Cabot Corporation Achieves Platinum Rating from EcoVadis for Fifth Consecutive Year
Rhea-AI Summary
Cabot Corporation (NYSE: CBT) has achieved a platinum rating from EcoVadis for the fifth consecutive year, placing it among the top 1% of companies assessed globally for sustainability performance. The company's overall score increased by three points, with notable progress in sustainable procurement. Cabot received "outstanding" ratings in both environment and labor & human rights categories.
Additionally, in CDP's 2024 assessment, Cabot maintained 'B' ratings in both climate change and water security categories, positioning it as a leading performer among carbon black manufacturers. The achievement is particularly noteworthy as both EcoVadis and CDP have increased their rating stringency over time.
EcoVadis evaluates over 150,000 companies across 185+ countries, focusing on four key areas: environment, labor & human rights, ethics, and sustainable procurement. Their methodology aligns with international sustainability standards including the Global Reporting Initiative, UN Global Compact, and ISO 26000.
Positive
- Achieved platinum rating from EcoVadis for 5th consecutive year, ranking in top 1% globally
- Increased overall EcoVadis score by three points with significant progress in sustainable procurement
- Received top 'outstanding' ratings in environment and labor & human rights categories
- Maintained 'B' ratings in CDP's climate change and water security assessments
Negative
- None.
News Market Reaction – CBT
On the day this news was published, CBT declined 1.90%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Company recognized among the top
BOSTON, June 30, 2025 (GLOBE NEWSWIRE) -- Cabot Corporation (NYSE: CBT) has earned a platinum rating from EcoVadis, the highest recognition available, for the fifth consecutive year. The platinum rating recognizes Cabot’s environmental, social and governance (ESG) efforts and places the company among the top
EcoVadis evaluates the sustainability performance and management systems of more than 150,000 companies in over 185 countries across more than 250 industries within four key areas: environment, labor & human rights, ethics, and sustainable procurement. This year, Cabot’s overall score increased by three points with significant progress made in the sustainable procurement category. The company once again received the top sustainability performance score of “outstanding” in the environment category as well as labor & human rights category. The EcoVadis methodology is built on international sustainability standards, including the Global Reporting Initiative, United Nations Global Compact and ISO 26000.
“We are proud to once again be honored by EcoVadis at the highest distinction for our exceptional sustainability performance,” said Jennifer Chittick, senior vice president, Safety, Health and Environment (SH&E); chief sustainability officer. “With EcoVadis setting higher standards year after year, this recognition reflects our team’s unwavering commitment to continuous improvement – consistently identifying and implementing opportunities that further advance our sustainability efforts. As we continue our journey toward a more sustainable future, we remain dedicated to leading by example in sustainability and maintaining transparency throughout our value chain.”
Furthermore, Cabot recently received its 2024 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 several areas including climate change and water security. Cabot once again achieved a ‘B’ rating in climate change and a ‘B’ rating in water security, placing the company as one of the top carbon black manufacturers assessed by CDP.
The ratings frameworks for both EcoVadis and CDP have become more rigorous over the years, raising the bar for sustainability performance and transparency. As the criteria evolve, maintaining or improving on scores has become increasingly challenging. Cabot’s ability to uphold and advance its ratings reflects the dedication the company brings to enhancing its sustainability initiatives and continuous improvement across all aspects of its operations.
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.
Contact:
Emily Moran
Corporate Communications
emily.moran@cabotcorp.com
(617) 460-4517
Steve Delahunt
Investor Relations
steve.delahunt@cabotcorp.com
(617) 342-6255