IKEA's Buy Back service has been officially launched in Ireland as part of the furniture maker's commitment to becoming fully "circular" and climate positive by 2030.
The new service encourages customers to sell back IKEA furniture that they no longer need. In return they receive a voucher to spend at the store for use when they need something.
The furniture will be resold by IKEA within their Circular Hubs (previously Bargain Corner), at cheaper prices, thereby giving a second life to IKEA products.
The company said this helps to prevent perfectly useable materials from entering landfill unnecessarily.
IKEA said that used products returned as good as new with no scratches will be bought for 50% of the original price, while items with minor scratches will be bought for 40%.
Furniture that is well used with several scratches will be bought for 30%, it added.
The service is the latest in a succession of initiatives from the Swedish retailer to help make sustainable living more accessible and affordable and will encourage customers to rethink their consumption habits and take positive action to help the planet.
Peter Jelkeby, Country Retail Manager and Chief Sustainability Officer, IKEA UK & Ireland, said that households are connected to around 60% of global greenhouse gas emissions, consuming around a third of the energy and 10% of the water used globally.
"Small actions taken within them can make a significant difference, and is why IKEA is so committed to making sustainable living more affordable, attractive and accessible.
"As one of the biggest brands in the world, we recognise our unique opportunity to help lead that change," Peter Jelkeby said.
"Through Buy Back we hope to make circular consumption mainstream; making it easier for customers to acquire, care for and pass on products in circular ways," he added.