Currencies

Inter IKEA Group Announces Forest Investment as Part of 100M Euro Commitment to Climate Action


As part of the previously announced Inter IKEA Group investment of €100 million for removing and storing carbon, IKEA is now launching a pioneering project together with BTG Pactual in Brazil to protect, restore, and responsibly manage degraded and low-productive land in one of the world’s most endangered ecosystems.

SÃO PAULO, November 06, 2025–(BUSINESS WIRE)–With forests among the most effective tools for removing CO₂ from the atmosphere, this project will focus on conserving, restoring and reforesting a total portfolio of approximately 4,000 hectares of deforested or low-productive pastureland in the states of Paraná and Santa Catarina within the Atlantic Forest biome. This initiative will enable IKEA to test a scalable model, with the aim of expanding future investments.

“In IKEA, we recognise our responsibility as a major user of wood and strive to lead by example in responsible forest management – extending our efforts beyond the wood we source for our own business. This project explores how reforestation, restoration, and responsible forest management can help mitigate climate change by capturing and storing carbon in land, plants, and eventually products. Our goal is to demonstrate that productive forestry, conservation and restoration not only can coexist, but can thrive together,” says Ulf Johansson, Global Head of Raw Materials for Inter IKEA Group.

Inter IKEA Group is partnering with BTG Pactual Timberland Investment Group (BTG Pactual TIG), one of the world’s largest timberland managers and a leader in advancing climate and environmental benefits through responsible forest management. With significant experience in large-scale forest restoration and reforestation in Brazil, BTG Pactual TIG will play a crucial role in the design and execution of the program, bringing deep expertise to help deliver measurable climate impact, biodiversity protection, and long-term economic viability.

We appreciate Inter IKEA Group for taking meaningful action to enhance the sustainability of its supply chain by investing in the protection, restoration and responsible management of forests in this critical biome. IKEA is showing the kind of leadership we need much more of, and we’re proud to partner with an organisation that shares our commitment to creating lasting positive outcomes for climate and environmental. At TIG, we’ve long believed that innovative approaches like this can deliver meaningful results for people, nature, and climate at scale, and we’re looking forward to demonstrating the results of this work,” says Gerrity Lansing, Head of BTG Pactual TIG.



Source link

Leave a Reply