Company Directory - TC Energy Corporation
Company Details - TC Energy Corporation

TC Energy Corporation
WebsiteCalgary, Canada
ISIN: CA8841601035
TC Energy is a leading North American energy infrastructure company providing safe and reliable energy through the development and operation of natural gas, oil, and power generation assets. The company's notable project includes the Keystone Pipeline, which transports crude oil from Canada to various locations in the United States.
CCI Score
CCI Score: TC Energy Corporation
-22.22
0.01%
Latest Event
Keystone Pipeline Spill and Cleanup
TC Energy, the builder of the Keystone Pipeline, is implicated in a significant oil spill incident in rural North Dakota on April 8, 2025. The spill, which released approximately 3,500 barrels of crude oil, has prompted a cleanup effort while drawing attention to the pipeline’s history of spills and questions about operational safety standards.
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ACCOMPLICE
TC Energy Corporation is currently rated as an Accomplice.
Latest Events
- APR082025
TC Energy, the builder of the Keystone Pipeline, is implicated in a significant oil spill incident in rural North Dakota on April 8, 2025. The spill, which released approximately 3,500 barrels of crude oil, has prompted a cleanup effort while drawing attention to the pipeline’s history of spills and questions about operational safety standards.
- MAR212025
TC Energy, along with other major Canadian energy companies, was named in an open letter urging Ottawa to dismantle key environmental and climate policies. This move, aimed at fast‐tracking fossil fuel infrastructure, is seen as a clear signal of the company’s prioritization of short-term profits over sustainable practices, thereby contributing to an environment that can bolster authoritarian deregulation.
- MAR192025
In a politically charged open letter, TC Energy's CEO joined industry leaders urging the Canadian government to invoke emergency powers to speed up energy infrastructure projects. This move, aimed at deregulating and fast‐tracking project approvals, is seen as aggressive corporate lobbying that may undermine democratic processes.
- MAR192025
TC Energy, along with other leading energy companies, delivered an open letter to Canadian federal political leaders urging a dramatic overhaul of regulatory frameworks to enable faster project approvals and eliminate constraints like the federal carbon levy. This effort to simplify regulation and accelerate critical infrastructure development raises concerns about corporate overreach and potential regulatory capture, undermining democratic oversight.
-60
Public and Political Behavior
March 19
The open letter from TC Energy’s CEO and other energy industry leaders represents a strong example of executive political engagement and lobbying effort. By directly pressuring political leaders to dismantle existing regulatory frameworks, the company is effectively prioritizing corporate interests over democratic accountability, which aligns with actions that could facilitate authoritarian tendencies in regulatory policy.
Energy CEOs to Canadian leaders: An urgent plan to strengthen economic sovereignty
-30
Business Practices and Ethical Responsibility
March 19
The deregulation agenda promoted in the letter, including the repeal of the federal carbon levy and removal of regulatory obstacles, prioritizes rapid industry growth and profit over robust environmental and social safeguards. This approach undermines ethical business practices and can compromise community welfare in favor of corporate interests.
Energy CEOs to Canadian leaders: An urgent plan to strengthen economic sovereignty
-40
Economic and Structural Influence
March 19
The campaign for streamlined regulatory processes and accelerated project approvals reflects a push towards regulatory capture. By advocating for these changes, TC Energy risks fostering a closer, potentially collusive relationship with government bodies, thereby undermining democratic mechanisms and enabling corporate economic influence at the expense of public interest.
Energy CEOs to Canadian leaders: An urgent plan to strengthen economic sovereignty
- FEB132025
TC Energy released its annual report detailing its measures to prevent forced and child labour in its supply chains, including comprehensive due diligence, risk screening, and employee training. The report outlines robust policies and governance measures designed to uphold labour rights and ensure ethical sourcing practices.
+80
Labor Relations and Human Rights Practices
March 19
TC Energy demonstrates a strong commitment to upholding labour rights through its detailed policies on forced and child labour. The report provides evidence of robust due diligence processes, regular training, and a comprehensive framework for monitoring human rights in the supply chain, which supports ethical treatment of workers.
+80
Supply Chain Ethics
March 19
The report highlights TC Energy's proactive measures in managing its supply chain ethics by requiring supplier risk assessments, enforcing strict contractual language against forced labour, and continuous monitoring using third-party tools. These rigorous processes enhance transparency and accountability in sourcing practices.
- JUL252024
TC Energy’s comprehensive 2024 sustainability report details its governance, transparent political contributions, robust labor relations, ethical supply chain management, and responsible economic collaboration. The report emphasizes proactive engagement with stakeholders and strong internal practices in health, safety, diversity, and employee wellbeing, suggesting a positive corporate ethical posture.
- JUL232024
TC Energy's attempt to claim over $15 billion in damages related to the cancelled Keystone XL pipeline was dismissed by an international trade tribunal. The company argued that the revocation of its permit was politically motivated and unfair, while environmental activists hailed the decision as a precedent that upholds the government's ability to enact progressive climate policies.
-70
Public and Political Behavior
April 9
TC Energy framed its compensation claim as a response to what it called politically driven unfairness following the cancellation of the Keystone XL project, thereby engaging in a politically charged dispute that undermines democratic policy decisions aimed at combating climate change.
Trade Panel Tosses $15B Claim for Keystone Compensation in Possible Precedent for Future Rulings
-50
Business Practices and Ethical Responsibility
April 9
By pursuing a $15B compensation claim under questionable legal grounds, TC Energy prioritizes corporate profit over social and environmental responsibility, reflecting business practices that undermine accountability and ethical responsibility.
Trade Panel Tosses $15B Claim for Keystone Compensation in Possible Precedent for Future Rulings
- MAR282024
A leaked internal presentation revealed that TC Energy employed strategic lobbying tactics, including using government letterhead for briefing notes and cultivating personal relationships with influential bureaucrats and politicians, to sway policy decisions in favor of its pipeline and LNG projects, effectively undermining stricter climate regulations.
-80
Political Contributions and Lobbying Efforts
April 9
The leaked recordings and internal presentation claimed that TC Energy actively lobbied to water down climate regulations by influencing government officials and utilizing official letterhead. This covert use of political access to draft briefing notes for ministers is highly indicative of practices that undermine democratic policy-making and favor corporate interests over public accountability.
Inside a former TC Energy exec's claim he got pro-pipeline messaging stuck on government letterhead
-70
Executive Political Engagement
April 9
The internal presentation featured a former executive detailing personal involvement in the company's strategy to leverage informal interactions and personal relationships with government officials and diplomats. This direct engagement in influencing high-level policymaking, including persuading premiers and ministers, raises serious concerns about the erosion of transparent and accountable governance.
Inside a former TC Energy exec's claim he got pro-pipeline messaging stuck on government letterhead
- MAR282024
Leaked recordings reveal a TC Energy executive detailing efforts to influence government policy through strategic lobbying and relationship-building, including drafting briefing notes and leveraging diplomatic contacts to sway climate and energy regulations in favor of the company’s fossil fuel interests.
-80
Public and Political Behavior
March 19
The leaked recordings expose TC Energy’s active efforts to influence political figures and policymakers through unethical lobbying practices. The strategy of embedding staff in informal settings and using diplomatic channels to shape government briefing materials represents a clear misuse of corporate power to override public interests, particularly regarding climate policy.
‘Remarkable results’: Inside TC Energy exec’s claims of political influence
-60
Economic and Structural Influence
March 19
TC Energy’s tactics extend to economic manipulation by using its influence to secure deregulation and favorable treatment in government policy. Such efforts, including orchestrating changes in regulatory frameworks that lower operating costs and shield fossil fuel projects from stringent climate regulations, point to economic collaboration with political entities that undermines democratic oversight.
‘Remarkable results’: Inside TC Energy exec’s claims of political influence
- FEB222024
Revealed internal recordings indicate that TC Energy has employed former Trump staffers to actively shape policy discussions, influence regulatory reforms, and engage with intelligence agencies to secure favorable outcomes for its fossil fuel interests. These actions raise concerns about the company’s manipulation of political processes and regulatory environments, aligning with authoritarian practices and undermining democratic accountability.
-70
Public and Political Behavior
March 19
TC Energy’s recruitment of former Trump officials and its strategy of engaging closely with government intelligence and regulatory bodies demonstrates a concerning pattern of political engagement. By leveraging high-level political connections to influence policy and legislation, the company appears to be prioritizing corporate interests over democratic accountability, which is a hallmark of authoritarian influence.
-60
Economic and Structural Influence
March 19
The article details TC Energy’s involvement in lobbying activities that extend into the realm of influencing structural government policies and regulatory frameworks. Through strategic interactions with intelligence officials and leveraging its political clout, the company is seen as attempting to reshape regulations (such as those governing environmental assessments) in ways that serve its interests, reflecting economic collaboration with political structures that favor authoritarian practices.
- DEC112023
TC Energy Corporation's Political Contributions and Activities Policy outlines detailed guidelines on political contributions and lobbying practices with transparency and internal controls, reflecting its commitment to legal compliance and non-partisanship. While the policy enforces strict measures to mitigate undue influence, the very engagement in corporate lobbying remains a concern for anti-fascist advocates, who worry about potential indirect impacts on democratic processes.
+40
Public and Political Behavior
March 19
TC Energy’s comprehensive policy on political contributions and lobbying reflects a commitment to operating within legal constraints and maintaining a non-partisan stance. The policy mandates detailed approvals and transparent reporting for any political engagement, reducing arbitrary influence over governmental processes. However, the active participation in lobbying, even under strict guidelines, continues to raise concerns among anti-fascist critics regarding the potential for corporate influence in shaping political decisions that could indirectly support authoritarian practices.
- APR152023
Revealed documents highlight TC Energy's aggressive lobbying tactics and close informal engagements with BC government officials. Actions such as sending laudatory letters, arranging casual meetings, and updating lobbying filings to maintain favorable access suggest strategic corporate efforts that risk influencing public policy in ways that may undermine democratic processes.
-60
Political Contributions and Lobbying Efforts
March 19
TC Energy has demonstrated an active role in political lobbying by engaging in behaviors such as sending letters praising government policy decisions and arranging informal meetings with key officials. The need to correct previously submitted lobbying reports further underscores the company's effort to control its narrative and influence policy outcomes, thereby increasing its complicity in practices that can undercut democratic accountability.
Docs reveal relationship between TC Energy and B.C. government
-50
Executive Political Engagement
March 19
The involvement of high-level executives and lobbyists in direct engagements with government officials—evidenced by informal invitations for coffee or beer and the leveraging of personal networks—demonstrates a deep level of executive political engagement. Such practices raise concerns about the potential influence over policy making that benefits corporate interests over public accountability.
Docs reveal relationship between TC Energy and B.C. government
-40
Regulatory Capture
March 19
The amendments made to TC Energy’s lobbying filings and the recurring pattern of meetings with government officials suggest attempts to steer regulatory frameworks in its favor. This behavior indicates potential regulatory capture, where corporate influence over regulatory bodies may compromise the integrity of public policy decisions.
Docs reveal relationship between TC Energy and B.C. government
- JAN012022
TC Energy's governance document details its clear policies on lobbying, political contributions, and corporate memberships. The guidelines emphasize transparency, strict adherence to legal standards, and ethical conduct in political activities, decreasing the risk of covert support for authoritarian practices.
+70
Political Contributions and Lobbying Efforts
March 19
The document outlines TC Energy’s structured approach to political contributions and lobbying, including clear policies, oversight by its governance committee, and compliance with legal standards across multiple jurisdictions. By enforcing internal controls and transparency in political activities, the company mitigates risks associated with enabling authoritarian practices. This transparency and strict adherence to ethical guidelines reflect positively on its public and political behavior.
- JUL052021
TC Energy, following the Biden administration's cancellation of the Keystone XL pipeline permit, has filed a legacy NAFTA claim seeking over $15 billion in compensation. Progressives have denounced the move as prioritizing corporate profit over public interest and environmental responsibility.
-60
Public and Political Behavior
April 9
TC Energy's decision to pursue a $15 billion claim via NAFTA's investor-state dispute settlement challenges a government policy aimed at promoting environmental and public welfare. This aggressive legal tactic undermines efforts to hold corporations accountable for climate impacts and reflects a hostile stance toward progressive regulatory measures.
-50
Business Practices and Ethical Responsibility
April 9
Filing a massive lawsuit to recoup losses from a failed, risky investment reflects a business strategy that prioritizes corporate profit over ethical responsibility. This move shifts financial burdens onto government and taxpayers, undermining progressive initiatives aimed at protecting the public and the environment.
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Corporate Financials
- Revenue
- 2025
- $15.00B
- Total Assets
- 2025
- $57.00B
- Operating Income
- 2025
- $5.00B
- Total Equity
- 2025
- $16.00B
Employees: 7,000
Industries
- 213112
- Support Activities for Oil and Gas Operations
- 221118
- Other Electric Power Generation
- 221210
- Natural Gas Distribution
- 237120
- Oil and Gas Pipeline and Related Structures Construction
- 486110
- Pipeline Transportation of Crude Oil
- 486210
- Pipeline Transportation of Natural Gas