A method of servicing a wellbore comprising placing a composition comprising cement, water, and a heat sink material into a wellbore, and allowing the composition to set, wherein at least a portion of the heat sink material undergoes a phase transition by absorbing at least a portion of the heat released upon hydration of the cement. A method of completing a wellbore, comprising forming a wellbore in a subterranean formation comprising permafrost, gas hydrates, or both, preparing a cement composition comprising cement, water, and a heat sink material, placing the cement composition into an annulus formed between a casing and the wellbore, and allowing the composition to set, wherein at least a portion of the heat sink material undergoes a phase transition by absorbing at least a portion of the heat released upon hydration of the cement, thereby reducing an amount of heat transferred from the annular cement to the surrounding permafrost and/or gas hydrates.