate change, and growing inequality. For example, responsible sourcing, using renewable and recycled materials, etc. The company hopes to inspire people to make positive lifestyle chan...