The CEO also approved the setting of Avient’s 2030 Sustainability Goals and in 2021 approved the execution of the climate change scenario analysis currently underway. C3.2 (C3.2) Does your organization use climate-related scenario analysis to inform its strategy? For this reason, Avient is committed to improve climate-related issues management at a corporate level and reducing emissions beyond business-as-usual scenario.

In the circular scenario, which repeats again and again, resources are used to create products, those products are reclaimed and/or recycled via collection infrastructures, and the resulting recyclate is then formed into more products. Climate Change As more scientific reports continue to warn of the urgent and impending effects of climate change, implementation of circular economics can be a powerful step towards helping to solve the world’s climate crisis. To start, nations must work toward updating their climate and international trade policies to include plans for post-use materials.

Avient is fully committed to protecting the environment by addressing climate change, conserving natural resources and preventing pollution. We continuously strive for energy efficiency and global climate protection. Avient continuously strives for energy efficiency and global climate protection.

Task Force on Climate-related Financial Disclosures (TCFD) Index CDP Climate Change Report

In the circular scenario, which repeats again and again, resources are used to create products, those products are reclaimed and/or recycled via collection infrastructures, and the resulting recyclate is then formed into more products. Climate Change As more scientific reports continue to warn of the urgent and impending effects of climate change, implementation of circular economics can be a powerful step towards helping to solve the world’s climate crisis. To start, nations must work toward updating their climate and international trade policies to include plans for post-use materials.

13: Take urgent action to combat climate change and its impacts At Avient, we recognize the negative impacts of climate change, and we are working to reduce our company footprint. While we remain focused on achieving our 2030 GHG and energy goals, we believe further actions and strong leadership are critical to addressing climate change and ensuring a stable and sustainable planet. We have been working with internal and external stakeholders to understand how we can achieve our goal to become carbon neutral in line with climate science. 

In 2022, we established the cost of carbon to better reflect the updated insights into the actual price of CO2 to society, and is within the ranges of the scenarios we use for assessing climate transition risks. By aligning with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, in 2022 we expanded our existing risk management practices to incorporate the analysis of short to long-term climate-related risks and opportunities under various climate scenarios. The following summarizes Avient’s TCFD climate-related risks and opportunities, analyzed across multiple International Energy Agency (IEA) scenarios.

To better reflect the actual price of CO2 to society, and ensure costs are within the ranges of the scenarios we use for assessing climate transition risks, Avient has instituted an internal cost of carbon. We additionally expanded our existing risk management practices to incorporate the analysis of short to long-term climate-related risks and opportunities under various climate scenarios. HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 91 Task Force on Climate-related Financial Disclosures (TCFD) Index Recommended Disclosure Avient Disclosures Describe the board’s oversight of climate-related risks and opportunities Message from the Governance and Corporate Responsibility Committee Page 4 Planet—Climate Change Page 53 Avient 2023 Proxy Statement Pages 30–31, 34 CDP Climate Change Response—C1.1b Describe management’s role in assessing and managing climate-related risks and opportunities Message from Avient's VP of Sustainability Page 16 People—Environmental, Health & Safety Page 18 Planet—Climate Change Page 53 CDP Climate Change Response—C1.2, C1.2a Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term CDP Climate Change Response—C2.1, C2.2C, C2.3a, C2.4a Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning CDP Climate Change Response—C2.5, C2.6 Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario CDP Climate Change Response—C3.1a, C3.1g Risk Management Describe the organization’s processes for identifying and assessing climate-related risks Planet—Climate Change Page 53 CDP Climate Change Response—C2.2, C2.2a, C2.2b Describe the organization’s processes for managing climate-related risks Planet—Climate Change Page 53 CDP Climate Change Response—C2.2, C2.2d Describe how processes for identifying, assessing and managing climate-related risks are integrated into the organization’s overall risk management CDP Climate Change Response—C2.2, C3.1c Metrics & Targets Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process CDP Climate Change Response—C6.1, C6.2, C6.3, C6.5 Disclose Scope 1, Scope 2 and, if appropriate, Scope 3 greenhouse gas emissions and the related risks Metrics—Planet Data and Metrics Page 77 CDP Climate Change Response—C6.1, C6.2, C6.3, C6.5 Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets 2030 Sustainability Goals Page 7 CDP Climate Change Response—C4 HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 92 TCFD Climate Scenario Risks & Opportunities Matrix *For full disclosure of the results as aligned with TCFD guidance, refer to CDP Climate Change Report.

To better reflect the actual price of CO2 to society, and ensure costs are within the ranges of the scenarios we use for assessing climate transition risks, Avient has instituted an internal cost of carbon. We additionally expanded our existing risk management practices to incorporate the analysis of short to long-term climate-related risks and opportunities under various climate scenarios. HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 91 Task Force on Climate-related Financial Disclosures (TCFD) Index Recommended Disclosure Avient Disclosures Describe the board’s oversight of climate-related risks and opportunities Message from the Governance and Corporate Responsibility Committee Page 4 Planet—Climate Change Page 53 Avient 2023 Proxy Statement Pages 30–31, 34 CDP Climate Change Response—C1.1b Describe management’s role in assessing and managing climate-related risks and opportunities Message from Avient's VP of Sustainability Page 16 People—Environmental, Health & Safety Page 18 Planet—Climate Change Page 53 CDP Climate Change Response—C1.2, C1.2a Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term CDP Climate Change Response—C2.1, C2.2C, C2.3a, C2.4a Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning CDP Climate Change Response—C2.5, C2.6 Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario CDP Climate Change Response—C3.1a, C3.1g Risk Management Describe the organization’s processes for identifying and assessing climate-related risks Planet—Climate Change Page 53 CDP Climate Change Response—C2.2, C2.2a, C2.2b Describe the organization’s processes for managing climate-related risks Planet—Climate Change Page 53 CDP Climate Change Response—C2.2, C2.2d Describe how processes for identifying, assessing and managing climate-related risks are integrated into the organization’s overall risk management CDP Climate Change Response—C2.2, C3.1c Metrics & Targets Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process CDP Climate Change Response—C6.1, C6.2, C6.3, C6.5 Disclose Scope 1, Scope 2 and, if appropriate, Scope 3 greenhouse gas emissions and the related risks Metrics—Planet Data and Metrics Page 77 CDP Climate Change Response—C6.1, C6.2, C6.3, C6.5 Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets 2030 Sustainability Goals Page 7 CDP Climate Change Response—C4 HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 92 TCFD Climate Scenario Risks & Opportunities Matrix *For full disclosure of the results as aligned with TCFD guidance, refer to CDP Climate Change Report.

Several years ago we set ambitious 2030 sustainability targets that outline our commitments related to climate change, waste, product innovation, and supplier engagement, as well as a goal to reach carbon neutrality by 2050. Sustainability performance recognized with a Gold Medal for EcoVadis, and with an ARanking for CDP Climate Change Ranked as one of America’s Most Responsible Companies by Newsweek, 100 Most Sustainable Companies by Barron’s, and recognized on the USA Today’s America’s Climate Leaders List