Engaging with Communities of Interest

Engagement with Local Communities of Interest (COIs)

Engagement with COIs, including local communities and Indigenous Peoples, our workforce, investment communities, industry associations, government, non-governmental organizations (NGOs), business partners and customers, helps to enhance our mutual understanding of interests, concerns and aspirations, and strengthens relationships.

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. All our operations, exploration sites and projects — including sites in active closure — identify, prioritize and directly engage local and Indigenous governments and communities.

For more details on our approach to engagement with Indigenous Peoples and communities of interest, see the Responsible Business, Relationships with Communities and Relationships with Indigenous Peoples sections of Teck’s Management Approach to Sustainability

Key Engagement Topics Identified and Managed in 2024

Community of Interest	Description	Priority Engagement Topics in 2024	Learn More
Our Workforce	Union, non-union, full-time and part-time employees and contractors	Bargaining and collective agreements Health and safety Inclusion and diversity Separation from the coal business unit	19 and 55 of the 2024 Sustainability Report
Investors, Financial Institutions	Institutional investors, other equity holders, debt holders, banks and credit rating agencies	Capital allocation Climate change and carbon pricing Financial and operational performance Governance and sunset for Class A shares Investment Project execution Sale of the coal business unit Social and environmental management	See the 2024 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	Biodiversity management Climate change impacts Closure planning and execution Community investments Cultural heritage Dust, noise and vibration issues Health and safety Local procurement and employment Participative community monitoring Permitting activities Resettlement planning Tailings management Water quality and/or availability	12, 19, 26, 36, 45, 50, 70, 74, 86 of the 2024 Sustainability Report
Civil Society, Non-Governmental and Multinational Organizations	Regional, national and international organizations focused primarily on advocacy	Climate change, carbon pricing and nature Community investment opportunities Cultural heritage Global development topics Public health partnerships Transparency on the payments we make to governments and others	Pages 12, 26, 36, 65 of the 2024 Sustainability Report
Academic Institutions and Researchers	Academic institutions and research organizations	Research partnerships, including water research	Pages 45, 70 of the 2024 Sustainability Report
Governments	Local government bodies or institutions, provincial/sub-national governments and national/federal governments	Biodiversity management and conservation Circular economy Climate change and carbon pricing Critical minerals Decarbonization Environmental management Environmental regulatory and permitting Health and safety Industry competitiveness Innovation International trade Investment Taxation policy Transportation and logistics	Pages 9, 13, 18, 23, 31, 36, 42, 78, 83 of the 2024 Sustainability Report
Indigenous Governments and Communities	Formal governance structures representing Indigenous communities and organizations, including businesses identified by Indigenous communities and traditional land users	Agreement negotiation and implementation Cultural heritage Economic opportunities Environmental management including water quality and access, and biodiversity Human and Indigenous rights Implementation of the United Nations Declaration on the Rights of Indigenous Peoples Indigenous rights and free, prior and informed consent Integration of Indigenous knowledge and traditional land use Land conservation Partnerships and community investment opportunities Regulatory approvals Subsistence and local livelihoods Truth and Reconciliation	Pages 12, 36, 70, 81 of the 2024 Sustainability Report
Commercial Interests	Joint venture partners, large contractors and customers	Climate change and emissions. Logistics and transportation. Materials stewardship. Responsible mining practices. Supply chain due diligence	Pages 26, 77, 90 of the 2024 Sustainability Report
Industry Associations	Associations representing businesses (e.g., mining associations, sustainable business organizations)	Business competitiveness Critical minerals Cultural heritage Decarbonization Environmental management Health and safety Human rights Implementation of the United Nations Declaration on the Rights of Indigenous Peoples Nature Regulatory issues Social performance and Indigenous engagement best practices Tailings management	Pages 12, 19, 26, 50, 70, 81, 90 of the 2024 Sustainability Report

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Engaging with Communities of Interest (COIs)

Engagement with Local Communities of Interest (COIs)

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