Engaging with Communities of Interest

Engagement with COIs, including investors, customers, local communities and Indigenous Peoples, helps to enhance our mutual understanding of interests, concerns and aspirations, and strengthens relationships. COIs are identified based on the degree to which they are affected by our activities, by our relationships with them and by their ability to influence the achievement of our business objectives. In particular, the identification of COIs helps us:

Understand the positive and negative impacts of our business
Understand the risks and opportunities — for COIs and our business — associated with these impacts
Manage these impacts in a responsible and effective manner
Understand the effectiveness of our management actions

Direct and Indirect COI Engagement and Management

Teck conducts direct engagement, which involves speaking and working directly with COIs, as well as indirect engagement, which involves reviewing publications that reflect the expectations of our COIs. Our direct engagement with COIs is carried out on an ongoing basis, and is organized around three levels: disclosure, dialogue and participation. We carry out indirect engagement through the application of externally developed standards and frameworks. Our engagement with COIs is guided by our Health, Safety, Environment and Community (HSEC) Management Standards and associated procedures. Engagement outcomes are reported to the Safety and Sustainability Committee of our Board of Directors and to our HSEC Risk Management Committee.

Engagement with Local Communities and Indigenous Peoples

All of our operations, exploration sites, projects and closed properties identify, prioritize and directly engage local and Indigenous governments and communities. Our work in this area is focused on:

Disclosing and appropriately communicating accurate and timely information
Maintaining an open dialogue so all parties can fully understand each other’s views and concerns
Participating in decision-making around our activities
Including Indigenous governments, Indigenous Peoples and other COIs in external assurance related to voluntary and membership requirements

Those responsible for engagement with local communities and Indigenous Peoples are trained to conduct dialogue that is focused on building and maintaining relationships, and on addressing issues important to those communities. This helps to enable engagement that is productive and constructive, and that directly contributes to the building and maintenance of long-term, trust-based relationships. Our engagement with our workforce, communities, civil society and Indigenous Peoples also supports our commitments to respecting human rights and Indigenous rights across Teck.

Key Engagement Topics Identified and Managed in 2022

Community of Interest	Description	Priority Engagement Topics in 2022	Learn More
Our Workforce	Union, non-union, full-time and part-time employees and contractors	Health and safety Inclusion and diversity Bargaining and collective agreements New technology and opportunities for innovation	Pages 40, 52 in our 2022 Sustainability Report
Investors, Financial Institutions	Institutional investors, other equity holders, debt holders, banks and credit rating agencies	Financial and operational performance Social and environmental management Equity, diversity and inclusion Climate change and carbon pricing Project execution Capital allocation Governance Developments in financial markets Sustainability-linked financial products	See the 2022 Annual Report for information on financial and operational performance
Communities	Local communities, vulnerable communities (including women and children), community-based institutions, and those outside of project- and site-affected communities	Community investments Water quality and/or availability Climate change impacts Cultural heritage Health and safety Dust, noise and vibration issues Local procurement and employment Participative community monitoring Resettlement planning Tailings management Biodiversity management Closure planning Permitting activities	Pages 8, 12, 16, 29, 34, 40, 60, 69 in our 2022 Sustainability Report
Civil Society, Non-Governmental and Multinational Organizations	Regional, national and international organizations focused primarily on advocacy	Community investment opportunities Global development topics Public health partnerships Transparency on the payments we make to governments and others Climate change and carbon pricing Cultural heritage	Pages 40, 60, 75 in our 2022 Sustainability Report
Academic Institutions and Researchers	Academic institutions and research organizations	Research partnerships, including water research	Pages 34, 52, 60 in our 2022 Sustainability Report
Governments	Local government bodies or institutions, provincial/sub-national governments and national/federal governments	Industry competitiveness Climate change and carbon pricing Innovation Environmental management Health and safety Transportation regulations International trade and development Environmental regulatory and permitting Biodiversity management Taxation policy	Pages 8, 12, 16, 24, 29, 34, 40, 75, 81 in our 2022 Sustainability Report
Indigenous Governments and Communities	Formal governance structures representing Indigenous communities and organizations, including businesses identified by Indigenous communities and traditional land users	Traditional knowledge and land use Indigenous rights and free, prior and informed consent Agreement negotiation and implementation Environmental aspects, including water quality and access Economic opportunities Truth and reconciliation Cultural heritage Regulatory approvals Implementation of the United Nations Declaration on the Rights of Indigenous Peoples Community investment opportunities Subsistence and local livelihoods	Pages 60, 69 in our 2022 Sustainability Report
Commercial Interests	Joint venture partners, large contractors and customers	Logistics and transportation Climate change and emissions Materials stewardship Supply chain sustainability Health and safety Responsible mining practices Technology and innovation	Pages 16, 24, 40, 81 in our 2022 Sustainability Report
Industry Associations	Associations representing businesses (e.g., mining associations, sustainable business organizations)	Regulatory issues Social issues and best practices Environmental management Business competitiveness Health and safety Tailings management Implementation of the United Nations Declaration on the Rights of Indigenous Peoples Cultural heritage	Pages 29, 40, 60, 69, 75 in our 2022 Sustainability Report

Engaging with Communities of Interest (COIs)

Direct and Indirect COI Engagement and Management

Engagement with Local Communities and Indigenous Peoples

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