Artesian Resources Corporation.
ARTNA.US | Water collection, treatment and supply
Artesian Resources Corporation is a holding company that, through its subsidiaries, provides water, wastewater, and other related services on the Delmarva Peninsula. The company operates through three segments: Water, Wastewater, and Other. The Water segment provides water service through distributi...Show More
Better Health for All
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Artesian Water Company's core service, water provision, has a mixed health impact. While its tap water was in compliance with federal health-based drinking water standards from April to June 2024, it contained multiple contaminants exceeding EWG Health Guidelines by significant margins, such as Haloacetic acids (HAA9) at 415 times and Perfluorohexane sulfonate (PFHXS) at 424 times the guideline.
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On November 5, 2024, Artesian detected PFOS at 5.1 ppt and PFOA at 21.4 ppt, which exceed the EPA's new Maximum Contaminant Levels (MCLs) of 4 ppt for both, expected to be enforceable in 2029.
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These PFAS chemicals are linked to various cancers and other serious health issues.
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The company received $7.2 million from a 3M settlement for PFAS contamination, which will be used to offset treatment costs, and customers will receive an approximate $73 credit.
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Artesian has invested $3.9 million in PFAS treatment equipment at 10 facilities by the end of 2023 and plans an additional $16.4 million investment in 2024 for PFAS treatment.
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The company has been proactively treating for PFAS for a decade, ensuring levels were below the EPA's *previous* health advisory level.
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Artesian is moving forward with a request for higher water rates.
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While the company provides annual Water Quality Reports, a legal firm has urged for greater transparency regarding PFAS findings.
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Artesian's operations contribute to health externalities through PFAS contamination, which are environmentally persistent chemicals.
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The company's proactive monitoring and treatment of PFAS are preventative health measures.
Fair Money & Economic Opportunity
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No evidence available to assess Artesian Resources Corporation on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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In 2024, the company's CEO to median employee compensation ratio was 9:1, with the CEO's total compensation at $881,718 and the median employee compensation at $100,343.
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Fair Trade & Ethical Sourcing
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No specific, concrete data points related to fair trade and ethical sourcing, such as fair-trade certification share, audit frequency for suppliers, forced or child labor incidents, supply chain traceability, remediation speed for violations, ethical clause coverage in supplier contracts, materials risk index, or supplier diversity spend, were found in the provided articles for Artesian Resources Corporation.
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Honest & Fair Business
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Artesian Resources Corporation's Code of Ethics for senior financial officers emphasizes ethical conduct, including honesty, integrity, conflict of interest avoidance, accurate reporting, and compliance with laws and regulations.
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The code details reporting procedures for suspected violations, offering various contact methods (website, toll-free phone numbers, email, fax) and the option for anonymity.
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However, the articles do not provide specific details on the policy's enforcement, training frequency, or evidence of independent investigation processes for whistle-blower reports. The anti-corruption aspects are mentioned generally as 'conflict of interest avoidance' and 'compliance with laws and regulations', but there is no specific guidance on facilitation payments or gift thresholds.
Kind to Animals
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Artesian Resources Corporation is a service-oriented company providing water and wastewater services.
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The provided articles focus on water quality, infrastructure investments, and regulatory compliance related to water services. There is no evidence to suggest the company manufactures products, conducts animal testing, sources animal-derived ingredients, or engages in animal agriculture. Therefore, all KPIs related to cruelty-free certification, alternative testing, humane operations, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policies or volume, innovation in animal-free technologies, animal agriculture ethics, and animal-free R&D collaboration are not applicable to its business model. Similarly, there is no evidence of engagement in public policy specifically related to animal welfare. While one article mentions a wastewater facility that replaces discharge into a creek,
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there are no measurable biodiversity impacts, species recovery, or habitat restoration metrics provided to score the 'wildlife_conservation_impact' KPI.
No War, No Weapons
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Artesian Resources Corporation's core business is explicitly stated as providing water and wastewater services, with regulated water and wastewater operations being its primary revenue drivers.
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This indicates no defense or arms-related activities in its core business.
Planet-Friendly Business
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No specific, concrete data points were found for any of the KPIs in the provided articles. Information regarding carbon emissions, renewable energy usage, water consumption, waste diversion, or other environmental performance metrics is not publicly available.
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Respect for Cultures & Communities
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The company has no reported cultural appropriation incidents in the provided articles.
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Given the nature of its water and wastewater utility business, this KPI is considered not applicable in terms of active incidents.
Safe & Smart Tech
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The company provides internal cybersecurity training for all employees, with enhanced training for IT and OT networks.
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It uses multi-factor identification for system sign-on for remote access and supported third-party hosted systems.
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The company mentions ISO/IEC 27001 as a security standard and states that encryption is used for data at rest.
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It outlines user rights to correct, delete, block, access, or copy data.
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The company has a documented risk assessment and management program, regularly reviews and audits its cybersecurity plan, and assesses vulnerabilities and threats.
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It has worked with a federal agency to conduct a cybersecurity assessment.
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The company states it understands and manages legal and regulatory requirements regarding cybersecurity, including privacy and civil liberties obligations, and explicitly addresses GDPR compliance and UK data protection laws.
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Zero Waste & Sustainable Products
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Artesian Resources Corporation provides nearly 3 million gallons of reclaimed wastewater per day during peak season for irrigation to farmers in Middletown, demonstrating a waste reduction initiative with measurable results.
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Additionally, the company's Stonewater Creek Wastewater Treatment Facility has achieved a reduction in groundwater nitrate levels from an average of 15 ppm to below 6 ppm over 10 years, indicating excellent hazardous waste management with a minimization focus.
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