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  7. Steinhoff International
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Steinhoff International | Sustainability Performance

http://www.steinhoffinternational.com

Operates in retail and household goods businesses.

1964

South Africa

201 - 500 employees

Retail

$10B+ in revenue

Not profitable

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Sustainability Ranking & Industry Benchmark

#12104
Overallⓘ
#97
in South Africaⓘ
#407
in Retailⓘ

Sustainability Maturity

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Sustainability Intent

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Revenue ⓘTotal revenue reported in the company's financial statements for the specified reporting year, reflecting income generated from primary business activities. Expressed in millions of USD.
10.3B$, 2022▼11% YoY

Controversy level


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Noticeable
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Download Controversy Analysis
  • Steinhoff International Holdings NV, South African/Dutch retail conglomerate (Markus Joosteled), has faced the historic 2017 EUR 21+ billion accounting fraud scandal where former CEO Markus Jooste and CFO Ben la Grange were charged with multiyear fictitious revenue scheme, plus the 2019 PwC forensic report identifying overstated profits, and the contested 2024 ZAR 50+ billion settlement scheme with creditors.
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