IKEA Foundation is has 4 different portfolios under which they fund projects and make grants to make a strategic difference in their impact areas. Recognizing climate change as an issue that needed addressing they asked TheRockGroup to help them review their current portfolio and strategy to find a way to integrate climate change into the portfolio and see how each portfolio can have an impact on climate change.
TheRockGroup was asked to do a quick review of IKEA Foundations’ current 4 portfolios with the aim of finding a way to incorporate climate change into their actions. Through a benchmark review of other foundations and granting agencies around the globe we made a recommendation to IKEA Foundation on how best to address climate change through their work. As a result a 5th portfolio was created focusing on Climate Action.