Tsakos Energy Navigation Ltd.
Industry Group: Refiners & Pipelines
Country/Region: Greece
Identifier: NYS:TEN
Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company’s carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Refiners & Pipelines 139 out of 194
Universe
Global Universe 13835 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
EXMAR NV |
39.6
High
|
137 out of 194 |
Tsakos Energy Navigation Ltd. |
39.6
High
|
139 out of 194 |
Nordic American Tankers Ltd. |
51
Severe
|
192 out of 194 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Tsakos Energy Navigation Ltd.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Tsakos Energy Navigation Ltd.'s Management of ESG Material Risk is Average