Teck Named to Dow Jones Sustainability World Index
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2010) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) has been named to the Dow Jones Sustainability World Index (DJSI), indicating that Teck's sustainability practices rank in the top 10 per cent of companies in the resource industry worldwide.
"This is an important milestone that was made possible by teamwork and collaboration across the company, from the board and executives to every worker in our operations," said Don Lindsay, Teck's CEO. "Our commitment to sustainability encompasses many areas, including worker safety, environmental practices and community engagement and development."
Lindsay noted that Teck's rating on the DJSI has steadily improved over the past four years, as the company set ambitious targets and consistently worked to develop its capacity to contribute to sustainability through its operations, community engagement and dialogue, and product stewardship.
Teck achieved a DJSI North America ranking in 2009, which reflected a position in the top 20 per cent in the resource industry in North America. Upgrading from the North American index to the world index - rating in the top 10 per cent of its industry worldwide - represents significant progress.
Dow Jones contracts Sustainable Asset Management, an investment boutique focused on sustainability investing, to compile the DJSI. Launched in 1999, the DJSI tracks the performance of global sustainability leaders, through an annual assessment of the world's 2,500 largest public companies. Among other factors, it measures management practices surrounding economic, environmental and social engagement approaches. Teck's rating reflects its standing among the top seven companies in the world in its sector this year.
"The DJSI is an important tool for continuous improvement," Lindsay said. "We've analysed our scores each year very carefully, identified areas for development, and really focused on improving them. As a company committed to ongoing development of our sustainable practices, it's a crucial way for us to benchmark and challenge ourselves every year."
For more information on the DJSI, go to http://www.sustainability-indexes.com/
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Further information about Teck can be found at: www.teck.com.