At Teck, the pursuit of sustainability guides our approach to business.
The 15th annual Teck Sustainability Report covers the economic, social and environmental topics that were most important to communities and other stakeholders and to our business in 2015.
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 COIs, and ensure that the company is well managed. The Audit, Corporate Governance and Nominating, and Compensation Committees are composed entirely of independent directors.
We are committed to responsible business practices in all aspects of our activities. The Safety and Sustainability (S&S) Committee of the Board of Directors provides policy direction and monitors the Company’s environmental, social and safety performance. The Corporate Environment and Risk Management Committee (CERMC), chaired by the CEO, is a senior management committee that sets priorities and direction for Health, Safety, Environment and Community Management programs and tracks performance.
We are members of numerous industry associations and are involved in organizations that provide a platform for advancing sustainability. As we implement our sustainability strategy, our involvement with these organizations provides us with guidance and opportunities to share best practices and contribute to industry standards, enabling us to evolve with the best sustainability practices in our industry.