Teck Celebrates 20 Years of Sustainability Reporting

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today the release of its 20 th annual Sustainability Report. The 2020 Sustainability Report highlights milestone accomplishments in Teck's sustainability performance in addition to detailed information on the company's ESG performance in 2020.

"Teck is committed to responsibly providing the metals and minerals that the world needs for the transition to a low-carbon future," said Don Lindsay, President and CEO. "Our annual Sustainability Report details the progress we've made so far and the ambitious goals we have set for ourselves going forward to continue strengthening our ESG performance."

Teck updated its sustainability strategy in 2020, establishing new long-term objectives supported by shorter-term milestone goals under the following strategic themes: health and safety, climate change, responsible production, employees, water, tailings management, communities and Indigenous Peoples, and biodiversity and reclamation. This includes ambitious goals such as being carbon neutral across our operations by 2050, disposing of zero industrial waste by 2040, and transitioning to the use of seawater or low-quality water for all operations in water-scarce regions by 2040.

"We are working to continually improve our sustainability performance and ensure the benefits of responsible mining are shared with local communities," said Marcia Smith, Senior Vice President, Sustainability & External Affairs. "The COVID-19 pandemic has reinforced how industry, communities, Indigenous Peoples and all stakeholders can work together to tackle big challenges and stay resilient."

Sustainability achievements included:

  • Marked the best health and safety performance year on record in 2020, reducing total recordable injury frequency by 58% since 2010
  • Finalized renewable power supply agreements for operations in Chile which will eliminate a total of 1 million tonnes of greenhouse gas emissions every year
  • Established a $20 million COVID-19 Teck Community Response Fund to support local communities in Canada, Alaska and Chile
  • Reduced greenhouse gas emissions by 414,000 tonnes total since 2011
  • Increased the percentage of women at Teck by 54% since 2012
  • Signed a Joint Management Agreement with the Ktunaxa Nation Council for more than 7,000 hectares of conservation lands in southeastern British Columbia
  • Advanced our innovative approach to managing water quality in the Elk Valley in British Columbia to increase our water treatment capacity more than two and a half times by the end of 2021
  • Achieved up to 13% reduction in fresh water use at our Chilean operations

Teck's 2020 Sustainability Report and Annual Report are available on the Teck website . Other reports available from Teck include its Economic Contribution Report and the TCFD-aligned Portfolio Resilience in the Face of Climate Change report, available on its Disclosure Portal .

About Teck
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, zinc and steelmaking coal, as well as investments in energy assets. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources .

Teck Media Contact:
Chris Stannell
Public Relations Manager
604.699.4368
chris.stannell@teck.com

Teck Investor Contact:
Fraser Phillips
Senior Vice President, Investor Relations and Strategic Analysis
604.699.4621
fraser.phillips@teck.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

The Conversation (0)
Teck Resources Limited Class A Multiple Voting Shares

Teck Resources Limited Class A Multiple Voting Shares

Teck is a diversified miner with coal, copper, zinc, and oil sands operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, closely followed by copper, with zinc and oil sands contributing smaller amounts to earnings. Teck ranks as the world's second- largest exporter of seaborne metallurgical coal and is a top-three zinc miner. It is building a major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, which will increase Teck's attributable copper production by around 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper.

Textured copper ribbons weave over a black background.

​Copper​ Market Hit by Major Supply Squeeze as LME Inventories Drop

One of the sharpest copper supply crunches in recent memory is rattling global commodities markets, as inventories at the London Metal Exchange (LME) plummet and the spot price soars.

Bloomberg reported that as of Monday (June 23), copper for immediate delivery was trading at a premium of US$345 per metric ton over three month futures, the widest spread since a record squeeze in 2021.

That dramatic price divergence reflects the market’s acute concerns over access to physical copper, with readily available inventories on the LME falling by around 80 percent this year alone.

Keep reading...Show less
Many copper bobbins and warehouse copper pipes.

Top 10 Copper-producing Companies

Copper miners with productive assets have much to gain as supply and demand tighten.

In May 2024, the copper price hit a new all-time high of US$10,954 per metric ton (MT) on the London Metal Exchange and US$5.20 per pound on the COMEX on the back of increasing demand and growing supply concerns.

Copper is one of the most important resources for the energy transition. However, in recent years, demand for the red metal has outpaced mining supply. While construction and electrical grids have long been major markets for copper, today the rise in demand for electric vehicles, EV charging infrastructure and energy storage applications are emerging drivers of copper consumption.

Another trend driving future copper demand is the rapid urbanization in the Global South, as rural populations migrate to cities, putting pressure on electricity grids.

Keep reading...Show less
White Cliff Minerals

John Hancock to join White Cliff Minerals Board

Astrotricha Capital SEZC appointed Advisors

White Cliff Minerals Limited (“WCN” or the “Company”) (ASX: WCN; OTCQB: WCMLF) is pleased to announce that John Hancock will join the Board of White Cliff Minerals effective 1 August 2025.

Keep reading...Show less
Gavel on books with "5 Top Canadian Mining Stocks This Week" text overlay.

Top 5 Canadian Mining Stocks This Week: Royalties Jumps 183 Percent on Legal Win

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Friday (June 20) was the last day for the spring session of Canada’s parliament before its summer break.

On the agenda for the day was a vote on bill C-5, “The One Canadian Economy Act,” which was introduced on June 5.

Keep reading...Show less
Cyprium Metals

Nifty Copper Project Virtual Site Visit

Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) (Cyprium or the Company) invites shareholders to join an investor webinar and live Q&A hosted by Executive Chairman Matt Fifield on Tuesday 24th June 2025. Investors will be guided on a virtual site visit of the Nifty Copper Complex showcasing the sulphide and heap leach resources and extensive brownfield infrastructure.

Keep reading...Show less
Mining Execs Call for Clarity as Canada Eyes Faster Permitting Timelines for Critical Minerals Projects

Mining Execs Call for Clarity as Canada Eyes Faster Permitting Timelines for Critical Minerals Projects

Faster permitting timelines for critical minerals projects could be a welcome game changer for junior mining and resource development companies, but clarity will be key to any meaningful reforms.

This was the sentiment among executives from junior mining companies in a recent panel discussion on Bill C-5, the Canadian government’s new major projects bill that will essentially fast track permitting for “national-interest” projects, including those essential to the country's critical minerals strategy.

The bill proposes the establishment of a Major Projects Office meant to be the single permitting agency for qualified projects that will cut permitting timelines from the typical five years down to two years.

Keep reading...Show less

Latest Press Releases

Related News

×