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|
In December 2017 Steinhoff went from having a market capitalisation of $US19 billion to $US1.9 billion in the space of a few days, after it was discovered that several years of audited accounts could not be trusted.
Source: news article (2018)
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: Newsweek (2017)
This company has a number of corporate responsibility claims on its website.
Source: company website (2014)
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: news article (2014)
|Revenue||11 billion USD (2014)|
|Subsidiaries||Greenlit Brands Pty Ltd
Pepkor Holdings Pty Ltd (92% owned)
|Address||Johannesburg, South Africa|
Products / BrandsGreenlit Brands
Freedom Homewares Stores