Cabot

Cabot, a US-based chemicals manufacturer, reported its Scope 1, 2, and 3 greenhouse gas emissions. In 2024, the company's total reported emissions were approximately 5,760,090,000,000 kg CO2e. This included Scope 1 emissions of approximately 3,820,000,000 kg CO2e and market-based Scope 2 emissions of approximately 270,000,000 kg CO2e. Scope 3 emissions were approximately 5,756,000,000,000 kg CO2e, with significant contributions from purchased goods and services (approximately 4,367,000,000,000 kg CO2e) and processing of sold products (approximately 755,000,000,000 kg CO2e).

Looking ahead to 2025, Cabot projects a reduction in emissions, with anticipated total emissions of approximately 5,337,900,000,000 kg CO2e. This projection includes Scope 1 emissions of approximately 3,600,000,000 kg CO2e and market-based Scope 2 emissions of approximately 190,000,000 kg CO2e. Projected Scope 3 emissions for 2025 are approximately 5,334,000,000,000 kg CO2e.

Cabot has set ambitious reduction targets, aiming to reduce both Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company is committed to a 30% absolute reduction in Scope 1 emissions from a 2020 baseline by 2030, and a 30% absolute reduction in Scope 2 emissions from a 2020 baseline by 2030. Historically, Cabot also aimed to reduce its overall GHG emissions by 30% from 2015 levels by 2025. The company is also working towards reducing NOX emissions intensity by 20% by 2025 from a 2012 baseline and SO2 emissions intensity by 40% by 2025 from a 2012 baseline.