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.
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.
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 Tankers's score of 5 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 decreasing from about 1,166,344,000 kg CO2e in 2022. Over the years, Teekay has shown a trend of fluctuating emissions, with a peak of about 5,279,233,000 kg CO2e in 2018. Teekay's emissions data primarily reflects total emissions without specific disclosures on Scope 1, 2, or 3 emissions. The company has not set formal reduction targets or climate pledges, indicating a potential area for future commitment. However, they have implemented various operational efficiency measures, such as the Energy Efficiency Operational Indicator (EEOI) for their Aframax and Suezmax tankers, which aim to enhance fuel efficiency and reduce overall emissions. Overall, while Teekay Tankers has made strides in reducing its carbon footprint, the absence of formal reduction targets suggests that further commitments may be necessary to align with industry standards and climate goals.
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 committed to any reduction initiatives 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.