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 100% 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 past decade, the company has shown a trend of fluctuating emissions, with a peak of about 5,278,233,000 kg CO2e in 2018. Teekay Tankers' emissions data primarily reflects Scope 1 and 2 emissions, although specific breakdowns are not disclosed. The company has not set formal reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. Despite the lack of specific reduction initiatives or commitments, Teekay Tankers has implemented various operational efficiency measures, as evidenced by their Energy Efficiency Operational Indicators (EEOI) for different tanker classes. These measures aim to enhance fuel efficiency and reduce overall emissions, aligning with industry standards for climate action. As a leading player in the maritime industry, Teekay Tankers' ongoing efforts to monitor and manage carbon emissions are crucial for contributing to global 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.