Teck and BC Parks Foundation Partner to Support Natural Spaces Across B.C.
07 December 2022 - 3:51AM
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK)
(“Teck”) and the BC Parks Foundation today announced a $5 million
donation from Teck to the BC Parks Foundation to enhance and expand
BC’s world-class system of parks and protected areas.
The collaboration between Teck and the BC Parks Foundation will
help to preserve and expand green spaces in rural and urban areas,
protect important natural park lands and give more people the
opportunity to enjoy BC’s incredible natural wealth. Funds will be
used to expand successful initiatives including:
- Helping create new protected areas and animal migration
corridors, to preserve natural spaces and mitigate climate
change.
- Getting more people involved in monitoring and protecting
wildlife and their habitats.
- Promoting responsible and safe enjoyment of natural areas
through educational activities and events for visitors and
children.
- Working with Indigenous people to create informative trails and
experiences in parks to foster reconciliation.
- Providing British Columbians the opportunity to experience the
health benefits of nature, including park experiences for
vulnerable and marginalized people.
The partnership aligns with Teck’s commitment to becoming a
nature positive company, and the BC Parks Foundation’s recently
announced 25x25 initiative.
The Foundation’s 25x25 initiative is inspiring people across BC
to protect 25 important places by 2025, in support of Canada’s goal
of protecting 25% of land and sea in the next three years. In
addition, 25x25 inspires people to collect 25 million nature
observations, enjoy 25 parks or outdoor activities responsibly and
safely, and spend a minimum of 2.5 hours a week outside getting
healthy by nature.
Teck’s goal to a become a nature positive company by 2030 means
that, by 2030, Teck’s conservation, protection and restoration of
land and biodiversity will exceed the disturbance caused by its
mining activities from a 2020 baseline. In doing so, Teck will
conserve or rehabilitate at least three hectares for every one
hectare affected by its mining activities. To learn more about
Teck’s nature positive goal, click here.
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Quotes:
Honorable Josie Osborne, British Columbia
Minister of Land, Water and Resource Stewardship and
Minister Responsible for Fisheries -
“British Columbia has the greatest diversity of species, ecosystems
and habitats of any of Canada’s provinces or territories. Ensuring
we conserve and protect these natural spaces has never been more
important. Teck’s partnership with BC Parks Foundation on the 25x25
Campaign is a concrete example of how we can all work together to
protect more of B.C.’s natural beauty and encourage people to get
outside and enjoy it now and in the future.”
Jonathan Price, CEO, Teck – “This collaboration
with the BC Parks Foundation supports Teck’s work to become a
nature positive company by helping protect nature while also
enhancing access to green space for people across British Columbia.
Tackling the global challenge of nature loss requires all sectors
to work together and we are excited to be partnering with the BC
Parks Foundation on this important initiative.”
Andrew Day, CEO, BC Parks Foundation - “One
thing that unites all British Columbians is our love of parks and
nature. As a BC-based company, Teck is showing leadership globally
through their nature positive commitment, and here at home through
their groundbreaking support for our 25x25 goals. Teck’s landmark
gift will make a real positive impact in keeping BC beautiful, for
everyone to enjoy, forever.”
Forward Looking Statements - TeckThis news
release contains certain forward-looking information and
forward-looking statements as defined in applicable securities laws
(collectively referred to as forward-looking statements). These
statements relate to future events or our future performance. All
statements other than statements of historical fact are
forward-looking statements. The use of any of the words “will”,
“intend”, “expect”, and similar expressions is intended to identify
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those
anticipated in such forward-looking statements. These statements
speak only as of the date of this news release.
These forward-looking statements include, but are not limited
to, statements relating to: our goal to become a nature positive
company by 2030 and the actions we intend to take to achieve this
goal, including our intended donations and commitments to conserve
or rehabilitate at least three hectares for every one hectare
affected by mining activities; the expected use and impact of our
donations and our other nature positive initiatives. Actual results
and developments are likely to differ, and may differ materially,
from those expressed or implied by the forward-looking statements
contained in this news release. Such statements are based on a
number of estimates, projections, beliefs and assumptions which are
inherently uncertain and difficult to predict and may prove to be
incorrect, including but not limited to expectations and
assumptions concerning: the availability of land or other
opportunities for conservation, rehabilitation, or capacity
building in appropriate locations on commercially reasonable terms
and the ability to obtain any required external approvals or
consensus for such opportunities; our ability to achieve our nature
positive and biodiversity goals and the longer term impacts of
those goals and strategies on our business; environmental
compliance costs generally; and assumptions regarding the
development of our business generally and general economic
conditions. Factors that may cause actual results to vary include,
but are not limited to, actual biodiversity consequences;
unavailability of land or other opportunities for conservation,
rehabilitation or capacity building on commercially reasonable
terms or inability to obtain any required external approvals or
consensus for such opportunities; changes in laws and governmental
regulations or enforcement thereof that impact our operations,
goals or strategy and changes in commodity price, costs or general
economic conditions.
We caution you that the foregoing list of important factors and
assumptions is not exhaustive. Other events or circumstances could
cause our actual results to differ materially from those estimated
or projected and expressed in, or implied by, our forward-looking
statements. Inherent in forward-looking statements are risks and
uncertainties beyond our ability to predict or control. Further
information concerning risks, assumptions and uncertainties
associated with these forward-looking statements and our business
can be found in our most recent Annual Information Form filed under
our profile on SEDAR (www.sedar.com) and on EDGAR (www.sec.gov)
under cover of Form 40-F, as well as subsequent filings that can
also be found under our profile. We assume no obligation to update
forward-looking statements except as required under securities
laws.
About TeckAs one of Canada’s leading mining
companies, Teck is committed to responsible mining and mineral
development with major business units focused on copper, zinc, and
steelmaking coal. Copper, zinc and high-quality steelmaking coal
are required for the transition to a low-carbon world.
Headquartered in Vancouver, Canada, Teck’s shares are listed on the
Toronto Stock Exchange under the symbols TECK.A and TECK.B and the
New York Stock Exchange under the symbol TECK. Learn more about
Teck at www.teck.com or follow @TeckResources.
About BC Parks FoundationAs the official
charitable partner of BC Parks, the BC Parks Foundation’s goal is
to create the greatest system of parks and protected areas in
the world. Enjoy now, protect forever. Learn more
at bcparksfoundation.ca and 25x25.ca.
Teck Media Contact:Chris StannellPublic
Relations Manager604.699.4368chris.stannell@teck.com
BC Parks Foundation Media Contact:Jennie
McCaffreyDirector of
Engagement778.222.5543Jennie.mccaffrey@bcparksfoundation.ca
Teck Investor Contact:Fraser PhillipsSenior
Vice President, Investor Relations and Strategic
Analysis604.699.4621fraser.phillips@teck.com
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