From return-to-work mandates to companies making strides in sustainability , here ’ s our pick of stories from November that you may have missed

IKEA betting big on Indian market

This year marks 80 years since IKEA was born and five years since setting up shop in India – and now the Swedish furniture giant is betting even bigger on the Indian market with plans to double its business each year , triple headcount to 10,000 , and significantly increase local sourcing from 30 % to 50 %. Plans are afoot to step-up local manufacturing too .

UOB : making sustainability strides in Southeast Asia

Committed to net-zero by 2050 , Singapore ’ s third-largest bank has a sustainability strategy grounded in the need for a “ just transition in Southeast Asia ”, according to CEO Wee Ee Cheong , with net-zero targets based on six sectors that are among the most important for decarbonisation . To achieve targets , the US $ 33.36 billion bank has established a sustainability advisory panel of experts ensuring relevance and regionality . 32 December 2023