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Report: Ikea Linked to Illegal Logging in Protected Russian Forests

For over a decade, Ikea has reportedly sourced wood for some of its products from companies guilty of illegally logging millions of pine trees from Russia’s boreal forest – a protected region that is considered pivotal towards efforts to combat climate change – according to an investigation published on Thursday by Earthsight.

EU Fines VW, BMW $1B for Antitrust Violations

The European Commission fined last week German carmakers Volkswagen and BMW a total of 875 million euro (US$1.03 billion) for conspiring to limit the use of emissions-cleaning technology the two companies had developed.