CareCloud, Inc.
Climate Impact & Sustainability Data (2024-01 to 2024-03)
Reporting Period: 2024-01 to 2024-03
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Lower nonrecurring revenue for medSR resulting in lower overall revenue compared to Q1 2023.
Mitigation Strategies
- Identified approximately $22 million in annualized cost reduction measures, with approximately 75% already implemented. Focus on profitability and free cash flow, supported by operating leverage and improving competitive position.
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: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- CareCloud cirrusAI (generative AI solutions), including appeals product, virtual support assistant, and cirrusAI guide (clinical decision support).
Awards & Recognition
- Not disclosed