IKEA Transparency

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In 1943, Ingvar Kamprad founded a mail-to-order furniture store called IKEA. IKEA has since grown to the largest retailer of furniture in the world and has over 389 stores all over the world. IKEA has used its platform to raise money for multiple charities as well as strive to make the planet a cleaner place. IKEA also cares deeply about its employees and does everything to make sure that they live a good life.

In its pursuit of sustainability and transparency, it recently ran into a defining moment. IKEA had been getting wood for one of its sets from a forest in China for cheap rates. It then came to their attention that the wood they were receiving was being illegally logged. It then ran a huge internal investigation, stopped using that supplier, and changed the wood of one of their entire bathroom sets.

Their preventative measures are employing sustainability managers, posting public sustainability reports, and also working together with the WWF to ensure these standards are being met.

Finally, I think that IKEA has really led the way in the way a corporation should be run. They were public about their problems and have made a huge difference by becoming an example to be followed. They handled the illegal logging incident perfectly and have not had a slip up since. I think that IKEA is a company that genuinely cares about the quality of its products and the impact it has on the earth, people around the world, its clients and its employees.

A Police car is parked outside IKEA store in the city of Vaesteraas, about 100 km west of Stockholm on August 10, 2015. Two people were stabbed to death at the Ikea store in Vasteras and a third person was wounded, police said. AFP PHOTO/JONATHAN NACKSTRAND        (Photo credit should read JONATHAN NACKSTRAND/AFP/Getty Images)

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