IKEA’s largest distributor, Ingka Investments, part of Ingka Group, is investing €1 billion (US$1.4 billion) through its initiative, Circular Investments, in companies transitioning to a circular economy. Circular Investments focuses on plastic, mattress, textile, wood and food waste.According to Ingka Investments, less than 20% of waste globally is recycled annually. The distributor aims to recycle more end-of-life products into secondary raw materials to help facilitate circularity.
