Cabot Named a Benchmark and Leader in Maplecroft Climate Innovation Indexes

October 28, 2010
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BOSTON, Oct 28, 2010 /PRNewswire via COMTEX/ -- Cabot Corporation (NYSE: CBT) today announced it was named to the Maplecroft Climate Innovation Indexes (CII) as a Maplecroft CII Benchmark and a Maplecroft CII Leader. Cabot ranked fortieth among the 350 U.S. companies evaluated for climate-related innovation and carbon management programs.

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Among Cabot's strengths, Maplecroft cited a clear commitment to sustainability and environmental compliance at the senior level of the company and demonstration of transparent disclosure, including participation in the Carbon Disclosure Project.

Maplecroft, based in the United Kingdom, is a research and consulting company that reports on sustainability-related risks. The firm rates corporations based on performance in five areas: quality of management on climate issues, mitigation of carbon emissions, emissions reduction, use of innovative technologies and business practices that capitalize on climate-related opportunities, and adaptation, which is how companies address climate challenges within their operations.

Martin O'Neill, Cabot's Vice President for Safety, Health and Environmental Affairs, said, "Cabot has a long standing commitment to continuous improvement in safety and environmental performance. Our inclusion in the Maplecroft CII indexes underscores our efforts in the areas of climate change and sustainability. We are pleased to be among an elite group of companies that are leading innovation around this important issue."

About Cabot Corporation

Cabot Corporation is a global specialty chemicals and performance materials company headquartered in Boston, MA. Cabot's major products are carbon black, fumed silica, inkjet colorants, capacitor materials, and cesium formate drilling fluids. Cabot operates 39 manufacturing facilities in 21 countries worldwide. The Company's website is: http://www.cabot-corp.com/.

SOURCE: Cabot Corporation