Ikea invests in biofuels for shipping vessel programme

Swedish furniture group Ikea announced that it has invested into a pilot programme to bring biofuels to the shipping industry.

Ikea’s Transport & Logistics Services division revealed that it will be investing in the ‘first-ever’ fuelling of a container vessel with biofuel oil.

“Our long-term ambition at IKEA Transport & Logistics Services is to reduce greenhouse gas emissions by 70 per cent per transport shipment by 2030,” says Elisabeth Munck af Rosenschöld, head of sustainability, global transport & logistics services.

“This is a huge ambition since shipping over the ocean makes up almost 50 per cent of our carbon footprint regarding transports.”

Ikea outlined that it will be using fuel from producer GoodFuels for the pilot programme.

“To become climate positive and to achieve our ambitious targets, we need a diversified portfolio of solutions, and bio heavy fuel oil is one piece of the puzzle,” said Rashmi Hahn, head of category ocean, global transport & logistics services.

“This is an advanced biofuel containing no virgin materials and a clear move towards circularity.”

The CMA CGM vessel will be filled with the biofuel on March 19, according to the release.