IKEA to use only renewable and recycled materials by 2030
IKEA, the world’s biggest furniture retailer, plans to use only renewable and recycled materials in its products by 2030.
Business
This archive collects stories about businesses — from startups and local enterprises to multinational corporations — taking meaningful action on social, environmental, and economic challenges. These reports highlight moments when commerce and accountability intersect in constructive ways.
Costco to boost its minimum wage to $14 an hour
The retail chain, second only to Walmart Inc. in terms of U.S. sales, said it would increase its starting hourly wages by $1 to $14 or $14.50 an hour.
Disney embraces $15 minimum wage in negotiations with workers
Disney says that marks the largest increase to starting wages it’s ever offered.
Pivot Power to build ‘world first’ battery network in the U.K.
Pivot Power unveiled plans to build the world’s first national network of grid-scale batteries and rapid-charge stations across the U.K. to accelerate electric vehicle adoption.
National Geographic launches multiyear initiative to reduce single-use plastics
National Geographic has announced a new, global commitment to tackle the problem of single-use plastics with the launch of Planet or Plastic?, a multiyear initiative aimed to reduce single-use plastic entering the world’s oceans.
Every major supermarket in Britain agrees to ban unnecessary single-use plastic packaging by 2025
The agreement, organised by Government-backed waste charity Wrap, is a world-leading collaborative effort by Britain’s biggest consumer companies to tackle the scourge of plastic waste on the environment.
Wells Fargo commits $200bn towards low carbon projects by 2030
The US banking giant said more than $100bn of its commitment was earmarked for clean technology, renewable energy, green bonds, low emission transportation and other projects that “directly support the transition to a low carbon economy”.
Google’s new Africa app aims to beat slow internet speeds, high data costs
Google is releasing an app in Africa that will help internet users overcome obstacles such as the lack of high-speed connectivity and the cost of data on the continent.
World shipping industry agrees to halve carbon emissions by 2050
Members of the UN International Maritime Organisation on Friday struck a deal to halve carbon dioxide emissions from shipping by 2050 in a deal that will force the industry to redesign fleets.
Apple says it’s now powered by 100 percent renewable energy worldwide
The iPhone maker has been working toward for years through the purchase of green energy bonds and other renewable investments in its supply chain and physical infrastructure.