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Azeem Azhar's Exponential View

IKEA: Making a $40 Billion Company Climate Positive

Azeem Azhar's Exponential View

EPIIPLUS 1 Ltd / Azeem Azhar

Robots, Tech News, Ai, It, Business, Future, News, Economy, Review, Gpt, Exponential View, Intelligence, Azeem Azhar, Society, Government, Artificial Intelligence, Science, Economics, Investing, Exponential, Openai, Work, Automation, Technology

4.91.1K Ratings

🗓️ 9 December 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

Jesper Brodin, CEO of Ingka Group, joins Azeem Azhar to explore IKEA’s goal to be a net reducer of carbon emissions by 2030 – while still growing its business.

Transcript

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0:00.0

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0:15.0

H.B.R. presents. Hi there I'm Azimazar and you're listening to the Exponential View podcast.

0:35.0

Now every week I'm in deep conversation with a brilliant mind exploring the near future

0:40.0

and today we're talking about the challenge of our age.

0:43.0

How do we tackle climate change and get to net zero emissions?

0:46.0

My guest leads a global organization with which you will be very familiar.

0:51.0

Now if you like these conversations please take a

0:54.3

couple of seconds to rate us giving us a five-star rating. It really is the very

0:58.7

best way that you can help us reach new audiences. Many dozens of you have been doing this over the past few weeks and we are noticing. Thank you very much.

1:10.0

Now, my guest today is Yesper Broden and the CEO of the Inca Group.

1:14.0

Now you may not have heard of the Inca Group, it's just a company but you will have heard of the business it runs.

1:20.0

Ikea, the world's largest home furnishing business, and Inca runs 400 stores and 45 shopping

1:26.8

centres in more than 30 countries.

1:29.7

Now IKEA recently committed to a bold target, that is it would become climate positive by 2030.

1:37.2

That's a step beyond being carbon neutral.

1:39.5

The firm aims to reduce greenhouse gas emissions more than they admit across their entire supply chain.

1:46.2

Now for a company which produced around 25 million tons of CO2 in 2019, accounting for nearly 0.1% of the world's total greenhouse gas emissions and to use activities

1:57.0

span continents, that's quite a complex challenge. How are they going to do it and what can other big companies learn?

2:05.0

During our discussion,

2:07.0

Yesper and I use a few specialist terms and I want to highlight them for you now.

...

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