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Methanex Corp

ISIN: CA59151K1084 | Canada | North America
Score 1 - Limited
Full assessment

Methanex has established a dedicated internal structure for overseeing its advocacy, as evidenced by its statement that "we created a new position, the Director for Low-carbon Regulation and Advocacy, to centralize our advocacy efforts," while also confirming that "any lobbying activities are overseen by the managing directors of our manufacturing regions, each of whom reports to a member of the executive leadership team." This indicates clear assignment of responsibility. However, the company does not disclose a policy or formal process to ensure alignment of its direct and indirect lobbying - through industry bodies like "the Methanol Institute" and "the American Chemistry Council" - with its climate strategy, and it declines to make a public commitment to engage in line with the Paris Agreement, noting "No, and we do not plan to have one in the next two years." We found no evidence of a systematic review or monitoring procedure to assess whether its advocacy is consistent with its low-carbon objectives.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in North America or all companies in Canada.