SUSTAINABILITY ACCOUNTING

“Sustainability Report - IKEA”

Juniati Gunawan, M.Ak., Ph.D.

Disusun Oleh:

Aurora Azzahra (023001801154)

JURUSAN AKUNTANSI

FAKULTAS EKONOMI DAN BISNIS

UNIVERSITAS TRISAKTI

JAKARTA

2020
INTERESTING FINDINGS IN IKEA’S SUSTAINABILITY REPORT

 Special actions taken to support people and communities during the COVID-19 pandemic

The COVID-19 pandemic is a people crisis – with devastating impacts on people’s health and
wellbeing. And with the loss of income and livelihoods, the crisis hit the most vulnerable in society the
hardest, increasing inequality and insecurity. The repercussions are felt in different ways everywhere.
During this difficult time, our first priority has been to protect and support the health and livelihoods of
co-workers, customers, business partners, and the communities where we operate

Many IKEA businesses have, in coordination with local authorities and stakeholders, taken action to
donate IKEA products, produce materials for healthcare workers or make their spaces available for relief
and health efforts. Advice and guidelines were issued for local markets to provide emergency support to
local communities, using a decentralised approach to secure speed and appropriate responses.

In total, more than 1.7 million products, such as face masks, gloves, beds, bedding, food and toys,
were donated to hospitals, medical centres and shelters. Securing the employment for as many co-workers
as possible, for as long as possible, has also been a main priority, both in retail and other parts of the
IKEA business. Additional leave for co-workers who were at home with children, and more flexible work
arrangements, were provided whenever possible

IKEA’S MATERIALS TOPICS IN SUSTAINABILITY REPORT

 The overall IKEA ambition is to become people and planet positive, and to inspire and enable
the many people to live a better everyday life within the boundaries of the planet by 2030. The
IKEA People & Planet Positive strategy describes the sustainability agenda and ambition for
everyone in the IKEA value chain. It gives us a roadmap to follow, and outlines a strong,
common long-term agenda. Each company, working under the IKEA Brand, sets its own
strategic goals to contribute to the common ambitions and commitments. The People & Planet
Positive Strategy is structured based on material topics. These are considered the most
important sustainability issues in terms of the ability of the IKEA business to have an impact.
 IKEA has a big opportunity, and responsibility, to lead the way by making healthy and
sustainable living affordable, desirable and accessible for the many people. People's interest in
healthy and sustainable living has steadily increased over time, further accelerating during the
COVID-19 pandemic. A global consumer study1 on healthy and sustainable living, completed
during FY20, shows that people have a strong desire to nbecome healthier and more sustainable,
but that more affordable solutions are needed to help make this a reality.

 Creating a movement in society around better everyday living. People around the world are
becoming more concerned about their health and the health of the planet. The desire to live
healthy and sustainable lives is particularly high among younger people. Establishing and
supporting communities on topics of importance for a healthy and sustainable life at home: We
will engage co-workers, customers, partners and citizens to live healthier, more sustainable lives.
We will share knowledge and enable healthier, more sustainable habits.

 Circular & climate positive. Our ambition for 2030 is to transform into a circular and climate-
positive business. We will decouple material use from our growth and reduce more greenhouse
gas emissions than the IKEA value chain emits, to contribute to limiting the global temperature
increase to 1.5°C by the end of the century. Climate change, and the increasing global use of
natural resources, is already impacting the IKEA business, and more importantly, the lives of
people and wildlife.