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Annual Materiality Process

For the purpose of our annual sustainability reporting, Teck engages internal and external resources, consults with our communities of interest (COIs) and reviews our operating environment to identify the most material topics that faced our business and our communities in the past year. This process is guided by the Global Reporting Initiative’s G4 Principles for Defining Report Content (GRI Guidelines). The GRI Guidelines define 51 aspects (sustainability subjects such as energy, emissions, anti-corruption); for the purpose of our materiality assessment process, we group those aspects under the broader headings of ‘material’ and ‘non-material’ topics.

2015 Materiality Assessment

In preparing for our 2015 annual materiality assessment, we first reviewed the GRI aspects grouped under each of our 16 material topics, as identified through our 2014 materiality assessment, and determined that the scope is still relevant for this year’s reporting cycle. There were minor changes to the topic titles, but the material topics remain the same as those identified in 2014. Following this review, we conducted a five-step process to prioritize and rank the materiality of each topic, as outlined in Table 32. 

Table 32: Our Materiality Process

Step One Step Two Step Three Step Four Step Five
Desk-based analysis
A review of internal and external sources

Initial prioritization of the G4 Guideline aspects
Each of the aspects identified in the G4 Sustainability Reporting Guidelines were prioritized using a structured, quantified scale based on the following criteria: the concern or potential/actual impact of our company and its activities on stakeholders and the concern or potential/actual impact of issues on our company and the achievement of its business objectives. Each aspect was assessed against a defined numerical threshold to determine whether or not it was material. 

Internal feedback
An internal presentation of the initial results was provided to key managers from across multiple business units. Engagement took place through dedicated two-way feedback sessions, during which the prioritization of relevant G4 aspects were adjusted in light of feedback, while the related reasoning behind such adjustments was recorded. 

Consolidation of G4 aspects into higher-level material issues
Associated material and non-material aspects were clustered into higher-level material issues. These material issues were prioritized according to the average scores of each aspect and were set out in a draft materiality matrix. 

External feedback
The draft materiality matrix was presented to an external COI panel for feedback. The scores for each material issue were adjusted in light of COI feedback to produce the final material issues and matrix.

External COI Panel

In January 2016, we convened our seventh external COI Panel with representatives from Indigenous Peoples, public/private institutions, government, investment analysts, industry and NGOs to review our materiality assessment and to provide feedback on the relevance of the topics selected and their prioritization, as well as to provide their perspective on emerging sustainability issues. Feedback from the Panel was integrated into our assessment and the materiality matrix below. For example, the COI Panel indicated that two material topics, water management and human rights, were more important to COIs than indicated in our initial assessment.  

In addition to commenting on our material topics, we also asked participants to identify emerging sustainability risks and opportunities and key issues of concern to help inform our future management of sustainability and reporting. Key issues highlighted by participants included: low-carbon future, community engagement and impacts, social equity and shared value, workforce attraction and development, increasing regulation on environmental impacts, tailings and mine waste management, transboundary issues, innovation and reclamation

Materiality Matrix

The materiality matrix represents the combined results of internal and external consultation and prioritization of the material topics that are included in this report. 

Economic (Blue dots)
2. Economic Performance and Contributions 
9. Our Workforce
12. Business Ethics 
13. Mine Closure

Social (Orange dots)
1. Health and Safety of our Workforce
4. Engaging with Indigenous Peoples
5. Emergency Preparedness
8. Community Engagement
15. Product Impacts
16. Human Rights

Environmental (Green dots)
3. Tailings and Mine Waste Management
6. Water Management
7. Air Quality
10. Energy and Climate Change
11. Environmental Management 
14. Biodiversity

For more detail about the scope of our material topics, see Table 33.  

Table 33: Boundaries of Material Issues

Material Issue

Issue Boundary (Internal/External)

*Where do impacts primarily originate from and who leads the management of the issue?

Stakeholders to Whom the Issue is Most Material

Where Issue is Most Material

Health and Safety of our Workforce

Internal/External

Employees

Contractors

Regulators

All Teck assets (i.e., production, processing, project and exploration)

Contractor selection and management

Emergency Preparedness

Internal

Employees

Shareholders

Contractors

Local communities

Regulators

Society

All Teck assets

Water Management

Internal

Employees

Shareholders

Local communities

Regulators

Society

Teck production and processing assets

Environmental Management

Internal/External

Employees

Local communities

Regulators

Society

All Teck assets

Contractor selection/management

Supplier selection

Energy and Climate Change

Internal/External

Shareholders

Local communities

Regulators

Society

Teck production and processing assets

Power providers

Service providers

Steelmaking coal customers

Biodiversity

Internal

Local communities

Society

All Teck assets

Mine Closure

Internal

Shareholders

Employees

Local communities

Contractors and suppliers

Regulators

Teck mature and end-of-life production and processing assets

Product Impacts

Internal/External

Customers

Regulators

Society

Teck production and processing assets

Transport

Customers and end users

Our Workforce

Internal

Employees

Local communities

All Teck assets

Direct and indirect impact communities

Community Engagement

Internal/External

Shareholders

Employees

Contractors

Suppliers

Regulators

Society

All Teck assets

Contractor selection/management

Supplier selection

Engaging with Indigenous Peoples

Internal

Indigenous Peoples

Regulators

Society

All Teck assets with Indigenous peoples in the vicinity

Business Ethics

Internal/ External

Shareholders

Employees

Local communities

Regulators

Government officials

Society

All Teck assets

Contractors

Economic Performance and Contributions

Internal/External

Shareholders

Local communities

Regulators

Society

All Teck assets

Contractor and supplier selection

Direct and indirect impact communities

Human Rights

Internal/External

Shareholders

Employees

Local communities

Regulators

Society

All Teck assets

Contractor selection/management

Supplier selection

 

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