IKEA's Environmental Practices: Making Good Business Sense
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The majority of IKEA furniture was made from wood, which the company sourced from different countries. IKEA's business had earlier involved the large-scale cutting of trees, which had resulted in an environmental imbalance. There was also a widespread use of chemicals in the manufacture of furniture. In its efforts to minimize the harmful impact it was having on the environment and to conserve forests, IKEA introduced stringent rules for business partners regarding procurement of wood and forest management.
IKEA was established in 1943 by a youngster of 17 called Ingvar Kamprad (Kamprad). Kamprad came up with the name IKEA by combining the first letters of his name (Ingvar Kamprad with the first letters of the farm and village in which he grew up (Elmtaryd and Agunnaryd). IKEA began in a shed that was just two square meters in size.
5] Smaland literally means 'Small Country.' It is a province in southern Sweden.
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