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Teekay Corporation Ltd., commonly referred to as Teekay, is a prominent player in the sea and coastal water transportation services industry, headquartered in the British Virgin Islands (BM). Founded in 1973, Teekay has established itself as a leader in the maritime sector, specialising in the transportation of oil, gas, and other bulk liquids.
With a strong operational presence in key regions such as North America, Europe, and Asia, Teekay offers a diverse range of services, including tanker operations and floating production storage and offloading (FPSO) units. The company is recognised for its innovative approach to marine transportation, which enhances efficiency and safety in the industry. Teekay's commitment to sustainability and operational excellence has solidified its market position, making it a trusted partner in global shipping and logistics.
-8 vs industry average
Teekay Corporation Ltd.’s score of 0 is lower than 0% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Maritime Transport is among the most carbon-intensive industries
The Maritime Transport industry has reduced its overall emissions by 28% since 2018
Scope 3 accounts for ••• of total emissions.
Teekay Corporation Ltd., based in BM and operating in sea and coastal water transportation services, reported total carbon emissions of approximately 4.78 billion kg CO2e in 2021. This represents a decrease from 4.93 billion kg CO2e in 2020 and 5.23 billion kg CO2e in 2019.
Teekay has not publicly disclosed specific Scope 1, Scope 2, or Scope 3 emissions data, but has provided a total figure for their emissions. The company's 2021 Sustainability Report includes production emission factors such as the Average Annual Efficiency Ratio (AER) for Oil Tankers (80,000 – 119,999 DWT) at 0.00513 per tonne-mile and the Energy Efficiency Operational Indicator (EEOI) for Suezmax Tankers at 0.00658 per tonne-mile.
As of the latest available information, Teekay Corporation Ltd. has not publicly committed to any Science Based Targets initiative (SBTi) reduction targets or other specific climate pledges.
No climate goals have been disclosed for Teekay Corporation Ltd. yet.
No scope 3 category breakdown has been disclosed yet.


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