IKEA Pledges $1.13 Billion to Help Slow Climate Change

IKEA, the world's biggest furniture retailer, pledged on Thursday to spend 1 billion euros, 1.13 billion dollars, on renewable energy and ways to help poor nations cope with climate change, in a new sign of companies upstaging governments on the issue.
Chief Executive Peter Agnefjall told Reuters in an interview ,The investments will be a "win, win, win. It's good for customers, good for the climate and good for IKEA too", .
The Swedish firm said it would invest 600 million euros in wind and solar power, adding to 1.5 billion invested since 2009 as part of a goal of making it energy independent.



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