Arq Publishes its First-Ever ESG Report: A Milestone in Sustainability
Written byAInvest Visual
Wednesday, Sep 25, 2024 8:21 am ET1min read
ARQ--
Arq, Inc., a leading producer of activated carbon and other environmentally efficient carbon products, has published its inaugural Environmental, Social, and Governance (ESG) Report. This significant milestone underscores the company's commitment to driving positive environmental impact, employee well-being, and responsible governance. The report provides a comprehensive assessment of Arq's ongoing efforts in these areas, building upon the previously published 2023 ESG Overview Tear Sheet.
Key highlights from the report include:
1. **Environmental Impact:**
* Arq has developed a proprietary process to reclaim, purify, and recycle waste coal fines, ensuring sustainability from sourcing to product impact.
* The company prioritizes water efficiency and recycling at its manufacturing facilities, continually striving to improve resource management.
* Arq's manufacturing process maximizes energy reuse, with the Red River facility consistently exporting more electricity than it consumes.
2. **Social Responsibility:**
* Arq maintains a strong commitment to safety, with a core value of "safety is never compromised" upheld across all levels of the organization.
* The company fosters a culture of inclusivity, respect, and affirmation, uniting its workforce and encouraging collective achievement.
* Arq's team-building activities connect employees while also fostering community service across its sites.
3. **Governance:**
* Arq is committed to the highest standards of corporate governance, ensuring integrity in all aspects of its business while driving growth, sustainability, and performance.
* The company's ESG program is run by a multi-functional team, 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, operating with honesty, fairness, and integrity at every level.
The publication of Arq's 2023 ESG Report further illustrates the company's unwavering commitment to the environmental technology sector and reflects the strides it has made in addressing key environmental and social challenges. As Arq looks ahead, it remains dedicated to refining its ESG practices, improving operational efficiencies, and enhancing the experience it offers to its employees and stakeholders.
Arq's mission to drive environmental innovation through responsible corporate governance, ethical business practices, and a strong commitment to stakeholders is evident in its ESG Report. By publishing this comprehensive assessment, Arq demonstrates its commitment to transparency, accountability, and continuous improvement in its sustainability efforts.
Key highlights from the report include:
1. **Environmental Impact:**
* Arq has developed a proprietary process to reclaim, purify, and recycle waste coal fines, ensuring sustainability from sourcing to product impact.
* The company prioritizes water efficiency and recycling at its manufacturing facilities, continually striving to improve resource management.
* Arq's manufacturing process maximizes energy reuse, with the Red River facility consistently exporting more electricity than it consumes.
2. **Social Responsibility:**
* Arq maintains a strong commitment to safety, with a core value of "safety is never compromised" upheld across all levels of the organization.
* The company fosters a culture of inclusivity, respect, and affirmation, uniting its workforce and encouraging collective achievement.
* Arq's team-building activities connect employees while also fostering community service across its sites.
3. **Governance:**
* Arq is committed to the highest standards of corporate governance, ensuring integrity in all aspects of its business while driving growth, sustainability, and performance.
* The company's ESG program is run by a multi-functional team, 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, operating with honesty, fairness, and integrity at every level.
The publication of Arq's 2023 ESG Report further illustrates the company's unwavering commitment to the environmental technology sector and reflects the strides it has made in addressing key environmental and social challenges. As Arq looks ahead, it remains dedicated to refining its ESG practices, improving operational efficiencies, and enhancing the experience it offers to its employees and stakeholders.
Arq's mission to drive environmental innovation through responsible corporate governance, ethical business practices, and a strong commitment to stakeholders is evident in its ESG Report. By publishing this comprehensive assessment, Arq demonstrates its commitment to transparency, accountability, and continuous improvement in its sustainability efforts.
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