Cabot Corporation has recently been awarded the EcoVadis Platinum rating once again, marking the fourth consecutive year that the company has received this prestigious honor, signifying another significant achievement in the field of sustainable development. According to a report from Rubber News, this rating further consolidates Cabot's leading position in global sustainable development, placing it among the top 1% of companies worldwide.
In a statement, Sean Keohane, Chief Executive Officer of Cabot Corporation, expressed his appreciation for the hard work of the team and emphasized the company's dedication to sustainable development performance. He said, "We are deeply honored to receive recognition from the EcoVadis rating agency once again, which proves our efforts and achievements in sustainable development. Our team has been actively seeking opportunities and taking actions to continuously improve our sustainable development performance, and this achievement is the best affirmation of our work."
Sean Keohane further pointed out, "At Cabot, we are committed to meeting the needs of stakeholders and customers through innovative solutions. These solutions will drive the implementation of our decarbonization strategy, promote efficient utilization of resources in the value chain, and enhance our position in the circular economy. The EcoVadis rating not only reflects Cabot's leadership in sustainable development, but also demonstrates our dedication to continuous improvement and firm commitment to a more sustainable future."
The Platinum rating is based on an assessment conducted according to international sustainable development standards (including the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000), covering four key areas: environment, labor and human rights, ethics, and sustainable procurement. The rating comprehensively reflects Cabot's excellent performance in sustainable development management systems and commitments.
According to Cabot Corporation, EcoVadis has evaluated the sustainable development performance and management systems of over 130,000 companies across more than 220 industries in over 180 countries. Cabot's ability to achieve the Platinum rating for four consecutive years is undoubtedly the best affirmation of its sustainable development strategy and efforts.