As society and industry commit to decarbonization, the world faces a dilemma: while demand for petrochemicals and global transportation of goods is growing, so are the pressures to reduce or eliminate the carbon footprint of these products and activities.
As one of the world’s largest producers of methanol we have the opportunity to actively participate in the transition to a low carbon economy. Methanol is a cleaner burning fuel that can be used to improve air quality compared to traditional fuels like diesel or coal, and it can also be made from renewable sources.
At Methanex we’re committed to upholding the Responsible Care Ethic and Principles for Sustainability and developing low-carbon solutions for our customers.
Workhours with no Day Away From Work cases at our G3 expansion project
Total dual-fuel vessels in Waterfront Shipping’s 33-ship fleet
Environmental spills over the last 5 years
In community investments in 2023
Responsible Care awards from the Chemistry Industry Association of Canada in 2023
Commitments
Commitments
Commitment
Commitment
Commitment
Commitments
Performance Goals
Commitments
Performance Goals
Commitment
Performance Goals
Commitment
Performance Goals
Commitment
Performance Goals
Methanex supports the United Nations’ Sustainable Development Goals (SDGs) to end extreme poverty, reduce inequality, and protect the planet by 2030. While we contribute to many SDGs, we are focusing on the SDGs that we support most with Methanex activities. As we progress our sustainability efforts, we will work to maintain alignment with the SDGs in support of the global movement towards a more equitable and sustainable world.
To read about each UN SDG in depth, please see pages 58 and 89 of our 2023 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.