A Case Study in Sustainability: How Carbon Audits Propel Eco-friendly Business Practices
Sustainability has evolved into a vital operational strategy. Organizations recognize the significance of minimizing ecological footprint as a responsibility towards future generations and the planet as a whole. Carbon audits play a prominent role in the shift, serving as a tool helping businesses spot and reduce GHG emissions. Case Study for IKEA Background- Ikea, a multinational conglomerate that has been renowned for home accessories and furniture, has shown sustainable commitment for a long time. The company ambitiously intends to become climate-positive by 2030. It aims to reduce GHG emissions emitted by the IKEA value chain while growing its business. Their strategy significantly highlights the conduction of rigorous carbon audits for identifying and mitigating carbon footprint throughout global operations. FY23 saw IKEA’s climate footprint to be around 23.7 million tonnes of CO2, which was a 12% reduction from FY22 and 22% from the base in FY16. It w...