“Our sustainability program addresses our environmental, social and
economic performance and it underpins what is most important to us here
at Cabot. Over the years, we have been guided by our values of respect,
responsibility, excellence and integrity. I see sustainability as a
natural extension of our values and fitting squarely within our new
corporate strategy and vision,” said Cabot President and Chief Executive
The 2016 Sustainability Report demonstrates Cabot’s commitment to
continuous improvement, increased disclosure and expanded stakeholder
engagement. This latest sustainability report was developed in
accordance with the new Global Reporting Initiative (GRI) Reporting
Standards: Core Option. Additionally, as a signatory of the
Accomplishments highlighted in the 2016 report include:
- Innovation collaboration with customers in a broad range of sustainability driven end-markets.
- Reduction of the number of environmental non-conformances by 26%.
- Decrease in the number of process safety events by 50% from 2015, eliminating Tier 1 process safety events.
- Realization of an approximate 18% reduction in the number of total recordable incidents and a 10% reduction in total recordable injury rate over 2015.
Contribution of over
$1.6 millionin charitable donations from the Cabot Corporation Foundationand Cabot’s global locations to support the communities in which it operates.
“We remain committed to sustainability at Cabot and we know there is always more work to be done and more progress to be made,” said Martin O’Neill, senior vice president, Safety, Health and Environment. “Making improvements for a better, more sustainable company and future is a never-ending job. We are committed to working together with our various stakeholders to further our efforts and make meaningful progress on our sustainability journey. I’m thrilled to share our latest report on this progress.”
For more information about sustainability at Cabot, view the full 2016 Sustainability Report at cabotcorp.com/sustainability.
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.
Vanessa Craigie, 617-342-6015