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Methanex Corporation, commonly known as Methanex, stands as the world's largest producer and supplier of methanol. Headquartered in Canada, this prominent player in the chemicals industry specialises in a vital chemical building block essential for numerous industrial and energy applications.
Since its founding in 1989, Methanex has established a significant global operational footprint, delivering high-quality methanol across key markets. This versatile product is crucial for manufacturing everything from paints and plastics to fuels and pharmaceuticals, making Methanex a fundamental contributor to global supply chains.
The company is renowned for its commitment to safe and responsible methanol production, consistently innovating to meet evolving market demands. Methanex's leadership ensures the reliable supply of this indispensable chemical, supporting industries worldwide with a focus on efficiency and sustainability.
22
DitchCarbon score
-10 vs industry average
Methanex’s score of 22 is lower than 35% 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
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2028
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
Methanex, a Canadian chemicals company, reported total Scope 1 and 2 emissions of approximately 4.74 billion kg CO2e in 2025. This figure comprises about 4.50 billion kg CO2e from Scope 1 emissions and 244 million kg CO2e from market-based Scope 2 emissions. In 2024, the company's total Scope 1 and 2 emissions were around 4.56 billion kg CO2e, with Scope 1 emissions at approximately 4.34 billion kg CO2e and market-based Scope 2 emissions at about 214 million kg CO2e. Looking back to 2023, total Scope 1 and 2 emissions stood at roughly 4.75 billion kg CO2e, including approximately 4.58 billion kg CO2e for Scope 1 and 168 million kg CO2e for market-based Scope 2. Methanex has consistently disclosed Scope 1 and Scope 2 emissions but has not yet reported Scope 3 emissions.
Methanex is committed to reducing its carbon footprint with several targets. The company aims to reduce its Scope 1 emissions by 33% from 2019 levels by 2030. Additionally, Methanex plans to decrease its Scope 2 emissions by 17% from 2019 levels by 2030. Furthermore, the company targets a 10% reduction in Scope 1 and Scope 2 GHG emissions intensity from manufacturing by 2030, compared to 2019 levels.
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Methanex’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Methanex11 months ago
22
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