Reuters: IKEA to review its Ukrainian wood supply after critical report.

IKEA said wood from Ukraine made up less than 1% of what it sourced globally.

REUTERS

REUTERS

Furniture retailer IKEA said on Tuesday it would review its wood supply chain in Ukraine after a report by a non-governmental organisation (NGO) alleged illegal logging in the Carpathian mountains, home to endangered lynx and brown bears.

The report by Earthsight alleged IKEA suppliers illegally sourced wood used in some of the Swedish company's most popular chairs, Reuters said.

"IKEA does not accept illegally logged wood in our products," the flat-pack furniture specialist said in an emailed statement to Reuters.

Read alsoIKEA launches online sales in Ukraine

"We acknowledge that illegal logging remains a widespread global issue, and work proactively to implement measures to verify that our suppliers comply with legality," it added, saying it had begun an independent audit into practices in Ukraine.

IKEA said wood from Ukraine made up less than 1% of what it sourced globally.

In 2019, IKEA used around 21 million cubic metres of round wood, almost 1% of the world's industrial lumber production.

Earthsight said federal inspectors in Ukraine had found that state forestry business Velyky Bychkiv had allowed manufacturer VGSM, an IKEA supplier, to cut trees during periods when logging was not allowed.

Ukraine's forestry authority and VGSM did not immediately respond to requests for comment from Reuters.

Related news

Lebanon’s economy spirals out of control amid coronavirus, calls for government reform.

Lebanon's crisis was not caused by the coronavirus, but it has made a very bad situation even worse, tipping the country's economy over the edge.

IKEA to open first store in Ukraine by late 2020

On May 14, 2020, IKEA launched online sales of its products in Ukraine.

2 16

Глава Луганской ОГА надеется, что деньги для выплат семьям погибших от пожара и для компенсации убытков поступят во вторник.

Глава Луганской областной государственной администрации (ОГА) Сергей Гайдай надеется, что деньги для выплат семьям погибших от пожара и для компенсации убытков поступят на счет во вторник.

2

Ukraine's hryvnia weakens to UAH 26.95 to U.S. dollar on July 13

The official forex rate against the euro for Monday is fixed at UAH 30.40 per euro.

PM Shmyhal invites French business to join privatization in Ukraine.

Prime Minister of Ukraine Denys Shmyhal has called on French business to participate in the privatization of Ukrainian enterprises and announced the resumption of work of the Joint Ukraine-France Intergovernmental Commission on Economic Cooperation.

1

By continuing to browse World News (UAZMI), you acknowledge that you have read the Terms of Use and agree to the use of cookies