Teck announces 2050 goal for carbon neutrality

This objective demonstrates Teck’s support of the transition to a low-carbon economy and worldwide efforts to meet the goal of the Paris Agreement to limit global temperature increase. It also aligns with commitments by Canada and Chile – which are home to the majority of Teck’s operations – to be carbon neutral by 2050.

Don Lindsay, President and CEO of Teck, said: “Setting the objective to be carbon neutral by 2050 is an important step forward in committing to reducing emissions and taking action on climate change […] Climate change is a global challenge that the company and industry need to contribute to solving. Teck will pursue the technologies and measures necessary to reduce carbon emissions across our business, while continuing to responsibly provide the metals and minerals necessary for the world’s transition to a low-carbon economy.”

Teck has set out an initial roadmap to achieve carbon neutrality by first avoiding emissions and then eliminating or minimising emissions. This will include looking at alternative ways of moving materials at mines, using cleaner power sources, and implementing efficiency improvements, among other measures.

Teck is also investing in the metals needed for the transition to a low-carbon economy by significantly increasing copper production through the construction of the Quebrada Blanca Phase 2 Project in Chile. Copper is an essential material for low-carbon technology, including electric vehicles and renewable power generation.

Becoming carbon neutral by 2050 builds on Teck’s work to date in reducing emissions and advocating for climate policies. Since 2011, the company has implemented projects and initiatives to reduce greenhouse gas emissions at its operations by 289 000 t, which is the equivalent to taking over 88 000 combustion engine cars off the road.

Read the article online at: https://www.worldcoal.com/handling/04022020/teck-announces-2050-goal-for-carbon-neutrality/