Teck Resources Limited
Industry Group: Diversified Metals
Country/Region: Canada
Identifier: TSE:TECK.B
Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck’s attributable copper production by roughly 75%. Along with a number of additional copper growth options, Teck’s strategy is to rebalance its portfolio to low-carbon metals such as copper. It sold its oil sands business in early 2023 and its coal business in mid-2024.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Metals 4 out of 230
Universe
Global Universe 2688 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Teck Resources Limited |
17.1
Low
|
4 out of 230 |
Antofagasta Plc |
26.8
Medium
|
18 out of 230 |
Hindustan Zinc Ltd. |
30.7
High
|
42 out of 230 |
Cameco Corp. |
31.4
High
|
48 out of 230 |
Vedanta Ltd. |
37.6
High
|
77 out of 230 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Teck Resources Limited's Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Teck Resources Limited's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Teck Resources Limited
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Teck Resources Limited's ESG Risk Rating in the last three years
Highest Controversy Level