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 | Per formance | Metrics | Index Sustainability Report | 2023 82
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
GRI Standard Disclosure Title Avient Disclosures
General Disclosures
Reporting Practice
102–52 Reporting cycle At minimum, biennial
102–53 Contact point for questions regarding the report https://www.avient.com/contact-us-now
102–54 Claims of reporting in accordance with the GRI standards This report has been prepared in accordance with the GRI Standards: Core Option
Economic Topic Disclosures
GRI 201: Economic
103-1, 2 and 3 Management approach—GRI 103 Performance—Performance Overview Page 66
201–1 Direct economic value generated and distributed Avient 2023 Annual Report—Form 10-K Pages 19–20
201–2
Financial implications and other risks and opportunities due to climate
change
Avient 2023 Annual Report—Form 10-K Page 9–10
Performance—Enterprise Risk Management Page 70
Planet—Climate Change, Energy and Greenhouse Gas (GHG) Emissions Page 53
201-3 Defined benefit plan obligations and other retirement plans Avient 2023 Annual Report—Form 10-K Pages 25 & 42
GRI 205: Anti-Corruption
103-1, 2 and 3 Management approach—GRI 103
Performance—The Highest Ethical Standards Page 68
Avient Code of Conduct
205–1 Operations assessed for risks related to corruption
Products—Supplier Collaboration Page 48
Performance—The Highest Ethical Standards; Enterprise Risk Management Pages 68, 70
Avient Code of Conduct
https://www.avient.com/investors/governance
205–2
Communication and training about anti-corruption policies and
procedures
Performance—The Highest Ethical Standards Page 68
Avient Code of Conduct
https://www.avient.com/investors/governance
205–3 Confirmed incidents of corruption and actions taken
There were no incidents of corruption in 2023.
Environmental Topic Disclosures
GRI 301: Materials
301–1 Materials used by weight or volume
About Avient—What We Do: Materials Science Page 12
Avient 2023 Annual Report—Form 10-K Page 3
301–2 Recycled input materials used Products—How Our Products Enable Sustainability Page 40
301–3 Reclaimed products and their packaging materials Products—How Our Products Enable Sustainability Page 40
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 83
https://www.avient.com/contact-us-now
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
GRI Standard Disclosure Title Avient Disclosures
Environmental Topic Disclosures
GRI 302: Energy
103–1, 2 and 3 Management approach—GRI 103
Planet—Protecting Our Planet; Climate Change Pages 52–53
https://www.avient.com/company/sustainability/planet/environmental-stewardship
302–1 Energy consumption within the organization
Planet—Protecting Our Planet; Climate Change Pages 52–53
Metrics—Planet Data and Metrics Page 76
302–2 Energy consumption outside of the organization
Planet—Protecting Our Planet; Climate Change Pages 52–53
Metrics—Planet Data and Metrics Page 76
302–3 Energy intensity
Metrics—Planet Data and Metrics Page 76
Our energy intensity evaluates all energy usage within the organization.
302–4 Reduction of energy consumption
Planet—Protecting Our Planet; Climate Change Pages 52–53
Metrics—Planet Data and Metrics Page 76
302–5 Reductions in energy requirements of products and ser vices
Products—How Our Products Enable Sustainability Page 40
Metrics—Planet Data and Metrics Page 76
GRI 303: Water and Effluents
303–1 Interactions with water as a shared resource
Planet—Water Stewardship Pages 60
https://www.avient.com/company/sustainability/planet/environmental-stewardship
303–3 Water withdrawal
Planet—Water Stewardship Pages 60
Metrics—Planet Data and Metrics Page 78
GRI 305: Emissions
103–1, 2 and 3 Management approach—GRI 103
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–1 Direct (Scope 1) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–2 Energy indirect (Scope 2) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–3 Other indirect (Scope 3) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–4 GHG emissions intensity
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–5 Reduction of GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–7
Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant
air emissions
Planet—Conventional Air Emissions Page 61
Metrics—Planet Data and Metrics Page 77
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 84
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/company/sustainability/planet/environmental-stewardship
GRI Standard Disclosure Title Avient Disclosures
Environmental Topic Disclosures
GRI 306: Waste
103–1, 2 and 3 Management approach—GRI 103
Planet—Waste: All Sections Pages 57-58
https://www.avient.com/company/sustainability/planet/environmental-stewardship
306–1 Waste generation and significant waste-related impacts Planet—Waste: All Sections Pages 57-58
306–2 Management of significant waste-related impacts Planet—Waste: All Sections Pages 57-58
306–3 Waste generated
Planet—Waste: All Sections Pages 57-58
Metrics—Planet Data and Metrics Page 77
306–4 Waste diverted from disposal
Planet—Waste: All Sections Pages 57-58
Metrics—Planet Data and Metrics Page 77
306–5 Waste directed to disposal
Planet—Waste: All Sections Pages 57-58
Metrics—Planet Data and Metrics Page 77
GRI 307: Environmental Compliance
103–1, 2 and 3 Management approach—GRI 103
People—Environmental, Health & Safety Page 18
Products—Product Stewardship Page 45
Planet—Protecting Our Planet Page 52
Avient 2023 Annual Report—Form 10-K Pages 6–7
https://www.avient.com/company/sustainability/planet/environmental-stewardship
307–1 Non-compliance with environmental laws and regulations
Products—Product Stewardship Page 45
Avient 2023 Annual Report—Form 10-K Pages 6–7
GRI 308: Supplier Environmental Assessment
103–1, 2 and 3 Management approach—GRI 103
Products—Product Stewardship Page 45
Avient Supplier Code of Conduct
308–1 New suppliers that were screened using environmental criteria Products—Product Stewardship Page 45
308–2 Negative environmental impacts in the supply chain and actions taken Products—Product Stewardship Page 45
Social Topic Disclosures
GRI 401: Employment
103–1, 2 and 3 Management approach—GRI 103 People—Training and Development; Diversity & Inclusion Pages 23, 24
401–1 New employee hires and employee turnover
People—Workforce Demographics Page 28
We hired 988 new associates in 2023
401–2
Benefits provided to full-time employees that are not provided to
temporar y or part-time employees
People—Associate Benefits / Awards and Recognition Program; Health and Wellness Pages 27, 30
401–3 Parental leave People—Health and Wellness Page 30
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 85
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/company/policies-and-governance-0/supplier-code-conduct
GRI Standard Disclosure Title Avient Disclosures
Social Topic Disclosures
GRI 403: Occupational Health & Safety
103–1, 2 and 3 Management approach—GRI 103
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
Avient’s Human Rights Policy
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–1 Occupational health and safety management system
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
People—Occupational Safety & Health Page 20
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–2 Hazard identification, risk assessment, and incident investigation
People—Environmental, Health & Safety Page 18
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–3 Occupational health ser vices People—Occupational Safety & Health Page 20
403–4
Worker participation, consultation, and communication on
occupational health and safety
People—Environmental, Health & Safety Page 18
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–5 Worker training on occupational health and safety People—Environmental, Health & Safety; People—Training and Development Pages 18, 23
403–6 Promotion of worker health People—Occupational Safety & Health; Health and Wellness Pages 20, 30
403–7
Prevention and mitigation of occupational health and safety impacts
directly linked by business relationships
People—Environmental, Health & Safety Page 18
Products—Product Stewardship; Products—Supplier Collaboration Pages 45, 48
Avient 2023 Annual Report—Form 10-K Pages 5–7
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–8
Workers covered by an occupational health and safety management
system
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
403–9 Work-related injuries
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
Metrics—Planet Data and Metrics Page 76
403–10 Work-related ill health
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
Metrics—Planet Data and Metrics Page 76
GRI 404: Training & Education
10–1, 2 and 3 Management approach—GRI 103 People—Training and Development Page 23
404–1 Average hours of training per year per employee
People—Training and Development; Career Training and Performance Feedback Pages 23, 31
In 2023, associates received 197,471 hours of training through a variety of deliver y methods.
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 | Index Sustainability Report | 2023 82
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
GRI Standard Disclosure Title Avient Disclosures
General Disclosures
Reporting Practice
102–52 Reporting cycle At minimum, biennial
102–53 Contact point for questions regarding the report https://www.avient.com/contact-us-now
102–54 Claims of reporting in accordance with the GRI standards This report has been prepared in accordance with the GRI Standards: Core Option
Economic Topic Disclosures
GRI 201: Economic
103-1, 2 and 3 Management approach—GRI 103 Performance—Performance Overview Page 66
201–1 Direct economic value generated and distributed Avient 2023 Annual Report—Form 10-K Pages 19–20
201–2
Financial implications and other risks and opportunities due to climate
change
Avient 2023 Annual Report—Form 10-K Page 9–10
Performance—Enterprise Risk Management Page 70
Planet—Climate Change, Energy and Greenhouse Gas (GHG) Emissions Page 53
201-3 Defined benefit plan obligations and other retirement plans Avient 2023 Annual Report—Form 10-K Pages 25 & 42
GRI 205: Anti-Corruption
103-1, 2 and 3 Management approach—GRI 103
Performance—The Highest Ethical Standards Page 68
Avient Code of Conduct
205–1 Operations assessed for risks related to corruption
Products—Supplier Collaboration Page 48
Performance—The Highest Ethical Standards; Enterprise Risk Management Pages 68, 70
Avient Code of Conduct
https://www.avient.com/investors/governance
205–2
Communication and training about anti-corruption policies and
procedures
Performance—The Highest Ethical Standards Page 68
Avient Code of Conduct
https://www.avient.com/investors/governance
205–3 Confirmed incidents of corruption and actions taken
There were no incidents of corruption in 2023.
Environmental Topic Disclosures
GRI 301: Materials
301–1 Materials used by weight or volume
About Avient—What We Do: Materials Science Page 12
Avient 2023 Annual Report—Form 10-K Page 3
301–2 Recycled input materials used Products—How Our Products Enable Sustainability Page 40
301–3 Reclaimed products and their packaging materials Products—How Our Products Enable Sustainability Page 40
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 83
https://www.avient.com/contact-us-now
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
GRI Standard Disclosure Title Avient Disclosures
Environmental Topic Disclosures
GRI 302: Energy
103–1, 2 and 3 Management approach—GRI 103
Planet—Protecting Our Planet; Climate Change Pages 52–53
https://www.avient.com/company/sustainability/planet/environmental-stewardship
302–1 Energy consumption within the organization
Planet—Protecting Our Planet; Climate Change Pages 52–53
Metrics—Planet Data and Metrics Page 76
302–2 Energy consumption outside of the organization
Planet—Protecting Our Planet; Climate Change Pages 52–53
Metrics—Planet Data and Metrics Page 76
302–3 Energy intensity
Metrics—Planet Data and Metrics Page 76
Our energy intensity evaluates all energy usage within the organization.
302–4 Reduction of energy consumption
Planet—Protecting Our Planet; Climate Change Pages 52–53
Metrics—Planet Data and Metrics Page 76
302–5 Reductions in energy requirements of products and ser vices
Products—How Our Products Enable Sustainability Page 40
Metrics—Planet Data and Metrics Page 76
GRI 303: Water and Effluents
303–1 Interactions with water as a shared resource
Planet—Water Stewardship Pages 60
https://www.avient.com/company/sustainability/planet/environmental-stewardship
303–3 Water withdrawal
Planet—Water Stewardship Pages 60
Metrics—Planet Data and Metrics Page 78
GRI 305: Emissions
103–1, 2 and 3 Management approach—GRI 103
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–1 Direct (Scope 1) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–2 Energy indirect (Scope 2) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–3 Other indirect (Scope 3) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–4 GHG emissions intensity
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–5 Reduction of GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–7
Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant
air emissions
Planet—Conventional Air Emissions Page 61
Metrics—Planet Data and Metrics Page 77
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 84
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/company/sustainability/planet/environmental-stewardship
GRI Standard Disclosure Title Avient Disclosures
Environmental Topic Disclosures
GRI 306: Waste
103–1, 2 and 3 Management approach—GRI 103
Planet—Waste: All Sections Pages 57-58
https://www.avient.com/company/sustainability/planet/environmental-stewardship
306–1 Waste generation and significant waste-related impacts Planet—Waste: All Sections Pages 57-58
306–2 Management of significant waste-related impacts Planet—Waste: All Sections Pages 57-58
306–3 Waste generated
Planet—Waste: All Sections Pages 57-58
Metrics—Planet Data and Metrics Page 77
306–4 Waste diverted from disposal
Planet—Waste: All Sections Pages 57-58
Metrics—Planet Data and Metrics Page 77
306–5 Waste directed to disposal
Planet—Waste: All Sections Pages 57-58
Metrics—Planet Data and Metrics Page 77
GRI 307: Environmental Compliance
103–1, 2 and 3 Management approach—GRI 103
People—Environmental, Health & Safety Page 18
Products—Product Stewardship Page 45
Planet—Protecting Our Planet Page 52
Avient 2023 Annual Report—Form 10-K Pages 6–7
https://www.avient.com/company/sustainability/planet/environmental-stewardship
307–1 Non-compliance with environmental laws and regulations
Products—Product Stewardship Page 45
Avient 2023 Annual Report—Form 10-K Pages 6–7
GRI 308: Supplier Environmental Assessment
103–1, 2 and 3 Management approach—GRI 103
Products—Product Stewardship Page 45
Avient Supplier Code of Conduct
308–1 New suppliers that were screened using environmental criteria Products—Product Stewardship Page 45
308–2 Negative environmental impacts in the supply chain and actions taken Products—Product Stewardship Page 45
Social Topic Disclosures
GRI 401: Employment
103–1, 2 and 3 Management approach—GRI 103 People—Training and Development; Diversity & Inclusion Pages 23, 24
401–1 New employee hires and employee turnover
People—Workforce Demographics Page 28
We hired 988 new associates in 2023
401–2
Benefits provided to full-time employees that are not provided to
temporar y or part-time employees
People—Associate Benefits / Awards and Recognition Program; Health and Wellness Pages 27, 30
401–3 Parental leave People—Health and Wellness Page 30
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 85
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/company/policies-and-governance-0/supplier-code-conduct
GRI Standard Disclosure Title Avient Disclosures
Social Topic Disclosures
GRI 403: Occupational Health & Safety
103–1, 2 and 3 Management approach—GRI 103
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
Avient’s Human Rights Policy
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–1 Occupational health and safety management system
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
People—Occupational Safety & Health Page 20
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–2 Hazard identification, risk assessment, and incident investigation
People—Environmental, Health & Safety Page 18
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–3 Occupational health ser vices People—Occupational Safety & Health Page 20
403–4
Worker participation, consultation, and communication on
occupational health and safety
People—Environmental, Health & Safety Page 18
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–5 Worker training on occupational health and safety People—Environmental, Health & Safety; People—Training and Development Pages 18, 23
403–6 Promotion of worker health People—Occupational Safety & Health; Health and Wellness Pages 20, 30
403–7
Prevention and mitigation of occupational health and safety impacts
directly linked by business relationships
People—Environmental, Health & Safety Page 18
Products—Product Stewardship; Products—Supplier Collaboration Pages 45, 48
Avient 2023 Annual Report—Form 10-K Pages 5–7
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–8
Workers covered by an occupational health and safety management
system
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
403–9 Work-related injuries
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
Metrics—Planet Data and Metrics Page 76
403–10 Work-related ill health
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
Metrics—Planet Data and Metrics Page 76
GRI 404: Training & Education
10–1, 2 and 3 Management approach—GRI 103 People—Training and Development Page 23
404–1 Average hours of training per year per employee
People—Training and Development; Career Training and Performance Feedback Pages 23, 31
In 2023, associates received 197,471 hours of training through a variety of deliver y methods.
https://www.avient.com/sites/default/files/2025-03/2025 Proxy Statement.pdf
Among other responsibilities, the Non-Executive Chairman of the Board:
◦ Chairs executive sessions of the non-employee Directors and provides feedback and
perspective to the CEO regarding discussions at these sessions;
◦ Reviews information as appropriate prior to it being sent to the Board;
◦ Approves meeting agendas for the Board;
◦ Approves meeting schedules to assure that there is sufficient time for discussion of all agenda
items;
◦ Serves as a liaison and facilitates communications between the CEO and other members of the
Board;
◦ Advises the CEO as to the quality, quantity and timeliness of the flow of information from
management to the Board and regarding the effectiveness of Board meetings;
◦ Interviews all Board candidates and provides the Governance and Corporate Responsibility
Committee with recommendations on each candidate;
◦ Maintains close contact with the Chair of each standing committee and assists in ensuring
communications between each committee and the Board;
◦ Considers the retention of advisers and consultants who report directly to the Board;
◦ Chairs Board meetings;
◦ Has the authority to call meetings of the independent Directors;
◦ If requested by major shareholders, ensures that he or she is available for consultation and
direct communication; and
◦ Performs various other duties as may from time to time be determined by the Board.
The
Consultant regularly attends Compensation Committee meetings, maintains regular contact with the
CORPORATE GOVERNANCE
PROXY STATEMENT 2025 | Annual Meeting of Shareholders 34
Compensation Committee, and interacts with management to gather the data needed to prepare reports for
Compensation Committee review.
If you hold your shares through a bank, broker or other nominee, you must follow the instructions found
on your voting instruction card, or contact your bank, broker or other nominee in order to revoke your
previously delivered proxy, or participate in the Annual Meeting and vote electronically online during the Annual
Meeting.
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 | Index Sustainability Report | 2023 82
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/2024%20Proxy%20Statement_March.pdf
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
GRI Standard Disclosure Title Avient Disclosures
General Disclosures
Reporting Practice
102–52 Reporting cycle At minimum, biennial
102–53 Contact point for questions regarding the report https://www.avient.com/contact-us-now
102–54 Claims of reporting in accordance with the GRI standards This report has been prepared in accordance with the GRI Standards: Core Option
Economic Topic Disclosures
GRI 201: Economic
103-1, 2 and 3 Management approach—GRI 103 Performance—Performance Overview Page 66
201–1 Direct economic value generated and distributed Avient 2023 Annual Report—Form 10-K Pages 19–20
201–2
Financial implications and other risks and opportunities due to climate
change
Avient 2023 Annual Report—Form 10-K Page 9–10
Performance—Enterprise Risk Management Page 70
Planet—Climate Change, Energy and Greenhouse Gas (GHG) Emissions Page 53
201-3 Defined benefit plan obligations and other retirement plans Avient 2023 Annual Report—Form 10-K Pages 25 & 42
GRI 205: Anti-Corruption
103-1, 2 and 3 Management approach—GRI 103
Performance—The Highest Ethical Standards Page 68
Avient Code of Conduct
205–1 Operations assessed for risks related to corruption
Products—Supplier Collaboration Page 48
Performance—The Highest Ethical Standards; Enterprise Risk Management Pages 68, 70
Avient Code of Conduct
https://www.avient.com/investors/governance
205–2
Communication and training about anti-corruption policies and
procedures
Performance—The Highest Ethical Standards Page 68
Avient Code of Conduct
https://www.avient.com/investors/governance
205–3 Confirmed incidents of corruption and actions taken
There were no incidents of corruption in 2023.
Environmental Topic Disclosures
GRI 301: Materials
301–1 Materials used by weight or volume
About Avient—What We Do: Materials Science Page 12
Avient 2023 Annual Report—Form 10-K Page 3
301–2 Recycled input materials used Products—How Our Products Enable Sustainability Page 40
301–3 Reclaimed products and their packaging materials Products—How Our Products Enable Sustainability Page 40
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 83
https://www.avient.com/contact-us-now
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
GRI Standard Disclosure Title Avient Disclosures
Environmental Topic Disclosures
GRI 302: Energy
103–1, 2 and 3 Management approach—GRI 103
Planet—Protecting Our Planet; Climate Change Pages 52–53
https://www.avient.com/company/sustainability/planet/environmental-stewardship
302–1 Energy consumption within the organization
Planet—Protecting Our Planet; Climate Change Pages 52–53
Metrics—Planet Data and Metrics Page 76
302–2 Energy consumption outside of the organization
Planet—Protecting Our Planet; Climate Change Pages 52–53
Metrics—Planet Data and Metrics Page 76
302–3 Energy intensity
Metrics—Planet Data and Metrics Page 76
Our energy intensity evaluates all energy usage within the organization.
302–4 Reduction of energy consumption
Planet—Protecting Our Planet; Climate Change Pages 52–53
Metrics—Planet Data and Metrics Page 76
302–5 Reductions in energy requirements of products and ser vices
Products—How Our Products Enable Sustainability Page 40
Metrics—Planet Data and Metrics Page 76
GRI 303: Water and Effluents
303–1 Interactions with water as a shared resource
Planet—Water Stewardship Pages 60
https://www.avient.com/company/sustainability/planet/environmental-stewardship
303–3 Water withdrawal
Planet—Water Stewardship Pages 60
Metrics—Planet Data and Metrics Page 78
GRI 305: Emissions
103–1, 2 and 3 Management approach—GRI 103
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–1 Direct (Scope 1) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–2 Energy indirect (Scope 2) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–3 Other indirect (Scope 3) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–4 GHG emissions intensity
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–5 Reduction of GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 52, 53-54
Metrics—Planet Data and Metrics Page 77
305–7
Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant
air emissions
Planet—Conventional Air Emissions Page 61
Metrics—Planet Data and Metrics Page 77
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 84
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/company/sustainability/planet/environmental-stewardship
GRI Standard Disclosure Title Avient Disclosures
Environmental Topic Disclosures
GRI 306: Waste
103–1, 2 and 3 Management approach—GRI 103
Planet—Waste: All Sections Pages 57-58
https://www.avient.com/company/sustainability/planet/environmental-stewardship
306–1 Waste generation and significant waste-related impacts Planet—Waste: All Sections Pages 57-58
306–2 Management of significant waste-related impacts Planet—Waste: All Sections Pages 57-58
306–3 Waste generated
Planet—Waste: All Sections Pages 57-58
Metrics—Planet Data and Metrics Page 77
306–4 Waste diverted from disposal
Planet—Waste: All Sections Pages 57-58
Metrics—Planet Data and Metrics Page 77
306–5 Waste directed to disposal
Planet—Waste: All Sections Pages 57-58
Metrics—Planet Data and Metrics Page 77
GRI 307: Environmental Compliance
103–1, 2 and 3 Management approach—GRI 103
People—Environmental, Health & Safety Page 18
Products—Product Stewardship Page 45
Planet—Protecting Our Planet Page 52
Avient 2023 Annual Report—Form 10-K Pages 6–7
https://www.avient.com/company/sustainability/planet/environmental-stewardship
307–1 Non-compliance with environmental laws and regulations
Products—Product Stewardship Page 45
Avient 2023 Annual Report—Form 10-K Pages 6–7
GRI 308: Supplier Environmental Assessment
103–1, 2 and 3 Management approach—GRI 103
Products—Product Stewardship Page 45
Avient Supplier Code of Conduct
308–1 New suppliers that were screened using environmental criteria Products—Product Stewardship Page 45
308–2 Negative environmental impacts in the supply chain and actions taken Products—Product Stewardship Page 45
Social Topic Disclosures
GRI 401: Employment
103–1, 2 and 3 Management approach—GRI 103 People—Training and Development; Diversity & Inclusion Pages 23, 24
401–1 New employee hires and employee turnover
People—Workforce Demographics Page 28
We hired 988 new associates in 2023
401–2
Benefits provided to full-time employees that are not provided to
temporar y or part-time employees
People—Associate Benefits / Awards and Recognition Program; Health and Wellness Pages 27, 30
401–3 Parental leave People—Health and Wellness Page 30
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 85
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/sites/default/files/2024-03/AS-FILED%20EF20024640%20Avient%20Corp%20ARS.pdf
https://www.avient.com/company/policies-and-governance-0/supplier-code-conduct
GRI Standard Disclosure Title Avient Disclosures
Social Topic Disclosures
GRI 403: Occupational Health & Safety
103–1, 2 and 3 Management approach—GRI 103
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
Avient’s Human Rights Policy
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–1 Occupational health and safety management system
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
People—Occupational Safety & Health Page 20
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–2 Hazard identification, risk assessment, and incident investigation
People—Environmental, Health & Safety Page 18
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–3 Occupational health ser vices People—Occupational Safety & Health Page 20
403–4
Worker participation, consultation, and communication on
occupational health and safety
People—Environmental, Health & Safety Page 18
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–5 Worker training on occupational health and safety People—Environmental, Health & Safety; People—Training and Development Pages 18, 23
403–6 Promotion of worker health People—Occupational Safety & Health; Health and Wellness Pages 20, 30
403–7
Prevention and mitigation of occupational health and safety impacts
directly linked by business relationships
People—Environmental, Health & Safety Page 18
Products—Product Stewardship; Products—Supplier Collaboration Pages 45, 48
Avient 2023 Annual Report—Form 10-K Pages 5–7
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–8
Workers covered by an occupational health and safety management
system
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
403–9 Work-related injuries
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
Metrics—Planet Data and Metrics Page 76
403–10 Work-related ill health
People—Environmental, Health & Safety Page 18
Avient 2023 Annual Report—Form 10-K Pages 5–7
Metrics—Planet Data and Metrics Page 76
GRI 404: Training & Education
10–1, 2 and 3 Management approach—GRI 103 People—Training and Development Page 23
404–1 Average hours of training per year per employee
People—Training and Development; Career Training and Performance Feedback Pages 23, 31
In 2023, associates received 197,471 hours of training through a variety of deliver y methods.
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
Post-consumer recycled content as percentage of total plastic packaging volume, by weightAvient Corporation 36
37Avient Corporation
T O P 5 G A P S T H A T W E A R E A D D R E S S I N G
2: DECONTAMINATION1: COLOR MANAGEMENT
3: MAINTAINING MECHANICAL
PROPERTIES
4: MONO-MATERIAL
CONSTRUCTION
5: CONSISTENT RECYCLED
MATERIAL QUALITY
Improving the Use of Recycled Content
Avient Corporation 38
39Avient CORPORATION
• Inconsistent base color of recycled materials
• Lightest color recycled material in high demand for all applications ($$)
• Even with clear/transparent materials, color degrades over repeated processing
Our Solutions
• OpticaTM Toners and Super-concentrated colorants to
reduce and mask recycled material discoloration
• SmartHeatTM reduces heat history to minimize yellowing
• Color Simulation Tool to assist with color space design
CHALLENGES
OPPORTUNITIES
• Stabilization of color fluctuation driven by variable recycled polymer
• In-line color correction to optimize customer manufacturing efficiency
RECYCLE COLOR QUALITY RANGE
Avient Corporation 39
1: Color Management
Recycled Material Restricts Color Options
With virgin material, we
can design across a broad
color spectrum
The darker the recycled
materials, the more color
design freedom is restricted
This bright yellow
is not achievable
with high
concentrations of
dark recycled
materials
Avient can provide customer guidance on maximum recycle
content possible and color concentration required to achieve
desired color
Avient Corporation 40
Case Study with Brand Owner
Recycled Resin
=
Discolored Base
Virgin Resin
=
Clean Color Base
Degree of base discoloration limits recycle content
Avient Corporation 41
The Plus Factor Opportunity
I N C R E A S E D U S E O F R E C Y C L E D M A T E R I A L
R E Q U I R E S M O R E C O L O R A N T A N D A D D I T I V E S
Avient Corporation 42
$100M +
2: Decontamination
Recycled material feedstocks are contaminated
• Feedstock variability supplies the recycle process
• Insufficient washing at recycler
• Residual labels and printing inks cause quality and NIAS issues
• Unpleasant recycled material odor (in processing and the final application)
• Clean, food grade, recycled material availability in high demand
• Reliable decontamination to reduce NIAS concerns
• Full odor removal
Our Solutions
• CESATM Laser Marking to eliminate contaminating printing inks,
labels and glue
• AAzureTM process aids and scavengers to enable food and
beverage taste purity in PET packaging
• ProsureTM range of formulations to enable NIAS compliance and
security (customer peace of mind)
CHALLENGES
NIAS = Non Intentionally Added Substances
OPPORTUNITIES
Avient Corporation 43
44
3: Maintaining Mechanical Properties
• Mechanical properties of recycled materials degrade after multiple heat cycles
• Today's recycling protocols only focus on one recycle loop…in reality, there
will be several
• Legislation and brand owners are targeting higher recycled material ratio
incorporation and full circularity
• Polymer quality stability over multiple loops to deliver circular recyclability
• Stress cracking of recycled bottles
• Upgrading performance of lower quality recycled materials
• Specification and guided selection amongst highly variable recycled materials
Our Solutions
• CESATM antioxidants and process aids to enhance
physical properties
• SmartHeatTM reduces heat history to minimize yellowing
• rePrize™ for PET polymer chain repair and extension
CHALLENGES
OPPORTUNITIES
Avient Corporation 44
45
Multi-material packaging is harder to recycle
• Contamination of polymer streams
• Issues in sorting
• Issues in separation
• Trend is to restrict multi-material systems in favor of mono-material constructions
• Improve recyclability of PET gas barriers
• Barrier system development for Polyolefins
• Recyclable barrier systems for film and sheet
Our Solutions
• Portfolio of compatibilizers to enable multilayer constructions
• AmosorbTM to extend beverage shelf life by scavenging
oxygen through the bottle wall
• CaptureTM to extend product shelf life through oxygen
scavenging but without contaminating the bottle
• Lactra SX TM to prevent light-induced oxidation in liquid dairy
products stored at higher temperatures
OPPORTUNITIES
CHALLENGES
Avient Corporation 45
4: Mono-Material Construction
46
Brand Owners require a consistent brand identity
• Inconsistent quality streams pose a challenge to delivering homogeneous product
quality and aesthetics to the consumer
• Brands demand recycled content, but with color/property consistency
• Recyclers are challenged to fulfill needs from brand owners and convertors
• Specification and selection of recycled material grades for targeted applications
• Simulation of recycled material performance in the end-use application
• Leverage re-formulation expertise to provide a consistent packaging product (color and
mechanical properties)
Our Solutions
Our Service and Color Expertise differentiate Avient and allow
us to support customers throughout the entire design process
• Design for use: Color matching, Color design options
• Recycle lot selection
• Improving mechanical properties
• Improving material processing
OPPORTUNITIES
CHALLENGES
Closer customer collaboration to support recycle efforts
Avient Corporation 46
5: Consistent Recycle Material Quality
2016 2021E
Growth in Sustainable Solutions
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
Revenue From Sustainable Solutions*
$340M
$930M
Avient Corporation 47
Future Revenue Growth Assumptions
8-12%
CAGR
Avient Corporation 48
Healthcare
Cathy Dodd
High-Impact, High-Growth Industry
Medical
Equipment /
Devices
33%
Drug
Delivery
19%
Medical
Supplies
18%
Labware
14%
Packaging
8%
Remote
Monitoring
5%
$225
$380
$685
2010 2016 2021E
Healthcare Submarkets (2021E) Track Record of Sales Growth
Personal Wellness
3%
($ millions)
Avient Corporation 49
Our Foundation
W E A R E P O S I T I O N E D T O W I N
Relationships Innovative Solutions Differentiated Services
50Avient Corporation
Trends in Healthcare
S H A P I N G I N N O V A T I O N & S O L U T I O N S
Improved Wellness &
Connectedness
Globalization &
Localization
Increasing Life Expectancy
Self Management & Self
Administration
Technology Driving
Diagnostic & Remote
Monitoring
COVID-19 Protection
Avient Corporation 51
• Deep, trusted customer relationships
• Well-positioned and entrenched in
the Healthcare supply chain
• Broad & differentiated capabilities
• Positioned to respond &
execute quickly
COVID - 19 Protection
A V I E N T W A S S E T A N D R E A D Y
Avient Corporation 52
Aging Population
T R E A T I N G C H R O N I C C O N D I T I O N S
Of the U.S. population is
aged 65 or older… and this
number is growing
Suffer from one or more chronic
health conditions
Avient Corporation 53
Aging Population
T R E A T I N G C H R O N I C C O N D I T I O N S
Increasing Life Expectancy
Cardiology
• 47% of Americans having at least one of three
major risk factors for heart disease
Diabetes
• 193 million people with Type 2 diabetes and will
grow to 252 million by 2026 at a 5% CAGR
Neurology
• Neurological disorders are the second leading
cause of death globally, second only to heart
disease
Avient Corporation 54
Connected Health
E X P A N S I O N O F M E D I C A L W E A R A B L E D E V I C E S
Improved Wellness &
Connectedness
Application Opportunities
• Flexible components to provide design
aesthetics & proper functionality
• Robust designs to meet regulatory
requirements and perform over long product
lifecycles
• Patient comfort to promote ongoing use
Avient Corporation 55
Remote Patient Monitoring
T R A N S L A T I N G D E V I C E S F R O M H O S P I T A L S E T T I N G S T O H O M E
Technology Driving Diagnostic &
Remote Monitoring
Application Opportunities
• Durable, chemically-resistant devices to
withstand impact in a home environment and
exposure to a variety of household cleaners
• Miniaturization of devices to fit into limited space
in the home, while maintaining maximum
functionality
• Innovative, user-friendly designs and long-term
aesthetics to provide patients with easy-to-use,
high-quality, attractive devices in the home
Avient Corporation 56
Self Management & Self Administration
E N A B L I N G P A T I E N T S T O M A N A G E H E A L T H
Self Management & Self
Administration
Application Opportunities
• Combination of rigid & flexible materials to
realize design potential and optimize device
functionality
• Superior chemical resistance to cleaners,
disinfectants, hand oils, UV rays, and drugs to
extend life of device
• Reduced abrasion between mating components
to ensure proper dosing
• Regulatory-approved colorant and additives to
provide branding and drug identification
Avient Corporation 57
Trends are Shaping Innovation
Professional / Clinic Patient / Home
Avient Corporation 58
Avient Design
D I F F E R E N T I A T E D S E R V I C E
• Global product development support from
industrial design through engineering and
product launch
• Extensive material, manufacturing, industry
and value chain knowledge
• Human-centric design skill, aligning product
innovations with ergonomic needs
• Product tear-down capabilities to provide
customers with product optimization and cost
reduction insights
• 3D-printed prototypes and samples to
accelerate product development
Avient Corporation 59
IDEAIDEA
PROOF OF
CONCEPT
PROOF OF
CONCEPT
DESIGNDESIGN TOOLINGTOOLING EVALUATIONEVALUATION
LAUNCH &
DELIVERY
LAUNCH &
DELIVERY
Accelerating Speed to Market
with Avient design
Avient Corporation 60
Avient Design
A U T O I N J E C T O R
61Avient Corporation
Avient Design
62
A U T O - I N J E C T O R T E A R - D O W N
Defined haptics
and soft touch
Stringent regulatory
requirements
Drug contact, mechanical sensitivity for
dosing accuracy
Lasermarking and
laserwelding compatible
Strict change control
Avient Corporation
Avient Design
63
A U T O I N J E C T O R I N N O V A T I O N
Avient Corporation
Avient Design
64
A U T O I N J E C T O R I N N O V A T I O N
Easy to use
Safe
Quality
Protect Ingredients
Compliant
Temperature
Management
Avient Corporation
65
Medical Grade TPE
Healthcare Colorants
High-Density Polymer
Laser weldable formulation
Laser marking additives
Lubricated polymers
Avient Corporation
Easy to use
Safe
Quality
Protect Ingredients
Compliant
Temperature
Management
Avient Design
A U T O I N J E C T O R I N N O V A T I O N
17,645
29,445
2021E 2025E
Source: BCC Research, Nov. 2020
(LBs millions)
Healthcare Growth Outlook
Avient Corporation 66
8-10%
CAGR
Future Revenue Growth AssumptionsMarket for Medical Plastics
Investor Day 2021
Break
Avient Corporation 68
Composites
Chris Pederson
$74
$84
$216 $212
$260
$5
$10
$32
$41
$50
0
10
20
30
40
50
60
70
2017 2018 2019 2020 2021E
• Prior investments in composites
platform and outdoor high
performance applications continue
to pay off driving substantial growth
in 2021
($ in millions)
Composites
• Composites will also drive our ability
to deliver future revenue growth in
excess of GDP
Avient Corporation 69
Spotlight: Growth in Composites
Composite Material Design
Avient Corporation 70
Materials Structure
Mfg ProcessPart Properties
Lower weight
Corrosion resistance
Fatigue performance
Tailor-ability
Design flexibility
Composite Material Forms
Avient Corporation 71
Manufacturing Costs
Continuous Fiber
Thermosets
Continuous Fiber
Thermoplastics
Design Flexibility
Continuous Fiber
Thermosets
Continuous Fiber
Thermoplastics
Discontinuous Fiber
Thermoplastics
Performance Performance
Discontinuous Fiber
Thermoplastics
Composites Portfolio
D I V E R S E C A P A B I L I T I E S A N D S O L U T I O N S S E R V I N G
M A N U F A C T U R E R S A N D O E M S
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
Avient Corporation 72
Powersports & Outdoor Gear
B E N E F I T S O F C O M P O S I T E S
STRUCTURAL COMPONENTS
Material Replacement • Weight Reduction •
Temperature Resistance • Impact Resistance
BODY PANELS
Paint Replacement • Weight
Reduction • Scratch Resistance
ADVENTURE GEAR
Fatigue Resistance • Lightweight •
Temperature Resistance • Impact
Resistance
Avient Corporation 73
Industrial & Energy
B E N E F I T S O F C O M P O S I T E S
HIGH PRESSURE PIPE
Burst Strength • Corrosion Resistance •
Lighter Weight
GPS TRACKABLE PALLETS
Weight Reduction • Increased Load •
Stiffness
POWER INFRASTUCTURE
Corrosion Resistance • Electrical
Insulation • Weight Reduction
Avient Corporation 74
$31
$48
$66
$119
2009 2013 2017 2021E
($ millions)
Avient Corporation 75
Spotlight: Growth at Fiber-Line
Revenue
• Fiber-Line business acquired on
January 2, 2019 for $120 million
• Specialty portfolio of fiber-optic cable
applications primarily serving
telecommunications end-market
• Deep formulation expertise, innovative
culture and global commercial presence
will accelerate growth related to 5G
infrastructure build out
Avient Corporation 76
5G
Technology
Matt Reinhardt
Evolution of 5G
M E E T I N G S I G N I F I C A N T L Y E X P A N D I N G C O N N E C T I V I T Y N E E D S
Avient Corporation 77
How FAST IS 5G?
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
Among other responsibilities, the Non-Executive Chairman of the Board:
• Chairs executive sessions of the non-employee Directors and provides feedback and
perspective to the CEO regarding discussions at these sessions;
• Facilitates communications between other members of the Board;
• Approves meeting agendas and meeting schedules for the Board;
• Communicates with the CEO regarding the quality, quantity and timeliness of the flow of
information from management to the Board;
• Interviews all Board candidates and provides the Governance and Corporate Responsibility
Committee with recommendations on each candidate;
• Maintains close contact with the Chair of each standing committee and assists in ensuring
communications between each committee and the Board;
• Considers the retention of advisers and consultants who report directly to the Board; and
• Chairs Board meetings.
The Consultant regularly attends Compensation
Committee meetings, maintains regular contact with the Compensation Committee, and interacts with
management to gather the data needed to prepare reports for Compensation Committee review.
If you hold your shares through a bank, broker or other nominee, you must follow the
instructions found on your voting instruction card, or contact your bank, broker or other nominee in order
to revoke your previously delivered proxy, or participate in the Annual Meeting and vote electronically
online during the Annual Meeting.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2022 91
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2023-03/2023%20Avient%20Bookmarked%20Proxy%20Statement%20-%20FINAL.pdf
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2023-03/2023%20Avient%20Bookmarked%20Proxy%20Statement%20-%20FINAL.pdf
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2023-03/2023%20Avient%20Bookmarked%20Proxy%20Statement%20-%20FINAL.pdf
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2023-03/2023%20Avient%20Bookmarked%20Proxy%20Statement%20-%20FINAL.pdf
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/sites/default/files/2023-03/Avient%20Annual%20Report%202022.pdf
https://www.avient.com/sites/default/files/2023-03/2023%20Avient%20Bookmarked%20Proxy%20Statement%20-%20FINAL.pdf
https://www.avient.com/sites/default/files/2023-03/2023%20Avient%20Bookmarked%20Proxy%20Statement%20-%20FINAL.pdf
https://www.avient.com/sites/default/files/2023-03/2023%20Avient%20Bookmarked%20Proxy%20Statement%20-%20FINAL.pdf
https://www.avient.com/sites/default/files/2023-03/2023%20Avient%20Bookmarked%20Proxy%20Statement%20-%20FINAL.pdf
https://www.avient.com/sites/default/files/2023-03/Avient%20Annual%20Report%202022.pdf
GRI Standard Disclosure Title Avient Disclosures
General Disclosures
Reporting Practice
102–47 List of material topics
People—Occupational Safety & Health; Management Approach: Training and Development; Management Approach:
Diversity & Inclusion Page 21, 24, 27
Products—Management Approach: Product Stewardship; Management Approach: Supplier Collaboration Page 51, 54
Planet—Reducing Emissions; Waste: Preventing, Minimizing, Eliminating Pages 61, 63
Performance Overview Page 74
102–48 Restatements of information EHS Metrics includes estimated full year performance of APM acquisition
102–49 Changes in reporting No change
102–50 Reporting period Januar y 1, 2022 through December 31, 2022
102–51 Date of most recent report This is Avient's 5th sustainability report.
102–52 Reporting cycle At minimum, biennial
102–53 Contact point for questions regarding the report https://www.avient.com/contact-us-now
102–54 Claims of reporting in accordance with the GRI standards This report has been prepared in accordance with the GRI Standards: Core Option
Economic Topic Disclosures
GRI 201: Economic
103-1, 2 and 3 Management approach – GRI 103 Performance—Performance Overview Page 74
201–1 Direct economic value generated and distributed Avient 2022 Annual Report—Form 10-K Pages 18–19
201–2
Financial implications and other risks and opportunities due to climate
change
Avient 2022 Annual Report—Form 10-K Page 9–10
Performance—Enterprise Risk Management (ERM) Page 79
Planet—Climate Change, Energy and Greenhouse Gas (GHG) Emissions Page 59
201-3 Defined benefit plan obligations and other retirement plans Avient 2022 Annual Report—Form 10-K Pages 24 & 41
GRI 205: Anti-Corruption
103-1, 2 and 3 Management approach – GRI 103
Performance—The Highest Ethical Standards Page 77
Avient Code of Conduct
205–1 Operations assessed for risks related to corruption
Products—Management Approach: Supplier Collaboration Page 54
Performance—The Highest Ethical Standards; Enterprise Risk Management (ERM) Pages 77, 79
Avient Code of Conduct
https://www.avient.com/investors/governance
205–2
Communication and training about anti-corruption policies and
procedures
Performance—The Highest Ethical Standards Page 77
Avient Code of Conduct
https://www.avient.com/investors/governance
205–3 Confirmed incidents of corruption and actions taken
There were no incidents of corruption in 2022.
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2022 92
https://www.cdp.net/en
https://www.avient.com/contact-us-now
https://www.avient.com/sites/default/files/2023-03/Avient%20Annual%20Report%202022.pdf
https://www.avient.com/sites/default/files/2023-03/Avient%20Annual%20Report%202022.pdf
https://www.avient.com/sites/default/files/2023-03/Avient%20Annual%20Report%202022.pdf
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
https://www.avient.com/investors/governance
https://www.avient.com/company/policies-and-governance/code-conduct
GRI Standard Disclosure Title Avient Disclosures
Environmental Topic Disclosures
GRI 301: Materials
301–1 Materials used by weight or volume
About Avient—What We Do: Material Science Page 13
Avient 2022 Annual Report—Form 10-K Page 3
301–2 Recycled input materials used Products—How Our Products Enable Sustainability Page 44
301–3 Reclaimed products and their packaging materials Products—How Our Products Enable Sustainability Page 44
GRI 302: Energy
103–1, 2 and 3 Management approach—GRI 103
Planet—Protecting Our Planet; Climate Change Pages 58–59
https://www.avient.com/company/sustainability/planet/environmental-stewardship
302–1 Energy consumption within the organization
Planet—Protecting Our Planet; Climate Change Pages 58–59
Metrics—Planet Data and Metrics Page 85
302–2 Energy consumption outside of the organization
Planet—Protecting Our Planet; Climate Change Pages 58–59
Metrics—Planet Data and Metrics Page 85
302–3 Energy intensity
Metrics—Planet Data and Metrics Page 85
Our energy intensity evaluates all energy usage within the organization.
302–4 Reduction of energy consumption
Planet—Protecting Our Planet; Climate Change Pages 58–59
Metrics—Planet Data and Metrics Page 85
302–5 Reductions in energy requirements of products and ser vices
Products—How Our Products Enable Sustainability Page 44
Metrics—Planet Data and Metrics Page 85
GRI 303: Water and Effluents
303–1 Interactions with water as a shared resource
Planet—Climate Change; Water Intensity and Biodiversity Pages 59, 66
https://www.avient.com/company/sustainability/planet/environmental-stewardship
303–3 Water withdrawal
Planet—Climate Change; Water Intensity and Biodiversity Pages 59, 66
Metrics—Planet Data and Metrics Page 87
GRI 305: Emissions
103–1, 2 and 3 Management approach—GRI 103
Planet—Protecting Our Planet; Climate Change Pages 58, 59
Metrics—People and Planet Data and Metrics Page 84–87
305–1 Direct (Scope 1) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 58, 59
Metrics—Planet Data and Metrics Page 86
305–2 Energy indirect (Scope 2) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 58,59
Metrics—Planet Data and Metrics Page 86
305–3 Other indirect (Scope 3) GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 58, 59
Metrics—Planet Data and Metrics Page 86
305–4 GHG emissions intensity
Planet—Protecting Our Planet; Climate Change Pages 58, 59
Metrics—Planet Data and Metrics Page 86
305–5 Reduction of GHG emissions
Planet—Protecting Our Planet; Climate Change Pages 58, 59
Metrics—Planet Data and Metrics Page 86
305–7
Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant
air emissions
Planet—Conventional Air Emissions Page 67
Metrics—Planet Data and Metrics Page 86
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2022 93
https://www.avient.com/sites/default/files/2023-03/Avient%20Annual%20Report%202022.pdf
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/company/sustainability/planet/environmental-stewardship
GRI Standard Disclosure Title Avient Disclosures
Environmental Topic Disclosures
GRI 306: Waste
103–1, 2 and 3 Management approach—GRI 103
Planet—Waste: All Sections Pages 63–64
https://www.avient.com/company/sustainability/planet/environmental-stewardship
306–1 Waste generation and significant waste-related impacts Planet—Waste: All Sections Pages 63–64
306–2 Management of significant waste-related impacts Planet—Waste: All Sections Pages 63–64
306–3 Waste generated
Planet—Waste: All Sections Pages 63–64
Metrics—Planet Data and Metrics Page 86
306–4 Waste diverted from disposal
Planet—Waste: All Sections Pages 63–64
Metrics—Planet Data and Metrics Page 86
306–5 Waste directed to disposal
Planet—Waste: All Sections Pages 63–64
Metrics—Planet Data and Metrics Page 86
GRI 307: Environmental Compliance
103–1, 2 and 3 Management approach—GRI 103
People—Management Approach: EH&S Page 19
Products—Management Approach: Product Stewardship Page 51
Planet—Protecting Our Planet Page 58
Avient 2022 Annual Report—Form 10-K Pages 6–7
https://www.avient.com/company/sustainability/planet/environmental-stewardship
307–1 Non-compliance with environmental laws and regulations
Products—Management Approach: Product Stewardship Page 51
Avient 2022 Annual Report—Form 10-K Pages 6–7
GRI 308: Supplier Environmental Assessment
103–1, 2 and 3 Management approach—GRI 103
Products—Management Approach: Supplier Collaboration Page 54
Avient Supplier Code of Conduct
308–1 New suppliers that were screened using environmental criteria Products—Management Approach: Supplier Collaboration Page 54
308–2 Negative environmental impacts in the supply chain and actions taken Products—Management Approach: Supplier Collaboration Page 54
Social Topic Disclosures
GRI 401: Employment
103–1, 2 and 3 Management approach—GRI 103
People—Management Approach: Training and Development Page 24; Diversity & Inclusion: Leading from the Top
Page 26; Management Approach: Diversity & Inclusion Page 27
401–1 New employee hires and employee turnover
People—Workforce Demographics Page 31
We hired 1529 new associates in 2022 (this number includes our acquisition, APM).
401–2
Benefits provided to full-time employees that are not provided to
temporar y or part-time employees
People—Associate Benefits / Awards and Recognition Program; Health and Wellness Pages 32, 34
401–3 Parental leave People—Health and Wellness Page 34
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2022 94
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/sites/default/files/2023-03/Avient%20Annual%20Report%202022.pdf
https://www.avient.com/company/sustainability/planet/environmental-stewardship
https://www.avient.com/sites/default/files/2023-03/Avient%20Annual%20Report%202022.pdf
https://www.avient.com/company/policies-and-governance-0/supplier-code-conduct
GRI Standard Disclosure Title Avient Disclosures
Social Topic Disclosures
GRI 403: Occupational Health & Safety
103–1, 2 and 3 Management approach—GRI 103
People—Management Approach: EH&S Page 19
Avient 2022 Annual Report—Form 10-K Pages 5–7
Avient's Position on Human Rights
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–1 Occupational health and safety management system
People—Management Approach: EH&S Page 19
Avient 2022 Annual Report—Form 10-K Pages 5–7
People—Occupational Safety & Health Page 21
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–2 Hazard identification, risk assessment, and incident investigation
People—Management Approach: EH&S Page 19
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–3 Occupational health ser vices People—Occupational Safety & Health Page 21
403–4
Worker participation, consultation, and communication on
occupational health and safety
People—Management Approach: EH&S Page 19
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–5 Worker training on occupational health and safety People—Management Approach: EH&S; People—Management Approach: Training and Development Pages 19, 24
403–6 Promotion of worker health People—Occupational Safety & Health; Health and Wellness Pages 21, 34
403–7
Prevention and mitigation of occupational health and safety impacts
directly linked by business relationships
People—Management Approach: EH&S Page 19
Products—Management Approach: Product Stewardship; Management Approach: Supplier Collaboration
Pages 51, 54
Avient 2022 Annual Report—Form 10-K Pages 5–7
https://www.avient.com/company/sustainability/planet/environmental-stewardship
403–8
Workers covered by an occupational health and safety management
system
People—Management Approach: EH&S Page 19
Avient 2022 Annual Report—Form 10-K Pages 5–7
403–9 Work-related injuries
People—Management Approach: EH&S Page 19
Avient 2022 Annual Report—Form 10-K Pages 5–7
Metrics—People and Planet Data and Metrics Pages 84–85
403–10 Work-related ill health
People—Management Approach: EH&S Page 19
Avient 2022 Annual Report—Form 10-K Pages 5–7
Metrics—People and Planet Data and Metrics Pages 84–85
GRI 404: Training & Education
10–1, 2 and 3 Management approach—GRI 103 People—Management Approach: Training and Development Page 24
404–1 Average hours of training per year per employee
People—Management Approach: Training and Development; Career Training and Performance Feedback Pages 24, 35
In 2022, associates received 142,000 hours of training through a variety of deliver y methods.
https://www.avient.com/sites/default/files/resources/PolyOne%25202018%2520Proxy%2520Statement.PDF
Fearon to serve as independent Lead Director
Among other responsibilities, the independent Lead Director:
Chairs executive sessions of the nonemployee Directors and provides feedback and perspective to the Chief
Executive Officer regarding discussions at these sessions
Facilitates communications between the Chairman and other members of the Board
Provides input from the Directors to the Chairman of the Board with regard to agendas and schedules for Board
meetings
Advises the Chairman of the Board as to the quality, quantity and timeliness of the flow of information from
management to the Board and regarding the effectiveness of Board meetings
Interviews all Board candidates, and provide the Nominating and Governance Committee with
recommendations on each candidate
Maintains close contact with the Chair of each standing committee and assists in maintaining communications
between each committee and the Board
Considers the retention of advisers and consultants who report directly to the Board of Directors
Chairs Board meetings when the Chairman of the Board is unable to do so
Board Oversight of Risk Management
The Board oversees risk management, setting appropriate “tone at the top”
The Board assesses and analyzes the most likely areas of current and future risk for the Company on an on-
going basis
The Board regularly communicates with management regarding materials risks and to convey its
expectations clearly
Stock Ownership Requirements
We maintain robust stock ownership requirements
The stock ownership requirement for our Chief Executive Officer is 125,000 shares and for all other directors
is 12,500 shares (within five years of onboarding)
Board Practices
Our Board annually conducts an evaluation of its performance, which includes a peer evaluation of each
Director
The Nominating and Governance Committee reviews criteria for Board membership and considers changes as
needed so that the Board continues to reflect the appropriate mix of skills and experience
Non-employee Directors may not stand for re-election following the date of the Director’s 72nd birthday,
although the Board may waive this limitation if it determines such waiver to be in the best interests of the
Company
All Directors stand for election annually
We maintain a majority voting policy for uncontested Director elections
PROXY STATEMENT
POLYONE CORPORATION
PolyOne Center
33587 Walker Road
Avon Lake, Ohio 44012
PROXY STATEMENT
Dated March 29, 2018
Our Board respectfully requests your proxy for use at the Annual Meeting to be held at PolyOne’s corporate
headquarters located at PolyOne Center, 33587 Walker Road, Avon Lake, Ohio 44012 at 9:00 a.m. on Thursday, May
17, 2018, and at any adjournments of that meeting.
The
Consultant maintains regular contact with the Compensation Committee and interacts with management to gather the
data needed to prepare reports for Compensation Committee review.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.pdf
Among other responsibilities, the Non-Executive Chairman of the Board:
• Chairs executive sessions of the non-employee Directors and provides feedback and
perspective to the CEO regarding discussions at these sessions;
• Facilitates communications between other members of the Board;
• Approves meeting agendas and meeting schedules for the Board;
• Communicates with the CEO regarding the quality, quantity and timeliness of the flow of
information from management to the Board;
• Interviews all Board candidates and provides the Governance and Corporate Responsibility
Committee with recommendations on each candidate;
• Maintains close contact with the Chair of each standing committee and assists in ensuring
communications between each committee and the Board;
• Considers the retention of advisers and consultants who report directly to the Board; and
• Chairs Board meetings.
The Consultant regularly attends Compensation
Committee meetings, maintains regular contact with the Compensation Committee, and interacts with
management to gather the data needed to prepare reports for Compensation Committee review.
If you hold your shares through a bank, broker or other nominee, you must follow the
instructions found on your voting instruction card, or contact your bank, broker or other nominee in order
to revoke your previously delivered proxy, or participate in the Annual Meeting and vote electronically
online during the Annual Meeting.
https://www.avient.com/sites/default/files/2024-03/AS-FILED EF20024640 Avient Corp ARS.pdf
Wulfsohn
69 AVIENT CORPORATION
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STOCK EXCHANGE LISTING
Avient's Common Stock is listed on the New York Stock Exchange, Symbol: AVNT
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address
changes, inquiries regarding stock certificates, or if you need tax information regarding your
account, please contact our transfer agent:
Equiniti Trust Company
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-855-598-2615
or 1-651-450-4064
www.shareowneronline.com
Additional information about Avient, including current and historic copies of Annual
Reports on Form 10-K and other reports filed with the Securities and Exchange
Commission, is available online at www.avient.com or free of charge from:
Investor Relations
Avient Corporation
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 1-440-930-1000
ANNUAL MEETING
The annual meeting of Avient will be held virtually via live webcast at 9:00 a.m.
FINANCIAL INFORMATION
Security analysts and representatives of financial institutions are invited to contact:
Joe Di Salvo
Vice President, Treasurer and Investor Relations
Phone: 1-440-930-1921
Email: giuseppe.disalvo@avient.com
AUDITORS
Ernst & Young LLP
950 Main Ave., Suite 1800
Cleveland, OH 44113
INTERNET ACCESS
Information on Avient’s products and services, news releases, corporate governance,
EDGAR filings, Reports on Forms 10-K and 10-Q, etc. as well as an electronic version of
this annual report, are available on the Internet at www.avient.com.