Which innovative sustainability initiative has IKEA implemented that has saved the company millions while significantly reducing its environmental impact?

Sustainability has become a critical factor in retail strategy, with consumers increasingly making purchase decisions based on environmental impact. Companies are adopting innovative approaches to reduce waste, decrease carbon footprints, and create circular economies. This shift isn't just about environmental responsibility—it's reshaping business models, supply chains, and customer relationships. Test your knowledge about how sustainability is transforming the retail landscape!

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The 'buy-back' program allowing customers to return used furniture for store credit, which IKEA then resells or recycles
Converting all stores to run exclusively on renewable energy harvested from customer movement through piezoelectric floor tiles
Implementing blockchain-verified sustainability scores displayed on every product that customers can scan with their phones
Launching biodegradable furniture lines that decompose completely within 5 years of disposal