Methanex Corporation.
MEOH.US | Manufacture of basic chemicals
Methanex Corporation is the world's largest producer and supplier of methanol to major international markets. Methanol is a clean-burning, versatile chemical building block used to produce a variety of industrial and consumer products. The company owns and operates production facilities in Canada, C...Show More
Better Health for All
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Based on the provided information, there is insufficient evidence to determine Methanex's alignment with the 'Better Health for All' value. The company produces and supplies methanol, a chemical used in various industrial applications. While methanol may be used in the production of some pharmaceuticals, this is an indirect link
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. The ATSDR article discusses sulfur dioxide, not methanol
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. The ECHA article discusses 4-hydroxyphenethylammonium chloride, not methanol
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. Methanex reports a recordable injury frequency rate of 0.09 in 2024
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. The company's core business model does not directly involve healthcare services or products, and there is no indication of significant positive or negative health impacts
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Fair Money & Economic Opportunity
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Methanex Corporation is a producer and supplier of methanol, an industrial chemical, and is not a financial institution. The company's core business does not involve lending, insuring, moving, or storing money for consumers. Therefore, all KPIs related to financial products, services, and customer financial outcomes, such as client share, pricing, fees, lending, data, wealth building, and debt, are not applicable. While Methanex makes community investments and donations, these are not classified as 'community finance' or 'profit-sharing with underserved communities' in the context of financial services as defined by the rubric.
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Fair Pay & Worker Respect
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No evidence available to assess Methanex Corporation on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess Methanex Corporation on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No evidence available to assess Methanex Corporation on Honest & Fair Business.
Kind to Animals
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No evidence available to assess Methanex Corporation on Kind to Animals.
No War, No Weapons
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Methanex Corporation is a methanol producer and explicitly states it has no military contracting, no controversial weapons in its product categories, and does not engage in dual-use technology development or appear to sell to embargoed regimes.
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Its board oversees human rights and compliance, but there is no defense business to oversee.
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The company's Human Rights Policy and Code of Business Conduct prohibit forced labor, child labor, slavery, and human trafficking.
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Methanex is committed to respecting human rights and safe working conditions, aligning with the UN Guiding Principles on Business and Human Rights, though implementation is uneven across divisions.
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Procurement contracts require suppliers to comply with applicable laws and Responsible Care policies.
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Methanex conducted a gap analysis and risk assessment of forced labor and child labor in its supply chain, focusing on 200 Tier 1 suppliers (98% of global spend).
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The company purchases catalysts from a supplier aligned with OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict Affected and High-Risk Areas, covering 45% of materials.
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Methanex identified two countries with higher risk for forced/child labor where they have manufacturing sites, and five other higher-risk countries from which they source goods, representing 5-10% of procurement from conflict regions.
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Planet-Friendly Business
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Methanex Corporation reported total water withdrawal of approximately 15 million m³ in 2024
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, with 2024 operations revenue of $3,720 million
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, resulting in a water use per revenue of approximately 4032 m³ per $1 million revenue. The company had no significant environmental spills in 2024.
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Methanex's 2024 Sustainability Report is aligned with TCFD.
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The company used a dynamic general equilibrium energy model to analyze potential implications of energy transition scenarios, but this is a rudimentary analysis.
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In 2024, 4% of total water withdrawal was sourced from high/extreme water stress areas.
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The company has an ambition for net-zero GHG emissions by 2050 or sooner.
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Methanex is pursuing climate-positive initiatives, including a pre-FEED study for CCUS at its Medicine Hat facility
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, which aims to capture approximately 400 tonnes of CO2 per day
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and produce 50,000 tonnes of methanol annually.
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Respect for Cultures & Communities
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The provided articles, including a project description for a proposed expansion at a single facility and a company stakeholder relations policy, do not contain the specific quantitative data required to assess the company against the given KPIs. Article 2 explicitly states that no quantitative data specific to cultural or community engagement metrics is provided.
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Article 3, outlining a policy, also notes the absence of details on implementation or metrics.
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Therefore, no KPIs can be scored based on the evidence provided.
Safe & Smart Tech
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Methanex's 2019 Management's Discussion and Analysis reported no unauthorized data use incidents.
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The company's privacy policy, updated in May 2018, states that users can request access, correction, deletion, and withdrawal of consent regarding their personal information.
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The policy also indicates that data is retained only as needed, subject to legal and regulatory requirements.
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As of 2025, the company is transitioning to comply with the European Union Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS).
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Zero Waste & Sustainable Products
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The provided articles describe Methanex's general approach to waste management, including aiming to minimize waste at the source and recycle/reuse where possible.
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The company emphasizes waste reduction during regular operations and major projects, and states that hazardous waste management is a key focus with strict procedures for segregation, classification, and disposal.
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One facility, Methanex Medicine Hat, implemented a waste strategy focused on reuse, repurpose, and recycling, reporting 98% of its hazardous waste and 44% of its non-hazardous waste was recycled.
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However, this facility-specific data cannot be applied company-wide. No other specific, quantitative data points for any of the KPIs related to zero waste and sustainable products were found across the company's operations.
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