https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
RISK
PERCEPTION
RISK
TOLERANCE
DECISION
OR
ACTION
.56 Injury Rate
65% of sites worked
injury-free
110% increase in consecutive days
injury free in the last two years
SAFETY
FIRST
50%
0
70%20
43%
Average number of
risk assessments
completed every day
Reduction in
lacerations since
2017
Reduction in
ergonomic related
injuries
Automobile
related
injuries
Reduction in
acquisition
injury rate
74424.indd main_3 3/16/20 12:25 PM
Annual Report | 2019 4
With our focus on People, it has led to the creation and expansion of
Employee Resource Groups (ERGs) at PolyOne to advance diversity
and inclusion.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
Prefer to buy
sustainable products
44%
Of consumers are
purpose-driven,
an all-time high
Product-Driven 4%
Brand-Driven 15%
Value-Driven 37%
Purpose-Driven 44%
Drivers of Purchasing Decisions
Avient Corporation 25
SUSTAINABLY-MARKETED PRODUCTS GROW 2X FASTER
110
120
130
140
150
160
2017 2018 2019 2020 2021 2022
Sustainably-Marketed Products vs.
https://www.avient.com/investor-center/news/avient-announces-fourth-quarter-and-full-year-2024-results
We grew organic sales in each of the regions with both our Color, Additives and Inks and Specialty Engineered Materials segments growing at 3% and 6%, respectively, while expanding adjusted EBITDA margins 90 and 110 basis points, respectively, over 2023."
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
In the last two years, we achieved a 110% increase in
consecutive injury free days, and reported an injury rate of 0.56 for 2019, far better
than the industry average.
Challenge Accepted.
2019 Sustainability Report
Table of Contents
Message from the CEO
Message from the Governance and Corporate Responsibility Committee
Sustainability Goals
About Avient
Historic Transformation
Inspired Future
Better Together: PolyOne and Clariant Masterbatch
Who We Are
What We Do: Material Science
Revenue by Geography and End Market
Where We Are: Global Locations
Communities Counting on Avient
Message from Avient’s VP of Sustainability
Avient’s 4 Ps of Sustainability
People
Management Approach: EH&S
Safety First
Continuous Improvement
Occupational Safety & Health
Performance: Metrics and Monitoring
Security
Management Approach:
Training and Development
Career Training and Performance Feedback
Operational and Commercial
Excellence Training
Leadership Development Programs
Manager Training and
Front-Line Engagement
Talent Acquisition and Campus Recruiting
Management Approach:
Diversity & Inclusion
Leading Change from the Top
Workforce Demographics
Associate Benefits
Awards & Recognition Programs
Health and Wellness
A Great Place to Work
Products
Innovation: The Lifeblood of a Specialty Organization
No Surprises PledgeSM
How Our Products Enable Sustainability
Our Solutions…In Action
Management Approach: Product Stewardship
Global Chemical Management
Product Excellence
Management Approach:
Supplier Evaluation
Strategic Partnerships and Alliances
Planet
Protecting Our Planet
Energy, Greenhouse Gas (GHG) Emissions and Climate Change
Eliminating Plastic Waste
Earth Day Photo Contest
Community Service
Community Engagement
Performance
Performance Overview
Sustainable Products Performance
The Highest Ethical Standards
Ethics Hotline and Reporting
Enterprise Risk Management (ERM)
Board of Directors Governance
Policies & Guidelines
Goals
Sustainability Goals
People and Planet Data and Metrics
Indices
GRI/SASB/TCFD Content Index
Reconciliation of Non-GAAP Financial Measures
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https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
In the last two years, we achieved a 110% increase in
consecutive injury free days, and reported an injury rate of 0.56 for 2019, far better
than the industry average.
Challenge Accepted.
2019 Sustainability Report
Table of Contents
Message from the CEO
Message from the Governance and Corporate Responsibility Committee
Sustainability Goals
About Avient
Historic Transformation
Inspired Future
Better Together: PolyOne and Clariant Masterbatch
Who We Are
What We Do: Material Science
Revenue by Geography and End Market
Where We Are: Global Locations
Communities Counting on Avient
Message from Avient’s VP of Sustainability
Avient’s 4 Ps of Sustainability
People
Management Approach: EH&S
Safety First
Continuous Improvement
Occupational Safety & Health
Performance: Metrics and Monitoring
Security
Management Approach:
Training and Development
Career Training and Performance Feedback
Operational and Commercial
Excellence Training
Leadership Development Programs
Manager Training and
Front-Line Engagement
Talent Acquisition and Campus Recruiting
Management Approach:
Diversity & Inclusion
Leading Change from the Top
Workforce Demographics
Associate Benefits
Awards & Recognition Programs
Health and Wellness
A Great Place to Work
Products
Innovation: The Lifeblood of a Specialty Organization
No Surprises PledgeSM
How Our Products Enable Sustainability
Our Solutions…In Action
Management Approach: Product Stewardship
Global Chemical Management
Product Excellence
Management Approach:
Supplier Evaluation
Strategic Partnerships and Alliances
Planet
Protecting Our Planet
Energy, Greenhouse Gas (GHG) Emissions and Climate Change
Eliminating Plastic Waste
Earth Day Photo Contest
Community Service
Community Engagement
Performance
Performance Overview
Sustainable Products Performance
The Highest Ethical Standards
Ethics Hotline and Reporting
Enterprise Risk Management (ERM)
Board of Directors Governance
Policies & Guidelines
Goals
Sustainability Goals
People and Planet Data and Metrics
Indices
GRI/SASB/TCFD Content Index
Reconciliation of Non-GAAP Financial Measures
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https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
Fiber Technology
Avient Corporation 107
We are breaking ground on a new innovation center adjacent to our manufacturing facility in Pune
• Focused on investments in both R&D resource
additions and capital investments
• Platform development in new disruptive
markets to support core business and strategy
ISHA
Avient Manufacturing
Site, Pune, India
India Innovation Center
Innovative Sustainable Holistic Accelerator (ISHA)
Avient Corporation 108
2021E 2022E 2023E 2024E 2025E
$1.1B
$1.6B
Growth Through Innovation
Avient Corporation 109
Total CAI and SEMWorld-Class Vitality Index
% of revenue from products launched last five years
35%
Revenue from new products
Summary
Jamie Beggs
Avient Corporation 110
$442
$457
$580
$1.74
$1.93
$3.00
Full Year 2019 – 2021 Organic Growth
(TOTAL COMPANY)
Sales Adjusted EBITDA
$3,981
$3,783
$4,750
+ 19%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(in millions) (in millions)
(1)(1)
+ 31% + 72%
Avient Corporation 111
2021 Sales Growth Summary
Key Growth Drivers Segments
(1) Financial information is pro forma to include a full year of Clariant Color business acquisition
Sales
Growth
2020 Proforma 3,783$
Sustainable Solutions 140 18%
Healthcare 150 31%
Composites 44 33%
Growth in Asia / LATAM 103 21%
Other 530 28%
2021 Estimated 4,750$ 26%
Sales
Growth
2020 Proforma 3,783$
Color, Additives & Inks 330 16%
Specialty Engineered Materials 195 28%
Distribution 495 45%
Corporate & Eliminations (53)
2021 Estimated 4,750$ 26%
Avient Corporation 112
Year–to–date EBITDA Bridge
2020 September YTD $ 339
Demand 132
EBITDA($ millions)
(1) Financial information is pro forma to include a full year of Clariant Color business acquisition
CAI:
Price / Mix 96
Inflation (74)
SEM:
Price / Mix 61
Inflation (45)
Distribution:
Price / Mix 204
Inflation (195)
Net Price Benefit 47
Supply Chain Disruptions (38)
COVID Response Applications (11)
Synergies 34
Incentives, Travel, FX, Other (48)
2021 September YTD $ 455
• Demand driven by growth in
sustainable solutions, healthcare
and consumer applications
• Price increases have more than
covered raw material and freight
inflation impacts of $300M year-
to-date compared to 2020
• Synergy capture on pace to
achieve $52M in annual savings
in 2021
Avient Corporation 113
$1,110
$3,000
Return on Invested Capital
Avient Corporation 114
Invested Capital
2006 Current
11%
Cost of Capital
ROIC (after-tax)
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
11 12 13 14 15 16 17 18 19 20 21
44%
98%
YTD 5 - YR 10 - YR
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
11 12 13 14 15 16 17 18 19 20 21 22
2.1x
Q4 NET LEVERAGE
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$450MM
PAID OVER LAST 11 YEARS
Creating Value for Shareholders
Avient Corporation 115
Share Performance Dividends Share Repurchases Deleveraging
3.5x
2.1x
Growing Dividend Cumulative Buybacks Net Leverage
$B
$
p
r
sh
ar
Total Shareholder Return
~$4.3Bn
MARKET CAP INCREASE
OVER LAST 10 YEARS
(1) Share performance includes reinvested dividends and is as of December 2, 2021
(2) Financial information is pro forma to include a full year of Clariant Color acquisition
(2)
528%
Shaping a Sustainable Future…
Avient Corporation 116
SUSTAINABLE SOLUTIONS
$340
$930
2016 2021E
Brand Owner Commitment
10 – 50
Percent of recycled
plastic used
13% organic CAGR
Avient Corporation 117
8-12%
HEALTHCARE
$225
$685
17,645
29,445
9% organic CAGR
Source: BCC Research, Nov. 2020
11% CAGR
Market for Medical Plastics
(millions of LBs)
Figures above include relevant Sustainable Solutions sales
Avient Corporation 118
8-10%
COMPOSITES
$74
$260
2017 2021E
11% organic CAGR
Figures above include relevant Sustainable Solutions sales
Avient Corporation 119
5G Capacity and Demand
Source: Mobile Experts: 5G Millimeter Wave 2019:
ns
e
an
C
ap
ac
ity
(
o.
10% CAGR
ASIA AND LATIN AMERICA
$210
$1,150
Weighted Avg.
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-design-guide-.pdf
FIGURE 32 - Bubbler (left) & Ba�e (Right)
FIGURE 34 - Bubbler (left) & Baffle (right)
FIGURE 35 - Series cooling line layout
25% - 75% Wall Thickness
10˚(soft materials) - 30˚(brittle materials)
110˚(brittle materials)-
140˚(soft materials)
FIGURE 33 - Tunnel gate
18 Gravi-Tech
Cooling Line Guidelines
The rules for cooling line layouts are to keep
the depth and pitch ratios constant throughout.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_5.pdf
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 61
Supporting Local Needs
Worldwide in 2023:
110+ Communities
served worldwide
3,000+ Associates
engaged
60 NGOs and charity
organizations supported
$1.5M Donated
7,000+ Hours
volunteered
Sustainable Practices
for a Better Future
In 2023, Avient held the inaugural Sustainability
Practices for a Better Future contest.
Over 3,000 Avient associates
participated, serving more than 110 communities and benefitting 60 non-profit and charity
organizations around the world.
https://www.avient.com/sites/default/files/2024-08/Avient 2023 Sustainability Report_6.pdf
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 61
Supporting Local Needs
Worldwide in 2023:
110+ Communities
served worldwide
3,000+ Associates
engaged
60 NGOs and charity
organizations supported
$1.5M Donated
7,000+ Hours
volunteered
Sustainable Practices
for a Better Future
In 2023, Avient held the inaugural Sustainability
Practices for a Better Future contest.
Over 3,000 Avient associates
participated, serving more than 110 communities and benefitting 60 non-profit and charity
organizations around the world.
https://www.avient.com/sites/default/files/2020-10/luxury-closures-gravi-tech-design-guide-2.0-application-specific.pdf
FIGURE 32 - Bubbler (left) & Ba�e (Right)
FIGURE 34 - Bubbler (left) & Baffle (right)
FIGURE 35 - Series cooling line layout
25% - 75% Wall Thickness
10˚(soft materials) - 30˚(brittle materials)
110˚(brittle materials)-
140˚(soft materials)
FIGURE 33 - Tunnel gate
18 Gravi-Tech
Cooling Line Guidelines
The rules for cooling line layouts are to keep
the depth and pitch ratios constant throughout.