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.
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.
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.
Methanex's score of 26 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Methanex Corporation reported total carbon emissions of approximately 4,029,000,000 kg CO2e, with Scope 1 emissions accounting for about 3,871,000,000 kg CO2e and Scope 2 emissions at approximately 158,000,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, achieving a significant decrease in emissions intensity over the years. For instance, the emissions intensity from manufacturing was reported at 630 kg CO2e per tonne of methanol in 2023, reflecting ongoing efforts to enhance operational efficiency. 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 absence of defined reduction targets suggests a need for further clarity on their long-term climate strategy. As a leading methanol producer headquartered in Canada, Methanex is positioned within an industry increasingly focused on sustainability and carbon reduction, aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.