{"id":106222,"date":"2025-01-20T02:51:57","date_gmt":"2025-01-20T00:51:57","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=106222"},"modified":"2025-01-20T02:51:57","modified_gmt":"2025-01-20T00:51:57","slug":"ingka-to-invest-about-eur-1-bn-in-companies-increasing-recycling-infrastructure","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/ingka-to-invest-about-eur-1-bn-in-companies-increasing-recycling-infrastructure\/","title":{"rendered":"Ingka to invest about EUR 1 bn in companies increasing recycling infrastructure"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: left;\">Ingka Investments, the investments arm of Ingka Group, the largest <a href=\"https:\/\/www.csregypt.com\/en\/ikeas-climate-footprint-in-fy23-down-22\/\">IKEA<\/a> retailer, aims to invest about EUR 1 billion in companies that are increasing recycling infrastructure.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Every year, the global economy consumes 75% more natural resources than the Earth can regenerate. This generates tremendous amounts of waste, yet less than 20% of waste is recycled. To support the transition towards a circular economy, Ingka is aiming to invest about EUR 1 billion in companies that will contribute to recycling infrastructure. In doing so, we invest to recycle more end-of-life products into secondary raw materials.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">In 2017, Ingka Group established Circular Investments to invest in companies contributing to the transition to a circular economy with the focus to make a difference for plastics, mattresses, textiles, wood and food waste. We aim to grow profitable businesses that avoid millions of tons of CO2e and increase the availability of recycled material on the market. Since 2017, Ingka estimates that its portfolio companies have recycled around 2.7 million tons of materials overall, avoiding over 9.4 million tons of CO2e.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Lukas Visser, Circular Investments Portfolio Manager of Ingka Investments, said \u201cTo future proof our business we want to invest in financially and environmentally resilient companies. When a product\u2019s life at home ends, Circular Investments begins. Ingka Investments is committed to transitioning towards a circular economy and retaining the value of materials. For us, that means investing in companies that are developing technology or growing capacity to prevent waste or supply recycled materials.\u201d<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Peter van der Poel, Managing Director of Ingka Investments, said \u201cOur EUR 1 billion ambition to invest in growing recycling infrastructure is crucial to Ingka Group\u2019s broader sustainability strategy to go beyond our own operations. Through investments, we are committed to doing our part to ensure that valuable materials are recycled and reused in the production of new products. What would help us go further is if legislation was stronger at prioritizing recycling over incineration and landfilling, for example by ensuring that Extended Producer Responsibility schemes were resulting in higher recycling rates. We also welcome eco-design regulations to encourage the demand for these recycled materials and we are actively collaborating with relevant authorities and other stakeholders to address these issues.\u201d<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">\n","protected":false},"excerpt":{"rendered":"<p>Ingka Investments, the investments arm of Ingka Group, the largest IKEA retailer, aims to invest about EUR 1 billion in companies that are increasing recycling infrastructure. Every year, the global economy consumes 75% more natural resources than the Earth can regenerate. This generates tremendous amounts of waste, yet less than 20% of waste is recycled. [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":106223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984,13329],"tags":[16971,6258],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ingka to invest about EUR 1 bn in companies increasing recycling infrastructure - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Ingka Investments, the investments arm of Ingka Group, the largest IKEA retailer, aims to invest about EUR 1 billion in companies that are increasing recycling infrastructure.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/ingka-to-invest-about-eur-1-bn-in-companies-increasing-recycling-infrastructure\/\" \/>\n<meta property=\"og:locale\" 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