Methanex
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.
DitchCarbon Score
How does Methanex's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Methanex's score of 19 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Methanex's reported carbon emissions
In 2023, Methanex Corporation, headquartered in Canada, reported total carbon emissions of approximately 4,029,000,000 kg CO2e. This figure includes about 3,871,000,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from their operations, and 158,000,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Over the years, Methanex has demonstrated a commitment to reducing its carbon footprint. In 2021, the company achieved a significant reduction in its Scope 1 emissions, reporting approximately 3,920,000,000 kg CO2e, down from about 4,714,000,000 kg CO2e in 2019. This reflects a broader trend of decreasing emissions intensity, with the company reporting a GHG emissions intensity of 630 kg CO2e per tonne of product in 2023. Despite these achievements, Methanex has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its operational efficiency and reducing emissions through various sustainability practices.
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Get Started| 2002 | 2003 | 2004 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,548,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Methanex is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
