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Search resuls for: "Peter van der Poel"


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IKEA stores owner Ingka plans recycling expansion
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +2 min
Ingka Investments' Peter van der Poel told a panel at the Reuters IMPACT conference in London that a recycling initiative in the Netherlands would be expanded to markets including France, Belgium and Scandinavia. "The thing here is to understand in many markets in Europe, still incineration is incentivised (over) recycling. Ingka Investments is the investment arm of Ingka Group, which owns and operates the majority of IKEA stores. Investing in what it calls the circular economy, which includes recycling, is part of Ingka's sustainable investment portfolio, alongside renewable energy and forests. Van der Poel says this is viable because Ingka has an investment horizon of "generations", out to 100 years.
Persons: Anna Ringstrom, Peter van der Poel, Van der Poel, Tommy Reggiori Wilkes, Emma Rumney, Simon Jessop, Jan Harvey Organizations: REUTERS, Ingka, Ingka Investments, Reuters IMPACT, Investments, IKEA, Thomson Locations: Stockholm, Sweden, Europe, London, Netherlands, France, Belgium, Scandinavia, North America
REUTERS/John Muchucha Acquire Licensing RightsSummaryCompanies Fossil fuel subsidies hampering green energy rolloutMore clarity needed on rules for carbon marketsCalls echo Africa Climate Summit on faster actionLONDON, Sept 6 (Reuters) - Ditch fossil fuel subsidies, agree the rules for carbon markets and provide more finance to emerging markets. That was the clear message from business leaders at the Reuters IMPACT conference in London on Wednesday about what they say needs to happen at the forthcoming COP28 climate summit. The meeting of world leaders in Dubai beginning late November is seen as a crucial test of countries' willingness to accelerate action to limit global warming, with efforts so far doing little to stem global carbon emissions. Despite this, failure to remove fossil fuel subsidies would make it harder to expand renewable energy in some countries, Ingka's van der Poel said. "My concern is that we have very little hopes for that ambition to be raised during COP28," she said.
Persons: John Muchucha, Peter Van der Poel, Anél Bosman, Ingka's van der Poel, Helena Viñes, Preeti Srivastav, Andy Griffiths, Richa Naidu, William James, Helen Reid, Simon Jessop, Alexander Smith Organizations: REUTERS, Reuters IMPACT, Ingka Investments, Africa Climate Summit, Nedbank Corporate, Investment Banking, Sustainable Finance, Asahi Europe, Diageo, Thomson Locations: Nairobi, Kenya, London, Dubai, Africa
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