Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Ergonomics

Environmental Achievements

• Up to 33% less power consumption than conventional LCD monitors with the same size and resolution
• 100% less mercury content (mercury free)
• Arsenic-free glass
• Meets low halogen requirement
• 30% of the total weight of all plastics in the product consist of post-consumer content plastic resins
• Packaging contains up to 92% recycled materials
• Rated EPEAT Gold

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: TCO Certified Edge Display 1.0, EPEAT, ENERGY STAR 5.0, MPR-2, ISO 9241-307

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to COVID-19
• Intense competition in the e-commerce market
• Decline in demand for IT and CE products
• Loss of key employees
• System interruptions
• Maintaining strong vendor relationships
• International sales and operations risks
• Past net losses
• Adapting to technological changes
• Seasonality of business
• Dependence on internet infrastructure
• Managing growth effectively
• Adverse changes in vendor payment terms
• Importation delays and costs
• Protecting intellectual property rights
• Product liability claims
• Tax assessments from audits
• Impact of tariffs and economic proposals
• Compliance with NASDAQ Listing Rules

Mitigation Strategies

• Implementing measures to ensure compliance with public company rules
• Developing alternative sourcing strategies
• Investing in technology and infrastructure upgrades
• Focusing on high-margin products
• Improving customer service
• Strengthening vendor relationships
• Implementing disaster recovery plans
• Improving inventory management
• Expanding into new product categories and markets
• Pursuing strategic partnerships
• Increasing service offerings
• Improving operational and financial systems
• Vigorously protesting tax assessments
• Monitoring changes in laws and regulations

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• No. 4 on Forrester’s 2019 Net Promoter Score for Digital Retailers
• No. 8 on 2019 Twice Top 100 CE Retailers
• No. 7 on the Multiorders 2019 Most Popular Online Marketplaces
• No. 26 on the Digital Commerce 360 2020 Top 1000 E-retailers
• No. 33 on the Digital Commerce 360 2020 Online Marketplaces Report
• No. 5 on Newsweek’s 2020 List of Best Online Shops – Consumer Electronics
• Google Trusted Store
• Better Business Bureau Accredited business (A+)

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Material weaknesses identified in internal control over financial reporting.
• Decline in consumer spending on technology products due to economic uncertainty and recession fears.
• Increased cost of components, labor, and freight due to inflation.
• Supply chain disruptions.
• Intense competition in the e-commerce market.

Mitigation Strategies

• Hired qualified resources to oversee risk assessment and remedial actions.
• Contracted with a firm to support management’s remedial actions.
• Conducted internal control trainings.
• Enhanced controls over review and approval of technical memorandums.
• Implemented aggressive promotions to move excess inventory.
• Workforce optimization measures.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Physical and transition risks related to climate change, such as severe weather events and regulatory and reputational risks

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• severe weather events

Transition Risks

• regulatory and reputational risks