23 | IKEA Retail Business Our Year Sustainable Everyday Business IKEA wants to create a movement by inspiring and enabling millions of people – our customers, co-workers, suppliers and even other companies – to make more sustainable everyday choices. Together, we can make a positive impact on the planet. It begins with us. During the last financial year, IKEA companies committed to shared sustainability goals that are transforming the way we design products, source materials and work throughout our entire value chain. Our ambition is to make home furnishings that can be repurposed, repaired, reused, resold and recycled, generating as little waste as possible. By 2020: all single-use plastic products will be phased out of IKEA stores worldwide. That includes Green Building Design plastic straws, plates, freezer bags, garbage bags, and more. In Southeast Asia, our restaurants took We construct stores and centres to the highest global sustainability standards, the first step by eliminating disposable straws and cups from our own operations. fitting out our buildings with solar PV panels, LED lighting, high-efficiency fans and rainwater harvesting systems. Last year, our IKEA Cheras store in Kuala By 2030: all IKEA products will be made from renewable or recycled materials. Lumpur became the first IKEA in the world to receive a gold rating from the U.S. Green Building Council in Leadership in Energy and Environmental Design, for new construction projects inclusive of a full interior fit-out. These investments are not just good for the planet and people, they improve efficiencies and reduce our operating costs in the long run. Sustainability is good business! Recycling Waste Our IKEA stores recycle about 73% of the waste produced by our operations, an “exemplary” effort that earned our IKEA Alexandra store an award from Singapore’s National Environment Agency. IKEA Tampines became the first commercial restaurant in the country to recycle tetra packs and sent out more than 18,000 kilograms of used coffee grounds to be turned into soil conditioners for local farms. Solar Cooling IKEA Southeast Asia is constantly looking for ways to conserve energy. As part of our drive to reduce our demand on the grid, we have IKEA Food is developing healthier and more sustainable menu choices for customers, too. Last year we introduced yoghurt ice cream to our Swedish Bistros. Next, get ready for a vegetarian hot dog made with kale, red lentils and carrots! installed more than 24,000 solar PV panels on the rooftops of our stores and centres. Last year we added something new: solar cooling for our IKEA Alexandra store in Singapore. This system converts thermal heat into chilled water for our air conditioners in the store, trimming about $9,000 a month from the store’s electrical bill and reducing overall energy consumption by 24%. | 24