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 2018][More on Finance]
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]
|Company Structure||Public company|
|Revenue||US$11 billion in 2014|
|# Employees||55,876 in 2014|
|Subsidiaries||Pepkor Holdings Pty Ltd (92% owned)
- Harris Scarfe Australia Pty Ltd
Greenlit Brands Pty Ltd
- Best & Less Pty Ltd
|Address||Johannesburg, South Africa|