Diversified manufacturer and marketer of furniture and other household goods whose operations cover Africa, Europe, India, and the Pacific Rim. Australian assets include Freedom furniture, Best & Less and Harris Scarfe. Purchased Pepkor Holdings in 2014 for $6.7 billion.
|Steinhoff International Holdings Ltd||ZAF||website|
|Steinhoff International Holdings Ltd|
This company received a score of 11.4/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
[Source 2017][More on Sustainability Reporting]
This company has a number of corporate responsibility claims on its website.
[Source 2014][More on Sustainability Reporting]
This company faced criticism over it's 2014 purchase of Pepkor when directors bought shares without disclosing a deal was imminent. The company denies any wrongdoing.
[Source 2014][More on Governance]
According to data released by the Australian Tax Office in Dec 2015, this company was one of 579 local and foreign-based companies that paid no tax in Australia in 2013-14. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
[Source 2015][More on Finance]
|Company Structure||Public company|
|Revenue||US$11 billion in 2014|
|# Employees||55,876 in 2014|
|Subsidiaries||Pepkor Holdings Pty Ltd (92% owned)
- Pepkor South East Asia Pty Ltd
- Harris Scarfe Australia Pty Ltd
Greenlit Brands Pty Ltd
|Address||Johannesburg, South Africa|
Products / BrandsBest&Less
Best & Less Clothing Stores