Arq Publishes its First-Ever ESG Report
25 September 2024 - 10:15PM
Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of
activated carbon and other environmentally efficient carbon
products, today announced the publication of its inaugural
Environmental, Social, and Governance (ESG) Report. This report
builds upon the Company’s previously published 2023 ESG Overview
Tear Sheet and provides a comprehensive assessment of Arq’s ongoing
efforts to drive positive environmental impact, employee
well-being, and responsible governance.
"The release of our 2023 ESG Report further
illustrates our unwavering commitment to the environmental
technology sector and reflects where we are and the strides we've
made in addressing key environmental and social challenges," said
Bob Rasmus, CEO of Arq. "As we look ahead, we remain committed to
refining our ESG practices, improving operational efficiencies, and
enhancing the experience we offer our employees and
stakeholders."
Key Highlights from the report include:
Environmental Impact:
- Arq has
developed a proprietary process to reclaim, purify, and recycle
waste coal fines, ensuring sustainability from sourcing to product
impact.
- Arq’s products
are designed to enhance access to high-quality water. We prioritize
water efficiency and recycling at our manufacturing facilities,
continually striving to improve our resource management.
- Energy
efficiency is central to our operations. Arq’s manufacturing
process maximizes energy reuse, with our Red River facility
consistently exporting more electricity than it consumes.
Social Responsibility:
- "Safety is never
compromised" remains a core value at Arq, upheld across all
levels—from frontline operators to lab technicians, customer
relations, and C-Suite leaders.
- We believe that
our success depends on our people. By fostering a culture of
inclusivity, respect, and affirmation, we unite our workforce and
encourage collective achievement.
- Engagement is
vital to our sustainability. Our team-building activities connect
employees while also fostering community service across our
sites.
Governance:
- We are committed
to the highest standards of corporate governance, ensuring
integrity in all aspects of our business while driving Arq’s
growth, sustainability, and performance.
- Our ESG program
is run by multi-functional team composed of dedicated individuals,
overseen by a dedicated team, led by an executive officer and
monitored by the Nominating and Governance Committee to ensure best
practices, data accuracy, and continuous improvement.
- Arq holds itself
accountable to a broad range of stakeholders, including customers,
suppliers, employees, and investors, operating with honesty,
fairness, and integrity at every level.
The full 2023 ESG Report is available for
download at Arq’s Sustainability Page.
This report comes on the heels of the Company's
2023 ESG Overview Tear Sheet, reinforcing Arq’s mission to drive
environmental innovation through responsible corporate governance,
ethical business practices, and a strong commitment to
stakeholders.
About Arq
Arq (NASDAQ: ARQ) is a diversified,
environmental technology company with products that enable a
cleaner and safer planet while actively reducing our environmental
impact. As the only vertically integrated producer of activated
carbon products in North America, we deliver a reliable domestic
supply of innovative, hard-to-source, high-demand products. We
apply our extensive expertise to develop groundbreaking solutions
to remove harmful chemicals and pollutants from water, land and
air. Learn more at: www.arq.com.
Investor Contact:Anthony Nathan, ArqMarc
Silverberg, ICRinvestors@arq.com
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