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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
RetailIKEA

Ikea Sets Goal for Zero Emissions Delivery in 5 Cities by 2020

Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
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Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
Down Arrow Button Icon
September 16, 2018, 11:58 AM ET
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Ikea will aim to make home deliveries with zero emissions in five cities by 2020, the company announced this week.

Deliveries to customers in Amsterdam, Los Angeles, New York, Paris, and Shanghai will be done mostly by electric vehicle to meet zero emissions environmental goals.

“For us it’s crucial to grow our business in a sustainable way—that’s why we’re speeding up the transition to EV in five inner city areas,” Ikea Group CEO Jesper Brodin said in a statement. “By 2020 all our home deliveries in central Amsterdam, Los Angeles, New York, Paris and Shanghai will be by EV or other zero emission solutions.”

The Swedish furniture company joined the initiative by the Climate Group, EV100, in 2017, promising to meet this goal by 2020, provide access to electric vehicle charging stations at Ikea locations by 2020, make all home deliveries zero emission by 2025, and cut in half emissions from Ikea employees and customers by 2030.

Other companies that are part of that group include HP, Unilever, and PG&E.

Among EV100 members, Ikea is leading the way. The company pledged in June to remove all single-use plastic—like plastic straws and plates for Swedish meatballs—from its stores by 2020.

“By switching to EVs for home deliveries at this pace, IKEA is setting a strong example for clean transport in city centers, where zero emissions zones will one day become the norm,” Climate Group CEO Helen Clarkson said in a statement. “They are enabling their customers to play a key part in accelerating the roll out of electric vehicles overall.”

About the Author
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
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Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

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