Arq Publishes its Inaugural ESG Overview

Important milestone as Arq continues transition to an environmental technology company with a core focus on maximizing shareholder value, sustainability and driving positive change for all stakeholders

GREENWOOD VILLAGE, Colo., May 22, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the publication of its inaugural Environmental, Social, and Governance (ESG) Overview. This initial overview outlines the Company's initiatives in key areas, including employee well-being, sustainable products and services, environmental stewardship and responsible corporate governance. It is anticipated that the Company's full ESG report will be published in the second half of 2024.

"The publication of our inaugural ESG Overview represents another milestone in our transition to an environmental technology company and provides critical disclosures and information related to areas important to us and our stakeholders,” said Bob Rasmus, CEO of Arq. "We are proud of the progress we have made and remain committed to driving shareholder value and positive change for our employees, customers, communities and the environment."

The ESG Overview is divided into four main sections:

Our People: Arq is a safety-oriented company with an unwavering commitment to the welfare of its employees and customers. We prioritize the safety and well-being of our workforce and customers through thorough training and policies. Our employees are our most valuable asset, and we ensure their satisfaction by providing competitive compensation, benefits and a healthy work-life balance. We cultivate a diverse, fair and inclusive team, while acknowledging its pivotal role in the prosperity of our employees, business, customers and communities.

Our Products: Arq is committed to developing sustainable products that enable a safer and cleaner planet. We maintain the highest standards of product quality and safety by designing our processes with sustainability as an important consideration, including our unique use of bituminous coal waste in our production process. Our state-of-the-art facilities feature robust testing and automation capabilities that ensure we consistently uphold our commitment to delivering safe and high-quality products to our customers.