Teekay Tankers
Teekay Tankers Ltd., a prominent player in the maritime industry, is headquartered in Hamilton, Bermuda, with significant operational activities across key regions including the North Sea, the Mediterranean, and the Americas. Founded in 2007, Teekay Tankers has established itself as a leader in the transportation of crude oil and refined petroleum products, boasting a modern fleet of double-hulled tankers that prioritise safety and environmental sustainability. The company’s core services include spot and time chartering, providing flexible shipping solutions tailored to client needs. Teekay Tankers is recognised for its commitment to operational excellence and has achieved notable milestones, including a strong market position within the global tanker fleet. With a focus on innovation and efficiency, Teekay Tankers continues to set industry standards in maritime transportation.
DitchCarbon Score
How does Teekay Tankers'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.
Industry Average
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.
Industry Benchmark
Teekay Tankers's score of 5 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Teekay Tankers's reported carbon emissions
In 2023, Teekay Tankers reported total carbon emissions of approximately 1,176,254,000 kg CO2e. This marks a significant reduction from previous years, with emissions of about 1,166,344,000 kg CO2e in 2022. Over the years, Teekay's emissions have fluctuated, with a peak of about 5,279,233,000 kg CO2e in 2018. Teekay Tankers has not disclosed specific targets for emissions reductions or commitments to the Science Based Targets initiative (SBTi). The company has not provided detailed information on its Scope 1, 2, or 3 emissions, which limits the understanding of its overall carbon footprint. However, the reported emissions data indicates a trend towards lower emissions in recent years, suggesting ongoing efforts to improve operational efficiency. The average annual efficiency ratio (AER) and energy efficiency operational indicators (EEOI) for their tankers have been reported, indicating a focus on enhancing energy efficiency in their operations. For instance, the EEOI for Aframax tankers was reported at 0.00956 in 2023, reflecting their commitment to reducing carbon intensity. Overall, while Teekay Tankers has made strides in reducing emissions, the absence of formal reduction targets or comprehensive scope disclosures highlights an area for potential improvement in their climate commitments.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Tankers 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.
