Ikea acquired 10,840 acres of land in southeastern Georgia to protect the plants and wildlife species. There are 350 plants and species of wildlife throughout the land. Ikea now owns 613,000 acres of land, which it has pledged to manage in an environmentally sustainable way.
The forests around the world need to be conserved for the benefit and sustainability of future generations. It also means preserving natural resources that are beneficial to the whole ecosystem. Unfortunately, they are disappearing at an alarming rate since the cutting down is recently on the rise. Having said that, steps are being taken for the upkeep of the forests. In this regard, Ikea has made it to the headlines a few days ago.
The furniture giant Ikea’s investment group recently bought around 11,000 acres of forestland, taking it under its wing to protect the plants and wildlife species. There are 350 plants and species of wildlife throughout the land. It also includes the endangered longleaf pine and gopher tortoise that is a special focus of conservation efforts.
Most of the stores of the Swedish retail giant are owned by the Ingka Group. It acquired 10,840 acres of land near the Altamaha River Basin in southeastern Georgia from the Conservation Fund.
"We truly believe responsible forest management is possible and we see that a large part of our responsibility towards the land we own -- and by extension the planet -- is to restore forests and plant more than we harvest," Ingka Investments managing director Krister Mattsson told CNN.
"In all our properties nature conservation is important. In this particular US investment in Georgia, first, it is important that the land cannot be broken up into small units and it remains forever forestland."
Before the European migration to North America, the longleaf pine - that can live for over 300 years - covered more than 90 million acres. But it currently covers less than 4 percent of its original range after most of it disappeared by the 1920s due to various factors.
Local timber-based economies will continue to be supported, Mattsson said, and the public will have access to much of the land for recreational purposes.
"We are honored to work with Ingka Group and applaud its dedication to preserve and enhance forest quality in the U.S. and Europe," The Conservation Fund president Larry Selzer said in a statement. "Well-managed forests provide essential benefits, including clean water and important wildlife habitat, as well as mitigating climate change.
In an aim to conserve forests, Ingka Group has planted around 7 million seedlings all over the world.
"For all the forests we own, our commitment is to manage them responsibly, to preserve and increase the quality of the forests over time," Mattsson said.
"Our vision on forest management is to consider all the functions of a forest and plan for dozens of years ahead. We look at it as a commitment to balance the economic, environmental and social aspects related to the forest."
Ikea now owns 613,000 acres of land in the US and Europe, which it has pledged to manage in an environmentally sustainable way.
The company has been criticized for fueling deforestation due to consuming enormous amounts of raw materials, including lumber. However, recently, Ikea has committed to adopting a series of initiatives, reducing its greenhouse gas emissions, phasing out single-use plastic, and halving its food waste, to make the company more climate-friendly.
Article Credits: CNN