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Sustainability Update Conference Call & Webcast
July 15, 2015
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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
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About Us
Welcome
Our Approach to Sustainability
2014 Highlights
Performance & Next Steps
Questions
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About Us
About Us
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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
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• 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
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Operational Performance
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• 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
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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
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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
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Our Approach to Materiality
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• 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
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2014 Highlights
Community: Creating mutual benefits
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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
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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
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Biodiversity: Achieving a net
positive impact
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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
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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
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Water: Looking at the entire watershed
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• 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
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Energy: Improving efficiency, reducing
emissions
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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
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• 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
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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
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Visit www.tecksustainability.com to:
access performance data, compare progress against our goals, and view material topics
Sustainability Strategy Review
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• 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
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Summary
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• 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
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Greg Waller
Vice President, Investor Relations and Strategic Analysis
Teck Resources Limited
T: 604.699.4014
Questions?
Mark Edwards
Vice President, Community and Government Relations
Teck Resources Limited
T: 604.699.4372
www.tecksustainability.com