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Ikea moves closer towards circular economy

by Didi, May 12
1 minute read

IKEA has launched a new buy-back scheme whereby customers can return their old furniture in exchange for monetary vouchers. IKEA places items in areas called “circular hubs” around their stores for re-sale.

three clear glass jars with brown and white stones

So what?

Though the monetary vouchers may encourage a “buy new, dispose of the old” attitude, where the old is being disposed matters. A buy-back scheme like this diverts waste that would otherwise go to landfill. It also encourages sustainable habits – both by offering the option to return old furniture and making the old furniture available for purchase at a lower price. IKEA’s buy-back scheme is just one example of corporations moving away from just achieving internal green goals to also supporting wider sustainable habits. These kinds of initiatives ensure sustainability becomes a collective effort and makes it easier to attain.

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Details

  • Location: EuropeUnited Kingdom
  • Topic: Climate changeCircular economy
  • Other Tags: Circular Economy
by Didi Spotted 2 signals

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