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RPMGlobal Holdings (ASX:RUL) acquires environmental management and reporting software

ASX News, Technology
ASX:RUL      MCAP $655.6M
16 December 2021 10:19 (AEDT)

RPMGlobal Holdings (RUL) has entered into an agreement with Eden Suite to acquire a copy of its environmental data management and reporting software, Eden Suite.

RPM is provided with the exclusive worldwide rights to the intellectual property in the software for use in the mining and quarrying industries.

It is the first software solution in a brand-new Sustainability technology vertical for RPM.

Eden Suite has been supporting carbon management and was originally developed to capture the mechanics of annual emissions reporting.

The capability can also be applied to the annual National Pollutant Inventories (NPI) and other regulatory greenhouse gas emission reporting requirements.

It does this by streamlining the capture of usages for anything that creates an emission output for an organisation.

Usages of emissions sources can be manually entered or automatically integrated through direct data linkages.

The solution is designed to make it easier for organisations to proactively track, forecast and subsequently report their emissions outputs.

One of the major challenges faced by miners with emissions reporting is that of data capture.

It is considered a critical component of the regulatory reporting framework.

Eden Suite is configured to mirror how an organisation operates.

Data is captured in a manner allowing for auditability and transparency, which ensures material disclosures relating to carbon are accurately calculated and reported.

RPMGlobal Holdings Limited (RUL) last traded at $2.06 per share before market open on December 16.

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