BOSTON—Carbon black is getting greener. And when it comes to the environmental efforts that are changing the entire industry for the better, Cabot Corp. is determined to be a leading change agent with a net-zero emissions goal by 2050.
"The entire chemical industry will need to collaborate along this (sustainability) journey," Martin O'Neill, senior vice president of safety, health and environment and chief sustainability officer, told Rubber News. " … We cannot achieve this transition to net zero alone. Our path to reducing our footprint will be a continuous improvement journey that includes investments in technology, infrastructure and people."
And O'Neill believes Cabot is off to a pretty good start.
The company early this year earned its second consecutive platinum rating from EcoVadis, an independent sustainability ratings firm. The platinum rating, Cabot said, places it in the top 1 percent of companies manufacturing basic chemicals. That's a grouping that EcoVadis defines as including makers of chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms.
To achieve the platinum rating, Cabot demonstrated sustainability performance that achieved benchmarks in four specific areas: environment, labor and human rights, ethics and sustainable procurement.
"Sustainability is at the heart of our purpose as a company, and is integral to everything that we do," Sean Keohane, Cabot president and CEO, said in a statement. "To once again be recognized by EcoVadis as an industry leader is a testament to our dedication and actions to advance all aspects of our sustainability agenda while bringing the power of innovative chemistry to our customers to help solve many of the sustainability challenges facing our world."