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.
→ Reduce Scope 1 and Scope 2 GHG emission intensity from manufacturing by 10 per cent by 2030 from 2019 levels.
→ Continue to refine our Scope 3 emissions data for material sources.
→ Target 97 per cent or higher average overall reliability of our plants in operation.
→ Advance at least one low-carbon project into FEED (Front End Engineering and Design) in 2025.
→ Execute at least one RNG contract and one offtake agreement for low-carbon methanol in 2025.
→ Sign low-carbon methanol sales contracts for at least 25,000 tonnes in 2025, with at least 10,000 tonnes of low carbon sales in 2025.
→ Achieve zero significant (major or serious) environmental spills annually.
→ Continually lower our five-year rolling average recordable injury rate.
→ Achieve zero Severe Injury or Fatality (SIF) incidents annually.
→ Achieve zero major incidents for process safety (i.e., Tier 1) annually.
→ Conduct corporate Responsible Care® and Operational Excellence audits at each of our manufacturing locations and marketing and logistics regions on a three-year cycle.
→ Further integrate inclusive and equitable recruitment processes and upskill leaders.
→ Progress the development of a consistent approach in reviewing diversity metrics.
→ Build engagement and momentum of new and existing employee resource groups.
→ Achieve zero reportable transport safety incidents (for methanol that we handle via Waterfront Shipping) annually.
→ Complete safety visits on 100 per cent of our time charter vessels annually.
→ Reach at least 130 organizations through our product stewardship programs.
→ 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.