Greenwashing or genuine accountability?

Environmental, social and cultural issues are shaping the corporate world more than ever. Consumers are demanding that companies change the way they do business to become more sustainable and transparent. Companies that ignore the sustainability agenda do so at their peril.

The good news is that many businesses are claiming responsibility for the impact of their actions on society and the planet. One way they’re doing this is by aligning their business models with the UN’s Sustainable Development Goals.  

But how sustainable are the world’s leading companies? Are they really contributing to the Sustainable Development Goals? Or is it just greenwashing?

Benchmarks hold companies to account

The problem is that a lack of accessible data makes it difficult for governments, investors and consumers to get a clear vision of how companies are doing in this area.

To tackle this, the IKEA Foundation is partnering with the World Benchmarking Alliance (WBA). WBA’s benchmarks help everyone understand which companies are taking the lead and which are falling short in their sustainability performance.

Being transparent and making the data publicly available gives companies an incentive to improve. It provides a trusted tool to measure corporate sustainability.

This will help companies to contribute to a just and sustainable future, in which children and their families can afford a better everyday life on a liveable planet.

World Benchmarking Alliance

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  • โ€œWe are just at the beginning. A glorious future!โ€ - Ingvar Kamprad

Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, weโ€™ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change ๐ŸŒ

Do you want to see what โ‚ฌ2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio ๐Ÿ”—

#ClimateChange #ClimateAction #Livelihoods
  • Positive News Tuesday! There is rapid growth in the global movement to mobilise boards to address #ClimateChange ๐ŸŒโ™ป๏ธ

This is stated in the first-ever Annual Report of our partner @hugheshallcam, who worked on the Climate Governance Initiative.

With a strong focus on impact, the initiative educates and equips corporate non-executive board members with the tools to address climate change in their businesses, and beyond. 

The Climate Governance Initiative is a global network dedicated to mobilising boards to accelerate the transition to net-zero and build climate resilience, and is now reaching 100,000+ business leaders worldwide. 

Read the Annual Report via the link in our bio ๐Ÿ”—

#ClimateSolutions #PeopleAndPlanet @worldeconomicforum
  • The Science Based Targets Initiative (SBTi), a longstanding partner of the IKEA Foundation, has contributed to a growing demand for corporate decarbonisation.

In 2023 alone, the SBTi doubled its corporate validations. 4,204 companies have been validated so far for their ambitious emission reduction targets.

Whatโ€™s more, the SBTi has now been granted charitable status, taking its place as an independent entity and using our $18m funding pledge to drive ambitious corporate #ClimateAction ๐ŸŒ

Read more about this exciting news by following the link in our bio ๐Ÿ”— #CorporateClimateAction
  • โฐ Every second counts when trying to transform our broken food system. 

Insights from our partner FSECโ€™s new Global Policy Report highlight the urgent need to transform food systems and the enormous benefits of doing so for #PeopleAndPlanet. ๐ŸŒ

The #HiddenFoodCosts continue to accumulate โ€” within the 10 seconds you spent reading this post, another $4,684,155 was incurredโ€ฆ ๐Ÿ’ธ 

We need to act now to transition to food systems that are good for people and the planet. 

Learn more about #FoodSystemsTransformation and the hidden food costs by following the link in our bio ๐Ÿ”—

#FixFoodEconomics
โ€œWe are just at the beginning. A glorious future!โ€ - Ingvar Kamprad

Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, weโ€™ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change ๐ŸŒ

Do you want to see what โ‚ฌ2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio ๐Ÿ”—

#ClimateChange #ClimateAction #Livelihoods
โ€œWe are just at the beginning. A glorious future!โ€ - Ingvar Kamprad

Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, weโ€™ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change ๐ŸŒ

Do you want to see what โ‚ฌ2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio ๐Ÿ”—

#ClimateChange #ClimateAction #Livelihoods
โ€œWe are just at the beginning. A glorious future!โ€ - Ingvar Kamprad

Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, weโ€™ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change ๐ŸŒ

Do you want to see what โ‚ฌ2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio ๐Ÿ”—

#ClimateChange #ClimateAction #Livelihoods
โ€œWe are just at the beginning. A glorious future!โ€ - Ingvar Kamprad Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, weโ€™ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change ๐ŸŒ Do you want to see what โ‚ฌ2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio ๐Ÿ”— #ClimateChange #ClimateAction #Livelihoods
1 week ago
View on Instagram |
1/4
Positive News Tuesday! There is rapid growth in the global movement to mobilise boards to address #ClimateChange ๐ŸŒโ™ป๏ธ

This is stated in the first-ever Annual Report of our partner @hugheshallcam, who worked on the Climate Governance Initiative.

With a strong focus on impact, the initiative educates and equips corporate non-executive board members with the tools to address climate change in their businesses, and beyond. 

The Climate Governance Initiative is a global network dedicated to mobilising boards to accelerate the transition to net-zero and build climate resilience, and is now reaching 100,000+ business leaders worldwide. 

Read the Annual Report via the link in our bio ๐Ÿ”—

#ClimateSolutions #PeopleAndPlanet @worldeconomicforum
Positive News Tuesday! There is rapid growth in the global movement to mobilise boards to address #ClimateChange ๐ŸŒโ™ป๏ธ This is stated in the first-ever Annual Report of our partner @hugheshallcam, who worked on the Climate Governance Initiative. With a strong focus on impact, the initiative educates and equips corporate non-executive board members with the tools to address climate change in their businesses, and beyond. The Climate Governance Initiative is a global network dedicated to mobilising boards to accelerate the transition to net-zero and build climate resilience, and is now reaching 100,000+ business leaders worldwide. Read the Annual Report via the link in our bio ๐Ÿ”— #ClimateSolutions #PeopleAndPlanet @worldeconomicforum
3 weeks ago
View on Instagram |
2/4
The Science Based Targets Initiative (SBTi), a longstanding partner of the IKEA Foundation, has contributed to a growing demand for corporate decarbonisation.

In 2023 alone, the SBTi doubled its corporate validations. 4,204 companies have been validated so far for their ambitious emission reduction targets.

Whatโ€™s more, the SBTi has now been granted charitable status, taking its place as an independent entity and using our $18m funding pledge to drive ambitious corporate #ClimateAction ๐ŸŒ

Read more about this exciting news by following the link in our bio ๐Ÿ”— #CorporateClimateAction
The Science Based Targets Initiative (SBTi), a longstanding partner of the IKEA Foundation, has contributed to a growing demand for corporate decarbonisation. In 2023 alone, the SBTi doubled its corporate validations. 4,204 companies have been validated so far for their ambitious emission reduction targets. Whatโ€™s more, the SBTi has now been granted charitable status, taking its place as an independent entity and using our $18m funding pledge to drive ambitious corporate #ClimateAction ๐ŸŒ Read more about this exciting news by following the link in our bio ๐Ÿ”— #CorporateClimateAction
4 weeks ago
View on Instagram |
3/4
โฐ Every second counts when trying to transform our broken food system. 

Insights from our partner FSECโ€™s new Global Policy Report highlight the urgent need to transform food systems and the enormous benefits of doing so for #PeopleAndPlanet. ๐ŸŒ

The #HiddenFoodCosts continue to accumulate โ€” within the 10 seconds you spent reading this post, another $4,684,155 was incurredโ€ฆ ๐Ÿ’ธ 

We need to act now to transition to food systems that are good for people and the planet. 

Learn more about #FoodSystemsTransformation and the hidden food costs by following the link in our bio ๐Ÿ”—

#FixFoodEconomics
โฐ Every second counts when trying to transform our broken food system. Insights from our partner FSECโ€™s new Global Policy Report highlight the urgent need to transform food systems and the enormous benefits of doing so for #PeopleAndPlanet. ๐ŸŒ The #HiddenFoodCosts continue to accumulate โ€” within the 10 seconds you spent reading this post, another $4,684,155 was incurredโ€ฆ ๐Ÿ’ธ We need to act now to transition to food systems that are good for people and the planet. Learn more about #FoodSystemsTransformation and the hidden food costs by following the link in our bio ๐Ÿ”— #FixFoodEconomics
4 weeks ago
View on Instagram |
4/4