 - link Copy URL
- [     Share on X ](https://twitter.com/intent/tweet?text=Teck Reports $11 Billion in Economic Contribution in 2020, Including $1.6 Billion in Wages and Benefits to Over 10,000 Employees https://www.3blmedia.com/markdownify/node/337781?absolute=1&via=3blnews "Share on X")
- [  Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/337781?absolute=1 "Share on Linkedin")
- [  Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/337781?absolute=1 "Share on Facebook")
- [ email Share via email ](mailto:?subject=Teck Reports $11 Billion in Economic Contribution in 2020, Including $1.6 Billion in Wages and Benefits to Over 10,000 Employees&body=ESG News from Alerts https://www.3blmedia.com/markdownify/node/337781?absolute=1 "Share via email")
 
 

 [Research &amp; Reports](/categories/research-reports)

 # Teck Reports $11 Billion in Economic Contribution in 2020, Including $1.6 Billion in Wages and Benefits to Over 10,000 Employees

 


 

 Jul 12, 2021 9:00 AM ET

  ![](/s3/files/styles/carousel_2x/s3/2026-08/PBL-007.2021.01_ECR_EN_06_1786693086.jpg)

 

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has released its fifth annual Economic Contribution Report, detailing the direct economic benefits created in the communities and jurisdictions where we operate, including payments to suppliers, employee wages and benefits, and payments to governments.

In 2020, Teck provided $10.8 billion in total economic contribution across all areas where we operate, including:

- $7.4 billion in Canada
- $2.1 billion in Chile
- $1.1 billion in the U.S.

Some highlights of our total economic contribution include:

- $1.6 billion in wages and benefits to over 10,000 employees worldwide
- $8.4 billion in spending with suppliers, supporting additional jobs and activity in the areas where we operate
- $375.7 million in payments to different levels of government

Our annual Economic Contribution Report provides detailed information on our payments to governments and other economic contribution, including wages and supplier spending. In this report, we provide an analysis of our tax payments in 2020 by type, country and level of government. We also include additional detail on the value Teck generates for the communities in which we operate, including Indigenous communities, through wages, payments to suppliers and contractors, and other economic activities.

For more information and to download Teck’s 2020 Economic Contribution Report, visit the Teck website at: <https://www.teck.com/responsibility/sustainability-topics/communities-and-indigenous-peoples/economic-contributions/>

**About Teck**  
As 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, as well as investments in energy assets. 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](http://www.teck.com/) or follow [@TeckResources](http://www.twitter.com/teckresources).

**Investor Contact:**  
[Fraser Phillips](mailto:fraser.phillips@teck.com)  
Senior Vice President, Investor Relations &amp; Strategic Analysis  
604.699.4621

**Media Contact:**  
[Chris Stannell](mailto:chris.stannell@teck.com)  
Public Relations Manager  
604.699.4368

**[Read the Report](https://www.teck.com/responsibility/sustainability-topics/communities-and-indigenous-peoples/economic-contributions/)**



 

### Additional Media

#### Images

 [  ![](/sites/default/files/styles/carousel_thumbnail_x2/public/images/PBL-007.2021.01_ECR_EN_06.jpg?h=3f42818d)  ](/sites/default/files/images/PBL-007.2021.01_ECR_EN_06.jpg) 

 [  ![](/sites/default/files/styles/carousel_thumbnail_x2/public/images/teck_logo_RGB_TECK-BLUE.png?h=40b41827)  ](/sites/default/files/images/teck_logo_RGB_TECK-BLUE.png) 

 

 

 

 

 

 

 

 

 [![3BL logo ](/sites/default/files/2023-06/3BL%20FULL%20LOGO_MIDNIGHT_MEDIUM_0.png)](/profiles/alerts)

 



 

### More from Alerts

###### [Blackbaud Releases 2025 Impact Report Highlighting Responsible AI Progress, Sustainability Gains, and Global Impact at Scale](/news/blackbaud-releases-2025-impact-report-highlighting-responsible-ai-progress-sustainability)

 May 19, 2026 11:00 AM ET

  



###### [For Generations To Come: Ancestry Publishes 2025 Impact Report](/news/generations-come-ancestry-publishes-2025-impact-report)

 Apr 29, 2026 10:00 AM ET

  



###### [U.S. Dairy Publishes 2023-2024 Sustainability Report](/news/us-dairy-publishes-2023-2024-sustainability-report)

 Nov 18, 2025 9:00 AM ET

  



###### [Employee Dedication Drives Progress Toward Animals, People and Planet Goals in Aurora Organic Dairy’s 2025 Sustainability Report](/news/employee-dedication-drives-progress-toward-animals-people-and-planet-goals-aurora-organic)

 Sep 10, 2025 8:00 AM ET

  



###### [Takeda Report Highlights Company’s Commitment to Cutting-Edge Science, Putting Patients First](/news/takeda-report-highlights-companys-commitment-cutting-edge-science-putting-patients-first)

 Jul 8, 2025 9:00 AM ET

  



###### [Kinross Releases 2024 Sustainability Report](/news/kinross-releases-2024-sustainability-report)

 Jun 10, 2025 10:00 AM ET

  



###### [Blackbaud’s 2024 Impact Report Highlights Continued Commitment to Corporate Social Responsibility](/news/blackbauds-2024-impact-report-highlights-continued-commitment-corporate-social-responsibility)

 May 29, 2025 11:00 AM ET

  



###### [Vancity Restores Profitability and Stays True to Its Co-Operative Values](/news/vancity-restores-profitability-and-stays-true-its-co-operative-values)

 May 14, 2025 6:00 AM ET