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Methanex

Explore carbon emissions data for Methanex. Mycelium helps you review reported emissions, disclosure status, Scope 1, Scope 2 and Scope 3 data, climate targets and sustainability information in one company profile.

This profile brings together available carbon emissions data for Methanex, including reported figures, modelled estimates, disclosure documents and sustainability indicators, so you can review its emissions and compare its performance against similar companies. It is one entry in the Mycelium emissions database. Read how we source and check this data.

Emissions

Carbon emissions

Total yearly emissions across all scopes

8,123,294tCO2e(Market Based)(Mycelium adjusted)

Reported by Methanex
4,067,000 tCO₂e
Estimated by Mycelium
4,056,294 tCO₂e

Methanex reported 50% of the adjusted total. Mycelium estimated the remaining 50% for the categories it did not disclose.

Scope 1

tCO2e

3,863,000

Scope 2 (Market Based)

tCO2e

204,000

Scope 3 total

tCO2e

4,056,294

Figures from pages 86 and 94 of the source report

Scope 3 reported

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15

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See the scope breakdown

Provenance

Review the sources and documents behind Methanex's emissions data. Provenance matters because it shows where the information comes from, how recent it is and how complete the disclosure appears to be.

Documents

Emissions
Factors

Modelled emission factorScope 1, 2 and upstream Scope 3 (categories 1–8)
1.438kgCO2e / $

Sustainability
Snapshot

Based on reported data, retrieved with AI

  • Methanex reported 4,067,000 tCO₂e in 2024.
  • Scope 2 reported under the market based methodology.

According to available emissions disclosures, Methanex reported total yearly emissions of 4,067,000 tCO₂e in 2024. Scope 1 emissions accounted for 95% of the reported footprint, indicating the company's own operations, such as fuel use, facilities and vehicles, were the most significant contributors to its carbon footprint.

The company achieved a Mycelium Score of 1.4, placing it well below average for its sector for sustainability performance, and received a transparency score of 67.3, meaning they share a fair amount, though with some gaps along the way.

Scope
breakdown

Scope 1 emissions

Direct emissions from sources the company owns or controls, such as fuel use, facilities and vehicles.

REPORTED

Direct emissions

3,863,000

tCO2e

Scope 2 emissions

Indirect emissions from purchased energy, including electricity, heating and cooling.

REPORTED

Location based

209,000

tCO2e
REPORTED

Market based USED IN TOTAL

204,000

tCO2e

Scope 3 emissions

Wider value chain emissions across the 15 GHG Protocol categories, from purchased goods and business travel to investments, where reported.

ESTIMATED

Cat 1

Purchased goods & services

1,113,275

tCO2e
ESTIMATED

Cat 2

Capital goods

44,158

tCO2e
ESTIMATED

Cat 3

Fuel & energy related activities

43,325

tCO2e
ESTIMATED

Cat 4

Upstream transportation & distribution

77,893

tCO2e
ESTIMATED

Cat 5

Waste generated in operations

407

tCO2e
ESTIMATED

Cat 6

Business travel

695

tCO2e
ESTIMATED

Cat 7

Employee commuting

1,277

tCO2e
ESTIMATED

Cat 8

Upstream leased assets

2,643

tCO2e
ESTIMATED

Cat 9

Downstream transportation & distribution

36,572

tCO2e
ESTIMATED

Cat 10

Processing of sold products

101,009

tCO2e
ESTIMATED

Cat 11

Use of sold products

2,550,655

tCO2e
ESTIMATED

Cat 12

End-of-life treatment of sold products

40,553

tCO2e
ESTIMATED

Cat 13

Downstream leased assets

2,951

tCO2e
ESTIMATED

Cat 14

Franchises

12,589

tCO2e
ESTIMATED

Cat 15

Investments

28,292

tCO2e

15 values were derived via Mycelium's normalisation process rather than reported by the company. A cell marked “ESTIMATED” is a figure the company did not disclose, modelled by Mycelium.

Contact Info

Country

Canada

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How scoring works

How the Mycelium Score is calculated

The Mycelium Score is out of 10. Up to 6.5 points reflect carbon intensity vs peers in the same NACE section (emissions normalised against revenue, log-scaled between the 5th and 95th percentile of each company's latest reporting year in that section; a section needs at least 5 companies to be benchmarked). The band above 6.5 is earned through verified data quality on a claimed profile: declaring every reporting category yourself (up to 2.0), preparation by a carbon accountant (2.0) and independently audited figures (2.0). The total is multiplied by the transparency score and capped at 10. A disclosure with an implausibly large figure (Scope 1 or 2 over 300 million tonnes, a Scope 3 figure over 2 billion tonnes or a total over 2.5 billion tonnes) is not scored until it has been checked.

A higher score means lower carbon intensity than sector peers, backed by data that's third-party verified, claimed by the company, and fully disclosed. Methanex's score sits at the top of this page and in the score panel. Without a revenue figure to measure carbon intensity, or an industry classification to compare it within, a company has no score.

How the Transparency Score is calculated

The Transparency Score is the share of a company's estimated footprint that it reported itself, graded from A (very high) down to F (very low). Where a category is missing, Mycelium models what it would hold for a company of that size and industry and counts it as undisclosed, so an unreported category where the bulk of emissions sit hurts far more than a minor one. Unreported downstream categories (9 to 15) count at a quarter of their modelled size in this share; the carbon intensity behind the score still counts them in full. A Scope 3 total filed without a category breakdown earns very little credit for the part left unattributed, because it does not show which categories are inside it: a company can count business travel, leave purchased goods out entirely, and the total looks the same. Without a revenue figure the footprint cannot be modelled, so the company has no Transparency Score.

For Methanex, the single biggest gap is Use of sold products (Scope 3 Category 11). Mycelium estimates it accounts for around 31% of the company's estimated footprint, yet it hasn't been disclosed. Leaving a bucket this large unreported is what's holding the transparency score down.

Other material categories Methanex hasn't disclosed:

  • Purchased goods & services (Scope 3 Category 1), around 14% of the estimated footprint

In total, roughly 50% of Methanex's estimated emissions sit in categories it hasn't reported. Disclosing these would be the fastest way to raise the transparency score.

Cover of Mycelium's scoring methodology white paperRead the full scoring methodologyOur white paper covers exactly how the Mycelium Score and Transparency Score are calculated, including the normalisation process and what earns a 10/10.Download the white paper (PDF)

Compare Methanex with similar companies

Methanex carbon emissions FAQs

What are Methanex's carbon emissions?

In its 2024 reporting year, Methanex disclosed total emissions of 4,067,000 tCO2e across all scopes. Including Mycelium estimates for undisclosed categories, the adjusted total is 8,123,294 tCO2e. Scope 1 accounted for the largest share of the reported total, around 95%.

Does Methanex report Scope 1, Scope 2 and Scope 3 emissions?

For 2024, Methanex's available disclosure covers Scope 1 (3,863,000 tCO2e) and Scope 2 (204,000 tCO2e). Figures not reported by the company are shown as modelled estimates and labelled as such.

How transparent is Methanex's emissions reporting?

Methanex has a Mycelium transparency score of 67.3 out of 100. The score is the share of the company's estimated footprint that it reported itself, so an undisclosed category where most of its emissions sit weighs far more than a minor one.

Is Methanex sustainable?

Mycelium measures sustainability through carbon emissions data rather than giving a yes or no verdict. Methanex has a Mycelium Score of 1.4 out of 10, which reflects its emissions intensity against sector peers together with how transparent and well-verified its reporting is. The emissions figures and disclosure documents on this page give the fuller picture.

Is Methanex environmentally friendly?

Carbon emissions are one measurable part of environmental impact, and the part Mycelium tracks. Methanex disclosed 4,067,000 tCO2e for 2024, and its Mycelium Score of 1.4 out of 10 shows how that performance compares with similar companies in its sector.

Learn more about our methodology and where this data comes from.