Nature loss is a severe global challenge that we are all called on to do our part to halt and reverse. As a resource company, we want to do more than just mitigate our own impacts – we want to contribute to solving the global challenge of nature loss. That is why we’ve set a goal to work towards a nature positive future by 2030. This builds on our commitment to biodiversity and our passion for protecting the land where we live and work.
We’ve set a goal to become a nature positive mining company by 2030 and are working to achieve this through conserving or rehabilitating at least three hectares for every one hectare affected by our mining activities.
The World Economic Forum ranks biodiversity loss and ecosystem collapse as one of the top threats humanity will face this decade. At Teck, working to become nature positive means that by 2030, our conservation, protection and restoration of land and biodiversity will exceed the disturbance caused by our mining activities from a 2020 baseline.
We will conserve or rehabilitate at least three hectares for every one hectare affected by our mining activities and take action immediately in three focus areas:
Nature Positive Decision Making
Nature positive decision making guided by science and Indigenous learning, including assessing the biodiversity impacts of our actions and avoiding or minimizing negative impacts where possible as part of our planning.
Rehabilitation excellence to accelerate our pace of rehabilitation to ensure it is in progress for all eligible land impacted by mining at our operations by 2030
Conservation, Protection and Restoration
Conservation, protection and restoration through partnerships. Building on the over 14,000 hectares already conserved, which is equivalent to over 40% of Teck’s current mining footprint.
We are committed to working with local partners, communities and Indigenous Peoples to conserve ecologically and culturally significant lands and work towards the goal of becoming a nature positive mining company by 2030. Our conservation initiatives to date include:
The purchase and ongoing management of the nearly 8,000-hectare Next Creek Watershed in the East Kootenays of British Columbia through the Nature Conservancy of Canada.
Donation of approximately 162 hectares of Teck-owned land in the Wycliffe Wildlife Corridor near Kimberley, British Columbia to the Nature Conservancy of Canada.
Protection of 5,800 hectares of a unique and high-value wetland ecosystem near Teck’s Quebrada Blanca Operations in Chile, in partnership with the Ollagüe Quechua community. The first initiative of its kind in Chile.
The purchase and protection of over 7,000 hectares of private lands in the Elk and Flathead River Valleys of British Columbia, set aside for conservation in partnership with the Ktunaxa Nation to ensure the protection of the area’s social, cultural and ecological value.
$10 million to create an Indigenous Stewardship Fund that will support Indigenous communities and partners in the development of Indigenous-focused environmental stewardship initiatives as well as engagement, education, capacity-building and participation in support of conservation objectives in regions where Teck operates.
$12 million to the Nature Conservancy of Canada to support future high priority conservation projects in British Columbia.