Economic Value Generated & Distributed
Our investment decisions and growth strategy are guided by an emphasis on sustainable business practices and full compliance with laws, regulations and internal standards.
Strong financial performance is key to the sustainable growth of our business and our future success. Our stakeholders around the world expect us to deliver on our financial commitments by generating and distributing economic value. To that end, we are focused on growing our earnings by 7% to 10% over time while also returning 50% of our discretionary free cash flow to shareholders. We believe this approach in combination with investing for growth in our businesses will allow us to maintain our reputation as a leader in our markets and be well positioned to respond to the evolving needs of our customers.
Through our global operations, we create value for a wide variety of stakeholders, including our local communities, shareholders, investors, suppliers, contractors and employees. Our compensation programs are designed to provide a competitive package that rewards both the individual’s and Cabot’s performance and that reflects job complexity, strategic value of the individual’s position, experience and location. Further, our capital investments of nearly $250 million across our global facilities provide value to local economies through the use of local suppliers and contractors to help execute these projects.
Our 2019 Annual Report