Cabot Corp

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Moderate Cabot Corp provides a moderate level of transparency on its climate-policy lobbying. It explicitly identifies the Ontario Emissions Performance Standard programme and the EU Greenhouse Gas Emissions Trading Directive as policies on which it engages, showing that its climate-related lobbying is focused on concrete regulatory instruments. The company also outlines several routes it uses to influence these measures, describing written submissions to Canada’s Ministry of the Environment, participation in stakeholder webinars, work through trade associations such as the Chemistry Industry Association of Canada and the International Carbon Black Association, and direct meetings with the Ontario Ministry of Economic Development, local provincial parliamentarians and other government leaders; naming both the mechanisms and the targets of its outreach demonstrates a high level of procedural clarity. However, the substantive outcomes it seeks are described only in broad terms, with specific detail limited to its request that natural gas used in production be treated as a fixed-process emission under the Ontario EPS programme. Because the company discloses only one clear desired policy change and offers few measurable objectives for its other engagements, its explanation of lobbying goals remains relatively limited. 2
Lobbying Governance
Overall Assessment Comment Score
Moderate Cabot Corp discloses a defined process to keep its policy engagement consistent with its climate strategy, noting that "direct and indirect activities that influence policy on climate change are overseen by the Chief Sustainability Officer (CSO)/Senior Vice President (SVP) of SH&E, who along with other members of the Management Executive Committee, work to ensure consistency across business divisions and geographies, including ensuring that our external engagement activities are consistent with our climate commitments." Oversight is further supported by a "Director of Sustainability and a Director of Environment responsible for providing technical expertise and advice on regulatory engagement and advocacy strategies as well as monitoring regulatory engagement and advocacy activities regionally and locally to provide feedback to the CSO/SVP of SH&E and the Management Executive Team," indicating an internal mechanism for ongoing monitoring. The company confirms a Paris-aligned intent, stating "Yes" to having a public commitment that engagements will be in line with the goals of the Paris Agreement, and it lists the trade associations through which it lobbies, including the International Carbon Black Association (ICBA), the American Chemistry Council (ACC), the European Chemical Industry Council (CEFIC) and the Association of International Chemical Manufacturers (AICM). It states it is aligned with these trade associations climate lobbying and that it "we did not attempt to influence their position." However, the disclosure stops short of describing any formal review of those associations climate positions, corrective engagement, or withdrawal criteria. There is also "no evidence of a published lobbying-alignment audit or report" that evaluates consistency between Cabots climate goals and its direct or indirect advocacy. This indicates a governance structure with clear internal oversight and monitoring roles, yet lacking publicly documented assessment of trade-association alignment and transparent reporting of outcomes. 2