IKEA invests in plastic recycling in order to support more sustainable generation of materials. Image source: Shutterstock (#595022984)
In an effort to extend control over its supply chains, IKEA has purchased a 15% minority stake in Dutch plastic recycling plant Morssinkhof Rymoplast. As the company aims to use 100% recyclable and/or recycled materials for its products by 2020, pursuing a circular economy is said to be integral. This is also a preemptive move as regulations will become more strict sooner or later. “Climate change and resource scarcity present global supply chains with significant risk,” Dexter Galvin, head of supply chain at CDP, says.
Other companies such as Apple, Google and Amazon have their own initiatives to become more sustainable by avoiding environmentally damaging activities.
Apple, Google and Amazon
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