Our Approach to Responsible Care and Sustainability

Leadership and accountability

To guide and implement our Responsible Care and sustainability practices, we employ a structured approach that starts with clear organizational accountability.

Our corporate governance policies ensure that business decisions and practices achieve the highest standards of accountability, ethical behaviour, and Responsible Care.

Our Responsible Care and Social Responsibility policies and practices are established by our Executive Leadership Team and endorsed by our Board of Directors. Through the Responsible Care Committee of the Board, the Board monitors Responsible Care matters related to ethics, accountability, governance, operations, stewardship, community involvement, and safety of people and the environment.

These Responsible Care policies and practices are then embedded throughout the entire organization, from the Board of Directors all the way to individual team members. The most senior position in Responsible Care, the Vice President of Responsible Care and Operational Excellence, is directly accountable to the CEO in matters related to Responsible Care and also reports to the Senior Vice President, Global Manufacturing. Both the CEO and Executive Leadership Team have aligned performance goals and incentives linked to Responsible Care key performance indicators (KPIs). The KPIs reflect all the main elements of our Responsible Care programs and are stretch targets to drive continual improvement throughout the organization.

Global Integrated Management System

Our Global Integrated Management System (GIMS) guides us in implementing the CIAC Responsible Care Ethic and Principles for Sustainability. It also guides implementation of our Health, Safety, Security, Environment, and Quality (HSSEQ) Policy, and the Responsible Care Codes for Operations, Stewardship, and Accountability.

The GIMS defines integrated requirements for all aspects of our operations, incorporating the latest management system standards for Responsible Care management (CIAC), quality (ISO 9001:2015), environment (ISO 14001:2015), occupational health and safety (OHSAS 18001:2007), and process safety (Center for Chemical Process Safety). The requirements meet or exceed the latest standards for health, safety, environment, security, process safety, reliability, emergency preparedness, crisis management, social responsibility, sustainability, product stewardship, and quality.

A global, risk-based internal audit program reviews management practices to ensure compliance, assess performance, and drive continual improvement. Third-party assessments provide external benchmarking and verify the integrity of our systems. We communicate regularly to the Board about the overall health of our integrated management system, and a Responsible Care verification is conducted by the CIAC (or, in Trinidad and the U.S., the American Chemistry Council).

Stakeholder engagement

Our Responsible Care Policy directs us to recognize and respond to stakeholder concerns about our operations and products, and to provide information concerning any potential health or environmental hazard to the appropriate authorities, employees, and stakeholders.

Community advisory panels (CAPs) composed of a cross-section of independent community representatives function in each of our manufacturing regions to promote communication between Methanex and our fence-line communities. The CAPs provide a valuable forum for open, honest, two-way communications.

Material aspects

Material aspects refer to topics that are of significant interest to our stakeholders or that have economic, environmental, or social impacts on Methanex, our stakeholders, or society at large. We identify our top material aspects through an internal assessment of topics that are important to our key stakeholders and that influence Methanex’s success in the long term.

The material aspects emphasized for this report are below:

Sustainable Energy and Methanol

  • Methanol as marine fuel
  • Methanol as vehicle fuel
  • Methanol as power source
  • Renewable methanol

Environment

  • CO₂ emissions from manufacturing
  • CO₂ emissions from marine shipping
  • Water management
  • Waste management
  • Spill prevention and response

Workplace

  • Health and safety
  • Building our culture
  • Talent management

Community

  • Community dialogue and engagement
  • Community investment and volunteering

Product Stewardship

  • Safe distribution and handling
  • Methanol user safety