VANCOUVER – For the second year in a row, Teck Resources has been named one of the Global 100 Most Sustainable Corporations. The announcement was made on Tuesday at the World Economic Forum in Davos, Switzerland. Teck, holding down the No.41 spot, was the only mining company on the list.
"This ranking recognizes the dedicated work of our employees, whose commitment to responsible resource development has made Teck a global leader in sustainability," said president and CEO Don Lindsay in a news release. "At Teck, we are focused on ensuring people around the world can enjoy a better quality of life because of mining and the products it helps create. We remain committed to continually improving our sustainability performance and this recognition confirms we are moving in the right direction."
Lindsay's company has much to be proud of. Teck has also been named to the Dow Jones Sustainability World Index for the last four years, which ranks Teck's sustainability practices in the top 10% of the world's 2,500 largest public companies. In 2013, Teck was named one of the Best 50 Corporate Citizens by Corporate Knights and one of the top 50 Socially Responsible Corporations by Sustainalytics.
Congratulations to Teck on all counts.
The list of 100 most sustainable companies is compiled by media and investment research company Corporate Knights. Not everyone agrees with the rankings, and CMJ readers can learn more about the process at Global100.org.
A brief look at the list reveals several other Canadian corporations that made the grade: Tim Hortons (22), Bombardier (24), Bank of Montreal (49), Cenovus Energy (52), Suncor Energy (53), Intact Financial Corp. (67), Telus Corporation (70), BCE Inc (73), Enbridge (75), Encana Corp. (76), Sun Life Financial (79), and the Toronto-Dominion Bank (90).
Canada is well represented with 13% of the names on the list. We certainly don't have 13% of the global population, so it seems we are punching well above our weight.
That three of our natural resources producers made the list of the most sustainable companies should give Canadians bragging rights wherever they go.