IKEA To Scale Up Social Entrepreneurship Business; Aims for 95,000 Jobs by 2025
- By Admin |
- Feb 11 2021
IKEA has announced that it is scaling up the social entrepreneurship business with the ambition to reach 95,000 jobs by 2025.
For several years, IKEA has been working with social entrepreneurs to create long-term job opportunities and livelihoods for people who need it the most. Social businesses produce unique handcrafted products in order to create financial independence and life-changing opportunities for marginalised groups and women in vulnerable communities. The ability to earn an income also has a direct and positive effect on nearly 150,000 family members of these artisans today.
To be for even more of the many, IKEA has taken the decision to extend the scope and the goal is to increase the number of jobs from today’s 30,000 jobs to 95,000 until 2025.
Vaishali Misra, Business Leader, IKEA Social Entrepreneurs Initiative said, “I’m very proud of what we’ve accomplished, but I know that we can do much more. We have built strong business relationships with our partners for many years, and now we are happy to join hands with a few additional highly established social businesses, and together we will be scaling up the social entrepreneur business."
IKEA will extend the business together with existing partners, supporting with knowledge and expertise around design, production, and working environment. In addition to this, new scalable partners will be identified as social business partners to IKEA and create positive change for more people. As a result, more jobs will be created, and IKEA will increase the offering of high quality, handmade and unique design enabled through craft traditional techniques products in the stores worldwide.
“It’s a working relationship on inspiration, knowledge sharing, and mutual exchange of competencies. The social entrepreneurs ensure a diverse and unique product offer. On its part, IKEA uses its network to supply the enterprises with affordable, high-quality raw material, extending their infrastructure to the social enterprises. By doing this on a high scale, we could also inspire other retailers to do the same,” said Misra.
Do you think hybrid work arrangements would be a common feature of the workplaces going forward?
Trending
-
SBI General Insurance Launches Digital Health Campaign
-
CredR Rolls Out 'Life Happens' Leave For Its Employees
-
Meesho Announces 30-Week Gender-Neutral Parental Leave Policy
-
Microsoft Unveils Tech Resilience Curriculum To Foster An Inclusive Future
-
60% Indian Professionals Looking For Job Change Due To COVID: Survey
-
SpringPeople And Siemens Collaborate For Digital Transformation Push
-
86% Professionals Believe Hybrid Work Is Essential For Work Life Balance: Report
-
Almost 1 In Every 3 People's Personal Life Affected Due To Work Stress
-
Meesho Rolls Out Reset And Recharge Policy For Employees
-
80% Of Talent Leaders & Academics Say Pandemic Changed Skill Needs For Youth: Report
-
Hero Electric Rolls Out 'Hero Care' Program For Employees
-
Human Capital In Collaboration With ASSOCHAM Hosts Virtual Conference
-
IKEA India, Tata STRIVE Collaborate To Create Employability And Entrepreneurship Opportunities
-
SAP India, Microsoft Launch Tech Skilling Program for Young Women
-
DXC Technology, NASSCOM Collaborate For Employability Skills Program
-
Lenskart To Hire Over 2000 Employees Across India By 2022
-
Mindtree Launches Learn-and-Earn Program
-
Tata AIA Extends 'Raksha Ka Teeka' To Its Employees
-
Swadesh Behera Is The New CPO Of Titan
-
NetConnect Global Plans To Recruit 5000 Tech Professionals In India
-
Hubhopper Plans To Hire 60% Of Indian Podcasters By 2022
-
Corporate India Needs More Women In Leadership Roles: Report
-
Aon to Invest $30 Million and Create 10,000 Apprenticeships by 2030
-
Tech Mahindra Launches ‘Gift a Career’ Initiative for Upskilling of Youth
-
40% Women Prefer Flexible Working Options in Post-COVID World: Survey
-
3 out of 4 companies believe they can effectively hire employees virtually: Report
-
Vodafone , CGI and NASSCOM Foundation launch digital skills platform
-
Odisha: Bank, postal employees to deliver cash for elderly, differently-abled persons
-
Skill India launches AI-based digital platform for "Skilled Workforce"
-
Hiring activity declines 6.73% in first quarter: Survey
-
70% startups impacted by COVID-19 pandemic
-
Bajaj Allianz Life ropes in Santanu Banerjee as CHRO
-
Over 70 Percent MSMEs look at cutting jobs to sustain businesses
-
93 Per Cent employees stressed about returning to office post-lockdown
-
Johnson & Johnson India announces family benefits for same gender partners
-
Indian firms turning friendly towards working mothers
-
Welspun India names Rajendra Mehta as new CHRO
-
Wipro partners with NASSCOM to launch Future Skills platform
Human Capital is niche media organisation for HR and Corporate. Our aim is to create an outstanding user experience for all our clients, readers, employers and employees through inspiring, industry-leading content pieces in the form of case studies, analysis, expert reports, authored articles and blogs. We cover topics such as talent acquisition, learning and development, diversity and inclusion, leadership, compensation, recruitment and many more.
Subscribe Now
Comment