CALGARY, AB, May 11, 2021 /CNW/ - mCloud Technologies
Corp. (TSXV: MCLD) (OTCQB: MCLDF) ("mCloud" or the
"Company"), a leading provider of asset management solutions
combining IoT, cloud computing, artificial intelligence ("AI") and
analytics, today announced it released its first annual
Environmental, Social, and Governance ("ESG") report, covering the
Company's efforts in 2020.
In addition to covering mCloud's corporate commitment to ESG,
the report also offers insight into mCloud's ongoing mission to
deliver AssetCare™️ to optimize renewable energy assets such as
wind turbines and decarbonize energy-intensive assets in commercial
buildings and high-intensity ESG sectors such as oil and gas.
"Based on the Greenhouse Gas Equivalencies methodology provided
by the US Department of Energy, AssetCare curbed an equivalent
80,000 tons of greenhouse gas using AI to shrink energy waste and
reduce emissions at thousands of commercial and industrial
facilities in 2020," said Dr. Barry
Po, mCloud's Executive Vice President and Chief Marketing
Officer. "We are committed to ESG as a business across the board,
minimizing mCloud's environmental impact through the use of our own
tech, ensuring employee safety is our first priority, and giving
back to the communities where we do business."
To download mCloud's ESG report and learn more about the
Company's solutions for ESG, please visit
https://www.mcloudcorp.com/esg.
About mCloud Technologies Corp.
mCloud is unlocking the untapped potential of energy intensive
assets with AI and analytics, curbing energy waste, maximizing
energy production, and getting the most out of critical energy
infrastructure. Through mCloud's AI-powered AssetCare™ platform,
mCloud offers complete asset management solutions for commercial
buildings, renewable energy, healthcare, heavy industry, and
connected workers. IoT sensors bring data from connected assets
into the cloud, where AI and analytics are applied to maximize
their performance.
Headquartered in Canada with
offices worldwide, the mCloud family includes an ecosystem of
operating subsidiaries that deliver high-performance IoT, AI, 3D,
and mobile capabilities to customers, all integrated into
AssetCare. With over 100 blue-chip customers and more than 59,000
assets connected in thousands of locations worldwide, mCloud is
changing the way energy assets are managed.
mCloud's common shares trade on the TSX Venture Exchange under
the symbol MCLD and on the OTCQB under the symbol MCLDF. mCloud's
convertible debentures trade on the TSX Venture Exchange under the
symbol MCLD.DB. For more information, visit
www.mcloudcorp.com.
SOURCE mCloud Technologies Corp.