Qeeka Home (Cayman) Inc.

Climate Impact & Sustainability Data (2022)

Total Carbon Emissions:2592.16 tCO2e/year

Scope 1 Emissions:22.97 tCO2e/year

Scope 2 Emissions:569.20 tCO2e/year

Total Energy Consumption:1903.03 MWh/year

Water Consumption:4916 tonnes/year

Waste Generated:351.56 tons/year

Installed LED lamps in customer service centers, warehouses, and headquarters offices to reduce energy consumption
Implemented paperless office, double-sided printing, and reuse of waste paper to reduce waste
Implemented waste sorting and disposal by municipal health departments

Launched the “Qijia Safety Insurance Service” to indemnify users for decoration damage and other issues
Held the fifth Qeeka Home & Carpoly designer competition
Conducted several employee trainings to improve business capabilities
Assisted rural education construction through the “Passing love, the renewable computer classroom” project

Established a whistle-blowing policy
Implemented an Anti-Corruption Policy with internal reporting channels and training
Addressed 3 major corruption cases during internal investigations and terminated employment contracts with the employees involved

The change of macro environment, the downturn in the real estate market and the repeated outbreak of the epidemic triggered a series of chain reactions, which brought certain challenges to our business development.
Merchants and suppliers were affected by the repeated outbreak of the epidemic.
The downturn in the real estate market and the shortage of capital chain of real estate developers.
The repeated COVID-19 epidemic and lockdown measures in the first half of the year, coupled with the nationwide epidemic repeated outbreak in the fourth quarter, it had a serious impact on both the user side and the merchant side.

Adjusted the strategic direction of the self-operated decoration business, and recreated the mid-to-high-end decoration brand “Brausen” and the partial renovation brand “Youzi”
Adjusted the strategic direction of the public decoration brand “Jumei” and reduced the bidding of the refined customized service for real estate developers.
Optimized digital tools, including site management, marketing, customer service, material supply, etc., to help merchants improve operational efficiency, reduce operating costs and enhance customer experience.
Established our private brand to reduce cost of sales
Upgraded the Qijiabao service in the SaaS tool for Brausen’s users to monitor site work online
Launched the partial renovation brand “Youzi” in Shanghai
Successfully cooperated with hotel operators to participate in the public decoration of Hotel Indigo and Jubao Hotel, and also cooperated with BYD company to participate in the interior decoration services of its 4S stores

Supplier Audits: Quarterly reviews of suppliers’ performance

Strict review of business qualifications and franchisee reputation prior to partner confirmation and brand franchising
Formulated the Regulation for Review of Partner Qualification and the Criteria for Assessment of Partner Qualification
Formulated standards such as the Franchising and Accommodation Standards and the Confirmation Letter of Franchising Information
Require Nola to select legitimate distributors who own good business reputation and have no speculative behaviour or bad credit record as business partners

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities)

Eco-friendly products meeting European environmental protection standards (DVGW, WRAS, Nordic Swan Ecolable, IAC-GOLD)