More and more major businesses are managing to power their UK operations with renewable energy,Â at an increasing rate.
The SwedishÂ furniture chain, Ikea, has pledged to commit itself to be a net exporter of renewable energy byÂ 2020.
In the newest bid by the company to increase the sustainability of its operations, Ikea has beenÂ pushing to increase its investment into renewable energy, as well as bringing in more energyÂ efficiency measures and cutting supply change emissions.
In addition to taking responsibility for itsÂ own impact on the environment, the retailer hasÂ beenÂ working with itsÂ suppliers to help them monitor their own sustainability, and is the driving forceÂ behind RE100, a campaign dedicated to helping businesses begin using 100% renewable energy.
Ikea currently operates 314 wind turbines and has installed 700,000 solar panels on itsÂ various premises, and isÂ urging more action from businesses and investors to follow in itsÂ footsteps.
The company isÂ part of a coalition named We Mean Business, which is comprised of severalÂ businesses, investors and policymakers who are aiming to secure sustainable economic growth byÂ way of increasing the onus on business to create positive changes in their operations.
We Mean Business believes that all businesses only help themselves by combating climate changeÂ directly, and that companies should act sooner rather than later when it comes to transitioning toÂ the so-called low carbon evolution.
The coalition purports that not only do business make money from renewing their business methodsÂ to make them more environmentally friendly, but by ignoring the effects of climate change, theseÂ businesses could suffer and lose money and resources.
For example, the food industry leader, Kellogg Company, depends onÂ the agriculture supply chain, which is seeing an increasing threat level due to the adverse weatherÂ conditions that canÂ result from climate change.
Earlier this month, Mars Incorporated started producing enough renewable electricity to power allÂ of its UK operations, thanksÂ to a new 20 turbine wind farm in Scotland.
Barry Parkin, Marsâ€™ Chief Sustainability Officer said, â€œThe Moy Wind Farm is part of our innovativeÂ and long term approach to achieving our goal to be a successful and sustainable business forÂ generations to come.â€
Emily Farnworth, campaign director of RE100, has congratulated the business on slashing itsÂ greenhouse gas emissions, but says itâ€™s important for the company to help its suppliers do the same.