Ethics. Integrity. Performance.

Sound corporate governance is foundational to our business.  Through good governance practices, we build trust with our stakeholders and drive strong operational and financial performance. 

Our actions are guided by our values and supported by a clear governance framework that includes robust policies, practices and systems that provide proper oversight and accountability. We are committed to maintaining the highest standards of corporate governance and risk management in our activities. 


Good governance builds trust  with our stakeholders and communities.

Guiding principles


Ensure appropriate focus and oversight of corporate strategies and practices

  • Ensure mandates of the Board and its sub-committees provide the necessary oversight of the responsibilities of the Board, including oversight of the components of ESG.
  • Evaluate and assess progress towards delivery on goals and targets established in ARC’s corporate ESG framework.

Continually improve governance structure and processes

  • Evaluate industry best practices for Board activities, risk management, corporate governance and ESG matters, and ensure a strong leadership position is maintained in all areas.

Ensure strong link between executive compensation and performance, including assessment of ESG metrics

  • Link executive compensation to performance metrics in the Corporate Performance Scorecard, which includes ESG measures.

Goals and targets

ESG oversight

  • Ensure appropriate Board oversight on ESG matters through sub-committees
  • Expand scope of third-party assurance of key ESG performance metrics
  • Incorporate key performance metrics, including ESG-related metrics, into the Corporate Performance Scorecard to determine executive compensation

Diversity, equity and inclusion

  • Maintain Board structure of independent directors including the Board Chair
  • Promote diversity and inclusion and continue with the established target of 30 per cent female representation on the Board and in Management

Performance highlights


8 of 10

directors are independent



directors are women



directors meeting attendance



shareholders voted in favour of say-on-pay

*Highlights based on data from 2023 ESG update.

Business ethics

Our reputation and integrity depend on every employee, officer, director and representative working on behalf of our Company. Our Code of Business Conduct and Ethics outlines our commitment to ethical and safe conduct. Every year, staff are required to review and sign-off on this code, to confirm their understanding and commitment to acting in a manner consistent with our core values

Destinee Lock out tag out (5)

Risk management across all aspects of our business has been a hallmark for ARC. We have a robust risk management process, which plays a central role in the development of our strategic plan. Our Board of Directors and Management team are primarily responsible for the identification of the principal risks of the business, and ensuring all reasonable steps are taken to implement appropriate mitigation plans, systems, and procedures.  We monitor 5 categories of organizational risk: 






Culture, Organization & Systems




Business Environment

Our Board of Directors is responsible for the stewardship of our Company to ensure its long-term success through the execution of our strategy and guiding principles. Learn about our approach to Governance and the role the Board plays.

Learn more

For more information on our emissions management program and performance, read our 2023 ESG Update or review our comprehensive 2022 ESG Report.


January 25, 2023

Supporting mental health

/ News
January 27, 2022

ARC included in the Bloomberg Gender-Equality Index for a second consecutive year

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