https://www.avient.com/sites/default/files/2021-06/cp204a-ya-2021-avient.pdf
B H D . 2 11 23 12 10 10 1 2 11 22 1 3 10 10 1 SOH SOCK LAN S1189628F 603-62583692 PENGARAH 2 1 09-Jun-2021 440790-X WP KUALA LUMPUR KUALA LUMPUR 5 2 1 0 0 9-3A-1, JLN METRO PERDANA BARAT 1, TMN USAHAWAN KEPONG UTARA,
https://www.avient.com/sites/default/files/2021-03/avient-march-ir-fermium_0.pdf
Purchase price multiple rapidly declining on strength of business and synergy capture (1) (1) (1) (1) (1) (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition ($ in millions) 12 SEM CAI Avient • Composites and Outdoor High Performance applications drove positive mix within SEM • Clariant Masterbatch synergy realization under way and expected to drive further margin expansion in 2021 • Portfolio transformation to high growth end markets with focus on sustainable solutions megatrend (1) EBITDA MARGIN EXPANSION Distribution 15.2% 17.6% 11.1% 12.1% 6.4% 6.3% 15.2% 16.2% (2) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition (2) Total company reflects adjusted EBITDA margins SPOTLIGHT: COMPOSITES 13 • SEM delivers a record year in 2020 – 13% operating income growth and over 200 bps in margin expansion year-over-year • Prior investments in composites platform and outdoor high performance applications paying off, resulting in substantial growth over the last two years SEM Operating Income (OI % of Sales) ($ in millions) $(0.1) $(1.0) $2.2 $19.1 $26.8 2016 2017 2018 2019 2020 Composites Performance (Operating Income) $83.7 $94.4 2019 2020 (11.2%) (13.3%) 0.1 0.1 0.2 0.5 0.6 0.7 0.8 0.9 0.9 1.0 11 12 13 14 15 16 17 18 19 20 $19 $160 $338 2011 2019 2020 0.16 0.20 0.26 0.34 0.42 0.50 0.58 0.72 0.79 0.81 0.85 11 12 13 14 15 16 17 18 19 20 21E FREE CASH FLOW AND CAPITAL ALLOCATION 14 Free Cash Flow Dividends Share Repurchases Deleveraging 3.5x 2.7x 2019PF 2020PF Growing Dividend Cumulative Buybacks Net Leverage $B n $ p e r sh ar e Cash Generation (1) (1) ~$1Bn REPURCHASED OVER LAST 10 YEARS ~$350MM PAID OVER LAST 10 YEARS ~$338MM 2.7x NET LEVERAGE (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition GREAT PLACE TO WORK!
D is t. ) K W R R P M P P G A V Y F U L G C P F M C H X L IF F F O E H U N E C L K R A E M N A S H C E S C L G R A A LB Median: 5%Median: 3% Source: Peer data per Bloomberg market data as of March 12, 2021 Avient reflects 2021 estimated revenue of $4,100M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA Median: 84% Median: 77% HIGH FREE CASH FLOW CONVERSION Avient reflects 2021 estimated EBITDA of $510M and excludes one-time synergy capture CAPEX ($20M) Source: Peer data per Bloomberg market data as of March 12, 2021 85 89 86 86 82 80 76 89 85 83 82 81 78 77 77 76 75 73 70 69 49 19 A vi en t K W R P P G R P M A V Y F U L G C P F M C IF F H X L U N V R E C L A S H B N R F O E E M N C E G R A H U N K R A S C L A L B Source: Peer data per Bloomberg market data as of March 12, 2021 Total Enterprise Value / 2021E EBITDA Our current valuation implies an EBITDA multiple that is below specialty formulator peers and some of our more highly valued chemical peers.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Press Release-1.pdf
The company noted that GAAP EPS includes special items (Attachment 3) and intangible amortization expense (Attachment 1).
Three Months Ended December 31, 2022 2021 Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1) Net (loss) income from continuing operations attributable to Avient shareholders $ (17.0) $ (0.19) $ 11.2 $ 0.12 Special items, after tax (Attachment 3) 38.3 0.42 23.9 0.26 Amortization expense, after-tax 14.6 0.16 11.3 0.12 Adjusted net income / EPS $ 35.9 $ 0.39 $ 46.4 $ 0.50 (1) Per share amounts may not recalculate from figures presented herein due to rounding Year Ended December 31, 2022 2021 Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1) Net income from continuing operations attributable to Avient shareholders $ 82.8 $ 0.90 $ 151.8 $ 1.65 Special items, after tax (Attachment 3) 116.2 1.26 50.0 0.54 Amortization expense, after-tax 49.0 0.53 44.9 0.49 Adjusted net income / EPS $ 248.0 $ 2.69 $ 246.7 $ 2.68 (1) Per share amounts may not recalculate from figures presented herein due to rounding 9 Attachment 2 Avient Corporation Condensed Consolidated Statements of Income (Unaudited) (In millions, except per share data) Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 Sales $ 790.4 $ 807.1 $ 3,396.9 $ 3,315.5 Cost of sales 618.4 590.5 2,514.2 2,371.7 Gross margin 172.0 216.6 882.7 943.8 Selling and administrative expense 171.6 166.4 639.4 664.1 Operating income 0.4 50.2 243.3 279.7 Interest expense, net (49.4) (17.5) (119.8) (75.2) Other expense, net (28.4) (5.3) (59.7) (1.0) (Loss) income from continuing operations before income taxes (77.4) 27.4 63.8 203.5 Income tax benefit (expense) 60.8 (17.1) 19.3 (51.9) Net (loss) income from continuing operations (16.6) 10.3 83.1 151.6 Income from discontinued operations, net of income taxes 561.5 18.7 620.3 79.0 Net income 544.9 29.0 703.4 230.6 Net (income) loss attributable to noncontrolling interests (0.4) 0.9 (0.3) 0.2 Net income attributable to Avient common shareholders $ 544.5 $ 29.9 $ 703.1 $ 230.8 Earnings per share attributable to Avient common shareholders - Basic: Continuing operations $ (0.19) $ 0.12 $ 0.91 $ 1.66 Discontinued operations 6.17 0.21 6.80 0.87 Total $ 5.98 $ 0.33 $ 7.71 $ 2.53 Earnings per share attributable to Avient common shareholders - Diluted: Continuing operations $ (0.19) $ 0.12 $ 0.90 $ 1.65 Discontinued operations 6.17 0.20 6.73 0.86 Total $ 5.98 $ 0.32 $ 7.63 $ 2.51 Cash dividends declared per share of common stock $ 0.2475 $ 0.2375 $ 0.9600 $ 0.8750 Weighted-average shares used to compute earnings per common share: Basic 91.0 91.5 91.2 91.4 Diluted 91.0 92.4 92.2 92.1 10 Attachment 3 Avient Corporation Summary of Special Items (Unaudited) (In millions, except per share data) Special items (1) Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 Cost of sales: Restructuring costs, including accelerated depreciation $ (21.3) $ (6.0) $ (31.1) $ (14.6) Environmental remediation costs (0.4) (0.5) (24.2) (22.9) Reimbursement of previously incurred environmental costs — — 8.3 4.5 Acquisition related costs (23.8) 0.6 (34.1) (0.6) Impact on cost of sales (45.5) (5.9) (81.1) (33.6) Selling and administrative expense: Restructuring, legal and other (8.3) (4.2) (8.3) (5.9) Acquisition related costs (6.1) (1.1) (19.3) (8.3) Impact on selling and administrative expense (14.4) (5.3) (27.6) (14.2) Impact on operating income (59.9) (11.2) (108.7) (47.8) Interest expense, net - committed financing and debt extinguishment (16.0) — (26.0) — Mark-to-market on derivatives — — (30.9) — Pension and post retirement mark-to-market adjustment and other (28.4) (9.3) (28.4) (9.3) Impact on Other expense, net (28.4) (9.3) (59.3) (9.3) Impact on income from continuing operations before income taxes (104.3) (20.5) (194.0) (57.1) Income tax benefit benefit/(expense) on above special items 26.8 4.1 49.4 13.0 Tax adjustments(2) 39.2 (7.5) 28.4 (5.9) Impact of special items on net income from continuing operations $ (38.3) $ (23.9) $ (116.2) $ (50.0) Diluted earnings per common share impact $ (0.42) $ (0.26) $ (1.26) $ (0.54) Weighted average shares used to compute adjusted earnings per share: Diluted 91.7 92.4 92.2 92.1 (1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; settlement gains or losses and mark-to- market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results. (2) Tax adjustments include the net tax benefit/(expense) from non-recurring income tax items, adjustments to uncertain tax position reserves and deferred income tax valuation allowances. 11 Attachment 4 Avient Corporation Condensed Consolidated Balance Sheets (Unaudited) (In millions) Year Ended December 31, 2022 2021 ASSETS Current assets: Cash and cash equivalents $ 641.1 $ 601.2 Accounts receivable, net 440.6 439.9 Inventories, net 372.7 305.8 Current assets held for sale — 360.2 Other current assets 115.3 119.9 Total current assets 1,569.7 1,827.0 Property, net 1,049.2 672.3 Goodwill 1,671.9 1,284.8 Intangible assets, net 1,597.6 925.2 Operating lease assets, net 60.4 58.2 Non-current assets held for sale — 22.0 Other non-current assets 136.2 207.7 Total assets $ 6,085.0 $ 4,997.2 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Short-term and current portion of long-term debt $ 2.2 $ 8.6 Accounts payable 454.4 429.5 Current operating lease obligations 17.0 21.1 Current liabilities held for sale — 141.3 Accrued expenses and other current liabilities 395.8 340.2 Total current liabilities 869.4 940.7 Non-current liabilities: Long-term debt 2,176.7 1,850.3 Pension and other post-retirement benefits 67.2 99.9 Deferred income taxes 342.5 100.6 Non-current operating lease obligations 40.9 37.3 Non-current liabilities held for sale — 13.1 Other non-current liabilities 235.5 164.8 Total non-current liabilities 2,862.8 2,266.0 SHAREHOLDERS' EQUITY Avient shareholders’ equity 2,334.5 1,774.7 Noncontrolling interest 18.3 15.8 Total equity 2,352.8 1,790.5 Total liabilities and equity $ 6,085.0 $ 4,997.2 12 Attachment 5 Avient Corporation Condensed Consolidated Statements of Cash Flows (Unaudited) (In millions) Year Ended December 31, 2022 2021 Operating activities Net income $ 703.4 $ 230.6 Adjustments to reconcile net income to net cash provided by operating activities: Gain on sale of business, net of tax expense (550.1) — Depreciation and amortization 157.6 144.2 Accelerated depreciation 5.5 1.7 Amortization of inventory step-up 34.4 1.5 Deferred income tax expense (benefit) 0.5 (27.3) Share-based compensation expense 13.2 11.2 Changes in assets and liabilities, net of the effect of acquisitions: Decrease (increase) in accounts receivable 32.6 (143.1) Decrease (increase) in inventories 14.0 (141.0) Increase in accounts payable 10.7 95.3 Increase (decrease) in pension and other post-retirement benefits 7.1 (10.9) Taxes paid on gain on divestiture (2.8) — (Decrease) increase in accrued expenses and other assets and liabilities, net (27.7) 71.6 Net cash provided by operating activities 398.4 233.8 Investing activities Capital expenditures (105.5) (100.6) Business acquisitions, net of cash acquired (1,426.1) (47.6) Settlement of foreign exchange derivatives 93.3 — Proceeds from divestiture 928.2 — Other investing activities 6.1 (2.0) Net cash used by investing activities (504.0) (150.2) Financing activities Debt offering proceeds 1,300.0 — Purchase of common shares for treasury (36.4) (4.2) Cash dividends paid (86.8) (77.7) Repayment of long-term debt (956.8) (18.5) Payments on withholding tax on share awards (4.3) (10.7) Debt financing costs (49.3) — Other financing activities — (3.5) Net cash provided (used) by financing activities 166.4 (114.6) Effect of exchange rate changes on cash (20.9) (17.3) Increase (decrease) in cash and cash equivalents 39.9 (48.3) Cash and cash equivalents at beginning of year 601.2 649.5 Cash and cash equivalents at end of year $ 641.1 $ 601.2 13 Attachment 6 Avient Corporation Business Segment Operations (Unaudited) (In millions) Operating income at the segment level does not include: special items as defined in Attachment 3; corporate general and administration costs that are not allocated to segments; intersegment sales and profit eliminations; share-based compensation costs; and certain other items that are not included in the measure of segment profit and loss that is reported to and reviewed by the chief operating decision maker.
https://www.avient.com/sites/default/files/2022-07/Avient Announces Second Quarter 2022 Results_1.pdf
The company noted that GAAP EPS includes special items (Attachment 3), which impacted EPS in both periods.
Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Sales: Color, Additives and Inks $ 649.1 $ 624.4 $ 1,298.6 $ 1,233.7 Specialty Engineered Materials 243.9 240.6 488.6 457.1 Distribution 443.2 404.4 876.1 767.1 Corporate and eliminations (33.8) (34.2) (67.1) (60.4) Sales $ 1,302.4 $ 1,235.2 $ 2,596.2 $ 2,397.5 Gross margin: Color, Additives and Inks $ 193.4 $ 193.4 $ 385.5 $ 390.9 Specialty Engineered Materials 67.4 69.6 137.2 134.3 Distribution 42.9 40.1 82.2 79.4 Corporate and eliminations 0.1 (14.4) (7.4) (13.5) Gross margin $ 303.8 $ 288.7 $ 597.5 $ 591.1 Selling and administrative expense: Color, Additives and Inks $ 99.8 $ 107.1 $ 197.4 $ 215.8 Specialty Engineered Materials 30.8 32.3 60.9 62.8 Distribution 15.8 16.4 30.9 31.7 Corporate and eliminations 27.9 24.8 50.2 52.3 Selling and administrative expense $ 174.3 $ 180.6 $ 339.4 $ 362.6 Operating income: Color, Additives and Inks $ 93.6 $ 86.3 $ 188.1 $ 175.1 Specialty Engineered Materials 36.6 37.3 76.3 71.5 Distribution 27.1 23.7 51.3 47.7 Corporate and eliminations (27.8) (39.2) (57.6) (65.8) Operating income $ 129.5 $ 108.1 $ 258.1 $ 228.5 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 119.5 $ 111.6 $ 240.0 $ 227.7 Specialty Engineered Materials 44.3 45.4 91.8 87.4 Distribution 27.3 23.9 51.7 48.1 Corporate and eliminations (25.1) (39.0) (51.1) (63.8) Other income, net 1.4 1.2 0.8 2.7 EBITDA $ 167.4 $ 143.1 $ 333.2 $ 302.1 12 Attachment 7 Avient Corporation Reconciliation of Non-GAAP Financial Measures (Unaudited) (In millions, except per share data) Senior management uses gross margin before special items and operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in understanding current profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2024-10/Avient Announces Third Quarter 2024 Results.pdf
The company noted that third quarter 2024 GAAP EPS includes $0.07 of special items (see Attachment 3) and $0.16 of intangible amortization expense (see Attachment 1).
Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Sales: Color, Additives and Inks $ 521.5 $ 486.5 $ 1,578.8 $ 1,548.0 Specialty Engineered Materials 294.6 267.9 917.1 878.4 Corporate (0.9) (0.7) (2.0) (2.6) Sales $ 815.2 $ 753.7 $ 2,493.9 $ 2,423.8 Gross margin: Color, Additives and Inks $ 172.8 $ 156.8 $ 528.5 $ 482.9 Specialty Engineered Materials 89.0 78.3 290.7 263.7 Corporate (0.4) (39.8) (22.0) (63.0) Gross margin $ 261.4 $ 195.3 $ 797.2 $ 683.6 Selling and administrative expense: Color, Additives and Inks $ 97.3 $ 92.3 $ 292.1 $ 284.8 Specialty Engineered Materials 52.6 48.0 158.1 150.6 Corporate 34.3 20.7 103.3 94.5 Selling and administrative expense $ 184.2 $ 161.0 $ 553.5 $ 529.9 Operating income: Color, Additives and Inks $ 75.5 $ 64.5 $ 236.4 $ 198.1 Specialty Engineered Materials 36.4 30.3 132.6 113.1 Corporate (34.7) (60.5) (125.3) (157.5) Operating income $ 77.2 $ 34.3 $ 243.7 $ 153.7 Depreciation & amortization: Color, Additives and Inks $ 21.9 $ 24.6 $ 65.6 $ 76.1 Specialty Engineered Materials 20.7 20.5 61.1 61.6 Corporate 2.5 1.3 7.6 6.8 Depreciation & amortization $ 45.1 $ 46.4 $ 134.3 $ 144.5 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 97.4 $ 89.1 $ 302.0 $ 274.2 Specialty Engineered Materials 57.1 50.8 193.7 174.7 Corporate (32.2) (59.2) (117.7) (150.7) Other (expense) income, net (0.3) 1.0 (2.1) 1.5 EBITDA from continuing operations $ 122.0 $ 81.7 $ 375.9 $ 299.7 Special items, before tax 9.7 43.2 44.0 92.2 Interest expense included in special items (1.3) (2.2) (2.3) (2.2) Depreciation & amortization included in special items (0.4) — (1.2) (1.9) Adjusted EBITDA $ 130.0 $ 122.7 $ 416.4 $ 387.8 12 Attachment 7 Avient Corporation Reconciliation of Non-GAAP Financial Measures (Unaudited) (In millions, except per share data) Senior management uses gross margin before special items and operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in understanding current profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2025-05/Avient Announces First Quarter 2025 Results_0.pdf
The company noted that first quarter 2025 GAAP EPS includes special items of $0.82 primarily related to an impairment associated with ceasing the development of S/4HANA, a cloud-based ERP system (see attachment 3), and $0.16 of intangible amortization expense (see attachment 1).
Three Months Ended March 31, 2025 2024 Sales: Color, Additives and Inks $ 519.7 $ 515.3 Specialty Engineered Materials 308.4 314.4 Corporate (1.5) (0.7) Sales $ 826.6 $ 829.0 Gross margin: Color, Additives and Inks $ 173.1 $ 171.2 Specialty Engineered Materials 97.8 107.0 Corporate (7.7) — Gross margin $ 263.2 $ 278.2 Selling and administrative expense: Color, Additives and Inks $ 94.5 $ 96.4 Specialty Engineered Materials 50.7 53.6 Corporate 117.3 34.2 Selling and administrative expense $ 262.5 $ 184.2 Operating income: Color, Additives and Inks $ 78.6 $ 74.8 Specialty Engineered Materials 47.1 53.4 Corporate (125.0) (34.2) Operating income $ 0.7 $ 94.0 Depreciation & amortization: Color, Additives and Inks $ 21.7 $ 21.9 Specialty Engineered Materials 21.5 19.6 Corporate 2.1 2.8 Depreciation & amortization $ 45.3 $ 44.3 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 100.3 $ 96.7 Specialty Engineered Materials 68.6 73.0 Corporate (122.9) (31.4) Other expense, net (0.4) (0.9) EBITDA $ 45.6 $ 137.4 Special items, before tax 101.2 6.2 Interest expense included in special items (1.7) — Depreciation & amortization included in special items (0.4) (0.5) Adjusted EBITDA $ 144.7 $ 143.1 12 Attachment 7 Avient Corporation Reconciliation of Non-GAAP Financial Measures (Unaudited) (In millions, except per share data) Senior management uses operating income before special items to assess performance and allocate resources because senior management believes that this measure is most useful in understanding current profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Circular Economy 2022.pdf
Solutions that Support the Circular Economy REDUCED ENERGY USE CESA™ Dry Additives CESA™ Release Additives OnCap™ CTR Process Optimization ColorMatrix™ Joule™ & Smartheat™ Infrared Absorber Specialty Low Cure Inks SiteCool™ Infrared Absorption Technologies BIO-DERIVED CONTENT reSound™ OM Bio-Derived Thermoplastic Elastomers reFlex™ Bio-Derived Plasticizer OnCap™ Bio Additives OnColor™ Bio Colorants reSound™ Natural Fiber Reinforced Formulations LIGHTWEIGHTING Glasforms™ Pultrusion Technologies Polystrand™ Continuous Fiber Composites IMPROVED RECYCABILITY CESA™ IR Black Additives CESA™ Extend Additives ColorMatrix™ Lactra™ SX Light Blocking Additive for PET ColorMatrix™ Ultimate™ UV Light Barrier ColorMatrix™ Capture™ Oxygen Scavenger for PET ColorMatrix™ Triple A™ Acetaldehyde Scavenging Additives ColorMatrix™ Reprize™ IV Builder for PET OnColor™ IR Sortable Black for Recyclable Packaging Bergadur™ Post-Industrial Recycled Content Polyester Formulations Nymax™ PIR Post-Industrial Recycled Nylon Formulations Maxxam™ FR Flame Retardant Polyolefin Formulations Predictions Gartner predicts circular economies will replace linear economies in 10 years, noting that supply chain leaders must adapt to circular models in order to keep up in a marketplace with a growing emphasis on sustainability.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
As you read this report, you will note that Avient has policies, partnerships, investments and actions in support of ESG leadership.
Hatfield, Pennsylvania 12.
Bangkok, Thailand 12.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Italian.pdf
Il nostro Codice di condotta 2023 Indice Un messaggio dal CEO 1 La nostra visione e strategia 2 Valori fondamentali e personali 2 Il nostro Codice di condotta Linee guida per il comportamento etico 4 Valori personali 4 Risolvere questioni e segnalare situazioni di non conformità 6 Linea di assistenza telefonica sull’etica 6 Non ritorsione 6 Applicazione del Codice di condotta 7 Violazioni del Codice 7 Rispetto per tutti Diversità e inclusione 9 Discriminazione o molestie 9 Rapporti di lavoro 9 Abuso di sostanze 9 Sicurezza fisica e violenza sul luogo di lavoro 10 Onestà sul lavoro Informazioni, dati e documenti accurati 12 Integrità contabile 12 Comunicazioni aziendali 14 Tutela e uso dei beni 14 Informazioni proprietarie e riservate, idee e proprietà intellettuale 14 Privacy, informazioni personali e protezione dei dati 15 Uso di Internet e delle e-mail 15 Social media e social networking 15 Sicurezza informatica, licenze software e copyright 16 Insider trading e informazioni privilegiate 16 Contributi/attività per partiti politici e contributi ad organizzazioni di beneficenza 17 Indagini e inchieste governative 17 Integrità nella nostra attività Trattamento equo 19 Corruzione e mazzette 19 Agenti e consulenti 20 Concorrenza 20 Omaggi e ospitalità 20 Conflitti di interessi 21 Autonegoziazion 22 Commercio internazionale 22 Responsabilità sociale dell’azienda Sostenibilità 24 Sicurezza, salute e ambiente 24 Sicurezza di prodotti e servizi 25 Rispetto dei diritti umani 25 Un impegno condiviso 25 Risorse e informazioni di contatto 26 1 Indice Un messaggio dal CEO Gentili Dipendenti Avient, facendo parte di un’azienda globale in crescita, ci troviamo di fronte a situazioni impegnative e a decisioni complesse.
Siamo responsabili personalmente, nei confronti di noi stessi e dei nostri soggetti interessati, delle nostre azioni e dei nostri risultati. 12 Indice Informazioni, dati e documenti accurati Documenti completi, accurati e affidabili sono essenziali per prendere valide decisioni e per garantire operazioni efficaci.
Avete anche la responsabilità di compilare le note spese in maniera tempestiva e accurata.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_final2.pdf
Note that if you submit improper expenses and/or poorly documented expenses, appropriate disciplinary action will be taken, up to and including termination of employment.
TABLE OF CONTENTS INTRODUCTION OUR CODE OF CONDUCT RESPECT FOR ALL HONESTY AT WORK INTEGRITY IN OUR BUSINESS CORPORATE SOCIAL RESPONSIBILITY RESOURCES CODE OF CONDUCT | 12 Did you Know?
Note that the failure to disclose an actual or potential conflict of interest is a violation of the Code.