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Methanex Corp

Common Name
Methanex
Country
Canada
Sector
Basic Materials
Industry
Chemicals
Employees
1,415
Ticker
MX
Exchange
TORONTO STOCK EXCHANGE
Description
Methanex Corporation is a prominent player in the basic materials sector, specializing in the production and marketing of methanol. Methanol is a vital industrial chemical used as a building block for...

Methanex's Climate Target Data Preview

As of 2024, Methanex has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Methanex's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Methanol Produced/Manufactured
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of Methanex’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2024.
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Verified Sources Behind Methanex’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Methanex’s data sources below and access millions more through our Disclosure Search.

a. Methanex's Sustainability Report 2024

Insights into Methanex's Greenhouse Gas Emissions Pathways

As of 2024, Methanex has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does Methanex have a target to reduce the emissions from its operations?

As of 2024, Methanex has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Methanex's most ambitious operational target is to reduce these emissions by 10% by 2030, compared to a baseline of 0.664 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Methanol Produced/Manufactured in 2019.a

As of 2024, Methanex is on track to meet its operational emissions reduction target, having achieved 37.2% of the planned reduction.a

Methanex's Operational (Scope 1+2) Emissions Pathway

20192024203000.20.40.60.8Current (-4%)
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