Teekay Group joins United Nations Global Compact

Source: press release, 23 September 2020

photo: Teekay Group
photo: Teekay Group

Teekay Corporation, Teekay LNG Partners L.P. and Teekay Tankers Ltd. (collectively, the Teekay Group) have announced that they have joined the United Nations Global Compact, the world’s largest corporate sustainability initiative.

The United Nations Global Compact calls for companies to align their operations and strategies with ten universal principles in the areas of human rights, labour, environment, and anti-corruption, and to take action in support of UN goals and issues embodied in the Sustainable Development Goals (SDGs).

“We are proud to join the UN Global Compact, reinforcing our group’s deep, long-standing commitment to responsible safety and environmental practices,” comments Kenneth Hvid, Teekay’s President and CEO. “We are fully committed to further advancing sustainability and responsible business practices in order to meet the growing expectations of our stakeholders and global society as a whole. We look forward to continue reporting on our annual progress to support the UN Global Compact principles.”

Teekay is joining more than 11,000 companies in almost 160 countries worldwide that have committed to making the UN Global Compact and its principles part of their strategy, culture, and day-to-day operations. Earlier this year, the Teekay Group published its 2019 Sustainability Report.