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Methanex Corp
Methanex's GHG Emissions Data Preview
In 2024, Methanex completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Methanex has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Methanex’s Greenhouse Gas (GHG) Emissions Data
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Insights into Methanex's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMethanex amounted to4,072,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Methanexdecreased by 2.96%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Methanex's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Methanex's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Methanex were 3,863,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Methanex reduced its Scope 1 emissions over time?
Since 2019, Methanex's Scope 1 emissions have decreased by 20.82%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Methanex's Scope 1 emissions decreased by 4.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Methanex's Scope 2 emissions?
In 2024, Methanex reported Scope 2 greenhouse gas (GHG) emissions of 204,000 tCOâ‚‚e using the market-based method and 209,000 tCOâ‚‚e using the location-based method.a
Has Methanex reduced its Scope 2 emissions over time?
Since 2019, Methanex's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 29.01%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Methanex's Scope 2 emissions(Location-Based) rose by 32.28% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Methanex use for Scope 2 reporting?
In 2024, Methanex reported its Scope 2 emissions using the market-based method and using the location-based method.a
Methanex's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Methanex’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Methanex reported Scope 1 greenhouse gas (GHG) emissions of 3,863,000 tCOâ‚‚e and total revenues of USD 3,720 millions. This translates into an emissions intensity of 1,038.49 tCOâ‚‚e per millions USD.a
Methanex's Scope 1 Emissions Intensity Compared to Peers
How does Methanex's GHG emissions intensity compare to its peers?
In 2024, Methanex reported a Scope 1 emissions intensity of 1,038.49 tCOâ‚‚e per millions USD. Compared to the peer group median of 166.65, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Methanex rank on GHG emissions intensity within its industry?
In 2024, Methanex ranked 20 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Methanex among the least efficient performers, with one of the highest emissions intensities in its sector.a