Cabot Corp

Common Name
Cabot
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
4,151
Ticker
CBT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Cabot Corporation is a leading specialty chemicals and performance materials company, which plays a crucial role in various industries worldwide. Founded in 1882, the firm specializes in the productio...

Cabot's GHG Emissions Data Preview

In 2023, Cabot completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Cabot has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Cabot’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Cabot’s data sources below and access millions more through our Disclosure Search.

a. Cabot's Sustainability Report 2023
a. Cabot's Sustainability Report 2023
b. Cabot's Sustainability Report 2020
b. Cabot's Sustainability Report 2020

Insights into Cabot's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Cabot amounted to 3,990,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Cabot decreased by 8.49%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Cabot's Scope 1 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e-8%-14%+7%0%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Cabot's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Cabot were 3,700,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Cabot reduced its Scope 1 emissions over time?

Since 2018, Cabot's Scope 1 emissions have decreased by 22.43%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Cabot's Scope 1 emissions decreased by 8.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Cabot's Scope 2 emissions?

In 2023, Cabot reported Scope 2 greenhouse gas (GHG) emissions of 310,000 tCO₂e using the market-based method and 290,000 tCO₂e using the location-based method. a

Has Cabot reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Cabot's Scope 2 emissions (Location-Based) fell by 12.12% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Cabot use for Scope 2 reporting?

In 2023, Cabot reported its Scope 2 emissions using the market-based method and using the location-based method. a

Cabot's Scope 2 Emissions Over Time

201820192020202120222023085 k170 k255 k340 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Cabot's Value Chain Emissions

In 2023, Cabot reported 5,206,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Cabot includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Cabot's Scope 3 Emissions Over Time

2022202301.5 M3 M4.5 M6 MtCO2e-2%
  • Total Scope 3
  • Year-over-Year Change

What are Cabot's Scope 3 emissions?

In 2023, Cabot reported total Scope 3 emissions of 5,206,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 77.76% of these emissions originated from upstream activities such as purchased goods and capital goods, while 22.24% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Cabot's Scope 3 emissions remained relatively stable, indicating that Cabot 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Cabot disclose?

In 2023, Cabot reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Cabot's Scope 3 emissions?

In 2023, the largest contributors to Cabot's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 3,497,000 tCO₂e (67.17%)
  • Processing of Sold Products (Cat. 10): 965,000 tCO₂e (18.54%)
  • Upstream Transportation and Distribution (Cat. 4): 284,000 tCO₂e (5.46%)

Cabot's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(18.5%)UpstreamTransportation andDistribution(Cat. 4)(5.5%)Purchased Goods andServices (Cat. 1)(67.2%)

Insights into Cabot’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Cabot reported Scope 1 greenhouse gas (GHG) emissions of 3,700,000 tCO₂e and total revenues of USD 3,931 millions. This translates into an emissions intensity of 941.24 tCO₂e per millions USD. a

Cabot's Scope 1 Emissions Intensity Compared to Peers

1005,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)Koppers HoldingsYear: 2024Scope 1: 341,773 tCO2eRevenue: $M 2,092Scope 1 Intensity: 163.36 tCO2e/$MElement SolutionsYear: 2024Scope 1: 11,115 tCO2eRevenue: $M 2,457Scope 1 Intensity: 4.52 tCO2e/$MEastman ChemicalYear: 2023Scope 1: 5,526,585 tCO2eRevenue: $M 9,210Scope 1 Intensity: 600.06 tCO2e/$MWD-40Year: 2023Scope 1: 418 tCO2eRevenue: $M 537Scope 1 Intensity: 0.78 tCO2e/$MDupont De NemoursYear: 2023Scope 1: 739,337 tCO2eRevenue: $M 12,068Scope 1 Intensity: 61.26 tCO2e/$MPPG IndustriesYear: 2023Scope 1: 420,000 tCO2eRevenue: $M 18,246Scope 1 Intensity: 23.02 tCO2e/$MSensient TechnologiesYear: 2024Scope 1: 163,544 tCO2eRevenue: $M 1,557Scope 1 Intensity: 105.02 tCO2e/$MMinerals TechnologiesYear: 2023Scope 1: 351,590 tCO2eRevenue: $M 2,170Scope 1 Intensity: 162.03 tCO2e/$MAir Products and ChemicalsYear: 2023Scope 1: 16,400,000 tCO2eRevenue: $M 12,600Scope 1 Intensity: 1,301.59 tCO2e/$MIngevityYear: 2021Scope 1: 252,925 tCO2eRevenue: $M 1,391Scope 1 Intensity: 181.76 tCO2e/$MAlbemarleYear: 2024Scope 1: 753,000 tCO2eRevenue: $M 5,378Scope 1 Intensity: 140.03 tCO2e/$MSherwin-WilliamsYear: 2024Scope 1: 439,037 tCO2eRevenue: $M 23,098Scope 1 Intensity: 19.01 tCO2e/$MCommercial MetalsYear: 2024Scope 1: 1,038,806 tCO2eRevenue: $M 7,926Scope 1 Intensity: 131.06 tCO2e/$MEcolabYear: 2024Scope 1: 270,090 tCO2eRevenue: $M 15,741Scope 1 Intensity: 17.16 tCO2e/$MInnospecYear: 2023Scope 1: 53,899 tCO2eRevenue: $M 1,949Scope 1 Intensity: 27.66 tCO2e/$MChemoursYear: 2023Scope 1: 3,572,000 tCO2eRevenue: $M 6,027Scope 1 Intensity: 592.67 tCO2e/$MHawkinsYear: 2023Scope 1: 34,033 tCO2eRevenue: $M 935Scope 1 Intensity: 36.40 tCO2e/$MQuaker ChemicalYear: 2023Scope 1: 25,000 tCO2eRevenue: $M 1,953Scope 1 Intensity: 12.80 tCO2e/$MH.B. FullerYear: 2019Scope 1: 77,629 tCO2eRevenue: $M 2,897Scope 1 Intensity: 26.80 tCO2e/$MAvientYear: 2023Scope 1: 33,384 tCO2eRevenue: $M 3,143Scope 1 Intensity: 10.62 tCO2e/$MWestlakeYear: 2022Scope 1: 6,382,917 tCO2eRevenue: $M 15,794Scope 1 Intensity: 404.14 tCO2e/$MBalchemYear: 2023Scope 1: 46,981 tCO2eRevenue: $M 922Scope 1 Intensity: 50.93 tCO2e/$MStepanYear: 2023Scope 1: 184,050 tCO2eRevenue: $M 2,326Scope 1 Intensity: 79.14 tCO2e/$MIFFYear: 2023Scope 1: 694,072 tCO2eRevenue: $M 11,479Scope 1 Intensity: 60.46 tCO2e/$MAshland IncYear: 2021Scope 1: 332,256 tCO2eRevenue: $M 2,111Scope 1 Intensity: 157.39 tCO2e/$MCabotYear: 2023Scope 1: 3,700,000 tCO2eRevenue: $M 3,931Scope 1 Intensity: 941.24 tCO2e/$M

How does Cabot's GHG emissions intensity compare to its peers?

In 2023, Cabot reported a Scope 1 emissions intensity of 941.24 tCO₂e per millions USD. Compared to the peer group median of 61.26 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Cabot rank on GHG emissions intensity within its industry?

In 2023, Cabot ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Cabot among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Cabot's Total Carbon Footprint

In 2023, Cabot reported a total carbon footprint of 9,196,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.13% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Cabot's total carbon footprint was Scope 3 emissions, accounting for 56.61% of the company's total carbon footprint, followed by Scope 1 emissions at 40.23%. a

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