IKEA Group Buys 11,000 Acres of Forest in Georgia to Keep It From Being Developed

IKEA Group has always been environmentally conscious and their latest move of purchasing of 11,000 acres of forest in Georgia that looked like it would be lost to development, shows their continued commitment. The purchase was made to ensure it remains intact and working to suck up CO2 from the atmosphere, the forest was bought by IKEA as part of a strategy to reduce more carbon than it creates through its value chain.

The working forest in the Altamaha Basin is now owned by the IKEA subsidiary, Ingka Group, which has worked with The Conservation Fund, a non-profit that has protected over 8-million acres of forests in the U.S. from fragmentation and development. A working forest is one in which lumber is harvested and regrown—and it’s these forests which often suffer from being broken up into smaller segments and developed, something the Conservation Fund and Inka are ensuring will not happen by creating permanent easements that legally prevent the forest from ever being split up into smaller pieces.

Ingka Group currently owns 616,000 acres of such forests in the U.S. and Europe, while privately choosing to ensure the highest international standards for good forest management. A spokesperson added that “no significant amount” of wood from the forests is currently used in Ikea products.

“Well-managed forests provide essential benefits, including clean water and important wildlife habitat, as well as mitigating climate change. The transfer of these lands to Ingka Investments completes our Working Forest Fund process, through which we identify and buy important, at-risk private forests; develop sustainable harvest and restoration plans; and secure permanent conservation protections to block fragmentation and development,” said Larry Selzer, President and CEO of The Conservation Fund.

Forest stewardship is just one way that the world’s largest furniture outlet is trying to become a carbon-neutral company. They recently announced they would begin buying used IKEA furniture from customers for resale, while electric vans and less carbon-emitting materials are used in both packaging and product. They are also committed to the goal to only use renewable and recycled materials in their products by 2030 and reducing the total IKEA climate footprint by an average of 70% per product, by 2030.

IKEA’s Sustainability Strategy outlines their belief that climate change is no longer a distant threat, but a visible reality and one of the biggest challenges that humanity faces. The IKEA People & Planet Positive strategy describes the sustainability agenda and ambition for everyone in the IKEA franchise system. They say the purpose of the strategy is to inspire, activate and lead others in decision-making and goal setting so that together we can achieve the positive changes we want to see in the world.