Nova LifeStyle IncNova LifeStyle Inc - ESG Rating & Company Profile powered by AI

Industry Group:Household Durables

This article contains a Q&A section about Nova LifeStyle Inc. The SDG rating for Nova LifeStyle Inc represents its reporting of the United Nations SDGs. The Disclosure score includes seventeen UN SDGs including: 'Good Health & Wellbeing', 'Responsible Production & Consumption' and 'Life below Water'.

Nova LifeStyle Inc in the Household Durables industry gained a UN SDG ESG Transparency Score of 2.2; made up of an environmental score of 4.0, social score of 0.0 and governance score of 2.7.

SDG Transparency Score for Nova LifeStyle Inc 

2.2

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Nova LifeStyle Inc 
4.0

Environmental

0.0

Social

2.7

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Sony Group Corp
9.1
High
2Countryside Properties PLC
8.6
High
.........
431Ningbo Daye Garden Machinery Co Ltd
2.3
Medium
431Yimikang Tech Group Co Ltd
2.3
Medium
435Nova LifeStyle Inc
2.2
Medium
435Haatz Inc
2.2
Medium
435Aventa AG
2.2
Medium
.........
653Wuxi Little Swan Co Ltd
0.0
Low
653Yangzhou Seashine New Materials Co Ltd
0.0
Low
.........
View the full peer group of 780 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Nova LifeStyle Inc have an accelerator or VC vehicle to help deliver innovation?

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Does Nova LifeStyle Inc disclose current and historical energy intensity?

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Does Nova LifeStyle Inc report the average age of the workforce?

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Does Nova LifeStyle Inc reference operational or capital allocation in relation to climate change?

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Does Nova LifeStyle Inc disclose its ethnicity pay gap?

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Does Nova LifeStyle Inc disclose cybersecurity risks?

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Does Nova LifeStyle Inc offer flexible work?

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Does Nova LifeStyle Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Nova LifeStyle Inc disclose the number of employees in R&D functions?

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Does Nova LifeStyle Inc conduct supply chain audits?

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Does Nova LifeStyle Inc disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Nova LifeStyle Inc conduct 360 degree staff reviews?

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Does Nova LifeStyle Inc disclose the individual responsible for D&I?

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Does Nova LifeStyle Inc disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Nova LifeStyle Inc disclose current and / or historical scope 2 emissions?

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Does Nova LifeStyle Inc disclose water use targets?

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Does Nova LifeStyle Inc have careers partnerships with academic institutions?

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Did Nova LifeStyle Inc have a product recall in the last two years?

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Does Nova LifeStyle Inc disclose incidents of discrimination?

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Does Nova LifeStyle Inc allow for Work Councils/Collective Agreements to be formed?

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Has Nova LifeStyle Inc issued a profit warning in the past 24 months?

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Does Nova LifeStyle Inc disclose parental leave metrics?

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Does Nova LifeStyle Inc disclose climate scenario or pathway analysis?

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Does Nova LifeStyle Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Nova LifeStyle Inc disclose the pay ratio of women to men?

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Does Nova LifeStyle Inc support suppliers with sustainability related research and development?

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Does Nova LifeStyle Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Nova LifeStyle Inc reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Nova LifeStyle Inc involved in embryonic stem cell research?

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Does Nova LifeStyle Inc disclose GHG and Air Emissions intensity?

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Does Nova LifeStyle Inc disclose its waste policy?

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Does Nova LifeStyle Inc report according to TCFD requirements?

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Does Nova LifeStyle Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Nova LifeStyle Inc disclose energy use targets?

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Does Nova LifeStyle Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Nova LifeStyle Inc have a policy relating to cyber security?

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Potential Risks for Nova LifeStyle Inc
These potential risks are based on the size, segment and geographies of the company.

Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living rooms, dining rooms, bedrooms, and home offices. Its products include sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards. The company also provides physiotherapeutic jade mats for use in therapy clinics, hospitality, and real estate projects. It distributes its products under the Diamond Sofa brand directly, as well as through internet sales and online marketing campaigns, and participation in exhibitions and trade shows primarily to furniture distributors and retailers. The company was formerly known as Stevens Resources, Inc. Nova LifeStyle, Inc. was founded in 2003 and is headquartered in Commerce, California.

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