INGKA Foundation

Ownership of INGKA Group

With a passion for life at home, INGKA Group brings IKEA into the lives of millions of people in 32 countries around the world.

INGKA Foundation is the sole owner of INGKA Group.

The great efforts by INGKA Group’s many co-workers and the financial results the group has delivered over the years have created the financial means for INGKA Foundation to fulfil our charitable purpose at significant scale. That makes us humble and grateful. Thank you!

Two adults and a child with their shopped goods at IKEA

The business

As an IKEA franchisee, INGKA Group works for a better everyday life for the many people by offering great home-furnishing solutions at prices so low that as many people as possible can afford to buy them. The first IKEA store opened in Sweden in 1958, and today INGKA Group owns and operates more than 390 stores in 32 countries and offers numerous online inspiration and purchase opportunities. INGKA Group continuously aims to be even more convenient, affordable and sustainable for the many people.

INGKA Group also owns and operates a number of shopping centres in connection with IKEA stores.

INGKA Group investments support the long-term development of the core business, support ambitious sustainability goals, and secure the groups financial position.

Wind mills in a landscape

INGKA Group owns more than 500 wind turbines and more than 1 million solar panels, and produces as much renewable energy as it consumes.

People and Planet Positive

As a response to the challenges of climate change, unsustainable consumption and inequality, INGKA Group has identified three focus areas to help the group become people and planet positive:

  • Healthy and sustainable living
  • Circular and climate positive
  • Fair and inclusive

INGKA Group is working towards ambitious goals within these areas. You can learn more about INGKA Group sustainability initiatives on the INGKA website.

A kid in a children's POANG chair

Structure

INGKA Foundation is committed to securing the long-term ownership and independence of INGKA Group. We are legally and operationally separate from the INGKA Group and are not involved in its management decisions or supervision.

Instead, INGKA HOLDING B.V. is the parent company of the INGKA Group. A management board is entrusted with the management of the company and of the group, while a supervisory board exercises supervision, monitors general affairs, and advises the management board.

Find out more about INGKA Group on the INGKA Group website.

Learn more about what we do
Our charitable purpose