Headquarters
    Canada
    Stock Exchange Listings
    TSX: TECK.A - NYSE: TECK
    Workforce
    Employees: 10,710 (31/12/2018)
    Contract workers: Not reported (31/12/2018)
    Total: Not reported (31/12/2018)
    Geographic Footprint
    Producing countries: 4
    Known tax jurisdictions: 4
    Revenues (in BUSD)
    Total Revenue: 9.213 (31/12/2018)
    Net Income: 2.306 (31/12/2018)
    State Ownership
    China: >10%
    2017 Fatalities
    Total worker fatalities: 0
    • Employees: 0
    • Contract workers: 0
    Others: 0
    2018 Fatalities
    Total worker fatalities: 2
    • Employees: 1
    • Contract workers: 1
    Others: 0
    Home countries, where the company is headquartered
    Producing countries, where the company has mining operations
    Mine sites selected for mine-site-level assessment

    Summary of Results


    While absolute results remain low overall, Teck shows one of the three stronger results in Lifecycle Management and one of the five stronger results in Business Conduct and Environmental Responsibility.

    In the mine-site assessment Teck ranks 1st among the 38 companies on its mine-site-level results, though with an average score of only 28%.

    In Lifecycle Management, Teck shows evidence of having systems in place designed to ensure its operations’ closure planning seeks continued livelihood viability for affected communities as well as having made a formal commitment to adopt a lifecycle approach. The company has made formal commitments on a wide range of other issues, including: preventing bribery and corruption, respecting human rights, ensuring safe and healthy working conditions, managing its environmental impacts systematically, and not exploring or mining in World Heritage Sites and respecting other protected areas.

    Teck is associated with several leading practices, including a collaborative approach by one of its operations to support basic education in surrounding districts.

    As evidence of Teck’s continuous improvement efforts since the RMI Report 2018, the company has produced a stronger human rights commitment statement, that explicitly aligns with the UN Guiding Principles, and a revised code of sustainable conduct, that makes explicit the alignment of the company’s environmental commitment to the mitigation hierarchy approach.

    However, Teck’s results in Economic Development are below the average achieved across all 38 companies and are limited by a lack of evidence of action on a number of issues, including for example working collaboratively with sub-national governments on socio-economic development planning, and developing procurement opportunities for suppliers at the local and national level in producing countries.

    In the mine-site assessment, Teck shows relatively consistent results across its five assessed mine sites (with scores ranging from 19-37%) and one Teck mine site shows one of the six stronger results among the 180 sites assessed. However, this mine site shows no relevant evidence on three issues: local procurement, community grievances and water quantity. And three other Teck mine sites show no relevant evidence on water quality.

    Overall results

    Economic Development

    1.07 / 6.002020
    1.20 / 6.002018

    Business Conduct

    2.77 / 6.002020
    2.73 / 6.002018

    Lifecycle Management

    3.07 / 6.002020
    3.07 / 6.002018

    Community Wellbeing

    1.68 / 6.002020
    1.65 / 6.002018

    Working Conditions

    2.15 / 6.002020
    2.11 / 6.002018

    Environmental Responsibility

    2.88 / 6.002020
    3.30 / 6.002018

    Average Mine-Site Score

    28%2020
    2020
    1.07
    score / 6
    2018
    1.20
    score / 6

    Economic Development

    2020
    2.77
    score / 6
    2018
    2.73
    score / 6

    Business Conduct

    2020
    3.07
    score / 6
    2018
    3.07
    score / 6

    Lifecycle Management

    2020
    1.68
    score / 6
    2018
    1.65
    score / 6

    Community Wellbeing

    2020
    2.15
    score / 6
    2018
    2.11
    score / 6

    Working Conditions

    2020
    2.88
    score / 6
    2018
    3.30
    score / 6

    Environmental Responsibility

    2020
    28
    %

    Average Mine-Site Score

    Results per measurement area

    Commitment

    (9 indicators)

    Action

    (42 indicators)

    Effectiveness

    (20 indicators)

    Results per indicator

    Economic Development

    Mine-site Results

    Mine sites selected for individual assessment (but not included in the overall company score)
    AntaminaCarmen de AndacolloFording RiverQuebrada BlancaRed Dog
    Local Employment
    (score /3)
    1.51.01.01.01.0
    Local Procurement
    (score /3)
    1.00.50.00.50.5
    Post-Closure Plans
    (score /3)
    0.50.51.50.51.5
    Community Grievances
    (score /3)
    1.51.00.01.00.0
    Worker Grievances
    (score /3)
    2.01.00.51.00.0
    Air Quality
    (score /3)
    0.01.02.50.02.0
    Water Quality
    (score /3)
    0.00.03.00.01.5
    Water Quantity
    (score /3)
    1.01.00.01.00.0
    Tailings Management
    (score /3)
    1.02.52.0-2.0
    Emergency Preparedness
    (score /3)
    0.00.00.50.00.0
    Mine-site Score
    (%)
    28.328.336.718.528.3

    Operational mine sites

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining types
    Antamina-Peru22.5Molybdenum, Copper, Zinc, Lead, Silver, BismuthOpen-pit
    Cardinal River-Canada100CoalOpen-pit
    Carmen de Andacollo-Chile90Copper, GoldOpen-pit
    ElkviewBaldy Ridge, Natal Ridge, Elk ValleyCanada95CoalOpen-pit
    Fording RiverElk ValleyCanada100CoalOpen-pit
    Greenhills OperationsElk ValleyCanada100CoalOpen-pit
    Highland Valley CopperHVC, BethlehemCanada100Molybdenum, CopperOpen-pit
    Line CreekElk ValleyCanada100CoalOpen-pit
    Quebrada Blanca-Chile60CopperOpen-pit
    Red Dog-USA100Zinc, Lead, SilverOpen-pit

    Closed mine sites (known)
    (controlled assets under care & maintenance, closure or post-closure management)

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining typesYear of closure
    Apex-USA50Copper, Gallium, GermaniumUnderground1987
    Beaverdell-Canada100Gold, SilverUnderground1991
    Bluebell-Canada100Zinc, Lead, SilverUnderground1972
    Bullmoose-Canada60.9CoalOpen-pit2003
    Coal MountainElk ValleyCanada100CoalOpen-pit2019
    Duck Pond-Canada100Copper, ZincOpen-pit, Underground2015
    Louvicourt-Canada55Copper, ZincUnderground2005
    Magmont-USA50Zinc, LeadUnderground1994
    McCracken-USA100Zinc, Lead, SilverUnderground1985
    Pend Oreille-USA100Zinc, LeadUnderground2019
    Polaris-Canada100Zinc, LeadUnderground2002
    Quintette-Canada92.6CoalOpen-pit2001
    Sa Dena HesMount HundereCanada50Zinc, LeadUnderground1992
    Sullivan-Canada100Zinc, Lead, SilverUnderground2001

    Shareholders (known)

    As of: 31/10/2019Shares (%)
    China Investment Corporation10.85%
    Capital Research Global Investors6.58%
    Capital World Investors6.18%
    RBC Global Asset Management Inc.2.85%
    Letko, Brosseau & Associates Inc.2.57%
    The Vanguard Group, Inc.2.57%
    Norges Bank Investment Management (NBIM)2.43%
    Impala Asset Management, LLC2.36%
    Arrowstreet Capital, Limited Partnership2.09%
    Beutel, Goodman & Company Ltd.1.80%
    CIBC Asset Management Inc.1.39%
    Dimensional Fund Advisors, L.P.1.11%
    Contrarius Investment Management Ltd.0.96%
    Janus Henderson Investors0.87%
    CI Investments Inc.0.85%

    Beneficial Owners (known)

    As of: 4/3/2019Shares (%)
    Norman Keevil16.64
    State of China>10%

    Subsidiaries (known)

    As of: 31/12/2018Country
    Compañía Minera Antamina S.A.Peru
    Compañía Minera Teck Carmen de Andacollo S.A.Chile
    Compañía Minera Teck Quebrada Blanca S.A.Chile
    Elkview Mine Limited PartnershipCanada
    Fording PartnershipCanada
    Fort Hills Energy Limited PartnershipCanada
    TCAI IncorporatedUSA
    TCL U.S. Holdings Ltd.Canada
    Teck Alaska IncorporatedUSA
    Teck American IncorporatedUSA
    Teck Base Metals Ltd.Canada
    Teck Chilean Holdings Ltd.Canada
    Teck Coal PartnershipCanada
    Teck Highland Valley Copper PartnershipCanada
    Teck Metals Ltd.Canada

    Tax Jurisdictions (known)

    Canada

    Chile

    Peru

    USA

    Investor / State Disputes
    (since 2014)

    No case