https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
EBITDA Margins (1) 5.4% 11.5% 16.0% 2006 2018 2023E • Delivered on organic growth combined with transformative and bolt-on acquisitions • Divested commodity businesses tied to more cyclical end markets • Expanded presence in high growth areas of sustainable solutions, composites, healthcare applications and emerging regions LONG-TERM REVENUE GROWTH DRIVERS Avient Corporation 14 Growth Drivers Long-Term Growth Rate Sustainable Solutions 8–12% Composites 8–10% Healthcare 8–10% Asia / LATAM 5% Other (GDP growth) 0–2% Avient 6% 60%+ Key Growth Drivers Sustainable Solutions Composites, Healthcare, Asia / LATAM Overlap Other (GDP Growth) HISTORICAL GROWTH DRIVER PERFORMANCE Avient Corporation 15 Composites $51 $84 $212 $668 2016 2018 2020 2022 Organic CAGR 10% Healthcare $108 $113 $231 $293 2016 2018 2020 2022 Organic CAGR 11% Asia/Emerging Regions $265 $358 $726 $830 2016 2018 2020 2022 Organic CAGR 12% $340 $455 $790 2016 2018 2020 2022 $1,175 Sustainable Solutions Organic CAGR 11% (Sales $ in millions) Avient Corporation 16 $340M $405M $455M $550M $790M $915M 2016 2017 2018 2019 2020 2021 2022 Revenue From Sustainable Solutions 2016-2022 ($ in millions) 11% Organic CAGR $1,175M Lightweighting Eco-Conscious Recycle Solutions VOC Reduction Sustainable Infrastructure Human Health & Safety Reduced Energy Use Bio-polymers Solutions to increase recycled content and minimize plastic waste Solutions to reduce weight and energy consumption Solutions to preserve and protect natural resources & human life SUSTAINABILITY: FOCUS TODAY Sustainability Strategy Walter Ripple Vice President, Sustainability Avient Corporation 17 OUR SUSTAINABILITY COMMITMENT As the world’s premier provider of specialized and sustainable materials, services, and solutions, Avient is committed to meeting the needs of the present without compromising future generations’ ability to meet their needs.
Avient Corporation 19 Sustainability is integral to achieving our vision, mission, and performance that: • creates a safe and accepting environment that empowers associates to perform to their fullest potential • gives back to the communities where we work and live • enables customers to innovate solutions that help make the planet more sustainable • protects the environment by addressing climate change, conserving natural resources and preventing pollution • actively manages risk for investors & yields financial performance Avient Corporation 20 EXTERNAL ALIGNMENT DEEPLY EMBEDDED IN OUR CULTURE Avient Corporation 21 MEGATRENDS OFFER OPPORTUNITIES FOR SUSTAINABLE SOLUTIONS Advancements in Technology Transformation of Municipalities Lifestyle Refresh Rethinking Globalization Evolution of Healthcare Avient Corporation 22 SUSTAINABILITY TRENDS DRIVING AVIENT’S GROWTH Changes in consumer behavior driven by climate change & desire to reduce plastics waste Consumers seeking to buy more sustainable products from more sustainable companies Brand owner and retailer demand to meet sustainability targets & needs Rising emphasis on preserving and protecting natural resources & human life Increased current and pending government legislation and regulations CONSUMERS WANT SUSTAINABLE PRODUCTS Source: Simon Kucher 2022 Avient Corporation 23 85% Consider sustainability when they purchase 60% Rate sustainability as a key criterion in purchasing decisions 34% Are willing to pay more for sustainable products 25% Average premium consumers are willing to pay for sustainable products PURPOSE-DRIVEN CONSUMERS NOW LARGEST SEGMENT Source: IBM / National Retail Federation 2022 Avient Corporation 24 “Purpose-driven consumers seek products and brands that align with their values and provide health and wellness benefits.
https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-aversive-technology
Human Health & Safety
Resources
RESOURCES
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Additional information can be found in our Human Rights Policy.
This greatly helps to protect the environment and save valuable resources.
All reports, received through the Hotline or other sources, are investigated by an independent and objective team which often includes Ethics, Legal and Human Resources.
https://www.avient.com/company/policies-and-governance-0/avients-position-biodiversity
Avient's Human Rights Policy
https://www.avient.com/knowledge-base/article/developing-your-esg-framework?rtype[]=1164
Sustainability commitments are generally not just focused on creating a better planet – they can also involve health & human safety, and human rights.
Supporting employees with basic human rights and avoiding discrimination.
We typically analyze raw material suppliers through EcoVadis – who evaluates an organization based off 21 different sustainability topics that are categorized into environment, labor and human rights, ethics, and sustainable procurement.
https://www.avient.com/knowledge-base/article/color-design
We’ve worked with numerous customers who have grappled with these same questions, applying our dedicated design and color resources together with our materials and formulation expertise, to balance user experience with competitive differentiation and the practical concerns of manufacturing.
By many estimates, our sense of vision represents up to 80% of all human experience today.
https://www.avient.com/sites/default/files/2024-08/Avient 2023 Sustainability Report_6.pdf
Additional information can be found in our Human Rights Policy.
This greatly helps to protect the environment and save valuable resources.
All reports, received through the Hotline or other sources, are investigated by an independent and objective team which often includes Ethics, Legal and Human Resources.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_5.pdf
Additional information can be found in our Human Rights Policy.
This greatly helps to protect the environment and save valuable resources.
All reports, received through the Hotline or other sources, are investigated by an independent and objective team which often includes Ethics, Legal and Human Resources.
https://www.avient.com/knowledge-base/case-study/reduce-carbon-footprint-replacing-traditional-materials?sust[]=1165
Each year humans put more carbon dioxide into the atmosphere than natural processes can remove, amplifying Earth’s natural greenhouse effect.
https://www.avient.com/knowledge-base/case-study/reduce-carbon-footprint-replacing-traditional-materials?sust[]=1136
Each year humans put more carbon dioxide into the atmosphere than natural processes can remove, amplifying Earth’s natural greenhouse effect.