Teck Releases 2017 Economic Contribution Report

Jul 16, 2018 2:00 PM ET
Article

Teck has released its second annual Economic Contribution Report, providing information about the economic benefits generated by its activities, including payments to suppliers, employee wages and benefits, and payments to governments. The report builds on Teck’s commitment to transparency and voluntary disclosure.

“Our operations and activities generate significant economic value and help to support opportunity, jobs and growth in communities around the world,” said Don Lindsay, President and CEO, Teck. “Our people are proud of the contributions of our company and our industry, and are committed to transparency around how economic contributions are distributed for local, regional and national economic and social development.”

In 2017, Teck distributed economic benefits including:

  • $10.3 billion in economic contribution across all areas where we operate
  • $7 billion in payments to suppliers
  • $1.6 billion in payments to different levels of government where we operate
  • $1.5 billion in wages and benefits for employees

For more information and to download Teck’s 2017 Economic Contribution Report, visit the Teck website at: https://www.teck.com/responsibility/featured-topics/economic-contributions/

About Teck
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. 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.

Investor Enquiries
Fraser Phillips
Senior Vice President, Investor Relations & Strategic Analysis, Teck
604.699.4621

Media Enquiries
Chris Stannell
Senior Communications Specialist, Teck
604.699.4368

Read the Report