MASHINIi

Nova Lifestyle, Inc.

NVFY.US | Manufacture of furniture

Nova Lifestyle, Inc. designs, manufactures, and distributes residential furniture primarily in the United States, Europe, Asia, and internationally. The company offers a range of furniture products, including dining tables, chairs, sofas, beds, and other related items. It operates through various br...Show More

Ethical Profile

Mixed.

Nova Lifestyle, Inc. presents a mixed ethical profile. Environmentally, it reports a 65% reduction in Scope 1 & 2 GHG emissions (from a 2022 baseline) using 88% renewable energy. However, its DitchCarbon score (18) is lower than 83% of industry peers, and Scope 3 data is limited. For worker respect, Glassdoor reviews average 2.9/5 stars, citing low compensation and work/life balance. In ethical sourcing, while 64% of identified conflict mineral smelters are RMI certified, the company admits insufficient origin data, unable to rule out sourcing from the Democratic Republic of Congo or adjoining countries.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-10
-100100
Fair Trade & Ethical Sourcing-40
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

Nova Lifestyle, Inc.'s primary business is furniture, which is generally health-neutral.

1
While the company sells "high-end physiotherapeutic jade mats"
2
and mentions "high-end health furniture,"
3
the articles explicitly state there is no detailed data, product specifications, studies, or clinical data on the actual health impact of these products.
4
Promotional claims about health benefits without verifiable metrics are not considered evidence. Therefore, the net health effect of the company's principal goods and services is considered neutral. There is no evidence of revenue from products with established negative health outcomes.
5

Fair Money & Economic Opportunity

0

No evidence available to assess Nova Lifestyle, Inc on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

-10

The company's employee rating on Glassdoor is 2.9 out of 5 stars, based on 18 reviews, which translates to an engagement score of approximately 58/100.

1
This rating has decreased by 5% over the last 12 months.
2
Compensation and benefits received a rating of 3.2 out of 5 stars, while work/life balance was rated 2.5 out of 5 stars.
3
An employment agreement for Min Su, effective November 14, 2018, is for a one-year term, renewable upon mutual agreement.
4
This indicates that at least some portion of the workforce is on temporary contracts.

Fair Trade & Ethical Sourcing

-40

Nova Lifestyle, Inc. conducted due diligence on conflict minerals (tin, tantalum, tungsten, and gold) for the period of January 1, 2023, to December 31, 2023.

1
The company sent questionnaires to 39 of its largest first-tier suppliers, covering approximately 85% of its 2023 product material expenditures.
2
Despite these efforts, Nova concluded it lacked sufficient information to determine the country of origin for these conflict minerals and could not rule out their origin from the Democratic Republic of Congo or adjoining countries.
3
The report identified 349 smelters/refiners, with 64% certified as conflict-free by the Responsible Minerals Initiative, meaning 36% are not certified.
4
Nova did not perform independent third-party audits of smelter/refiner practices.
5

Honest & Fair Business

0

No specific, concrete data points were found in the provided articles to score any of the KPIs against the rubric's quantitative thresholds. While some articles mention the existence of policies or reports (e.g., Code of Business Conduct and Ethics, ESG Insight Review, whistleblower reporting channels, anti-corruption policy), they lack the specific metrics, scores, financial figures, or enforcement details required for scoring.

1
Allegations of sales to non-existent companies and a class action settlement occurred outside the past three years and are not explicitly defined as regulatory fines.
2

Kind to Animals

0

No data on animal welfare-related metrics is available for Nova Lifestyle, Inc.

1
The provided article explicitly states "No data provided" for all relevant KPIs, focusing instead on the company's furniture business.
2
Therefore, no specific, concrete information regarding its practices related to animal testing, animal-derived ingredients, humane certifications, wildlife conservation, or supplier audits could be found to assess against the rubric.
3

No War, No Weapons

0

No specific, concrete evidence was found in the provided articles to assess Nova Lifestyle, Inc. against any of the KPIs for the 'No War, No Weapons' ethical value. The company's core business is residential furniture, and the articles do not contain information regarding arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any other conflict-related activities or policies.

1
An article discussing conflict minerals was identified, but it pertained to 'Nova Ltd.' and its 'semiconductor manufacturing products,' which does not align with Nova Lifestyle, Inc.'s stated business of residential furniture.
2

Planet-Friendly Business

-40

Nova Lifestyle, Inc. has a carbon reduction target of 18% by 2025, but these targets are not explicitly stated as SBTi-validated.

1
The company sources 88% of its operational energy consumption from renewables, with 75% of its U.S. energy from solar and wind since April 2024, and 100% of its Bad Urach (Germany) facility powered by hydro since November 2024.
2
The company currently uses 22% recycled materials, 8% bamboo, and 5% reclaimed materials, totaling 35% non-virgin materials, and has committed to using 35% recycled materials by 2024.
3
Nova Lifestyle, Inc. has not reported any major environmental compliance violations, but has faced potential penalties for labor and environmental violations, including a potential business license suspension related to the California Transparency Act and $1.2 million in CARB compliance costs.
4

Respect for Cultures & Communities

0

The company has no reported cultural appropriation incidents.

1
Free, Prior and Informed Consent (FPIC) processes and indigenous supplier tracking are not applicable to the company's operations, as indigenous peoples are not mentioned in the provided information.
2

Safe & Smart Tech

0

The company reported no previous cybersecurity incidents that have materially affected it as of March 31, 2025.

1
Nova Lifestyle, Inc. has policies and processes to assess, identify, and manage IT-related risks, including a Risk Assessment Methodology Policy, Information Security Policy, and Incident Response Plan Policy.
2
An IT consultant with 30 years of experience helps manage cybersecurity risks, and the Board, through an independent director, oversees these risks.
3
The company uses two-factor authentication for system access and modern encryption methods for data transfer outside the company.
4
Regular security procedure testing, including data backups, is conducted.
5
Employees receive regular training on data processing and protection.
6
The company applies a data minimization principle and users have rights to access, correct, or delete their personal data.
7
Nova Lifestyle, Inc. complies with Ukrainian data protection law and requires third-party service providers handling sensitive data to adhere to compliance requirements.
8

Zero Waste & Sustainable Products

0

No evidence available to assess Nova Lifestyle, Inc on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.