Why did the IKEA parent company buy about 45 square kilometers of forest?
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Ingka Group , the parent company of IKEA , the world's largest furniture maker, has reportedly purchased 11,000 acres of forest in Georgia, USA.
Why Ikea just bought an 11,000-acre forest in Georgia
https://www.fastcompany.com/90594218/why-ikea-just-bought-an-11000-acre-forest-in-georgia
IKEA Buys 11,000 Acres of US Forest to Keep It From Being Developed
https://www.goodnewsnetwork.org/ikea-buys-forest-in-georgia/?
The forest purchased by the Ingka Group was in southeastern Georgia. This forest belongs to the Altamaha River basin, which is a valuable habitat for the Gopher tortoise , which is designated as Endangered Species II, but plans to develop a part of it have emerged in recent years.
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So, in collaboration with The Conservation Fund, a non-profit environmental organization that protects a total of 8 million acres (about 32,000 square kilometers) of forests in the United States, the Ingka Group purchases forests in the Altamaha River basin. Did.
Speaking of IKEA, it is a manufacturer that sells a lot of wooden furniture such as wooden desks and beds, and in 2018 IKEA's carbon dioxide emissions reached 26.9 million tons. Therefore, in January 2020, IKEA declared that it would invest 200 million euros (about 25 billion yen) to reduce greenhouse gas emissions by 2030, and collect and resell old furniture. , Repair and other services have also started. In addition to these efforts to reduce carbon dioxide emissions, IKEA is also working to protect forests that absorb carbon dioxide from the atmosphere.
In fact, the Ingka Group already owns 136,000 acres (about 550 square kilometers) of forest in the United States and 480,000 acres (about 1900 square kilometers) of forest in Europe. An IKEA spokeswoman said these forests were 'not purchased to procure furniture materials.'
The forests in the Altamaha River basin were originally purchased and managed by The Conservation Fund, and are legally protected. The Ingka Group has a 'contract to continue to protect the local ecosystem' at the time of purchase.
'The most important investment in forest conservation is to ensure that the land is managed in a sustainable manner,' said Fast Company, a news media outlet that reported on the Ingka Group's forest purchases. The annual growth of trees is greater than the amount of timber harvested. '
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