Public Profile

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.

5

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.

9

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.

6%

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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 figure represents a slight increase from 2022, when emissions were about 1,166,344,000 kg CO2e. Over the past few years, the company has seen significant fluctuations in its emissions, with a peak of approximately 4,779,487,000 kg CO2e in 2021. Teekay Tankers has not disclosed specific data regarding Scope 1, 2, or 3 emissions, nor have they set formal reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has reported Energy Efficiency Operational Indicators (EEOI) for its Aframax and Suezmax tankers, indicating a focus on improving operational efficiency, although these metrics do not directly translate into absolute emissions reductions. Despite the lack of formal commitments or targets, Teekay Tankers continues to monitor and report its emissions, reflecting an awareness of the industry's climate impact. The company operates within a sector that is increasingly scrutinised for its environmental footprint, and ongoing improvements in energy efficiency are essential for aligning with global climate goals.

Industry emissions intensity

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Very high
Some industries are more carbon intensive than others. Teekay Tankers's primary industry is Sea and coastal water transportation services, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Teekay Tankers is in GB, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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