Our new €300 million commitment to fight climate change

The IKEA Foundation has announced plans to spend another €300 million on climate-related programmes between 2020 and 2023 and calls on others to follow our lead.

This funding is on top of the €400 million we pledged to spend on climate programmes between 2015 and 2020, and it builds on our commitment to make fighting climate change one of our core focuses.

The new funding will be spent on programmes that cut carbon emissions and that help communities adapt to a changing climate and get access to renewable energy.

Per Heggenes, IKEA Foundation CEO, said: “This new funding brings our total climate-related commitment to €700 million between 2015 and 2023, showing our determination to protect our planet while creating a better everyday life for families in vulnerable communities.”

Global action

The announcement was part of a $4 billion USD global commitment from 29 philanthropies at the Global Climate Action Summit (GCAS) in San Francisco. It comes ahead of Climate Week NYC (24–30 September), which takes place every year in New York during the UN General Assembly.

The new funding will build on our previous climate action work with partners including We Mean Business, Purpose Climate Labs and SHINE.

This year we have also given new grants to European Climate Foundation and the Climate Action Network (CAN).

We’re now calling on other philanthropic and business leaders to deepen their commitment to achieving the Paris Climate Agreement targets.

Partner

Social

Stay up-to-date and follow us for news and info about exciting grants

  • “We are just at the beginning. A glorious future!” - Ingvar Kamprad

Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, we’ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change 🌍

Do you want to see what €2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio 🔗

#ClimateChange #ClimateAction #Livelihoods
  • Positive News Tuesday! There is rapid growth in the global movement to mobilise boards to address #ClimateChange 🌍♻️

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 🔗

#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.

What’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 🌍

Read more about this exciting news by following the link in our bio 🔗 #CorporateClimateAction
  • ⏰ Every second counts when trying to transform our broken food system. 

Insights from our partner FSEC’s new Global Policy Report highlight the urgent need to transform food systems and the enormous benefits of doing so for #PeopleAndPlanet. 🌍

The #HiddenFoodCosts continue to accumulate — within the 10 seconds you spent reading this post, another $4,684,155 was incurred… 💸 

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 🔗

#FixFoodEconomics
“We are just at the beginning. A glorious future!” - Ingvar Kamprad

Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, we’ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change 🌍

Do you want to see what €2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio 🔗

#ClimateChange #ClimateAction #Livelihoods
“We are just at the beginning. A glorious future!” - Ingvar Kamprad

Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, we’ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change 🌍

Do you want to see what €2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio 🔗

#ClimateChange #ClimateAction #Livelihoods
“We are just at the beginning. A glorious future!” - Ingvar Kamprad

Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, we’ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change 🌍

Do you want to see what €2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio 🔗

#ClimateChange #ClimateAction #Livelihoods
“We are just at the beginning. A glorious future!” - Ingvar Kamprad Thanks to the incredible work of IKEA co-workers and our 248 partners on the ground, we’ve been able to take meaningful steps towards tackling the two biggest threats to humanity: poverty and climate change 🌍 Do you want to see what €2 billion worth of impact looks like for #PeopleAndPlanet? Follow the link in our bio 🔗 #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 🌍♻️

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 🔗

#ClimateSolutions #PeopleAndPlanet @worldeconomicforum
Positive News Tuesday! There is rapid growth in the global movement to mobilise boards to address #ClimateChange 🌍♻️ 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 🔗 #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.

What’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 🌍

Read more about this exciting news by following the link in our bio 🔗 #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. What’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 🌍 Read more about this exciting news by following the link in our bio 🔗 #CorporateClimateAction
4 weeks ago
View on Instagram |
3/4
⏰ Every second counts when trying to transform our broken food system. 

Insights from our partner FSEC’s new Global Policy Report highlight the urgent need to transform food systems and the enormous benefits of doing so for #PeopleAndPlanet. 🌍

The #HiddenFoodCosts continue to accumulate — within the 10 seconds you spent reading this post, another $4,684,155 was incurred… 💸 

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 🔗

#FixFoodEconomics
⏰ Every second counts when trying to transform our broken food system. Insights from our partner FSEC’s new Global Policy Report highlight the urgent need to transform food systems and the enormous benefits of doing so for #PeopleAndPlanet. 🌍 The #HiddenFoodCosts continue to accumulate — within the 10 seconds you spent reading this post, another $4,684,155 was incurred… 💸 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 🔗 #FixFoodEconomics
4 weeks ago
View on Instagram |
4/4