Better Health for All

Bassett Furniture's core products, home furnishings, have no significant positive or negative health impact, resulting in a neutral score for health_impact_core. The company does not offer health-related products or services, making price_accessibility not applicable.

For risk_transparency, Bassett Furniture provides warnings about potential chemical exposures, such as formaldehyde, acetaldehyde, and nickel, in various product categories, linking to California Proposition 65 warnings. They also list specific product types with associated chemical warnings, demonstrating comprehensive risk disclosures. For healthcare_education, Bassett Furniture supports breast cancer research, education, screening, and treatment through the Susan G. Komen Breast Cancer Foundation, with 15% of funds allocated to local education, screening, and treatment, and another 15% to website support, indicating basic health education reaching limited audiences.

Fair Money & Economic Opportunity

The Bassett Furniture Credit Card has a Purchase APR of 34.99% for new accounts and a Penalty APR of 39.99%.

The company's financing article states that the total amount paid will never increase and offers flexible payment schedules, but the products require high school level reading (grade 11-12) with minimal simplification efforts.

Fair Pay & Worker Respect

In 2021, the CEO to median employee pay ratio was 45:1.

Employee reviews on Glassdoor indicate an overall satisfaction rating of 3.7 out of 5 stars, which translates to approximately 74% engagement. While the company has documented workplace safety violations in 2021 and earlier, no violations are reported within the past three years (July 2022 - July 2025).

Honest & Fair Business

Bassett Furniture Industries, Inc. has had zero financial restatements in the past five years, with the last reported restatement occurring in 2005.

The company's consolidated financial statements as of November 25, 2023, and for the fiscal year then ended, were reported on by Ernst & Young, LLP, and unaudited but reviewed consolidated financial statements for the interim period ended March 2, 2024, were also provided, indicating 100% audit coverage of the consolidated entity. The company states it maintains policies and procedures designed to promote and achieve continued compliance with applicable Sanctions and Anti-Corruption Laws. Furthermore, all factories supplying products to Bassett Furniture are required to meet security measures qualifying for US Homeland Security & C-TPAT certification, and Bassett Furniture Industries, Inc. is CTPAT Tier II certified and verified compliant.

Kind to Animals

No specific, concrete data points were found in the provided articles to assess Bassett Furniture Industries, Incorporated against any of the 'Kind to Animals' KPIs. While some articles mention a single product being 'cruelty-free' and using 'ethically sourced' bone material from naturally deceased animals, this information does not provide the quantitative data required by the rubric for any KPI, such as certification details, percentages of products across the entire portfolio, or specific animal welfare practices.

General environmental initiatives like tree planting are not considered relevant to animal welfare under this value's definition.

Planet-Friendly Business

The company has no mentioned environmental compliance violations.

It has achieved a 10% reduction in carbon emissions through the use of biodegradable packaging, which is used for 80% of its shipments.

Respect for Cultures & Communities

Bassett Furniture has no reported cultural appropriation incidents.

The company trains its managers on how to prevent, recognize, and respond to inappropriate behavior, but there is no information on the percentage of all employees completing cultural sensitivity training.

Safe & Smart Tech

Bassett Furniture experienced a data breach between July 2021 and September 2023, potentially exposing personal information of approximately 7,614 individuals.

A settlement for this breach was preliminarily approved in October 2024. Additionally, the company detected unauthorized activity on its IT systems on July 10, 2024, which involved data encryption and led to manufacturing facilities being shut down. The company believes consumer personal information was not compromised in this 2024 incident. Bassett Furniture filed SEC 8-K reports regarding the 2024 incident on July 15, 2024, and August 5, 2024, demonstrating compliance with reporting requirements.

Zero Waste & Sustainable Products

Bassett Furniture Industries, Inc. demonstrates circular design considerations by using milled lumber strips that cannot be used in furniture to produce artisan-crafted cutting boards.

The company has implemented waste reduction initiatives, including the installation of dust collection and dustbin systems in 1971, and in 1999 agreed to install and operate 14 baghouse filters at four plants and conduct a $30,000 evaluation of pollution prevention options. In 1997, the EPA issued violation notices to Bassett for federally enforceable Virginia limits on particulate pollution at two plants, leading to a $575,000 penalty. As part of a 1999 settlement, Bassett agreed to an environmental management plan that includes regular auditing at all facilities for compliance with environmental requirements and a one-time audit of air pollution requirements at all Virginia facilities. The company committed to a waste reduction target in 1999, with the baghouse filters project potentially reducing particulate emissions by up to 352 tons annually. Bassett offers furniture products from manufacturers with strong environmental commitments and clear sustainability initiatives, including producing quality, long-lasting products using sustainable materials, indicating product durability at industry standard. This also implies basic waste requirements for key suppliers.