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2030 Sustainability Goals

Last year Avient was proud to announce our 2030 Sustainability Goals and share our commitment to drive sustainability for all of our stakeholders. We assembled internal Sustainability teams to drive initiatives and workstreams in order to meet these targets. We are committed to each of these objectives and will aggressively pursue their attainment through internal rigor, investment and innovation. Learn more about our approaches to accomplishing these commitments throughout this report.

By 2030, Avient will enable 100% of our products manufactured for packaging applications to be recyclable or reusable to advance the circular economy. 

Update:

  • Approximately 90% of Avient’s products met this criteria in 2020.
  • It is estimated that 9% of the world’s plastic is recycled by end users.

By 2030, Avient will deliver cumulative annual revenue growth from our Sustainable Solutions portfolio of 8–12% with 2020 as a baseline.

Update:

  • This is a new goal which aligns with our customers’ sustainability objectives as well as delivers long term growth for all of Avient stakeholders. Since 2016, we have grown 8% organically (excluding acquisitions).

By 2030, Avient will obtain directly or contract for 60% of its electricity demand from renewable sources and achieve 100% renewable energy by 2050.

Update:

  • 31% of Avient’s electricity demand globally was from renewable sources in 2020, up from 0.69% in 2019.
  • We also expanded our goals to achieve 60% renewable energy by 2030, 100% by 2050, and began the process to apply for membership into the RE100 initiative and requirements.

By 2030, Avient will reduce Scope 1 & 2 greenhouse gas (GHG) emissions by 60% with 2019 as a baseline and achieve operational carbon neutrality by 2050.

Update: 

  • We are proud to have reached our original target of 35% in 2020 by reducing our Scope 1 & 2 GHG emissions by 37%. 
  • Our next level commitment for 2030 has been established, whereby we will achieve a reduction of 60% and operational carbon neutrality by 2050.

By 2030, Avient will reduce waste to landfill by 35% from the 2019 baseline.

Update: 

  • In 2020 we reduced our waste to landfill by 17%, reaching half of our 2030 target in our first year. 

By 2030, to ensure alignment with Avient’s expectations on environmental, social and governance requirements, Avient will assess its top suppliers representing 90% of our total raw material costs.

Update:

  • 39% of our top suppliers have been assessed through the end of 2020. 

As a founding member of the Alliance to End Plastic Waste, Avient will collaborate to develop and implement solutions to end plastic waste with approximately 50 members across the value chain. The Alliance will invest $1.5 billion over five years in innovation, infrastructure, education and clean-up. 

Update: 

  • The Alliance to End Plastic Waste is currently executing 27 projects globally that are expected to divert at least 375kt of plastics waste per year.