Arq, Inc. (NASDAQ: ARQ), a producer of activated carbon and other environmentally efficient carbon products, has released its 2024 Sustainability Report, demonstrating continued leadership in environmental technology, strong financial performance and progress across environmental, social and governance (ESG) priorities.
Chief Executive Officer Bob Rasmus said the year marked a major transformation for the business, combining growth with purpose. “Our 2024 Sustainability Report showcases a transformational year for Arq, where we successfully delivered exceptional financial results while staying true to our mission of enabling a cleaner and safer planet,” he said. “As we advance toward full nameplate granular activated carbon (GAC) production, we remain committed to transparency, innovation and sustainable value creation.”
Key 2024 highlights
Environmental leadership
- Mechanical completion and commissioning of the Red River facility, designed to address PFAS contamination challenges.
- Continued coal waste transformation at the Corbin facility, turning environmental liabilities into useful products.
- Energy-efficiency gains with surplus electricity generation from Red River operations.
- Maintained North America’s only vertically integrated activated carbon supply chain, reducing emissions through domestic production.
Social responsibility
- Zero-fatality safety record across all facilities.
- 202 employees supported through wellness and professional development programmes.
- Expanded community outreach and educational partnerships.
Governance and transparency
- Enhanced Board oversight of ESG through the Nominating and Governance Committee.
- 100% completion rate for ethics and compliance training.
- Broadened stakeholder and investor engagement.
- Collaboration with the US Environmental Protection Agency (EPA) on PFAS regulation and best practice.
Innovation and technology
- Over 140 patents and applications in activated carbon and related technologies.
- Comprehensive R&D programme with testing across more than 100 potential applications.
- Quality excellence with 6,000+ automation points and over 30 quality checks per production batch.
Strategic outlook
The report highlights the growing demand for granular activated carbon solutions following new US EPA PFAS drinking-water standards, which lower limits to 4 parts per trillion by 2030. Arq projects a potential 370-million-pound supply gap, positioning the company for sustained growth across municipal water treatment, industrial air purification and renewable natural-gas markets.
“ESG excellence is integral to our identity as an environmental technology company. Every product we manufacture and every decision we make is guided by our commitment to enabling a cleaner and safer planet while creating sustainable value for our employees, customers, communities and shareholders.”
Bob Rasmus, Chief Executive Officer, Arq
The full 2024 Sustainability Report, including detailed metrics and future commitments, is available to download from Arq’s Sustainability page.
