Goals and Key Performance Indicators
Environment
Corporate
- Achieve a perfect environmental compliance record each and every year
- Achieve ResponsibleSteelTM certification at one or more of the corporation’s metallurgical mines by 2025
Climate
- Direct more than 80 percent of capital spending towards metallurgical segment over the course of the next five years
Water
- Achieve a 100-percent compliance record for water quality management each year
- Use recycled water to reduce new water withdrawals from all sources by an aggregate of at least 30 percent in the 2023–2025 period
Land / Biodiversity
- Maintain a cash balance in our thermal mine reclamation fund sufficient — on a present value basis — to cover final closure costs at the company’s Black Thunder surface mine in Wyoming
- Place at least one large tract of land into a conservation easement by 2025 in support of wildlife populations and the natural ecosystem
Waste
- Complete third-party assessments at each of Arch’s active impoundments — as well as at its inactive impoundments yet to enter final reclamation status — in 2023 and annually going forward
Social
Safety
- Achieve a perfect safety record — with zero lost-time incidents and zero fatalities — each and every year
- Interim target: Achieve a lost-time incident rate of 1.17 or less (per 200,000 employee-hours worked) in 2023, which is roughly 2.5 times better than the 2022 coal industry average
- Inspire an aggregate of 500,000 or more employee-driven safety observations in the 2023–2025 period, in alignment with Arch’s behavior-based safety culture
People
- Implement an expanded Arch C.A.R.E.S. initiative to further engrain inclusion and mutual respect into the Arch culture
Governance
Governance
- Conduct formal outreach and seek to engage the owners of at least 50 percent of Arch’s equity each year to solicit input on key governance matters such as executive compensation, corporate governance, ESG-related execution, and other current/emerging issues
