Stockholm, Date - H2 Green Steel has recently announced its partnership with Ingka Group, the owner and operator of most IKEA stores, to deliver green steel. As part of this collaboration, production of the steel will commence by the end of 2025 and will be subsequently supplied to IKEA stores starting from 2026. This sustainable steel will be employed for warehouse racking purposes, supporting Ingka's initiative to reduce their climate footprint.
A Step Towards Sustainability
Ingka's adoption of green steel marks a significant milestone in their journey towards sustainability. In fact, this partnership will account for an impressive 50% of globally purchased warehouse racking. This aligns seamlessly with IKEA's goal of becoming climate positive by 2030, striving to eliminate more greenhouse gas emissions from their value chain than they generate.
Green Hydrogen: The Key to Eco-friendly Steel Production
H2 Green Steel is constructing a state-of-the-art plant in northern Sweden, dedicated to the production of eco-friendly steel. Their innovative approach involves substituting coal with green hydrogen, which is manufactured using fossil-free energy. This revolutionary technique significantly reduces carbon dioxide emissions by up to 95% when compared to traditional steelmaking methods.
