We are on a journey to build a better IKEA, driven by our vision to create a better everyday life for the many people. At Ingka Group we set targets, evaluate our performance and report according to our ambition to be better in four key ways: Better homes, Better lives, Better planet and Better company.
At the heart of IKEA there is a simple and beautiful vision: to create a better everyday life for the many people. For more than 80 years, we have been offering affordable home furnishing products supporting people with thin wallets but big dreams and needs for life at home.
We are proud at the progress that has been made in FY24 from investing EUR 2.1 billion to make thousands of IKEA products more affordable and bringing IKEA closer to more people through new locations and digital technology, to our progress on reducing our climate footprint and helping customers to live more sustainably.
We thank our co-workers for their great resilience and determination, pulling together as a team to make IKEA more affordable and accessible, with a positive impact on people and the planet.
Jesper Brodin, President and CEO, Ingka Group, Juvencio Maeztu, Deputy CEO and CFO, Ingka Group
We believe a better home can enable a better life. For generations, we have been on a mission to understand the needs, challenges and aspirations of the many, bringing inspiring and affordable home furnishings to people with big dreams – regardless of wallet size.
Our material topics
People are at the heart of everything we do. We want to take a leading role in creating a fairer and more equal society and to improve the lives of the millions of people that interact with, or are impacted by, our company.
Our material topics
We only have one planet, the home we all share. We are committed to playing our part in tackling global environmental challenges including climate change, biodiversity loss and water scarcity. And we have to act now.
Our material topics
We structure our business to ensure financial resilience and we reinvest profit to help us keep growing and improving. We run our business honestly and with integrity, meeting high ethical standards. Our governance is designed to ensure that Ingka Group remains a well-managed, successful, purpose-led company.
Our material topics
Put simply, we focus on the topics that are most significant and relevant for our business and our stakeholders. These topics are identified through our materiality assessment which considers two questions - could our business impact people or the planet in relation to the topic? Could the topic impact on the financial performance of our business? If the answer is yes to either question, we know it’s a material topic.
We group our material topics according to our four key movements: Better homes, Better lives, Better planet and Better company, and we report our progress on each topic.
We want to make sure that we focus our work and our reporting on the topics that matter most for our stakeholders, our business and the planet. Which of our material topics matter the most to you and how do you think we’re doing?