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Ikea and Mars: when it comes to renewable energy, We Mean Business

By 27th May 2016 News No Comments
Ikea and others is part of We Mean Business, and is encouraging companies to embrace the low carbon economy - more at www.remsol.co.uk

More and more major businesses are managing to power their UK operations with renewable energy, at an increasing rate.

The Swedish furniture chain, Ikea, has pledged to commit itself to be a net exporter of renewable energy by 2020.

In the newest bid by the company to increase the sustainability of its operations, Ikea has been pushing to increase its investment into renewable energy, as well as bringing in more energy efficiency measures and cutting supply change emissions.

In addition to taking responsibility for its own impact on the environment, the retailer has been working with its suppliers to help them monitor their own sustainability, and is the driving force 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 its various premises, and is urging more action from businesses and investors to follow in its footsteps.

The company is part of a coalition named We Mean Business, which is comprised of several businesses, investors and policymakers who are aiming to secure sustainable economic growth by 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 change directly, and that companies should act sooner rather than later when it comes to transitioning to the so-called low carbon evolution.

The coalition purports that not only do business make money from renewing their business methods to make them more environmentally friendly, but by ignoring the effects of climate change, these businesses could suffer and lose money and resources.

For example, the food industry leader, Kellogg Company, depends on the agriculture supply chain, which is seeing an increasing threat level due to the adverse weather conditions that can result from climate change.

Earlier this month, Mars Incorporated started producing enough renewable electricity to power all of its UK operations, thanks to a new 20 turbine wind farm in Scotland.

Barry Parkin, Mars’ Chief Sustainability Officer said, “The Moy Wind Farm is part of our innovative and long term approach to achieving our goal to be a successful and sustainable business for generations to come.”

Emily Farnworth, campaign director of RE100, has congratulated the business on slashing its greenhouse gas emissions, but says it’s important for the company to help its suppliers do the same.

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