Agnico, Teck honored for sustainability
Pair of responsible Canadian mining companies land Corporate Knights Global 100 Sustainable Corporations index for 2021 North of 60 Mining News – January 29, 2021
Last updated 5/20/2021 at 3:58pm
Two mining companies with operations in Alaska and northern Canada, Agnico Eagle Mines Ltd. and Teck Resources Ltd., landed on the Corporate Knights list of 2021 Global 100 Sustainable Corporations, an index of the most sustainable corporations in the world.
With an overall score of 60.6%, Agnico Eagle placed 73rd, making it the top-ranked mining company appearing on Corporate Knight's 2021 Global 100 list.
"We are extremely proud to be recognized as one of the world's 100 most sustainable corporations, especially as the top-ranking mining company," said Carol Plummer, senior vice president of sustainability, people and culture at Agnico Eagle. "For over 60 years, Agnico Eagle has worked hard to earn our reputation as a partner of choice within the industry by operating with respect for others, building trust, being reliable and sharing opportunities."
While Agnico Eagle has previously been named to Corporate Knights' list of the best 50 corporate citizens in Canada, 2021 marks the first time the Toronto-based miner has left its mark on the global index.
Agnico Eagle says its rank on the global stage reinforces our work and commitment to sustainable and responsible gold mining and puts it in good company with many other recognized leaders in sustainability such as Schneider Electric, a France-based firm that was named the No. 1 sustainable corporation; Stantec Inc., a Canadian engineering firm that came in at No. 5; McCormick & Company, the highest-ranking United States company.
"At Agnico Eagle, sustainability is a mindset, and we see it as an opportunity to do better, to constantly improve and to deliver on our responsibilities and promises to our stakeholders," said Agnico Eagle Mines CEO Sean Boyd.
Teck Resources, a British Columbia-based mining company that has received multiple awards for its corporate citizenship, landed 91st on the Corporate Knights list of 2021 Global 100 Sustainable Corporations.
"This recognition is driven by our employees whose commitment to sustainability is directly responsible for Teck being named to the Global 100 for the third consecutive year," said Teck Resources President and CEO Don Lindsay. "We are focused on responsibly producing the metals and minerals necessary for the transition to a low-carbon economy and for building a better quality of life for people around the world."
Coming in right behind Alphabet Inc., the parent company of Google, and ahead of Tesla, Teck is the second highest ranked mining company on Corporate Knights global list.
"Teck's inclusion in the 2021 Global 100 list demonstrates the company's focus on connecting environmental and social responsibility with strong business performance," said Corporate Knights CEO Toby Heaps. "Teck has embedded sustainability throughout its business strategy and serves as a strong example of a responsible mining company leading the pivot to a low-carbon economy."
Corporate Knight says the Global 100 list was distilled from a list of more than 8,080 worldwide companies, representing more than US$1 billion in revenues. These companies were evaluated on a set of environmental, governance, social, and economic key performance indicators, including new social criteria reflected by both the COVID-19 pandemic and the Black Lives Matter movement.
Corporate Knights is a Canada based publishing company focused on "clean capitalism," which it defines as "an economic system in which prices incorporate social, economic and ecological benefits and costs, and actors know the full impacts of their actions."