Daily CSR
Daily CSR

Daily CSR
Daily news about corporate social responsibility, ethics and sustainability

Enlisting The ‘Significant Economic Value’ Created By Teck


Teck generates economic benefits while maintaining transparency along with “voluntary disclosure”.

Dailycsr.com – 27 July 2018 – The second annual “Economic Contribution Report” of Teck has been released, whereby furnishing details on the “economic benefits” resulted from its various activities like “payments to suppliers, employee wages and benefits, and payments to governments”.
Moreover, the report exemplifies the company’s committed approach to “transparency and voluntary disclosure”. While, the chief executive as well as the president of Teck, Don Lindsay said:
“Our operations and activities generate significant economic value and help to support opportunity, jobs and growth in communities around the world. Our people are proud of the contributions of our company and our industry, and are committed to transparency around how economic contributions are distributed for local, regional and national economic and social development.”
Here is a list of the “economic benefits” of Teck for 2017, as mentioned by ReportAlert:
  • $10.3 billion in economic contribution across all areas where we operate
  • $7 billion in payments to suppliers
  • $1.6 billion in payments to different levels of government where we operate
  • $1.5 billion in wages and benefits for employees
For further information, kindly visit: