Sustainability Report

Overview

The report covers Teekay Group's 2021 global operations and presents group-wide consolidated ESG performance alongside company-specific data. It highlights a 50% total fleet GHG reduction target by 2050 and a 40% fleet-wide emissions-intensity reduction target by 2030 from 2008. The group reported zero fatalities and zero spills over one barrel, while directing 82% of operations-related procurement spending to contracted suppliers. It also reports green recycling of the Petrojarl Banff FPSO and continued participation in the United Nations Global Compact.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2021
Period: Ends 31 December 2021
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Statement included

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