Teekay Corporation Ltd., commonly referred to as Teekay, is a leading provider of marine services and transportation solutions, headquartered in Bermuda (BM). Founded in 1973, the company has established a strong presence in the global shipping industry, particularly in the transportation of liquefied natural gas (LNG) and crude oil. Teekay operates across key regions, including North America, Europe, and Asia, offering a diverse range of services such as ship management, offshore production, and marine logistics. Renowned for its innovative approach, Teekay's fleet includes advanced shuttle tankers and floating production storage and offloading units (FPSOs), setting it apart in a competitive market. With a commitment to safety and sustainability, Teekay has achieved significant milestones, solidifying its position as a trusted partner in the energy sector.
How does Teekay Corporation Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Maritime Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Teekay Corporation Ltd.'s score of 5 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Teekay Corporation Ltd., headquartered in BM, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the company has not established any documented reduction targets or climate pledges. As a result, Teekay's climate commitments and initiatives remain unclear, and there is no information regarding their alignment with industry standards or frameworks such as the Science Based Targets initiative (SBTi). The absence of emissions data and reduction strategies suggests that Teekay Corporation Ltd. may need to enhance its transparency and commitment to climate action within the maritime industry.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Teekay Corporation Ltd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.