Engaging with Stakeholders and Indigenous Peoples

Engagement with stakeholders — including investors, customers and local communities — and with Indigenous Peoples helps to enhance our mutual understanding of interests, concerns and aspirations, and strengthens relationships. Stakeholders 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, stakeholder identification helps us:

Understand the positive and negative impacts of our business
Understand the risks and opportunities — for stakeholders 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 Stakeholder Engagement and Management

Teck conducts direct engagement, which involves speaking and working directly with stakeholders and Indigenous Peoples, as well as indirect engagement, which involves reviewing publications that reflect our stakeholder expectations. Our direct engagement with stakeholders 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 community stakeholders and Indigenous Peoples is guided by our Health, Safety, Environment and Community (HSEC) Management Standards, and our Social Management and Responsibility at Teck (SMART) Framework. 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 and Indigenous Communities

All of our operations, exploration sites, projects and closed properties identify, prioritize and directly engage local and Indigenous 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
Engaging in decision-making around joint aims
Collaborating on issues of mutual interest
Creating social value and maintaining our ability to operate
Understanding the potential impact of our activities on the rights of Indigenous communities

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 with Stakeholders and Indigenous Peoples Identified and Managed in 2021:

Stakeholder	Description	Priority Engagement Topics in 2021	Learn More
Our Workforce	Union, non-union, full-time and part-time employees and contractors	Health and safety COVID-19 response and support Inclusion and diversity Bargaining and collective agreements New technology and opportunities for innovation	Pages 56, 71 in our 2021 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 COVID-19 impact and response Project execution Capital allocation Governance Developments in financial markets Sustainability-linked financial products	See the 2021 Annual Report for information on financial and operational performance
Communities	Indigenous communities, non-Indigenous communities, vulnerable communities (including women and children), community-based institutions, and those outside of project- and site-affected communities	Community investments, including those in response to COVID-19 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 Tailings management Biodiversity management Reclamation Permitting activities	Pages 10, 16, 22, 40, 47, 56, 83, 95 in our 2021 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, including those in response to COVID-19 Transparency on the payments we make to governments and others Climate change and carbon pricing Cultural heritage	Pages 22, 56, 83, 95, 102 in our 2021 Sustainability Report
Academic Institutions and Researchers	Academic institutions and research organizations	Research partnerships, including water research and those in response to COVID-19 Training programs	Pages 47, 71, 83 in our 2021 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 Taxation policy	Pages 22, 56, 102 in our 2021 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 83, 95 in our 2021 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 22, 34, 56, 109 in our 2021 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 34, 40, 56, 83, 95, 109 in our 2021 Sustainability Report

Engaging with Stakeholders and Indigenous Peoples

Direct and Indirect Stakeholder Engagement and Management

Engagement with Local and Indigenous Communities

Contact Us