In the News

Circular economy - IKEA to buy back unwanted furniture

Graham Watson

14th October 2020

Ikea is continuing to emphasise its commitment to sustainability by taking back unwanted furniture and selling it second hand to consumers. Anything left unsold will be recycled.

The company has a commitment to creating a circular business model and a 2030 target to be carbon neutral. Both are indicative of a commitment to corporate social responsibility, and good for the company's brand image.

The Buy Back initiative will be launched in Ikea stores across the UK on 27 November.

The company has announced that anything that cannot be resold will be recycled or donated to charities.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.