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 91% 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, there is no information on their Scope 1, 2, or 3 emissions, nor any significant achievements in emissions reduction. The absence of data suggests that Teekay Corporation Ltd. may still be in the early stages of developing a comprehensive climate strategy or reporting framework. In the context of the shipping industry, where emissions reduction is increasingly critical, Teekay's lack of publicly available data may indicate a need for enhanced transparency and commitment to climate initiatives.
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.