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Ike1 Task 3

Decent Essays

By planning to open 200 more stores in the near future, IKEA Group will strain their current sustainability practices and wood sourcing standards. According to IKEA Group’s Chief Sustainability Officer, “Worldwide economic activity, if left unchecked, is already on track to consuming 150% of planet earth’s resources” (Rangan, 2017, pg.1) The amount of lumber IKEA will need to procure is rising, but the amount available that fits their standards isn’t rising at the same rate. IKEA’s push to double sales and open the 200 stores will need to be met by a push to create or procure lumber that fit their standard. The options before IKEA are the following: to drive higher procurement targets and standards, to use more recycled wood, to own more forests,

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