Cabot highlights progress towards 2025 sustainability goals

Extended the purchase of renewable energy to over 25,000 megawatt-hours (MWh) for two of our facilities in the United Kingdom and exploring additional opportunities to increase renewable energy purchases globally

Cabot Corporation has published its 2020 Sustainability Report as part of the company’s ongoing commitment to its sustainability strategy which highlights progress toward its 2025 Sustainability Goals as well as various sustainability initiatives.

“As a leader in sustainability in our industry, we understand the value in continuing to develop robust frameworks to engage with stakeholders and make progress with our sustainability agenda,” said Sean Keohane, President and CEO.

“Despite the unforeseen challenges presented in 2020, I am tremendously proud of our people, the progress we made toward our 2025 sustainability goals and how our innovative chemistry products are helping to solve many of the sustainability challenges facing our world. Though there is still more work to be done, I believe that our innovative portfolio, dedicated and passionate people, and our commitment to continuous improvement and excellence in everything we do will enable us to make a difference for the long term,” Keohane.

Notable Accomplishments

• Realized 77% of Cabot’s 2025 greenhouse gas emissions intensity goal and 81% of its 2025 energy intensity goal
• Achieved a 48% drop in its recordable injury rate compared to 2019
• Contributed over $1.7 million through the Cabot Corporation Foundation and site-level giving to support local communities
• Extended the purchase of renewable energy to over 25,000 megawatt-hours (MWh) for two of our facilities in the United Kingdom and exploring additional opportunities to increase renewable energy purchases globally
• Initiated a cradle-to-gate life cycle analysis of Cabot’s carbon black products to identify opportunities to reduce our overall greenhouse gas footprint
• Made significant capital investments in emissions control technology at several carbon black manufacturing facilities including Xingtai, China, and Franklin and Ville Platte, LA, USA, which will result in improved air quality through the reduction of NOX and SOX emissions.

“This report showcases our commitment to our three key sustainability pillars – caring for our people and communities, acting responsibly for the planet and building a better future together,” said Martin O’Neill, senior vice president, Safety, Health and Environment (SH&E). “Our progress across these three pillars reinforces our intense focus on sustainability and leading our industry to a more sustainable platform and portfolio for the future.”