IKEA Korea Signs Resource Circulation Business Agreement with Seoul Design Foundation

Upcycled auxiliary bag 'Superbag' made from upcycled materials provided by IKEA Korea. Photo by IKEA Korea

[Asia Economy Reporter Moon Hyewon] IKEA Korea announced on the 27th that it has signed a memorandum of understanding (MOU) with the Seoul Design Foundation to create a resource-circulating society through sustainable design.

The agreement was based on the shared values of IKEA Korea and the Seoul Design Foundation that sustainable design and resource circulation, which are good for people and the planet, can create better lives for many. It includes mutual support and cooperation to explore various opportunities to build a resource-circulating society by utilizing discarded resources, raise awareness of the need for sustainable living, and encourage practical action.

Through this MOU, IKEA Korea and the Seoul Design Foundation plan to closely collaborate in various fields such as ▲ domestic and international industry-government-academia cooperation projects aligned with the visions and goals of both organizations ▲ event and project cooperation that matches the joint purpose of both organizations ▲ support for upcycling and recycling activities to create a resource-circulating society that positively impacts people and the planet.

As the first collaboration under the MOU, they will hold the ‘Forest (SUP) Contribution SUPerbag Sharing Event’ to support the upcycling growth of children and adolescents.

Seoul Upcycling Plaza, an institution under the Seoul Design Foundation, will produce ‘SUPerbags,’ which are upcycled auxiliary bags, and ‘Upcycling Kits’ composed of IKEA art play products using leftover textiles and fabrics provided by IKEA Korea, and distribute them to 250 children and adolescents.

This content was produced with the assistance of AI translation services.