Cabot Corporation Shares Sustainability Progress with Release of 2016 Sustainability Report

BOSTON–(BUSINESS WIRE)–Cabot
Corporation (NYSE: CBT) announced today the publication of its 2016
Sustainability Report. The report, titled “Making a Difference,”
focuses on the company’s sustainability progress throughout calendar
year 2016, and highlights its plans to address topics identified through
a comprehensive materiality
assessment.

“Our sustainability program addresses our environmental, social and
economic performance and it underpins what is most important to us here
at Cabot. Over the years, we have been guided by our values of respect,
responsibility, excellence and integrity. I see sustainability as a
natural extension of our values and fitting squarely within our new
corporate strategy and vision,” said Cabot President and Chief Executive
Officer Sean Keohane. “We are making clear progress against our long
term goals and remain committed to our overall sustainability efforts.”

The 2016 Sustainability Report demonstrates Cabot’s commitment to
continuous improvement, increased disclosure and expanded stakeholder
engagement. This latest sustainability report was developed in
accordance with the new Global Reporting Initiative (GRI) Reporting
Standards: Core Option. Additionally, as a signatory of the United
Nations Global Compact (UNGC), this report serves as Cabot’s annual
Communication on Progress in support of its commitment to the UNGC’s Ten
Principles.

Accomplishments highlighted in the 2016 report include:

• Innovation collaboration with customers in a broad range of
  sustainability driven end-markets.
• Reduction of the number of environmental non-conformances by 26%.
• Decrease in the number of process safety events by 50% from 2015,
  eliminating Tier 1 process safety events.
• Realization of an approximate 18% reduction in the number of total
  recordable incidents and a 10% reduction in total recordable injury
  rate over 2015.
• Contribution of over $1.6 million in charitable donations from the Cabot
  Corporation Foundation and Cabot’s global
  locations to support the communities in which it operates.

“We remain committed to sustainability at Cabot and we know there is
always more work to be done and more progress to be made,” said Martin
O’Neill, senior vice president, Safety, Health and Environment. “Making
improvements for a better, more sustainable company and future is a
never-ending job. We are committed to working together with our various
stakeholders to further our efforts and make meaningful progress on our
sustainability journey. I’m thrilled to share our latest report on this
progress.”

For more information about sustainability at Cabot, view the full 2016
Sustainability Report at cabotcorp.com/sustainability.

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 rubber
and specialty
carbons, activated
carbon, inkjet
colorants, cesium
formate drilling fluids, fumed
silica and aerogel.
For more information on Cabot, please visit the company’s website at: http://www.cabotcorp.com.

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.

Contacts

Cabot Corporation
Vanessa Craigie, 617-342-6015
Corporate
Communications