ICMM is advocating an approach to policy and action that will ensure our industry plays its full part in contributing to sustainable development while remaining competitive in a low carbon economy. Their approach is based on applying a set ofseven principlesfor guiding development of policy and action and industry commitments.

在Teck，我们认为气候变化直接受到人类活动的影响，并且需要对解决决定性的全球行动。我们生产的金属和矿物质对建立减少温室气体（GHG）排放所需的技术和基础设施至关重要。我们有责任通过减少我们自己的排放和倡导支持到低碳经济过渡的政策来帮助解决这种全球挑战。

At the same time, there are significant costs involved as a large consumer of energy. There is the existing cost of energy, as well as potential new costs, such as a carbon price and the possibility of subsequent increases to it. These factors contribute to the importance for Teck to manage its energy consumption and GHG emissions as efficiently as possible.

Our commitment to efficient energy and climate action is outlined in our气候行动策略。Our strategy to contribute to global climate action, to adapt to a low-carbon economy and to continue to responsibly produce the materials essential for society is built around four pillars:

1. Positioning Teck for the Low-Carbon Economy
2. 减少我们的碳足迹
3. 倡导气候行动
4. Adapting to the Physical Impacts

Teck advocates for broad-based carbon pricing and we build carbon pricing into our business planning, capital planning and risk-decision processes. Currently, all of our steelmaking coal operations are covered by carbon pricing, as is half of our copper business and all of our metals refining business. While there is uncertainty in determining the future financial implications of carbon costs, we start with the assumptions that carbon prices will be continuously adopted around the globe, and that they will increase over time.

Carbon pricing is integrated into a variety of decision-making processes, ranging from annual operating budgets developed at the site level to corporate decision-making for large capital investments. We also calculate and consider our carbon exposure in terms of absolute costs incurred on an annual basis and projected out for at least five years.

在存在明确和某些碳价格的情况下，我们将该价格纳入了该价格以及任何已知或计划的碳价格的变化。如果存在不确定性，我们通常会进行敏感性分析，以更好地了解我们的暴露和风险是根据不同碳定价和监管情景的影响，例如考虑两种气候情景的本文件后面描述的那些。

In addition, we continue to advocate for carbon pricing policies that maintain the global competitiveness of trade-exposed industries to prevent carbon leakage, which is when GHG emissions move from one jurisdiction to another as a result of differences in carbon prices.