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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Cabot's Scope 2 emissions?

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

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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:

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

Cabot's Scope 3 Emissions by Categories

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

Insights into Cabot's Total Carbon Footprint

In 2023, Cabot reported a total carbon footprint of 9,196,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.