Swedish home furnishing retailing major IKEA on Thursday said it will launch a programme in India, Poland and China this year, helping suppliers there transit to 100 per cent renewable electricity.
Under this initiative, the company would invest and support nearly 1,600 direct suppliers, IKEA said in a statement. IKEA is striving for 100 per cent renewable energy throughout the entire value chain
The Reserve Bank of India (RBI) is weighing the option of engaging specialist money managers to help improve yields on the reserves fund as rates hit record lows globally. Given the increasing complexities of managing inflows from multiple channels, the RBI also wants better safeguards for the burgeoning corpus that now amounts to about a fifth of India’s gross domestic product (GDP).
IKEA to help suppliers in India, 2 other markets transit to 100% renewable power
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Last Updated: Jun 10, 2021, 08:05 PM IST
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Under this initiative, the company would invest and support nearly 1,600 direct suppliers, IKEA said in a statement.
IKEA is striving for 100 per cent renewable energy throughout the entire value chain.
Swedish home furnishing retailing major IKEA on Thursday said it will launch a programme in India, Poland and China this year, helping suppliers there transit to 100 per cent renewable electricity. Under this initiative, the company would invest and support nearly 1,600 direct suppliers, IKEA said in a statement. IKEA is striving for 100 per cent renewable energy throughout the entire value chain.