Teekay Corp Ltd 2016 SR

The report highlights Teekay Corporation's 2016 performance across its People, Planet, and Profit framework. Key achievements include the delivery of the world's second MEGI-type LNG carrier and securing significant new shuttle tanker contracts in the North Sea. The company reported a reduction in Lost Time Injury Frequency and emphasized its commitment to safety through the Operational Leadership program. Environmental efforts focused on greenhouse gas emission monitoring and waste reduction initiatives, such as the paperless navigation transition for its tanker fleet. Financially, Teekay maintained strong cash flows from vessel operations despite market headwinds, supported by a 20 billion USD portfolio of long-term charter contracts.

Company: Teekay Corp Ltd

Sector: Industrials

Country: Bermuda

Year: 2016

Type: SR

Pages: 28

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Teekay Corp Ltd

Teekay Corp Ltd 2016 Sustainability Report

Sustainability Report

The report highlights Teekay Corporation's 2016 performance across its People, Planet, and Profit framework. Key achievements include the delivery of the world's second MEGI-type LNG carrier and securing significant new shuttle tanker contracts in the North Sea. The company reported a reduction in Lost Time Injury Frequency and emphasized its commitment to safety through the Operational Leadership program. Environmental efforts focused on greenhouse gas emission monitoring and waste reduction initiatives, such as the paperless navigation transition for its tanker fleet. Financially, Teekay maintained strong cash flows from vessel operations despite market headwinds, supported by a 20 billion USD portfolio of long-term charter contracts.

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Document Details

Report Year

2016

Reporting Period

Jan 1, 2016 - Dec 31, 2016

Fiscal Year

2016

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Total Waste

Workplace Fatalities

Employees