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Teck Resources Limited

Teck Resources Limited

Teck is a leading Canadian resource company that is focused on responsibly producing the metals essential for global development and the energy transition. With world-class copper and zinc operations and an industry-leading copper growth portfolio.

We share a strong sense of purpose at Teck, and each day we are guided by our values in how we operate and how we conduct ourselves. Together, these represent who we are and what we value most.

Teck is proud to sustainably mine the resources – copper and zinc – the world needs to enable global development and the energy transition. Copper and zinc are essential components in a wide range of innovations and technologies, including electric vehicles, solar panels, wind turbines, energy infrastructure and more, that will play a key role in enabling the world to meet its climate ambitions.

Our sustainability strategy sets long-term goals to drive improved performance across our activities, including achieving net-zero emissions across our operations and becoming nature positive by conserving or reclaiming three hectares for every one we mine.

We are committed to strong corporate governance. The Board of Directors has a Corporate Governance Committee that works with our General Counsel to ensure that our governance practices are up to date and that they meet applicable standards. Sound governance structures and systems protect the interests of investors and other Communities of Interest, and ensure that the company is well managed.

The Audit, Corporate Governance and Nominating, and Compensation Committees are composed entirely of independent directors.

Headquartered in Vancouver, British Columbia, Teck owns or has an interest in  operating mines in North and South America as well as one large metallurgical complex and several major development projects in the Americas. Teck has expertise across a wide range of activities related to exploration, development, mining and minerals processing, smelting and refining, safety, environmental protection, materials stewardship, recycling and research.

TSM Results

All of Teck’s operations globally apply TSM and publicly report their TSM results. Teck’s operations include Highland Valley Copper (HVC), Trail, Carmen de Andacollo (CDA), Quebrada Blanca (QB) and Red Dog Operations (RDO). During 2024 Teck Resources Limited announced that it has completed the sale of its remaining 77% interest in the steelmaking coal business to Glencore plc and as such will not be reporting on TSM results in 2024.

In 2024, one of Teck’s operations, Highland Valley Copper (HVC) and Teck Corporate Office (VHO) underwent TSM external verification. PricewaterhouseCoopers provided external verification of all required TSM Protocols for performance indicator results; Internal self-assessments for other operations were performed by Teck head office and site personnel.  The external verification and internal self-assessment activities assessed Teck’s reported performance indicator results for the year ending December 31, 2024, as measured against the requirements of MAC’s TSM Performance Indicators. 

Teck’s overall results for 2023 were strong, and the company achieved high levels of performance across many of the TSM protocols.   

Teck’s performance in TSM is part of their overall approach to sustainability and responsible resource development. Through our sustainability strategy, Teck has identified the following long-term strategic priorities for its work in sustainability: Climate Change, Water, Tailings, Responsible Production, Biodiversity and Reclamation, Health & Safety, Our People, and Communities & Indigenous Peoples. Within each area, Teck has set short-term and long-term goals and targets to continually enhance sustainability performance and assess progress, which the company reports on in its annual sustainability report.

For more information, please visit https://www.teck.com/sustainability/

Self-Assessed Results

2024 TSM Results

Teck Resources Limited

Crisis Management and Communications Planning Assessment
Facility Crisis management and communications preparednessReviewTraining
Teck Resources Limited – Corporate
Carmen de Andacollo Operations
Highland Valley Copper
Quebrada Blanca Operations
Red Dog Operations
Trail Operations
Results as of: Jan 07, 2025
Preventing Child and Forced Labour Assessment
Facility PREVENTING FORCED LABOURPREVENTING CHILD LABOUR
Elkview Operations
Teck Resources Limited – Corporate
Carmen de Andacollo Operations
Fording River Operations
Greenhills Operations
Highland Valley Copper
Line Creek Operations
Quebrada Blanca Operations
Red Dog Operations
Trail Operations
Results as of: Jan 09, 2023
Note: These requirements are assessed every three years during the external verification.
Tailings Management Assessment
Tailings management policy and commitmentTailings management systemAssigned accountability and responsibilityAnnual tailings management reviewOperation, maintenance and surveillance (OMS) manual
Carmen de Andacollo Operations
Highland Valley Copper
Quebrada Blanca Operations
Red Dog Operations

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Biodiversity Conservation Management Assessment
Commitment, accountability and communicationsConservation planning and implementationReporting
Carmen de Andacollo Operations
Highland Valley Copper
Quebrada Blanca Operations
Red Dog Operations
Trail Operations

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Water Stewardship Assessment
Water governanceOperational water managementWatershed-scale planningWater reporting and performance
Carmen de Andacollo Operations
Highland Valley Copper
Quebrada Blanca Operations
Red Dog Operations
Trail Operations

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Indigenous and Community Relationships
Community of Interest IdentificationEffective Community of Interest Engagement and DialogueEffective Indigenous Engagement and DialogueCommunity Impact and Benefit ManagementCommunity of Interest Response Mechanism
Carmen de Andacollo Operations
Highland Valley Copper
Quebrada Blanca Operations
Red Dog Operations
Trail Operations

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Climate Change Protocol Assessment
Corporate Climate Change ManagementFacility Climate Change ManagementFacility Performance Targets and Reporting
Carmen de Andacollo Operations
Highland Valley Copper
Quebrada Blanca Operations
Red Dog Operations
Trail Operations

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Equitable, Diverse, and Inclusive Workplaces Protocol
Leadership and StrategyAdvancing Equitable, Diverse, and Inclusive WorkplacesMonitoring, Reporting, and Performance
Carmen de Andacollo Operations
Highland Valley Copper
Quebrada Blanca Operations
Red Dog Operations
Trail Operations

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Safe, Healthy, and Respectful Workplaces Protocol
Commitments and AccountabilitySafety and Health Management SystemsPsychological Safety and Respectful BehaviourTraining, Behaviour, and CultureMonitoring and ReportingPhysical Safety and Health Performance
Carmen de Andacollo Operations
Highland Valley Copper
Red Dog Operations
Trail Operations

AAA

AA

A

B

C

Results as of: Jan 07, 2025
International Initiatives
Industry Sustainability Initiatives
ICMM Sustainable Development Framework
WGC Conflict Free Gold Standard
ISO 14001 - EMS Standard
Management System Standards
OHSAS 18001
UN Global Compact
International Voluntary Initiatives
Extractive Industries Transparency Initiative
Voluntary Principles on Security and Human Rights
OECD Guidelines for Multinational Enterprises
AA 1000
Reporting, Disclosure and Transparency Standards
Global Reporting Initiative
CDP
Water Disclosure Project
Carbon Pricing Leadership Coalition
IFC Social and Environmental Performance Standards
Financing Standards
Dow Jones Sustainability Index
Listed on Socially Responsible Investing Indices
Jantzi Social Index
Responsible Jewellery
Industry Sustainability Initiatives
International Cyanide Code
Kimberley Process
Results as of: Dec 16, 2024

Letters of Assurance

Teck Resources Limited | 2024 | TSM Letter of Assurance

Teck Resources Limited | 2023 | TSM Letter of Assurance

Teck Resources Limited | 2022 | TSM Letter of Assurance

Teck Resources Limited | 2021 | TSM Letter of Assurance

Teck Resources Limited | 2019 | TSM Letter of Assurance

Teck Resources Limited | 2018 | TSM Letter of Assurance

Teck Resources Limited | 2017 | TSM Letter of Assurance

Teck Resources Limited | 2016 | TSM Letter of Assurance

Teck Resources Limited | 2015 | TSM Letter of Assurance

Teck Resources Limited | 2014 | TSM Letter of Assurance

Teck Resources Limited | 2012 | TSM Letter of Assurance

Teck Resources Limited | 2007 | TSM Letter of Assurance

Teck Resources Limited | 2006 | TSM Letter of Assurance



Verification Summary Reports

Teck Resources Limited | Teck Resources Limited – Corporate | 2024 | Verification Summary Report

Teck Resources Limited | Highland Valley Copper | 2024 | Verification Summary Report

Teck Resources Limited | Carmen de Andacollo Operations | 2023 | Verification Summary Report

Teck Resources Limited | Quebrada Blanca Operations | 2023 | Verification Summary Report

Teck Resources Limited | Red Dog Operations | 2023 | Verification Summary Report

Teck Resources Limited | Elkview Operations | 2022 | Verification Summary Report

Teck Resources Limited | Elkview Operations | 2022 | Verification Summary Report

Teck Resources Limited | Fording River Operations | 2022 | Verification Summary Report

Teck Resources Limited | Elkview Operations | 2022 | Verification Summary Report

Teck Resources Limited | Fording River Operations | 2022 | Verification Summary Report

Teck Resources Limited | Greenhills Operations | 2022 | Verification Summary Report

Teck Resources Limited | Greenhills Operations | 2022 | Verification Summary Report



Historical TSM Results

TSM Results 2024

TSM Results 2023

TSM Results 2022 (Externally Verified)

TSM Results 2021

TSM Results 2019 (Externally Verified)

TSM Results 2018 (Externally Verified)

TSM Results 2017 (Externally Verified)

TSM Results 2016 (Externally Verified)

TSM Results 2015 (Externally Verified)

TSM Results 2014 (Externally Verified)

TSM Results 2013

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