Teck Reports 2023 Sustainability Performance

VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today the release of our 23^rd annual Sustainability Report, highlighting our performance in 2023 and progress in key areas including climate and nature. 

“At Teck, we are committed to responsibly producing the critical minerals the world needs to create a low-carbon future,” said Jonathan Price, President and CEO. “Teck is working to further strengthen our sustainability performance, including setting a goal of net zero Scope 1 and Scope 2 emissions across our operations by 2050, and being one of the first mining companies to commit to supporting a nature positive future by 2030.”    

Teck’s approach to responsible mining is underpinned by a long-term sustainability strategy, which sets out goals in the areas of Health and Safety, Climate Change, Circularity, Our People, Water, Tailings Management, Communities and Indigenous Peoples, and Biodiversity and Closure.  

2023 Sustainability achievements included: 

• Conserved or restored an additional 37,900 hectares in 2023, for a total of almost 52,000 hectares conserved since we launched our Nature Positive goal in 2022.  
• Provided over $32 million to support local communities and Indigenous Peoples for programs focusing on nature, climate, community wellness, education, and equity. 
• Invested $388 million through procurement from Indigenous businesses. 
• Announced agreements with shipping companies NORDEN, Canadian Pacific Kansas City and Oldendorff Carriers intended to reduce CO₂ emissions in our steelmaking coal supply chain through innovative technology, in line with our ambition to achieve net-zero Scope 3 emissions by 2050. 
• Achieved capacity to treat 77.5 million litres of water per day at our steelmaking coal operations as part of the Elk Valley Water Quality Plan. 
• Focused on environmental responsibility at our expanded Quebrada Blanca (QB) Operations, including securing 100% renewable power, and implementing the first large-scale use of desalinated seawater in place of freshwater for mining in the Tarapacá Region of Chile.

Teck’s 2023 Sustainability Report and Annual Report are available on our website. Other reports available from Teck including our Economic Contribution Report and the TCFD-aligned Climate Change Outlook 2021 report, are also available on the Disclosure Portal.