2024 GOALS AND KEY PERFORMANCE INDICATORS
Environment
Corporate
Goal: Achieve a perfect SMCRA environmental compliance record each and every year
Goal: Achieve Level A verification under the globally recognized Towards Sustainable Mining standard at a second metallurgical mine by 2025
Climate
Goal: Direct more than 80 percent of capital spending towards metallurgical segment during the five-year period that began in 2023
Water
Goal: Achieve a 100-percent compliance record for water quality management each year
Land/Biodiversity
Goal: Maintain a cash balance in thermal mine reclamation fund sufficient — on a present value basis — to cover final closure costs at the Black Thunder surface mine in Wyoming
Goal: Place at least one large tract of land into a conservation easement by 2025 in support of wildlife populations and the natural ecosystem
Waste
Goal: Complete third-party assessments at each active impoundment — as well as at inactive impoundments yet to enter final reclamation status — in 2024 and annually going forward
Social
Safety
Goal: Achieve a perfect safety record — with zero lost-time incidents and zero fatalities — each and every year
Interim Goal: Achieve a lost-time incident rate of 1.07 or less (per 200,000 employee-hours worked) in 2024, which is two times better than the 2023 coal industry average
Governance
Goal: Conduct formal shareholder 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