https://www.avient.com/sites/default/files/2024-01/Global Standard Response_Dec 2023.pdf
Therefore, we prepared this summary, highlighting major initiatives and linking you to more detailed resources to help provide information that is frequently requested from our customers.
Modern Slavery Statement For our Policy on Modern Slavery and Human Rights click here.
Traceability Our Enterprise Resource Planning (ERP) system allows us to have full traceability from raw material to finished goods linked to production conditions and test results.
https://www.avient.com/sites/default/files/2024-03/QF-02 QMS Global Standard Response.PDF
Therefore, we prepared this summary, highlighting major initiatives and linking you to more detailed resources to help provide information that is frequently requested from our customers.
Modern Slavery Statement For our Policy on Modern Slavery and Human Rights click here.
Traceability Our Enterprise Resource Planning (ERP) system allows us to have full traceability from raw material to finished goods linked to production conditions and test results.
https://www.avient.com/sites/default/files/Avient Climate Change Scenario Analysis Summary 2022.pdf
plastics) stigmatized Rising expectations for rapid innovation and displacement of older, heavily carbon- intensive designs and manufacturing processes NDC countries expected to innovate and seek rapid minimization of customers' scope 3 emissions Increased concern from stakeholders for not addressing climate change globally or for the chemicals sector Acute & Chronic Risk L Possible direct damage to fixed assets and logistics disruptions in both our value chain and operations More frequent and intense weather events and changing preciptation patterns are likely to damage manufaturing faciliites, disrupt logistics and sourcing activities, and negatively affect employee health and communities where we operate More frequent and intense weather events and changing preciptation patterns are likely to affect the performance of grids and thermal plants while pushing up demand for cooling, damage fixed assets, disrupt logistics and sourcing activities, and negatively affect employee health and communities where we operate IMPACT DRIVER & TIME HORIZON NET ZERO FUTURE PLEDGING PROGRESS STEADFAST POLICY Resource Efficiency Opportunity S M L More efficient production and distribution processes, reduced natural resource usage, continued use of recycling, and inclusion of recycled materials in our products such as reSoundTM R, ColorMatrix™ Capture™ Oxygen Scavenger, among others will contribute to increasing product revenues and reduced operating costs Resource efficiency efforts supported by capital allocation in NDC countries is more likely and may accelerate a path toward maximizing ROI and reducing operating costs Less regulatory and pressure to incentivize may cause gains from efforts to lag Energy Source Opportunity M L Use of greater external financing options, such as operating lease arrangements or energy performance shared savings contracts, to source lower emission-energy and new technologies, such as carbon capture, utilization & storage (CCUS), in our operations may reduce operating costs and maximize returns on investment Use of lower emission-sources of energy in operations will lower operating costs and contribute toward reductions of our scope 1 and 2 emissions and product carbon intensities Use of renewable energy, increased efficiency, and electrification initiatives will lower operating costs and contribute toward reductions of our scope 1 and 2 emissions and product carbon intensities.
While we have a very small footprint in other rest of world countries, such as Singapore, Thailand, Vientam, Malaysia, it is difficult to receive the resources needed to make substantial decarbonization action in these countries. · Well-documented and integration of oversight of the development and performance of climate-related solutions will help to ensure product-level carbon intensity reductions.
Our investments are focusing on infrastructure, innovation, education and clean-up initiatives. · We have organized our portfolio to enable our customers to solve complex sustainability changes, from enabling the use of more recycled content, formulating with bio- polymers, sustainable infrastructure, human health & safety, lightweighting, reducing volatile organic compounds, reducing energy usage and offering eco-conscious solutions. · Physical climate-related risk assessments over our critical manufacturing sites, suppliers, and logistics route will be helpful in making corporate real estate and procurement choices.