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OrganisationsMethanex
Methanex logo

Methanex

ChemicalsCanadaNASDAQ: MEOH
Last verified 8 months agomethanex.com

Methanex Corporation, a leading global supplier of methanol, is headquartered in Canada and operates extensively across North America, South America, Europe, and Asia. Founded in 1968, Methanex has established itself as a key player in the methanol industry, focusing on the production and distribution of high-quality methanol for various applications, including fuel, chemicals, and plastics.

The company is renowned for its commitment to sustainability and innovation, leveraging advanced technologies to enhance production efficiency. Methanex's core products include methanol and its derivatives, which are essential in numerous industrial processes. With a strong market position, Methanex has achieved significant milestones, including the development of one of the world's largest methanol production facilities. This dedication to excellence and sustainability has solidified Methanex's reputation as a trusted partner in the global chemical industry.

21
DitchCarbon score

-8 vs industry average

Methanex’s score of 21 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Chemicals is among the most carbon-intensive industries

Industry performance

0.437
20192025

The Chemicals industry has reduced its overall emissions by 6% since 2019

Emissions trajectory 2020 – 2028

0.0B0.0B0.0B0.0B0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Methanex's reported carbon emissions

In 2025, Methanex Corporation reported total carbon emissions of approximately 4.7 billion kg CO2e, comprising about 4.5 billion kg CO2e from Scope 1 emissions and approximately 244 million kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 33% and Scope 2 emissions by 17% from 2019 levels by the year 2030. Additionally, Methanex plans to decrease the greenhouse gas emissions intensity from manufacturing for both Scope 1 and Scope 2 by 10% by 2030, also based on 2019 levels. Methanex's emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Methanex's commitment to reducing its carbon footprint aligns with industry standards and reflects a proactive approach to addressing climate change.

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Methanex’s Climate Goals (2030 & 2050)

5 goals

2030

33% reduction in Scope 1

We aim to reduce our Scope 1 emissions by 33% from 2019 levels by 2030.

Behind target33%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Methanex logoMethanex
CAChemicals
8 months ago
21
BASF SE logoBASF SE
DEChemicals
1 hour ago
80
View
Yara logoYara
NOPesticide and Other Agricultural Chemical Manufacturing
6 days ago
66
View
Mitsui And Co logoMitsui And Co
JPMachinery and Equipment
3 days ago
63
View
Nutrien logoNutrien
CASalt and Mineral Mining
9 days ago
59
View
OCI Partners LP logoOCI Partners LP
USChemicals
9 days ago
47
View
Braskem logoBraskem
BRRubber and Plastic Products
9 days ago
45
View

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  • EssilorLuxottica Case Study: Automated Scope 3 Supplier Data | DitchCarbon
  • Hikma Case Study | DitchCarbon
  • Grant Thornton
  • Haleon Case Study: Accurate Scope 3 Data to Drive Supplier Decisions
  • Coherent: Data-driven climate progress without the pain
  • Howden Customer Story: From Fragmented Data to Full Scope 3 Visibility

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