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 lower than 92% 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 figure reflects 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 does not currently disclose specific Scope 1, 2, or 3 emissions data, nor does it have any established reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not committed to any formal climate pledges or reduction initiatives, indicating a potential area for future development in its sustainability strategy. The emissions data is not cascaded from any parent organization, and all figures are sourced directly from Teekay Tankers Ltd. As the shipping industry faces increasing scrutiny regarding its environmental impact, Teekay Tankers may benefit from establishing clear climate commitments and reduction targets to align with industry standards and stakeholder expectations.
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.