GlobalData offers a comprehensive analysis of Teck Resources, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Teck Resources‘ ESG performance. GlobalData’s company profile on Teck Resources offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

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Teck Resources, a Canadian mining company, has set target for net zero by 2050. The company aims to achieve a 33% reduction in the carbon intensity of its operations by 2030. The company also aspires to attain net-zero Scope 2 (electricity) emissions by 2025 and has a long-term ambition to achieve net-zero Scope 3 emissions by 2050. In 2022, the recorded emissions include 2,733 kilotonnes of CO2e for total direct emissions (Scope 1), 117 kilotonnes of CO2e for total indirect emissions (Scope 2), and a substantial 65,000 kilotonnes of CO2e in Scope 3.

Teck Resources is actively working towards reducing its carbon emissions and GHG emissions. The company's engagement with various trade associations indicates its commitment to addressing climate change and reducing emissions. The company collaborates with customers and transportation providers to establish low-carbon supply chain corridors, aiming to support a 40% reduction in shipping emission intensity for its own shipping operations. Furthermore, the company is committed to accelerating the adoption of zero-emissions alternatives for transportation, with the goal of displacing the equivalent of 1,000 internal combustion engine (ICE) vehicles by 2025.

To achieve its net-zero targets, Teck Resources has taken steps to reduce emissions and plans to continue doing so in the future. The company has made investments in initiatives that support climate action, such as supporting carbon credits to reduce GHG emissions worldwide. Teck Resources is also aligned with trade associations that advocate for carbon pricing and a robust carbon credits market. These actions demonstrate the company's commitment to reducing emissions and achieving its net-zero targets. The company has also engaged with the government on topics such as carbon pricing, clean energy standards, and climate preparedness. Teck Resources supports a steady and committed approach to climate action that balances emissions reduction with sustainable economic growth.

In conclusion, Teck Resources has set net-zero targets for reducing its GHG emissions and is actively working towards achieving them. The company has taken steps to reduce emissions, including investments in climate action initiatives. Teck Resources is aligned with trade associations that support carbon pricing and carbon credits. The company also engages with policy makers on climate change policies and regulations. Through these efforts, Teck Resources aims to contribute to global efforts to combat climate change and achieve a sustainable future.

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