By 2030, the firm wants to cut its fleet's greenhouse gas emissions per tonne-mile by 40% compared to 2008, and by 2050, it wants to cut its emissions overall by 50%. In 2022, the company reported 1,166,344 metric tons of greenhouse gas emissions, while in 2021, it reported 4,779,487 metric tons. With the installation of Mewis Ducts, low leakage valves, and FuelOpt systems, Teekay has already started to cut its carbon emissions. The business has also put its ShipShave hull cleaning tool through successful testing, and it intends to keep painting all docked boats' hulls with low-friction paints.
Only CO2 emissions, which make up about 99% of Teekay's Scope 1 GHG emissions, are included in the company's most recent carbon emissions statistics. No ozone depleting substance (ODS) emissions were recorded by Teekay in 2022. The corporation also reports its substantial air emissions, including nitrogen oxides (NOx), sulfur oxides (SOx), and other pollutants.
In summary, Teekay's sustainability report for 2022 emphasizes the business' unwavering dedication to reducing carbon emissions through continued climate change activities and additional investments in emission reduction technologies.