Transcanada (TRP)

Overall impact
D (27)

Commentary

Transcanada is a below-average overall performer. With a 'D' rating of 27.1 for overall impact (bottom 10% of all companies), Transcanada ranks 12th out of 50 industry peers, behind Blueknight Energy Partners, Ecopetrol, Idemitsu Kosan and 8 others, and ahead of Archrock, Holly Energy Partners , NuStar Energy and 35 others. On top material causes for Transcanada's industry (Oil & Gas), Transcanada performs well in Quality Lifelong Education (95.3 score) and Decent, Safe Work Opportunities (85.2) and performs poorly in Lgbtq Equality (38.8 score), Accountable Institutions (33.3), Reduced Waste (0.0) and 12 other causes where it received a 'D' or 'F' score.
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Company
Founded
1951
Employees
7,000
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-industry
Oil & Gas Storage & Transportation
SASB industry
Biofuels
Headquarters
Ab, Canada
Share classes
TRP
Mission
Delivering the energy people need, every day.
Description
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Material causes
Ethos considers the following causes material for Transcanada, based on its industry sub-industry Oil & Gas Storage & Transportation. Learn more about material causes in our methodology overview.
Not available

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