VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2008) - Teck Cominco Ltd. (TSX:TCK.A and TCK.B, NYSE:TCK) (Teck) has been named to the Dow Jones Sustainability Index (DJSI) North America for the first time. Teck is one of only 22 Canadian companies named to the list, which includes North America's leading, sustainability-driven companies.
"Our inclusion in the Dow Jones Sustainability Index is an important validation of our ongoing efforts to build a company that is trusted and respected for its financial, social and environmental performance," said Don Lindsay, President and CEO. "The pursuit of sustainability is central to the core values that drive our business."
Teck's approach to sustainability is guided by evolving international standards and best practices and a commitment to the continuous improvement of its performance. Economic, environmental and social performance considerations are embedded in Teck's policies and programs throughout every stage of the company's operations. Teck follows the reporting guidelines of the Global Reporting Initiative to ensure the company's sustainability-related disclosure is transparent and accountable. The company is also a signatory to the United Nations Global Compact and supports its core value areas on human rights, labour standards, the environment and anti-corruption.
"Teck's commitment to sustainability is creating value for our shareholders, employees and the communities where we operate," added Mr. Lindsay.
Established in 1999, the Dow Jones Sustainability Indexes follow a best-in-class approach and include sustainability leaders from each industry on a global and regional level respectively. The annual review of the DJSI family is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labour practices. The results of the annual review of the DJSI family are watched closely by market investors around the world, and they also provide a platform to encourage corporate progress towards sustainability and long-term business success.
Teck is a diversified mining company, headquartered in Vancouver, Canada. Shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Teck is a world leader in the production of zinc and metallurgical coal and is also a significant producer of copper, gold and specialty metals. Further information can be found at www.teckcominco.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Teck Cominco Ltd.
Vice President, Sustainability