We set high performance targets for ourselves and are proud of the recognition we have earned.
We have developed our own internal standards that provide guidance and explain how to uphold our values and ethical standards. Such standards include our corporate values, ethics and compliance, supplier code of conduct, safety guidelines and manufacturing processes.
Additionally, our employees actively participate and often serve in leadership roles within industry trade groups. These organizations collaborate to ensure that material-specific toxicology assessments and epidemiological research are properly conducted and reported consistently using best practices for scientific research. We believe that working in partnership with others and committing to voluntary initiatives is critical to demonstrating collaboration and leadership. For example, we are engaged in positive discussions concerning the role of regulation, as well as industry, in achieving global reductions in carbon dioxide (CO2) over time and mitigating the negative impacts of climate change.
United Nations Global Compact
Taking the next step on our sustainability journey, we proudly became a signatory to the United Nations Global Compact (UNGC) in July 2015. We have long fostered the spirit and intent of the 10 universally accepted UNGC principles in the areas of human rights, labor, environment and anti-corruption. These principles are a natural extension of our values and business model. We continue to have strong programs that positively impact employees, customers, suppliers and the communities in which we operate.
We have a deep respect for the diverse backgrounds of our employees and firmly believe every individual should treat one another with dignity, honesty, respect and fairness. This is explicitly covered in our Code of Business Ethics in addition to our formal Human Rights Policy, which also extends these expectations to our suppliers. As we engage in understanding our supplier sustainability management practices, we will continue to use this Policy to assess our suppliers’ activities and hold them accountable to ensuring these fundamental rights are upheld.
Safety is at the cornerstone of our operations as we strive to conduct business in a way that is safe for our employees, contractors, visitors and the communities where we operate. With a belief that all injuries are preventable, we go to great lengths to ensure employees, contractors and visitors to our global facilities are well trained and equipped with everything they need to return home each day the same as when they arrived at our facility. In addition, we recognize the benefit of promoting wellness across our workforce. Over the past year, we have offered numerous safety training opportunities and further supported employees in improving their overall health and well-being.
With recognition of the numerous environmental issues facing our planet, we fully accept our responsibility to mitigate our footprint to the best extent possible across our global operations. This commitment is underscored by the fact that the majority of the topics identified as most material to our sustainability program are environmentally related. Guiding our efforts, we have specific goals in place for energy, emissions and waste, and are constantly looking for ways to achieve these targets by 2025. We also recognize that we must continue to monitor our use of water and look for more opportunities to work with our partners across the value chain to collectively reduce our environmental impacts.
Conducting business with integrity is critical to our business success and requires the support of all employees and suppliers. All forms of corruption, including bribery and extortion, are explicitly forbidden according to Cabot’s Code of Business Ethics. All employees are required to undergo annual training on the Code of Business Ethics, through which they can practice identifying potential risks of corruption and learn how such matters should be addressed. Depending on employees’ job responsibilities, supplementary training may also be required as an added measure to uphold our high expectations for ethical business conduct.
Responsible Care embodies the chemical industry’s commitment to the safe, responsible and sustainable management of chemicals through their entire life cycle. We have been an active leader in Responsible Care since joining the American Chemistry Council (ACC) in 2010. Our participation signifies our deep belief in the value of external engagement and third-party certification of our safety, health, environmental and security management systems.
Through Responsible Care, we are committed to:
- Continuously improving the safety, health and environmental performance of our technologies, processes and products
- Using resources wisely and minimizing waste
- Promoting responsible management of chemicals
- Upholding open communications with stakeholders
Within this program, we have chosen to implement RC 14001, which incorporates the requirements of both the Responsible Care code and the International Organization for Standardization (ISO) 14001 Environmental Management Systems, for our manufacturing facilities and corporate offices in the United States and our carbon black facility in Canada. Each year following certification, several of our United States manufacturing sites have demonstrated safety leadership by receiving ACC awards in the Achievement, Honor and Excellence categories.
Beyond North America, our international locations also abide by the principles of Responsible Care and have applied them across our global network. For example, our Tianjin, China, facility is certified to the Responsible Care 14001® Environmental Management standard, making us the first chemical company to reach this milestone in China. Additionally, as a member of the Association of International Chemical Manufacturers (AICM) that promotes Responsible Care in China, we are actively engaged in leadership positions in the AICM’s environment, safety, emergency planning, production and process safety subcommittees.
Gold Level Recognition
We received Gold Level Recognition by EcoVadis, an independent assessment organization that specializes in monitoring the performance of sustainability programs.
We were ranked in the top 2% of suppliers assessed by EcoVadis in all categories, and in the top 3% within the chemical industry. This prestigious recognition showcases our long-term commitment to sustainability.
Highest Rating from ISS
We received a top score of 1 in Environmental Performance from the Institutional Shareholder Services (ISS).
Institutional Shareholder Services (ISS) assesses an Environmental QualityScore based on a company’s management of environmental risks and opportunities, carbon emission, climate, use of natural resources, and management of waste and toxicity.
Our CEO signed the Global Responsible Care® Charter, which represents our global commitment to the principles of Responsible Care® excellence.Download the Charter