As global demand for chemicals and marine transportation continues to grow, there is increasing pressure to reduce emissions while maintaining reliable supply.
As one of the world’s largest producers and distributors of methanol, Methanex plays an active role in this transition. Methanol is a versatile, cleaner‑burning fuel that can improve air quality compared to coal and conventional marine fuels, and it can be produced through multiple lower‑carbon pathways, including biomethanol and methanol with carbon capture.
Guided by the Responsible Care® Ethic and Principles for Sustainability, Methanex is focused on reducing emissions and maintaining reliability from our operations, ensuring the safety of our people and processes towards the goal of zero harm, and supporting customer demand toward a lower‑carbon future.
Recordable injury frequency rate in 2025, reflecting our best two year safety performance on record.
Dual‑fuel vessels in WFS’s operated fleet
Environmental spills in 2025, marking five consecutive years with no major or serious spills.
Invested in global community initiatives in 2025 through financial giving and partnerships.
Reduction in Scope 1 and 2 GHG emissions intensity since 2019, exceeding our 10% target five years ahead of our goal.
→ Target over 97 per cent average reliability for methanol plants in operation.
→ Progress Medicine Hat CCUS project to FEED decision, in partnership with Entropy, if economically viable.
→ Achieve at least 45,000 tonnes of low-carbon sales in 2026 while making a positive EBITDA contribution.
→ Seek additional low-carbon methanol supply arrangements to meet Methanex’s expected low-carbon methanol sales in 2027.
→ Continually lower our five-year rolling incident rate average.
→ Achieve zero Severe Injury or Fatality (SIF) incidents.
→ Achieve zero major incidents for process safety (i.e., Tier 1 incidents).
→ Achieve zero SASB reportable transport safety incidents (for methanol we handle via Waterfront Shipping).
→ Complete safety visits on 100 per cent of our time-charter vessels.
→ Ensure 100 per cent of third-party terminals leased by Methanex meet the CDI-T Terminal Standard.
→ Achieve zero significant (major or serious) environmental incidents.
→ Achieve less than six Category 1 loss of primary containment (LOPC) events.
→ Deliver new inclusive recruitment training module to all hiring managers.
→ Implement a consistent approach for reviewing diversity metrics.
→ Provide Ignite Inclusion learning module to all new employees to foster a more inclusive workplace culture.
→ Conduct corporate Responsible Care and Operational Excellence audits at each of our manufacturing locations and marketing and logistics regions on a three-year cycle.
→ All marketing and logistics regions receive antitrust training annually.
→ All employees and Methanex Board members complete ethics/Code of Business Conduct and Respectful Workplace training annually.
→ All employees complete cybersecurity training annually.
We care deeply about the people and environments where we live and work, and we believe our business should have a positive impact on society. Methanex supports the United Nations Sustainable Development Goals (SDGs) to help reduce inequality, protect the planet, and support sustainable development by 2030.
To focus our efforts, we conducted an internal assessment to identify the SDGs where we can have the greatest impact through our operations. We report on the SDGs most directly influenced by our business, as well as those we support indirectly through community investments and partnerships. As our sustainability efforts evolve, we will continue to align with the SDGs in support of a more equitable and sustainable world.
To learn more about the initiatives we supported in 2025, please see page 59 of our 2025 Sustainability Report.
Our fair labour practices seek to promote safe, meaningful and inclusive work for all through: i) providing competitive wages/salaries and benefits packages, ii) maintaining a culture with a strong focus on health and safety, iii) developing initiatives to support inclusion and diversity, iv) upholding human rights, providing training
As a Responsible Care Company, we are committed to promoting sustainable production and improving the environmental performance of our facilities and processes. We consistently review the value, impact, and safety of methanol, work with value-chain partners to support product stewardship and safety and disclose our environmental and social impacts in alignment with recognized reporting frameworks (SASB and TCFD).
We support the decarbonization of our company and other industries, including the global shipping industry, through investments in i) projects that can reduce GHG emissions intensity from our manufacturing process, and ii) in other technologies to produce lower-carbon methanol. We also advocate for the positive impact of methanol in the transition to a low-carbon economy.
We promote the transparent, respectful, and ethical behaviour of all employees and contractors. We set out clear expectations of such behaviour through our Codes of Business Conduct, train all employees on anti-corruption policies and procedures, and make grievance and whistleblowing mechanisms accessible to all. Additionally, we maintain a transparent Board nomination process, Board diversity policy, and executive compensation practices.