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 11 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Methanex's reported carbon emissions
In 2024, Methanex Corporation reported approximately 555,956,000 kg CO2e in Scope 1 emissions. This marks an increase from 2023, where emissions were about 524,474,000 kg CO2e. Over the past few years, Methanex has demonstrated a commitment to reducing its carbon footprint, with specific targets set for 2030. The company aims to achieve a 33% reduction in Scope 1 emissions and a 17% reduction in Scope 2 emissions from 2019 levels. Additionally, Methanex is targeting a 10% reduction in GHG emissions intensity for both Scope 1 and Scope 2 from manufacturing processes by 2030. Methanex's emissions data is not cascaded from any parent company, 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 ongoing initiatives reflect a proactive approach to climate commitments, aligning with industry standards for sustainability and emissions reduction.
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| 2002 | 2003 | 2004 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,548,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - | - | - | - | - | - |
| 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 participating in any of the initiatives that 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.
