Tech solutions group Maptek has confirmed a strategic investment in Australian resource governance and compliance company K2fly that the two say will have a positive impact on the industry’s environmental, social and governance (ESG) compliance, disclosure and assurance.
Financial details were not disclosed, but as part of the investment Maptek Chairman Peter Johnson will join the K2fly board as a non-executive director.
Johnson said the solutions of K2fly complement its own approach and permits its customers’ interaction with stakeholders including local communities, traditional owners, the investment community, regulators and the environment “in an improved fashion” while delivering technical solutions, which it always has, that increase accuracy, safety and efficiency of decision-making for miners.
“They do this by leveraging technology to ensure the ESG and reporting expectations of the community are met, as well as providing a sustainable platform for enhancement.”
“K2fly is the leader in the field of creating and delivering the technology solutions to enable that, and sharing our expertise is the ideal way for Maptek to support that effort,” Johnson added.