Cabot Corporation Earns Platinum Rating from EcoVadis for Fourth Consecutive Year
23 Maio 2024 - 9:00AM
Business Wire
Company recognized among the top 1% of
companies assessed underscoring exceptional leadership in
sustainability performance
Cabot Corporation (NYSE: CBT) has achieved a platinum rating
from EcoVadis, the highest recognition available, for the fourth
consecutive year. The platinum rating recognizes Cabot’s
environmental, social and governance (ESG) efforts and places Cabot
among the top 1% of companies assessed by EcoVadis. This
recognition reflects the quality of the company’s sustainability
management system as well as demonstrates its commitment to
promoting transparency throughout its value chain.
EcoVadis evaluates the sustainability performance and management
systems of more than 130,000 companies in over 180 countries across
more than 220 industries within four key areas: environment, labor
and human rights, ethics, and sustainable procurement. This year,
Cabot once again received the top sustainability performance score
of “outstanding” in the environment category. The EcoVadis
methodology is built on international sustainability standards,
including the Global Reporting Initiative, United Nations Global
Compact and ISO 26000.
“We are honored to be recognized once again by EcoVadis for our
excellent sustainability performance. With EcoVadis raising the bar
higher than ever, we are immensely proud of our team’s hard work to
identify and act on opportunities to further advance our
sustainability performance,” said Sean Keohane, president and CEO.
“At Cabot, we are responding to our stakeholders and customers by
developing innovative solutions that will further our
decarbonization strategy, conserve resources across our value
chain, and grow our position in the circular economy. Our EcoVadis
rating reflects Cabot’s leadership and dedication to continuous
improvement and enabling a more sustainable future with our
products and processes.”
Furthermore, Cabot recently received its 2023 scores from CDP, a
non-for-profit organization that spearheads the global disclosure
system for investors, companies, cities, states and regions to
manage their environmental impacts. CDP annually evaluates
participating companies across three areas: climate change,
supplier engagement and water security. Cabot achieved improved
scores in two out of the three rated areas, including a ‘B’ rating
in climate change and a ‘B-' rating in supplier engagement. The
company remained at a ‘B’ rating in water security.
“As a leader in our industry, we understand our role in setting
an example for sustainability performance and transparency. We are
proud that our efforts continue to be recognized by EcoVadis at the
highest level and the enhancements we have made to our
sustainability agenda also resulted in an improved CDP score,” said
Martin O’Neill, senior vice president, Safety, Health and
Environment (SH&E) and Government Affairs; chief sustainability
officer. “Each year, we use these valuable assessments to uncover
new opportunities to further improve our sustainability program. It
is crucial that we continue to honor our commitments and remain
accountable to our stakeholders as we work together toward
achieving a lower carbon future.”
For more information about Cabot’s commitment to sustainability
and its ESG disclosures, visit cabotcorp.com/sustainability.
ABOUT CABOT CORPORATION
Cabot Corporation (NYSE: CBT) is a global specialty chemicals
and performance materials company headquartered in Boston,
Massachusetts. The company is a leading provider of reinforcing
carbons, specialty carbons, battery materials, engineered elastomer
composites, inkjet colorants, masterbatches and conductive
compounds, fumed metal oxides and aerogel. For more information on
Cabot, please visit the company’s website at cabotcorp.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Statements in the press release regarding
Cabot's business that are not historical facts are forward looking
statements that involve risks and uncertainties. For a discussion
of such risks and uncertainties, which could cause actual results
to differ from those contained in the forward looking statements,
see "Risk Factors" in the Company's Annual Report on Form 10-K.
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version on businesswire.com: https://www.businesswire.com/news/home/20240523241117/en/
Emily Moran Corporate Communications emily.moran@cabotcorp.com
(617) 460-4517
Steve Delahunt Investor Relations steve.delahunt@cabotcorp.com
(617) 342-6255
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