Cabot Corporation Details Sustainability Progress in 2023 Sustainability Report - Seite 2

Additionally, as part of its efforts to further advance its sustainability strategy, Cabot enhanced its governance practices for environmental, social and corporate governance (ESG) matters by establishing a formal governance structure managed by an ESG Steering Committee. Cabot believes this governance structure will enable Cabot to continue to successfully implement its sustainability strategy across the company, manage goal setting and reporting processes, and strengthen relationships with key stakeholders across its value chain as it progresses on its sustainability journey. Furthermore, Cabot has formally integrated its focus on sustainability into its updated Safety, Health, Environment & Sustainability (SHE&S) Commitment which reflects its collective efforts to help create a more sustainable world while continuing to prioritize the safety and well-being of its employees.

“Our new ESG governance structure helps advance our sustainability agenda and will play a critical role in ensuring that we are continuing to make the necessary progress to achieving our longer-term sustainability goals, net zero ambition and vision for enabling a more sustainable future,” said Martin O’Neill, senior vice president and chief sustainability officer.

Cabot has received several accolades for its sustainability efforts including a platinum rating from EcoVadis, the highest recognition available, for the third consecutive year as well as being named to “America’s Most Responsible Companies 2023” list by Newsweek for the third consecutive year and named to Investor’s Business Daily’s (IBD) “100 Best ESG Companies of 2022” list for the second consecutive year. The company was also named one of “America’s Greatest Workplaces for Diversity 2023” by Newsweek and Plant-A Insights Group and named to European Rubber Journal’s “Top 10 Elastomers for Sustainability” for its EVOLVE Sustainable Solutions as well as E2C solutions for the third time.

For more information about Cabot’s sustainability progress and to view the full 2023 Sustainability Report, 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.