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 | Per formance | Metrics | IndexHOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 40Sustainability Report | 2023 40
https://www.avient.com/company/sustainability/sustainable-solutions-portfolio
https://www.avient.com/company/sustainability/sustainable-solutions-portfolio
https://www.avient.com/company/sustainability/sustainability-report/products/how-our-products-enable-sustainability
Service Innovation
Enables Quality Recycle
Post-Consumer Recycle (PCR) Color Predictive Tool
Innovation Award, Winner:
Plastics Industr y Association
Product Technology Innovation, Winner:
Plastics Recycling Awards Europe 2023
Product
Innovation
Enables PCR Claims + Low CO
2
reSound™ Ultra-Low Carbon Footprint TPE
Innovation Award, Finalist:
Plastics Industr y Association
Rejoin™ 100% PCR Masterbatch
Sustainable Packaging Innovation Finalist:
U.S.
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 41
https://www.avient.com/resource-center/services/avient-color-prediction-service
https://www.avient.com/products/thermoplastic-elastomers/resound-ultra-low-carbon-footprint-tpes
https://www.avient.com/products/polymer-additives/antioxidant-additives/cesa-nox-a4r-additive-enhanced-recycling
https://www.plasticsindustry.org/refocus-sustainability-innovation-awards-program/
https://www.prseventeurope.com/prse2024/en/page/2023-winners
https://www.plasticsindustry.org/refocus-sustainability-innovation-awards-program/
https://usplasticspact.org/
https://www.plasticsindustry.org/refocus-sustainability-innovation-awards-program/
https://www.prseventeurope.com/prse2024/en/page/2023-winners
RENEW
Avient’s portfolio of RENEW solutions are designed to advance the circular economy.
Does not include renewable energ y credits from Vir tual Power Purchase Agreements
(3) Increase due to capture of all relevant Scope 3 data from APM acquisition
(4) Cer tificates can be found at https://www.avient.com/company/policies-and-governance/global-iso-cer tificate-librar y
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 78
https://www.avient.com/company/sustainability/sustainability-report/reporting/cdp-climate-change-report
https://www.avient.com/company/policies-and-governance/global-iso-certificate-library
INDEX
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GRI Standards Content Index
GRI Standard Disclosure Title Avient Disclosures
General Disclosures
Organizational Profile
102–1 Name of the organization About Us—Who We Are
102–2 Activities, brands, products, and ser vices
Avient Technologies—Products
Avient products are not banned in any market
102–3 Location of headquarters Avient 2023 Annual Report—Form 10-K Cover Page
102–4 Location of operations
Where We Are: Global Locations Page 14
Avient 2023 Annual Report—Form 10-K Page 13
102–5 Ownership and legal form Avient 2023 Annual Report—Form 10-K Cover Page
102–6 Markets ser ved
About Us—Avient’s Support for Communities and Customers Page 15
Avient 2023 Annual Report—Form 10-K Page 13
102–7 Scale of the organization Avient 2023 Annual Report—Form 10-K Pages 2–7, 38–39
102–8 Information on employees and other workers
Avient 2023 Annual Report—Form 10-K Page 5
People—Workforce Demographics Page 28
Currently we report on the number of associates.
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
These products are sold to over 6,000 custom injection molders and extruders who, in turn,
convert them into plastic parts that are sold to end-users in a wide range of industries.
General Manager, Custom Profile
Compounds, The Geon Company, April 1998 to August 2000.
These products are sold to over 6,000 custom injection molders and extruders who, in
turn, convert them into plastic parts that are sold to end-users in a wide range of industries.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Morgan%2520Stanley%2520Conference.pdf
V I S I O N
PolyOne Corporation 4
To be the world’s
premier provider of
specialized polymer
materials, services and
solutions
C O R E
V A L U E S
P E R S O N A L
V A L U E S
Honesty IntegrityRespect
Operational
Excellence
Commercial
Excellence
Specialization
Globalization
Collaboration ExcellenceInnovation
To be the world’s
premier provider of
specialized polymer
materials, services
and solutions
S A F E T Y F I R S T
PolyOne Corporation 5
1.3
1.1 1.1
0.85
0.65
0.57
0.54
0.97
0.84
0.74 0.74
0.69
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Injuries per 100 Workers
Spartech
Acquisition
PolyOne Corporation 6
P O L Y O N E
2 0 1 7 R E V E N U E | $ 3 . 2 B I L L I O N
Transportation
18%
Industrial
16%
Consumer
12%
Packaging
11%
Healthcare
11%
Wire & Cable
9%
Appliance
5%
United States
59%
Europe
14%
Asia
10%
Latin
America
9%
Canada
8%
PolyOne
Distribution
34%
Performance Products &
Solutions 21%
Specialty
Engineered
Materials
19%
Color
Additives &
Inks 26%
Segment End Market Geography
Building &
Construction
12%
Electrical &
Electronics
6%
2009 2010 2011 2012 2013 2014 2015 2016* 2017*
P R O O F O F P E R F O R M A N C E
C O N S E C U T I V E
Y E A R S
PolyOne Corporation 7
8
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
$2.21
*Pro Forma for sale of DSS
2006 2017
“Where we were” “Where we are”
ROIC** 5.0% 14.0%
Operating Income
% of Sales
Color, Additives & Inks 1.7% 15.5%
Specialty Engineered
Materials 1.1% 12.1%
Performance Products
& Solutions 4.3% 10.7%
Distribution 2.6% 6.3%
**ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
A D J U S T E D E P S E X P A N S I O N
S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H
PolyOne Corporation 8
P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E
Double digit
annual EPS
growth
Expand specialty portfolio
with strategic acquisitions
Innovate and develop new
technologies and services
Repurchase 600K-1M
shares annually
Increase commercial
resources 6-8% annually
Double acquired
company margins
Enhance efficiencies
through Lean Six Sigma
and commercial excellence
531
680130
153
504
618
2014 Q1 2018
R&D / Technical Marketing Sales
PolyOne Corporation 9
Increased commercial headcount
+ 28%
+ 18%
+ 23%
Generating opportunities
35% more sales calls
25% more marketing campaigns
1,000 new customers, expanding
customer base by 5%
$1.0B increase in new opportunities
Enhancing efficiency
8% reduction of average territory
size, enabling greater
customer focus
20% more prospecting calls
I N V E S T M E N T I N C O M M E R C I A L R E S O U R C E S D R I V I N G G R O W T H
Lead
Specialists
T H E E V O L V I N G C U S T O M E R R E L A T I O N S H I P
PolyOne Corporation 10
Expanded Path
Traditional Path
Strategic Accounts/
Field Sales
Business
Development
Customer
Service
Web and Social
Media
Inside Sales
PolyOne Corporation 11
Investments in digital and dedicated inside sales to
improve customer experience
80% increase in leads (from 6,000 to 11,000) driven
by website, phone, and online chat
E X P A N D E D P A T H
A D D I N G C U S T O M E R T O U C H P O I N T S
4
21
2014 2017
Inside sellers
$11M
$88M
2014 2017
Inside sales/digital revenue
N E W R E S O U R C E S F U E L I N G T H E F U T U R E
PolyOne Corporation 12
P O L Y O N E
S A L E S
F U N N E L
+34%
2014
$3.0 billion
2017
$4.0 billion
A L I G N I N G W I T H T R E N D S F O R G R O W T H
T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R
PolyOne Corporation 13
Facilitate
alternative
energy
solutions
Light-
weighting
Reduce
packaging
materials
Improve
recyclability
Reduce
spread of
infection
I N N O V A T I O N
PolyOne Corporation 14
Customization
55%
M&A
30%
Innovation
Pipeline
15%
Innovation comes from Research & Development Spend
($ millions)
Vitality Index
% of sales from products launched last 5 years
12%
38%
2006 2017
$20
$52
2006 2017
Transformational
Opportunity for Growth
Through M&A
Adjacent
Opportunity for
Growth Through New
Product Pipeline
Core
Customization
3 H O R I Z O N S O F D E V E L O P M E N T
PolyOne Corporation 15
Incremental
development
from existing
base of
technology
New development
adjacent to current
technology
New technology
development
outside of and with
our current base
Service adjacent
markets and
customers
Create new
markets, target
new customer
needs
Service existing
markets and
customers
Market
Technical
I N N O V A T I O N
Non-Halogen Flame
Retardants
Barrier Technologies
Fiber Colorants
Advanced Composites
Thermoplastic Elastomers
Gordon Composites/
Polystrand – Composites
GLS – Thermoplastic Elastomers
ColorMatrix – Liquid
Color & Additives
I N N O V A T I O N P I P E L I N E
PolyOne Corporation 16
PrototypeFrame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
(since 2015)
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
8
5
6
2 1
15 4
10
5
11
4
5
7
Breakthrough
Platform
Derivative
Number of Projects 26 16 20 15 2 79
Total Addressable Market
($ millions)
- - $1,230 $1,170 $440 $2,840
F L A M E
R E T A R D A N T
P O L Y M E R S
A D V A N C E D
C O M P O S I T E S
B A R R I E R
M A T E R I A L S
C O L O R A N T
T E C H N O L O G I E S
T H E R M O P L A S T I C
E L A S T O M E R S
I N N O V A T I O N S P O T L I G H T :
C O M P O S I T E S
PolyOne Corporation 17
C O M P O S I T E S R E F R E S H E R
PolyOne Corporation 18
Fiber
Polymer
Composite
Strength
Design Flexibility
Continuous
Fiber
Thermoset
Composites
Short Glass
Fiber
Thermoplastics
Continuous Fiber
Thermoplastic
Composites
Long Glass Fiber
Thermoplastics
S T R A T E G I C I N V E S T M E N T H I S T O R Y
PolyOne Corporation 19
Acquired
Polystrand
Installed LFT
production
Avon Lake
Long Fiber
Thermoplastic
(LFT)
Technology
Installed
LFT
production
Barbastro,
Spain
Acquired
Glasforms
Acquired
Gordon
Composites
Thermoplastic
Composites
Long Fiber Reinforced Thermoplastics
Continuous Fiber Thermosets
2010 2012 2015 2016 20162009 20122011 2014
C O M P O S I T E S I N T R A N S P O R T A T I O N
PolyOne Corporation 20
W A T E R C R A F TR A I L H E A V Y T R U C K
Bulkheads and Transoms
Ceilings and Hatches
Doors and Cabinetry
Flooring
Door Panels
Side Walls
Flooring & Side Panels
Aerodynamic Fairings
Seat and Bunk
Reinforcements
PolyOne Corporation 21
Safety Technology Geography Service FinancialPeople
Low EH&S
risk profile
New and
complementary
technologies
Leverage our
global footprint
Strong
customer
relationships
Foundational
operating
margins of
8-10% with
ability to double
Motivated team
with a specialty
culture
I N V E S T - T O - G R O W M & A S T R A T E G Y
PolyOne Corporation 22
Capture
sourcing
synergies
Cross-sell
& blend
technology
8-10%
operating
margins
I N V E S T - T O - G R O W M & A P L A Y B O O K
Protect
customers
Retain
employees
Implement LSS to
drive efficiency
improvements
Innovate with
combined
portfolio
Safety
First!
https://www.avient.com/sites/default/files/resources/PolyOne%25202015%2520Annual%2520Report.pdf
These products are sold to over 6,000 custom injection molders and extruders who, in turn,
convert them into plastic parts that are sold to end-users in a wide range of industries.
On January 29, 2016, the Company completed the acquisition of certain technologies and assets from
Kraton Performance Polymers, Inc (Kraton), to expand its global footprint and expertise in the
thermoplastic elastomer (TPE) innovation and design, for $72.0 million in cash.
These products are sold to over 6,000 custom injection molders and extruders who, in turn,
convert them into plastic parts that are sold to end-users in a wide range of industries.
https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/nymax-rec-recycled-nylon-formulations
Recycled content TPEs for enhanced sustainability
https://www.avient.com/investor-center/news/avient-expects-double-digit-sales-growth-5g-applications
Versaflex™ CE for 5G TPEs, providing signal transparency for mobile device accessories
https://www.avient.com/resources/safety-data-sheets?page=5748
MC-87101TPE TPE GRAY 432C
https://www.avient.com/industries/healthcare/drug-delivery-systems/prefilled-syringes
TPEs for long-term sealing performance and a low COF for consistent performance across barrel sizes
https://www.avient.com/industries/healthcare/drug-delivery-systems/inhalation-devices
Customizable thermoplastic elastomers (TPEs) for flexible seals and gaskets, medical-grade tubing components, or overmolded grips and haptics
https://www.avient.com/products/polymer-additives
TPEs that are ideal for healthcare, consumer goods and cutting-edge electronics such as wearables