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Teck Resources (TSXV:TECK.A) donates $1 million to UNICEF Canada for COVID-19 response and testing

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TSX:TECK.B
31 March 2021 13:45 (EDT)
Teck Resources - CEO, Donald Lindsay

Source: Globe and Mail

Teck Resources Limited (TECK.A) is making a $1 million contribution to UNICEF Canada in support of the Access to COVID-19 Tools (ACT) Accelerator.

The ACT-Accelerator is a global partnership dedicated to the equitable distribution of vaccines, treatment and testing for COVID-19.

Teck’s contribution will also help to support COVAX, a global collaboration co-led by Gavi, the Vaccine Alliance, the Coalition for Epidemic Preparedness Innovations (CEPI) and WHO, and includes UNICEF, which leads on procurement and delivery, as well as getting countries ready to receive vaccines.

David Morley, President and CEO of UNICEF Canada, commented on the announcement,

“UNICEF is proud to be leading the global delivery of COVID-19 vaccines along with corporate partners like Teck.” “Teck is the first Canadian company to support UNICEF Canada’s COVID-19 fundraising efforts and its generous contribution will play a key role in helping us ensure safe, fast and equitable access to vaccines, tests and treatments,” he said.

Don Lindsay, President and CEO of Teck, also commented,

“Teck is focused on supporting the health and safety of our local and global communities. Beating COVID-19 is a global effort and by supporting the work of COVAX to provide access to vaccines we can help improve health and safety for everyone.”

This donation is part of Teck’s $20 million COVID-19 response fund.

Teck is a diversified resource company 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.

Teck Resources (TECK.A) is down 1.81 per cent and is currently trading at US$18.97 per share as of 12:57 pm ET. 

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