We address climate-related risks and opportunities through a robust governance model that includes Board and Management oversight and processes.

Our Board of Directors provides oversight on all strategy matters including the risks and opportunities to our business associated with climate change. Our Safety and Sustainability Committee of our Board works with the Board to review recommendations and share policy on a range of areas related to climate change. Our Senior Management Team establishes priorities and direction for environmental programs and monitors climate-related issues and progress against targets.

Learn more about climate governance at Teck.

We integrate climate change performance into executive compensation across several areas. Sustainability performance is integrated into both short- and long-term executive compensation. Short-term incentive compensation of the CEO and executives is performance-based and affects approximately 15% of the target bonus as a whole.

We draw on a broad range of experts to consider all relevant climate-related risks, including regulations, legal considerations, physical risks—and more. 

Learn more about Teck’s approach to risk management.

Download our Data and Management Approach.

We believe action must be taken across all areas of society and the economy to address climate change. To do our part, we actively engage with governments and industry associations to affect policies. We also support the Paris Agreement and the Carbon Pricing Leadership Coalition, which works to integrate a carbon tax system that levels the playing field between jurisdictions by creating an incentive to attain lower emissions. 

Learn more about our climate advocacy in our Associations Review Report.