Methanex Releases 2024 Sustainability Report
Rhea-AI Summary
Methanex (TSX:MX) (Nasdaq:MEOH) has released its 2024 Sustainability Report, highlighting the company's progress on key sustainability initiatives. CEO Rich Sumner proudly announced their best-ever safety performance in 2024, placing Methanex in the top ten percent for safety among American Chemistry Council's Responsible Care members.
The report details how Methanex protects and develops its people, minimizes environmental impact, and contributes to communities. As the world's largest producer and supplier of methanol, the company emphasizes its role in providing an essential product that improves everyday life while offering solutions for a sustainable future.
Methanex is headquartered in Vancouver and trades on both the Toronto Stock Exchange (MX) and Nasdaq (MEOH). The full 2024 Sustainability Report is available on their website.
Positive
- Achieved best-ever safety performance in 2024
- Ranked in top 10% for safety among American Chemistry Council's Responsible Care members
- Maintains position as world's largest methanol producer and supplier
- Demonstrated commitment to sustainability initiatives across the organization
Negative
- specific metrics or quantifiable sustainability goals mentioned in the press release
- No detailed financial information provided
- Lack of specific environmental performance data in the PR summary
News Market Reaction 1 Alert
On the day this news was published, MEOH declined 12.90%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, British Columbia, March 07, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) released its 2024 Sustainability Report today to share its progress on the sustainability topics that are most material to the company and its stakeholders.
“I am proud of our global team’s commitment to safety and Responsible Care® and our best-ever safety performance achievement in 2024. Our safety performance puts us in the top ten per cent for safety performance among the American Chemistry Council’s Responsible Care members.1 The Sustainability Report outlines Methanex’s 2024 activities, including how we protect and develop our people, minimize our impact on the environment and contribute to our communities.” said Rich Sumner, President and CEO of Methanex. “I am pleased to report on our progress towards fulfilling our sustainability commitments and outline the strategies we are implementing to achieve our sustainability objectives across the organization.”
Methanex is the world’s largest producer and supplier of methanol. We make an essential product that improves everyday life and provides solutions for a sustainable future. To read Methanex’s full 2024 Sustainability Report please click here.
Methanex is a Vancouver-based, publicly traded company and is the world’s largest supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “MX” and on the Nasdaq Stock Market in the United States under the trading symbol “MEOH”. Methanex can be visited online at www.methanex.com.
For further information, contact:
Media Inquiries
Nina Ng
Manager, Global Communications
+1-604-661-2600 or Toll Free: +1-800-661-8851
Investor Inquiries
Sarah Herriott
Director, Investor Relations
+1-604-661-2600 or Toll Free: +1-800-661-8851
1 We compare ourselves against companies with more than 100 employees.
FAQ
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