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Sustainability Update
Conference Call & Webcast
July 15, 2015
2
Both these slides and the accompanying oral presentation contain certain forward-looking statements within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act
(Ontario) and comparable legislation in other provinces. Forward-looking statements involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or achievements of Teck to be materially different from any future
results, performance or achievements expressed or implied by the forward-looking statements. These forward-looking statements
include statements relating to management's expectations with respect to our business and sustainability strategies, our sustainability
goals and expectation that we will achieve them in the established timeframes.
These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially.
These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general business and
economic conditions, technological solutions, receipt of regulatory approvals and ongoing relations with interested parties. The
foregoing list of assumptions is not exhaustive.
Events or circumstances could cause actual results to differ materially. Factors that may cause actual results to vary include, but are
not limited to: regulatory action, changes in laws and governmental regulations, development and use of new technology, natural
disasters and adverse weather conditions, changes in commodity prices, general business and economic conditions, and the future
operation and financial performance of the company generally.
Certain of these risks are described in more detail in Teck’s annual information form available at www.sedar.com and in public filings
with the SEC. Teck does not assume the obligation to revise or update these forward-looking statements after the date of this
document or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable
securities laws.
Under no circumstances should the information contained herein be considered an offer to sell or a solicitation of an offer to invest in
securities.
Forward-Looking Information
Agenda
3
About Us
Welcome
Our Approach to Sustainability
2014 Highlights
Performance & Next Steps
Questions
4
About Us
About Us
5
Top ten copper
miner in the
Americas
#3 zinc miner in the
world
Building
an energy
business
# 1 Producer of steelmaking
coal in North America
# 2 Seaborne exporter of
steelmaking coal globally
Safety is our
core value
Implementing a
comprehensive
Sustainability Strategy
About Us
6
• Headquartered in
Vancouver, Canada, with
operations in the Americas
• Strategy focused on long
life assets in stable
jurisdictions
• Sustainability: Key to
managing risks and
developing opportunities
Safety Performance
• Developed and implemented a
new High-Potential Risk
Control strategy at all
operations
• Total reportable injury
frequency 25% lower than
2013
• High-potential incident
frequency rate down by 22%
year-over-year
7
Operational Performance
8
• Achieved record throughput at
Antamina, record zinc
production at Red Dog mine and
record steelmaking coal
production
• Executed a number of major
capital projects:
• Mill Optimization Project at
Highland Valley Copper
• Restarted Pend Oreille mine
• New acid plant at our
Trail Operations
Financial Performance
9
Revenues $8.6 billion
Gross Profit
(before depreciation & amortization)
$2.9 billion
Adjusted Profit $452 million
Dividends Paid $0.90 per share
Balance Sheet Remained Strong in 2014
10
Our Approach to Sustainability
Our Sustainability Strategy
• In 2011, we launched our formal
sustainability strategy
• Organized around 6 focus areas
representing our most material
sustainability challenges
and opportunities
• Set short-term (2015) and long-term
(2030) goals and vision for each
area
• On track to achieve all of our 2015
goals this year
11
Our Approach to Materiality
12
• Comprehensive materiality review of sustainability strategy every five
years to inform long-term strategy
• Annual materiality assessment process to identify and address
current issues
Reviewing
with internal
and external
sources
Quantifying
impacts
under G4
Guidelines
Soliciting
internal
feedback
Developing
materiality
matrix
Receiving
feedback
from COI
panel
Our Annual Materiality Process
13
2014 Highlights
Community: Creating mutual
benefits
14
2014 Highlights
 Completed Human Rights Assessments at
all operations
 10 formal agreements reached with
Indigenous Peoples in 2014
• Delivering shared value: providing
local employment and economic benefits
• Minimizing negative impacts: including
those affecting the local environment
and social landscape
• Respect and transparency: Developing
and maintaining trust-based
relationships with local communities
Case Study
Community Environmental Panel in Andacollo
• Concerns expressed by
community group regarding dust
• Formed a joint community-Teck
Environmental Panel to:
o Facilitate dialogue
o Share data and information
o Work together on solutions
• Community still has questions &
concerns
• But we now have a shared space
to communicate and focus on
shared environmental priorities
15
Case Study
Working with Indigenous Peoples in the Arctic
• Red Dog celebrated 25 years
in 2014
• Unique agreement between
Teck as operator and NANA
who own the land
• Benefits:
 $1 billion in proceeds for
NANA from the mine
 51% of employees are
NANA shareholders
 Protecting subsistence
way of life
 Long life, world class zinc
mine
16
Biodiversity: Achieving a net
positive impact
17
Achieving a net positive impact:
• Avoid impacts where possible
• Minimize impacts that are
unavoidable
• Rehabilitate affected areas
• Offset any residual impacts
2014 Highlights
 Completed Biodiversity Management Plans
at 8 operations to date
 Completed significant land/habitat
conservation actions in the Elk Valley and
Quintette regions
17
Case Study
Caribou Recovery Program
• Supported regional multi-
stakeholder initiative to
address declining caribou in
northeast BC
• Caribou identified and
transported to a remote,
secure penning site to give
birth
• 9 calves born in protective
shelter in 2014; 7 born in
2015
18
Water: Looking at the entire
watershed
19
• Moving towards a watershed-based
approach to our use and
management of water
• Established company wide and site-
specific water balances
• Water conservation, reuse and
recycling is a priority
 Operations have developed site-specific
water targets.
 Government approval of our Elk Valley
Water Quality Plan in British Columbia
2014 Highlights
Case Study
Elk Valley Water Quality Plan
• Developed a groundbreaking
watershed-based approach to
managing water quality near
our five steelmaking coal
operations in B.C.
• Over 160 written feedback
submissions received during
consultation and 700 pieces of
science-based advice from
expert panel
• Government-approved plan
includes water treatment
facilities, water diversions,
R&D and monitoring
20
Energy: Improving efficiency, reducing
emissions
21
2014 Highlights
 Reduced GHG emissions by 170 kt to the
end of 2014
 Reduced energy consumption at existing
operations by 1,050 terajoules since 2011
 16.8 MW of alternative energy generation
Importance of energy to Teck:
• One of our most significant
operational expenditures
• Rising cost of carbon is a key issue
for us to monitor and manage
• Recognize industry’s role in reducing
GHGs and addressing climate
change
Case Study
Improving Efficiency, Reducing GHGs
22
• Haul truck efficiency initiatives cut
diesel use by 10M litres and GHG
emissions by 30,000 tonnes per
year
• Diesel cost savings of ~$10M per
year
• Undertaking pilot project to
evaluate converting haul trucks to
LNG/diesel blend
• Potential to reduce annual coal
fleet fuel use by $27M, and GHG
emissions by 35,000 tonnes
23
Performance and Path Forward
Community
• Percentage of local employees in senior
management roles
• Feedback received by Communities of
Interest
• Percentage of spending on locally
based suppliers
Energy
• Direct and indirect GHG emissions
• Energy and carbon intensity for
steelmaking coal production
• Total energy use
Our People
• Voluntary turnover number by age and
gender
• Total Recordable Injury Frequency
• Lost Time Injury Frequency (LTIF)
Biodiversity
• Area reclaimed each year
• Total area of disturbance to date
Water
• New water use
• Water reused/recycled
• Total water inputs/outputs
Materials Stewardship
• Hazardous waste recycled on and off-
site
• Non-hazardous waste recycled on and
off-site
Sustainability Performance and Metrics
Examples
24
Visit www.tecksustainability.com to:
access performance data, compare progress against our goals, and view material topics
Sustainability Strategy Review
25
• Complete our short-term sustainability goals by the end of 2015
• Conducted a comprehensive review of our sustainability strategy
• We have decided to:
• Maintain five of our current focus areas: Community, Water,
Energy, Biodiversity, and Our People
• Add a new focus area on Air
• Reviewing Materials Stewardship
External Recognition
Received the PDAC
2014 Environmental
and Social
Responsibility Award
Best 50 Corporate
Citizens in Canada
2015
On the Dow Jones
Sustainability World Index
five years in a row
One of top 100 most
sustainable companies
in the world and one of
Canada’s most
sustainable companies
Top 50 Socially
Responsible
Corporations in
Canada
Received the Globe
Foundation Environment
Award in 2014
26
Summary
27
• Incorporate sustainability
into every decision
• Achieve our sustainability
goals while also improving
efficiency and reducing
costs
• Committed to doing the right
thing for the environment,
people and communities
28
Greg Waller
Vice President, Investor Relations and Strategic Analysis
Teck Resources Limited
T: 604.699.4014
E: greg.waller@teck.com
Questions?
Mark Edwards
Vice President, Community and Government Relations
Teck Resources Limited
T: 604.699.4372
E: mark.edwards@teck.com
www.tecksustainability.com

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2014 Sustainability Report Conference Call

  • 1. Sustainability Update Conference Call & Webcast July 15, 2015
  • 2. 2 Both these slides and the accompanying oral presentation contain certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) and comparable legislation in other provinces. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Teck to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These forward-looking statements include statements relating to management's expectations with respect to our business and sustainability strategies, our sustainability goals and expectation that we will achieve them in the established timeframes. These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general business and economic conditions, technological solutions, receipt of regulatory approvals and ongoing relations with interested parties. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause actual results to differ materially. Factors that may cause actual results to vary include, but are not limited to: regulatory action, changes in laws and governmental regulations, development and use of new technology, natural disasters and adverse weather conditions, changes in commodity prices, general business and economic conditions, and the future operation and financial performance of the company generally. Certain of these risks are described in more detail in Teck’s annual information form available at www.sedar.com and in public filings with the SEC. Teck does not assume the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws. Under no circumstances should the information contained herein be considered an offer to sell or a solicitation of an offer to invest in securities. Forward-Looking Information
  • 3. Agenda 3 About Us Welcome Our Approach to Sustainability 2014 Highlights Performance & Next Steps Questions
  • 5. About Us 5 Top ten copper miner in the Americas #3 zinc miner in the world Building an energy business # 1 Producer of steelmaking coal in North America # 2 Seaborne exporter of steelmaking coal globally Safety is our core value Implementing a comprehensive Sustainability Strategy
  • 6. About Us 6 • Headquartered in Vancouver, Canada, with operations in the Americas • Strategy focused on long life assets in stable jurisdictions • Sustainability: Key to managing risks and developing opportunities
  • 7. Safety Performance • Developed and implemented a new High-Potential Risk Control strategy at all operations • Total reportable injury frequency 25% lower than 2013 • High-potential incident frequency rate down by 22% year-over-year 7
  • 8. Operational Performance 8 • Achieved record throughput at Antamina, record zinc production at Red Dog mine and record steelmaking coal production • Executed a number of major capital projects: • Mill Optimization Project at Highland Valley Copper • Restarted Pend Oreille mine • New acid plant at our Trail Operations
  • 9. Financial Performance 9 Revenues $8.6 billion Gross Profit (before depreciation & amortization) $2.9 billion Adjusted Profit $452 million Dividends Paid $0.90 per share Balance Sheet Remained Strong in 2014
  • 10. 10 Our Approach to Sustainability
  • 11. Our Sustainability Strategy • In 2011, we launched our formal sustainability strategy • Organized around 6 focus areas representing our most material sustainability challenges and opportunities • Set short-term (2015) and long-term (2030) goals and vision for each area • On track to achieve all of our 2015 goals this year 11
  • 12. Our Approach to Materiality 12 • Comprehensive materiality review of sustainability strategy every five years to inform long-term strategy • Annual materiality assessment process to identify and address current issues Reviewing with internal and external sources Quantifying impacts under G4 Guidelines Soliciting internal feedback Developing materiality matrix Receiving feedback from COI panel Our Annual Materiality Process
  • 14. Community: Creating mutual benefits 14 2014 Highlights  Completed Human Rights Assessments at all operations  10 formal agreements reached with Indigenous Peoples in 2014 • Delivering shared value: providing local employment and economic benefits • Minimizing negative impacts: including those affecting the local environment and social landscape • Respect and transparency: Developing and maintaining trust-based relationships with local communities
  • 15. Case Study Community Environmental Panel in Andacollo • Concerns expressed by community group regarding dust • Formed a joint community-Teck Environmental Panel to: o Facilitate dialogue o Share data and information o Work together on solutions • Community still has questions & concerns • But we now have a shared space to communicate and focus on shared environmental priorities 15
  • 16. Case Study Working with Indigenous Peoples in the Arctic • Red Dog celebrated 25 years in 2014 • Unique agreement between Teck as operator and NANA who own the land • Benefits:  $1 billion in proceeds for NANA from the mine  51% of employees are NANA shareholders  Protecting subsistence way of life  Long life, world class zinc mine 16
  • 17. Biodiversity: Achieving a net positive impact 17 Achieving a net positive impact: • Avoid impacts where possible • Minimize impacts that are unavoidable • Rehabilitate affected areas • Offset any residual impacts 2014 Highlights  Completed Biodiversity Management Plans at 8 operations to date  Completed significant land/habitat conservation actions in the Elk Valley and Quintette regions 17
  • 18. Case Study Caribou Recovery Program • Supported regional multi- stakeholder initiative to address declining caribou in northeast BC • Caribou identified and transported to a remote, secure penning site to give birth • 9 calves born in protective shelter in 2014; 7 born in 2015 18
  • 19. Water: Looking at the entire watershed 19 • Moving towards a watershed-based approach to our use and management of water • Established company wide and site- specific water balances • Water conservation, reuse and recycling is a priority  Operations have developed site-specific water targets.  Government approval of our Elk Valley Water Quality Plan in British Columbia 2014 Highlights
  • 20. Case Study Elk Valley Water Quality Plan • Developed a groundbreaking watershed-based approach to managing water quality near our five steelmaking coal operations in B.C. • Over 160 written feedback submissions received during consultation and 700 pieces of science-based advice from expert panel • Government-approved plan includes water treatment facilities, water diversions, R&D and monitoring 20
  • 21. Energy: Improving efficiency, reducing emissions 21 2014 Highlights  Reduced GHG emissions by 170 kt to the end of 2014  Reduced energy consumption at existing operations by 1,050 terajoules since 2011  16.8 MW of alternative energy generation Importance of energy to Teck: • One of our most significant operational expenditures • Rising cost of carbon is a key issue for us to monitor and manage • Recognize industry’s role in reducing GHGs and addressing climate change
  • 22. Case Study Improving Efficiency, Reducing GHGs 22 • Haul truck efficiency initiatives cut diesel use by 10M litres and GHG emissions by 30,000 tonnes per year • Diesel cost savings of ~$10M per year • Undertaking pilot project to evaluate converting haul trucks to LNG/diesel blend • Potential to reduce annual coal fleet fuel use by $27M, and GHG emissions by 35,000 tonnes
  • 24. Community • Percentage of local employees in senior management roles • Feedback received by Communities of Interest • Percentage of spending on locally based suppliers Energy • Direct and indirect GHG emissions • Energy and carbon intensity for steelmaking coal production • Total energy use Our People • Voluntary turnover number by age and gender • Total Recordable Injury Frequency • Lost Time Injury Frequency (LTIF) Biodiversity • Area reclaimed each year • Total area of disturbance to date Water • New water use • Water reused/recycled • Total water inputs/outputs Materials Stewardship • Hazardous waste recycled on and off- site • Non-hazardous waste recycled on and off-site Sustainability Performance and Metrics Examples 24 Visit www.tecksustainability.com to: access performance data, compare progress against our goals, and view material topics
  • 25. Sustainability Strategy Review 25 • Complete our short-term sustainability goals by the end of 2015 • Conducted a comprehensive review of our sustainability strategy • We have decided to: • Maintain five of our current focus areas: Community, Water, Energy, Biodiversity, and Our People • Add a new focus area on Air • Reviewing Materials Stewardship
  • 26. External Recognition Received the PDAC 2014 Environmental and Social Responsibility Award Best 50 Corporate Citizens in Canada 2015 On the Dow Jones Sustainability World Index five years in a row One of top 100 most sustainable companies in the world and one of Canada’s most sustainable companies Top 50 Socially Responsible Corporations in Canada Received the Globe Foundation Environment Award in 2014 26
  • 27. Summary 27 • Incorporate sustainability into every decision • Achieve our sustainability goals while also improving efficiency and reducing costs • Committed to doing the right thing for the environment, people and communities
  • 28. 28 Greg Waller Vice President, Investor Relations and Strategic Analysis Teck Resources Limited T: 604.699.4014 E: greg.waller@teck.com Questions? Mark Edwards Vice President, Community and Government Relations Teck Resources Limited T: 604.699.4372 E: mark.edwards@teck.com www.tecksustainability.com