IKEA pledges to grow more trees than it uses

Furniture retailer Ikea has announced plans to switch to renewable energy by 2020, and to grow more trees than it uses. The Swedish-based group said it will also encourage sales of energy-efficient products, including induction cookers and LED light bulbs. And, as part of its People & Planet Positive strategy, Ikea plans to have invested €1.5bn (£1.2bn, $1.9bn) in solar and wind power by 2015 to produce at least 70% of the group’s energy, with this rising to 100% by 2020.