Teekay Tankers Ltd., a prominent player in the sea and coastal water transportation services industry, is headquartered in Great Britain. Founded in 2001, the company has established itself as a leader in the transportation of crude oil and refined petroleum products, operating a modern fleet across key regions including the North Sea, Mediterranean, and the Americas.
Teekay Tankers is renowned for its commitment to safety and efficiency, offering a range of services that include ship management and logistics support. The company’s innovative approach to vessel operation and maintenance has positioned it favourably in a competitive market. With a strong focus on sustainability and environmental responsibility, Teekay Tankers continues to achieve significant milestones, reinforcing its status as a trusted partner in maritime transportation.
+1 vs industry average
Teekay Tankers’s score of 9 is lower than 45% 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
Maritime Transport is among the most carbon-intensive industries
Industry performance
The Maritime Transport industry has increased its overall emissions by 30% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Teekay Tankers's reported carbon emissions
Teekay Tankers, a prominent player in sea and coastal water transportation services headquartered in Great Britain, is actively addressing its carbon footprint with specific reduction targets. For 2024, the company reported approximately 459,000 kg CO2e in Scope 2 emissions. While detailed Scope 1 and Scope 3 data for this year are not specified, Teekay Tankers has set a clear objective to reduce its Scope 1 and Scope 2 emissions by 30% from a 2020 baseline by 2030. Looking back, Teekay Tankers reported a total of approximately 1.176 billion kg CO2e in 2023 and approximately 1.166 billion kg CO2e in 2022. For 2021, total emissions were approximately 4.779 billion kg CO2e, and in 2020, total emissions stood at approximately 4.931 billion kg CO2e. Earlier data indicates total emissions of approximately 4.316 billion kg CO2e in 2015 and approximately 4.501 billion kg CO2e in 2014. Beyond these specific targets, Teekay Tankers is committed to achieving net-zero emissions by 2050, a long-term goal that underscores its dedication to climate action. The company's sustainability reports provide further insights into its operational efficiency indicators, such as the Energy Efficiency Operational Indicator (EEOI) for different tanker classes, which are crucial metrics in monitoring environmental performance within the maritime industry.
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Teekay Tankers’s Climate Goals (2030 & 2050)
4 goals2030
30% reduction in Scope 1
We will reduce our Scope 1 emissions by 30% from 2020 baseline by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 4 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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