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 GHG Emissions Data Preview

In 2023, 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)2023202220212020 - 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
Unspecified Calculation Method
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
Download Data

Verified Sources Behind Methanex’s Greenhouse Gas (GHG) Emissions 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 2023
a. Methanex's Sustainability Report 2023

Insights into Methanex's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Methanex amounted to 4,029,000 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Methanex increased by 0.88%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Methanex's Scope 1 Emissions Over Time

2019202020212022202301.5 M3 M4.5 M6 MtCO2e-15%-2%-2%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Methanex's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Methanex were 3,871,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Methanex reduced its Scope 1 emissions over time?

Since 2019, Methanex's Scope 1 emissions have decreased by 17.88%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Methanex's Scope 1 emissions remained relatively stable, indicating that Methanex's emissions have plateaued with no significant change in its operational footprint. a

What are Methanex's Scope 2 emissions?

In 2023, Methanex reported Scope 2 greenhouse gas (GHG) emissions of 158,000 tCO₂e without specifying the calculation method. a

Has Methanex reduced its Scope 2 emissions over time?

Since 2019, Methanex's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Methanex 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Methanex's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Methanex 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Methanex use for Scope 2 reporting?

In 2023, Methanex reported its Scope 2 emissions using an unspecified methodology. a

Methanex's Scope 2 Emissions Over Time

20192020202120222023045 k90 k135 k180 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Methanex’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Methanex reported Scope 1 greenhouse gas (GHG) emissions of 3,871,000 tCO₂e and total revenues of USD 3,723 millions. This translates into an emissions intensity of 1,039.62 tCO₂e per millions USD. a

Methanex's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0005,000,00050,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)Pan American SilverYear: 2024Scope 1: 294,022 tCO2eRevenue: $M 3,887Scope 1 Intensity: 75.64 tCO2e/$MAlamos GoldYear: 2024Scope 1: 158,159 tCO2eRevenue: $M 1,347Scope 1 Intensity: 117.42 tCO2e/$MMercer InternationalYear: 2023Scope 1: 424,023 tCO2eRevenue: $M 1,994Scope 1 Intensity: 212.67 tCO2e/$MB2GoldYear: 2024Scope 1: 662,000 tCO2eRevenue: $M 2,623Scope 1 Intensity: 252.41 tCO2e/$MAgnico Eagle MinesYear: 2024Scope 1: 1,119,142 tCO2eRevenue: $M 11,425Scope 1 Intensity: 97.95 tCO2e/$MNew GoldYear: 2023Scope 1: 142,937 tCO2eRevenue: $M 786Scope 1 Intensity: 181.74 tCO2e/$MFirst Quantum MineralsYear: 2024Scope 1: 1,700,000 tCO2eRevenue: $M 4,802Scope 1 Intensity: 354.02 tCO2e/$MFirst Majestic SilverYear: 2023Scope 1: 54,678 tCO2eRevenue: $M 576Scope 1 Intensity: 94.86 tCO2e/$MEldorado GoldYear: 2024Scope 1: 110,424 tCO2eRevenue: $M 1,825Scope 1 Intensity: 60.50 tCO2e/$MEquinox GoldYear: 2023Scope 1: 278,145 tCO2eRevenue: $M 1,088Scope 1 Intensity: 255.60 tCO2e/$MIAMGOLDYear: 2024Scope 1: 483,348 tCO2eRevenue: $M 2,252Scope 1 Intensity: 214.65 tCO2e/$MBarrick MiningYear: 2024Scope 1: 6,127,000 tCO2eRevenue: $M 17,857Scope 1 Intensity: 343.12 tCO2e/$MHudbay MineralsYear: 2024Scope 1: 287,000 tCO2eRevenue: $M 2,793Scope 1 Intensity: 102.75 tCO2e/$MNutrienYear: 2024Scope 1: 9,450,000 tCO2eRevenue: $M 35,814Scope 1 Intensity: 263.87 tCO2e/$MCapstone CopperYear: 2023Scope 1: 422,037 tCO2eRevenue: $M 1,346Scope 1 Intensity: 313.66 tCO2e/$MOceanaGoldYear: 2023Scope 1: 183,946 tCO2eRevenue: $M 1,026Scope 1 Intensity: 179.23 tCO2e/$MWest Fraser TimberYear: 2024Scope 1: 649,448 tCO2eRevenue: $M 8,532Scope 1 Intensity: 76.12 tCO2e/$MIvanhoe MinesYear: 2024Scope 1: 294,889 tCO2eRevenue: $M 41Scope 1 Intensity: 7,224.48 tCO2e/$MLundin MiningYear: 2024Scope 1: 715,289 tCO2eRevenue: $M 4,720Scope 1 Intensity: 151.56 tCO2e/$MMethanexYear: 2023Scope 1: 3,871,000 tCO2eRevenue: $M 3,723Scope 1 Intensity: 1,039.62 tCO2e/$M

How does Methanex's GHG emissions intensity compare to its peers?

In 2023, Methanex reported a Scope 1 emissions intensity of 1,039.62 tCO₂e per millions USD. Compared to the peer group median of 181.74 , 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 2023, Methanex ranked 19 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Methanex among the least efficient performers, with one of the highest emissions intensities in its sector. a

Want Full Access to Methanex's GHG Emissions Dataset?
Sign Up