Cabot Corporation Enhances Circularity and Traceability Through ISCC PLUS Certification
18 Settembre 2023 - 3:00PM
Business Wire
Drives Continuous Improvement in Sustainability
Agenda with Ambition to Expand Certifications Throughout Global
Network
Cabot Corporation (NYSE: CBT) today announced it has achieved
International Sustainability and Carbon Certification (ISCC) PLUS
certification at six of its facilities. Cabot currently has more
ISCC PLUS certified sites than any carbon black manufacturer and
has ambitions to expand certification throughout its global
network. Sites currently certified include three reinforcing carbon
facilities in Europe and the Americas as well as two masterbatch
and compounding facilities* in Europe and the Company’s Europe,
Middle East and Africa regional headquarters. Achieving ISCC PLUS
certification furthers Cabot’s commitment to advancing circularity
and traceability, helping its customers achieve their
sustainability goals by delivering sustainable solutions at a
global scale.
Across the globe, companies have announced ambitious
sustainability goals to support the transition to a more circular,
net-zero economy. Many industrial manufacturers have committed to
the use of materials linked to recovered or renewable materials and
are looking for certified materials that accelerate the circular
economy as well as reduce greenhouse gas (GHG) emissions. Products
manufactured at Cabot’s ISCC PLUS certified facilities adhere to
ISCC PLUS requirements by leveraging circular value chains and
certified feedstocks in the product manufacturing process.
Cabot recently launched its EVOLVE® Sustainable Solutions
technology platform, which is designed to deliver products that
offer sustainable content with reliable performance at industrial
scale. Cabot currently offers two ISCC PLUS certified products
powered by EVOLVE® Sustainable Solutions, VULCAN® 7H-C circular
reinforcing carbon and STERLING® SO-RC110 circular
reinforcing carbon. These products are produced via a mass balance
approach designed to trace the flow of materials through a complex
value chain.
“As a leader in our industry, it is critical that we take
actions as a company that progress our 2025 sustainability goals as
well as ambition for a lower carbon future while ensuring our
solutions also help our customers achieve their own sustainability
objectives,” said Aatif Misbah, vice president and general manager,
Sustainable Solutions. “The launch of our EVOLVE Sustainable
Solutions technology platform is a testament to our commitment to
collaborate with our suppliers to deliver innovative, sustainable
solutions that incorporate decarbonization** and circular economy
strategies. Industry certifications, like ISCC PLUS, help solidify
our commitments for our customers and offer the necessary chain of
custody verification by third parties to ensure the integrity and
performance of our global supply chain.”
Cabot’s EVOLVE Sustainable Solutions technology platform is
currently focused on delivering sustainable reinforcing carbons
that leverage circular value chains and materials recovered from
end-of-life tires, and/or renewable and bio-based materials, and/or
processes that reduce GHG emissions. The Company anticipates
expanding the platform to other businesses within its portfolio and
is focused on developing new sustainable solutions for use in
additional specialty applications such as plastics. By obtaining
ISCC PLUS certification at its masterbatch and compounding
facilities, Cabot aims to help deliver the performance, quality and
consistency that the plastics industry requires at scale for
certified solutions.
For more information about EVOLVE and Cabot’s ISCC PLUS
certified products, visit cabotcorp.com/evolve.
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.
ABOUT ISCC
ISCC is a globally applicable certification system that covers
entire supply chains and all kinds of biobased feedstocks and
renewables. Third party certification ensures compliance with
ecological and social requirements, greenhouse gas emissions
savings and traceability. ISCC can be applied in various markets,
including the bioenergy sector and the food, feed and chemical
markets. Since its start of operations in 2010, more than 10,000
certificates in 100 countries have been issued. ISCC is a
multistakeholder initiative governed by an Association with more
than 80 members from producers and processors, trade and logistics
as well as NGOs and Science and Research.
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.
*The two masterbatch and compounding facilities as stated in the
press release includes ISCC PLUS certification as well as satisfies
the voluntary add-on GHG emission requirements.
**The solutions under Cabot's EVOLVE Sustainable Solutions
technology platform may incorporate decarbonization strategies
which are not subject to ISCC's verification.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230918443894/en/
Emily Moran Corporate Communications emily.moran@cabotcorp.com
(617) 460-4517
Steve Delahunt Investor Relations steve.delahunt@cabotcorp.com
(617) 342-6255
Grafico Azioni Cabot (NYSE:CBT)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Cabot (NYSE:CBT)
Storico
Da Lug 2023 a Lug 2024