Introduction | Becoming People & Planet Positive | Stakeholder engagement | Sustainability governance | SDG index Healthy & sustainable living - Our circularity agenda - Our climate agenda - Regenerating resources - Fair & equal - IWAY Water stewardship Our ambition is to be good water Our strategic focus areas consider where we Partnering with WWF in India and Türkiye piloting the implementation of regenerative agriculture. The pilot, which started on 7.9 stewards and contribute to increasing have the most in昀氀uence and opportunities for As part of the WWF and IKEA partnership, the availability of clean water in our impact: improving water quality and increasing we are not only working to improve water hectares of Better Cotton farms in 2020, is now own operations and the rest of the water availability throughout our value management and tackle water challenges in its third year. Some achievements observed value chain, by 2030. We’re working chain, enabling reduced water consumption across the IKEA value chain but also include; improved soil health, enhanced in the home, demonstrating leadership and advancing conservation beyond. In FY23, biodiversity, increased crop diversity (from two to use water as e昀케ciently as possible collaborating with others in water stewardship we advanced work connected to river basin to 昀椀ve crops), and higher levels of soil carbon and reduce industrial e昀툀uents to ambitions. projects in India and Türkiye: sequestration. This pilot aims to test global 1 minimise environmental damage. know-how in regenerative cotton farming. INDIA The knowledge gained will help scale the Identifying river basins most connected to As a part of the collective action programme implementation to more hectares of farms. Water use across the value chain our supply chains in the Noyyal Bhavani river basin, the (billion m3) As global frameworks and methodologies are Marlimund Lake catchment was identi昀椀ed under development, the IKEA business has as a pilot wetland restoration initiative in FY21 0.71 adopted – the WWF recommended – Contextual collaboration with the local government. Target Setting (CTS) methodology. To build Together with the local community, the FY22 0.72 restoration project aims to restore the native the targets, in FY23, we identi昀椀ed the 15 river shola forest, grassland and swamp over FY23 0.61 basins most connected to our supply chains based on current and projected (2030) water the next 昀椀ve years to improve river 昀氀ows. scarcity. In FY24, we will set and accelerate Extensive mapping of the animals and plant Materials (74% – 0.45) action towards targets. species that live in the lake was conducted Food ingredients (5% – 0.03) to establish a baseline for the removal and Production (3% – 0.02) replacement of invasive species with native ones. Based on the mapping, a detailed IKEA retail & other operations (1% – 0.007) action plan has been submitted to the State Product use at home (16% – 0.10) for approval. It is expected that full-scale implementation of the restoration work will be initiated by 2024. TÜRKIYE In Soke, a key cotton-growing region in the Buyuk Menderes Basin, WWF and the IKEA business (together with other partners) are Photo provided by WWF 1 Audits of water management and e昀툀uent water treatment plants in our supply chain are conducted annual. Read more about IWAY, the IKEA supplier code of conduct. 33 - IKEA SUSTAINABILITY REPORT FY23