Havertys.
HVT.US | Retail sale of electrical household appliances, furniture, lighting equipment and other household articles in specialized stores
Havertys is a specialty retailer of residential furniture and accessories, operating primarily in the Southern and Midwestern regions of the United States. The company offers a wide selection of furniture styles, including upholstery, bedroom, dining room, home office, and outdoor furniture, as well...Show More
Better Health for All
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Havertys' core products, residential furniture, are generally health-neutral, resulting in no significant positive or negative health impact. The company does not generate revenue from products with well-established negative health outcomes. Within the last three years (up to January 2023), Havertys initiated a voluntary recall for approximately 930 Concord Dual Power Recliner Chairs due to a chair back detaching hazard, with two reported injuries.
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Despite these incidents, Havertys demonstrated excellent risk transparency by voluntarily initiating all recalls in consultation with the CPSC and utilizing the CPSC's "Fast Track Recall" process.
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Environmental sustainability efforts, while beneficial, are excluded from this value assessment as per the value definition. No other health-related information is available in the provided articles.
Fair Money & Economic Opportunity
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No evidence available to assess Havertys on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess Havertys on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess Havertys on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Havertys has a comprehensive anti-corruption policy that explicitly prohibits bribes, kickbacks, or other improper payments to government officials, customers, or any other party, extending this prohibition to third parties acting on the company's behalf.
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Demands for improper payments must be rejected and reported to the General Counsel.
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All new employees are required to sign a certificate confirming they have read and understand the Code.
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, with annual certification and additional reporting from managers and officers.
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The company also maintains a comprehensive whistleblower policy, including a Fraud and Ethics Hotline (1-800-826-6762) for reporting concerns, and explicitly prohibits retaliation against employees who make good-faith reports.
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Employees can contact the General Counsel or Human Resources with concerns.
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, and the Audit Committee can be contacted anonymously via the hotline for accounting matters.
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Kind to Animals
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No evidence was found in the provided articles to assess Havertys against any of the 'Kind to Animals' KPIs. The articles discuss general sustainability initiatives like energy reduction and recycling
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, and a partnership with an animal shelter for pet adoption
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, but these do not provide specific data points relevant to cruelty-free certifications, animal testing, humane operations, wildlife conservation, ethical input substitution, supplier audits, cage-free sourcing, or animal welfare policies and investments.
No War, No Weapons
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No evidence available to assess Havertys on No War, No Weapons.
Planet-Friendly Business
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The company has reported no specific regulatory actions, violations, fines, or compliance issues.
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It achieved a 29% reduction in electric energy usage by 2013 against a 25% goal, and a 22% reduction in Energy Use Intensity by 2015 against a 20% goal.
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By 2018, electric energy reduction reached 46%, contributing to a 28% energy performance improvement since 2011.
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The company recycled 68.1 million lbs of cardboard, 9.7 million lbs of plastic, and 3.9 million lbs of Styrofoam.
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It installed solar projects in Greenville, SC in 2015 and Charleston, SC in 2018, and replaced store lamps with LEDs, extending lifespan from 1 to 12.5 years.
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Havertys was recognized as a Better Buildings Challenge Goal Achiever in 2016 and the second-highest energy saver among multi-state retailers in the 2018 BBI Better Buildings Progress Report.
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However, the company does not report publicly available carbon emissions data or specific reduction targets.
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Respect for Cultures & Communities
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No evidence available to assess Havertys on Respect for Cultures & Communities.
Safe & Smart Tech
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Havertys has reported no material impact from cybersecurity threats or incidents to date.
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The company provides security awareness training to employees, with additional training for specific roles.
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Users can modify and delete their account information through the 'MyHavertys' section.
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Havertys engages third-party cybersecurity companies for periodic assessments
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and has processes in place to comply with privacy and security laws, including references to GDPR and CCPA.
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Zero Waste & Sustainable Products
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Havertys has received annual recognition for recycling excellence from Avangard Innovative since 2014.
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The company has recycled 68.1 million pounds of cardboard, 9.7 million pounds of plastic, and 3.9 million pounds of Styrofoam.
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Since 2012, 81 million pounds of waste have been converted to energy, and the company has invested $1 million in recycling equipment.
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