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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.
0
DitchCarbon score
-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.
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Industry Intensity
Very High
Maritime Transport is among the most carbon-intensive industries
Industry performance
1.042
20182025
The Maritime Transport industry has reduced its overall emissions by 28% since 2018
Emissions trajectory 2020 – 2021
20202021
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Teekay Corporation Ltd.'s reported carbon emissions
Teekay Corporation Ltd., a Bermuda-based company providing sea and coastal water transportation services, reported total emissions of approximately 4.78 billion kg CO2e in 2021. This represents a decrease from their 2020 total emissions of about 4.93 billion kg CO2e and a further reduction from 2019's approximately 5.23 billion kg CO2e.
Teekay has not disclosed specific Scope 1, 2, or 3 emissions data, though some downstream categories have been reported. The company provides production emission factors such as the Average Annual Efficiency Ratio (AER) for Oil Tankers and the Energy Efficiency Operational Indicator (EEOI) for Suezmax Tankers. Teekay has not yet set any specific emissions reduction targets or made commitments through initiatives like the Science Based Targets initiative (SBTi) or The Climate Pledge.
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Teekay Corporation Ltd.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Teekay Corporation Ltd. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Teekay Corporation Ltd.11 days ago
0
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