Harvey Norman Holdings Limited, commonly known as Harvey Norman, is a prominent Australian retail giant headquartered in Sydney, Australia. Founded in 1982, the company has established itself as a leader in the furniture, electronics, and home appliances sectors, with a significant presence across Australia, New Zealand, and several other international markets. The company is renowned for its diverse range of products, including cutting-edge technology, stylish furniture, and essential home goods, all of which are distinguished by their quality and value. Harvey Norman's unique franchise model has enabled it to expand rapidly, positioning the brand as a household name in the retail industry. With numerous accolades and a strong market presence, Harvey Norman continues to innovate and adapt to changing consumer needs, solidifying its status as a key player in the retail landscape.
How does Harvey Norman Holdings Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Wholesale Trade industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Harvey Norman Holdings Limited's score of 19 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Harvey Norman Holdings Limited does not report specific carbon emissions figures. However, the company has set ambitious climate commitments through the Science Based Targets initiative (SBTi). Harvey Norman aims to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by the year 2030, using 2023 as the baseline year. This target is aligned with the necessary reductions to limit global warming to 1.5°C. The company also plans to measure and address its Scope 3 emissions, which encompass indirect emissions from its value chain. These commitments reflect a proactive approach to climate action, demonstrating Harvey Norman's dedication to sustainability and environmental responsibility.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Harvey Norman Holdings Limited is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.