Teck Resources (TSX, NYSE: TECK) announced on Thursday a target to reduce carbon intensity by 33% by 2030 as part of its new sustainability strategy.
This builds on the previously announced commitment to be carbon neutral across all its operations and activities by聽2050,聽Teck聽said.
The move comes just weeks after聽Teck walked away from plans聽to build the C$20.6 billion ($15.7 billion) Frontier oilsands mine, only days before the Canadian government was slated to make a decision on the 260,000-barrel-per-day project in northern Alberta. Canada鈥檚 largest diversified miner will take a C$1.13 billion ($852.12 million)聽writedown聽on the project.聽聽
This builds on the previously announced commitment to be carbon neutral across all its operations and activities by聽2050
鈥淲e are always challenging ourselves to improve sustainability performance, so we can be sure we are providing the mining products needed for a cleaner future in the most responsible way possible,鈥� CEO Don Lindsay said in .
鈥淲e have set ambitious new goals for carbon reduction, water stewardship, health and safety, and other areas because we believe that a better world is made possible through better mining.鈥澛犅�
罢别肠办鈥檚听聽also includes goals to procure 50% of its electricity demands in Chile from clean energy by 2020 and 100% by 2030 and聽accelerate the adoption of zero-emissions alternatives for transportation by displacing the equivalent of 1,000 internal combustion engine vehicles by 2025.聽聽
Last fall, Teck聽launched new聽electric passenger buses to transport employees to and from its Fording River and聽Greenhills聽steelmaking coal operations in British Columbia鈥檚 Elk Valley region.