Sustainability Data Hub TM
Produces and markets methanol for various industrial applications.
1968
Canada
1,001 - 5,000 employees
Chemicals
$1B - 10B in revenue
$100M - 500M in profitability
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Carbon emissions
Electricity consumption
Carbon certificate projects
Targets
Other sustainability metrics
Industry rank: 32 out of 1717ⓈThe carbon emissions rank is based on a company's CO2 equivalent Scope 1 and 2 greenhouse gas emissions compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher emissions result in a lower rank.
Total CO2 emissions
(CO2e tons)
Industry rank: 32 out of 1717ⓈThe carbon emissions rank is based on a company's CO2 equivalent Scope 1 and 2 greenhouse gas emissions compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher emissions result in a lower rank.
Company actuals (net of offset)
Industry Benchmark
(adj. for company revenues)
Target | Year | Value | Scope | Baseline |
---|---|---|---|---|
Interim emissions reductionⓈCompany sustainability report | 2030 | 0.10000000149011612 | 1&2 | 2019 |
In February 2023, Methanex's Cajun Sun completed the first-ever net-zero voyage fueled by biomethanol, marking a significant achievement in their efforts to support the transition to a low-carbon economy. Methanex has been operating methanol dual-fuel ships since 2016, accumulating over 200,000 operating hours on methanol. By the end of 2023, more than 60% of their operating fleet were dual-fuel vessels. Methanex is also collaborating with Stena Line and the Port of Gothenburg to support safe methanol bunkering and has completed the first non-tanker ship-to-ship fueling operation with the world's first methanol ferry, the Stena Germanica. The company continues to explore low-carbon methanol production and has set a target to advance at least one low-carbon project into Pre-FEED in 2024.
Sustainability employees
4-6
ⓈThis value represents the estimated number of employees in a company with sustainability-related roles or job titles, as determined by Illuminem using publicly available data.Vanessa James
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