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Teck (TSX:TECK.A) donates $500,000 to support global access to COVID-19 vaccines

Mining
TSX:TECK.A
30 July 2021 14:45 (EDT)

Source: Gavi, the Vaccine Alliance

Teck Resources Limited (TECK.A) has announced a $500,000 donation to UNICEF Canada in support of the COVID-19 Vaccine Global Access Facility (COVAX).

This donation is in addition to a previous $1 million contribution made by Teck to UNICEF Canada for the COVAX program in March 2021.

“Working together to vaccinate the world is one of the most effective ways to help children, their families and their communities move beyond the pandemic and protect us all from future variants,” said David Morley, President and CEO of UNICEF Canada.

“Teck’s unwavering support and generous donation will help us deliver COVID-19 vaccines to frontline workers and vulnerable populations around the globe, including in some of the world’s hardest-to-reach places.”

“Teck is proud to again support UNICEF and the Government of Canada in the global effort to defeat COVID-19,” said Don Lindsay, President and CEO, Teck.

“Providing broad access to COVID-19 vaccines is key to ensuring the health and safety of our local and global communities and this contribution will help UNICEF’s vaccination efforts in countries most in need.”

Teck is making this new contribution in recognition of the COVID-19 rapid tests provided for Teck’s worksites through a Government of Canada initiative. This initiative makes tests available to businesses and organizations for workplace screening, helping to support the health and wellbeing of Teck employees and communities.

Teck’s contribution to UNICEF will help support vaccination efforts in countries most in need and will support equitable access to COVID-19 vaccines. The contribution will ensure that over 100,000 health care workers in the most difficult to reach communities receive vaccination from COVID-19 and will establish permanent infrastructure to serve future women and children’s needs.

COVAX is 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. It is currently targeting 190 countries having access to 2 billion COVID-19 vaccine doses available for delivery by the end of 2021.

This donation is part of Teck’s $20 million COVID-19 Response Fund, supporting critical social initiatives and increased healthcare capacity in the communities in which Teck operates and globally.

Through the fund, Teck also made an additional $1 million available to advance the use of copper products to support infection control and prevention through its Copper & Health program, and has supported numerous health and social service organizations.

Teck is a leading mining company committed to responsible mining and mineral development focusing on copper, zinc, and steelmaking coal, as well as investments in energy assets.

Teck Resources’ Class A Multiple Voting Shares (TECK.A) are down 2.15 per cent, trading at C$34.98 at 2:45 pm ET.

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