Retail, franchising and property
                                    30% owned by co-founder and chairman, Gerry Harvey. 195 franchised complexes (trading as Harvey Norman, Domayne and Joyce Mayne) in Australia and 90 Harvey Norman stores overseas in New Zealand, Malaysia, Singapore, Slovenia, Croatia, Ireland and Northern Ireland. 
                            Company Assessment
            (Last updated Jul 2025)        
        
        
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            Criticism
            Information
        
                                
                Harvey Norman Holdings Limited
            
                            
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        3/5 for packaging performance
    
    
        This company received a packaging performance level of 3 (Advanced) in its 2025 APCO Annual Report. Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice).
    
            Source: APCO
                                    (2025)
                            
        
    
        
        Low ESG Risk
    
    
        Sustainalytics, a top ESG research firm, evaluates environmental, social, and governance risks for over 16,000 companies. Its ESG Risk Rating reflects how much risk a company faces in its industry and how well it manages those risks. The final score includes both unmanaged and unmanageable risks, and companies are rated on a scale from negligible (0-10) to severe (40+). This company received an ESG Risk Rating of 17.4, placing it in the "low risk" category (retrieved April 2025).
    
            Source: Sustainalytics
                                    (2025)
                            
        
    
        
        Modern Slavery disclosure quality
    
    
        Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2024 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 100 largest listed companies on the Australian Stock Exchange (ASX100). This company's modern slavery disclosure statement received a grade of F.
    
            Source: Monash University
                                    (2024)
                            
        
    
        
        Renewable energy use
    
    
        Greenpeace's Reenergise campaign ranks Australia's biggest electricity using companies on their commitments and actions regarding renewable energy use. This company has: not committed to powering their operations by 100% renewable electricity by 2030; not signed a power purchase agreement (PPA) to buy power from a wind or solar project; has invested in on-site solar. 
    
            Source: Greenpeace
                                    (2021)
                            
        
    
        
        Misleading advertising
    
    
        Harvey Norman was fined $1.25 million for misleading advertising in Dec 2011, following action taken by the Australian Competition and Consumer Commission (ACCC).
    
            Source: news article
                                    (2011)
                            
        
    
        
        Breaching advertising codes
    
    
        This company has been criticised for irresponsible advertising. In 2011 Ad Standards upheld complaints about a TV ad by this company on the grounds that it breached advertising codes. The ad was subsequently discontinued or modified.
    
            Source: Ad Standards
                                    (2011)
                            
        
    
        
        Child labour allegations
    
    
        Harvey Norman removed Summit merchandise from all its stores in Oct 2013 in response to allegations that Summit, a supplier of sporting goods was secretly using children to stitch rugby league footballs. 
    
            Source: Sydney Morning Herald
                                    (2013)
                            
        
    
        
        2020 CHOICE Shonky Award
    
    
        Named and shamed in the 2020 CHOICE Shonky Awards for signing customers up for high-interest Latitude credit cards right there in the store without properly checking how suitable the card is for them. Choice calls Latitude Finance one of Australia's most predatory finance companies.
    
            Source: Choice
                                    (2020)
                            
        
    
Company Details
Type:
                Public company
                                                    Revenue:
                3.4 billion AUD
                                            (2019)
                                    
                                        Employees:
                5,500
                                            (2019)
                                    
                                                    Subsidiaries:
                
        Arisit Pty Ltd
                    (51% owned)
                            
            
                
                
                    
    
                Home appliances distributor
                                    Started in 2000 with the exclusive distribution of the Ariston brand of home appliances. Now distributes a range of home and outdoor living appliances in Australia and New Zealand. Ariston brand acquired by Whirlpool Corporation from Indesit Company SpA in 2014.
                            Contact Details
                    Address:
                
                
                    A1 Richmond Rd, Homebush West, NSW, 2140, Australia
                
                                                                
                    Website:
                
                
                    Products / Brands
Harvey Norman
                Domayne
                                Electronics Stores
                
                                                        
            
                    
                Domayne
                                Homewares Stores
                
                                                        
            
                    
                Harvey Norman
                                Electronics Stores
                
                                                        
            
                    
                Harvey Norman
                                Homewares Stores