https://www.avient.com/sites/default/files/2022-11/Avient Announces Third Quarter 2022 Results.pdf
We completed the acquisition of
APM and the sale of our Distribution business, and are using the net proceeds to pay down near-
term maturing debt as previously announced.”
Over the last few
years, we have overhauled our portfolio by divesting more cyclical, less specialized businesses
and made significant investments in innovation, composites and sustainable solutions,” Mr.
Avient's chief operating decision maker
uses this financial measure to monitor and evaluate the ongoing performance of the Company
and each business segment and to allocate resources.
https://www.avient.com/sites/default/files/2023-03/AvientRY 2021 CDP Verification Opinion Declaration_07-26-22r%5B96%5D.pdf
Energy:
o Diesel Fuel Consumption: 7,268,012 kWh
o Natural Gas Fuel Consumption: 90,498,342 kWh
o Renewable Energy - Self Generated (solar): 252,779 kWh
o Renewable Energy - Self Generated (Wind): 2,399,531 kWh
o Electric Power: 339,815,274 kWh
Page 2
WATER RESOURCES • ENVIRONMENTAL SERVICES • HEALTH & SAFETY • CLIMATE CHANGE
Apex Companies, LLC • (800) 733-2739 • www.apexcos.com
o Renewable Energy Credit (REC): 121,411,062 kWh
o Renewable Power – Offsite: 27,119,749 kWh
Period covered by GHG emissions verification:
January 1, 2021 to December 31, 2021
GHG Reporting Protocols against which verification was conducted:
World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD)
Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (Scope 1 and 2)
and the GHG Protocol Scope 2 Guidance, an amendment to the GHG Protocol Corporate Standard
WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard
Verification Protocols used to conduct the verification:
ISO 14064-3 Second Edition 2019-04: Greenhouse gases - Part 3: Specification with guidance for the
verification and validation of greenhouse gas statements
Apex’s standard procedures and guidelines for external Assurance of Sustainability Reports and
International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other
than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after
Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board.
No member of the verification team has a business relationship with Avient, its Directors or Managers beyond that
required of this assignment.
Apex has implemented a Code of Ethics across the business to maintain high ethical standards among staff in their
day-to-day business activities.
https://www.avient.com/sites/default/files/2023-07/Avient_RY 2022 CDP Verification Opinion Declaration_07-24-23%5B30%5D.pdf
Energy:
o Diesel Fuel Consumption: 4,754,671 kWh
o Natural Gas Fuel Consumption: 184,415,668 kWh
o Renewable Energy Consumed - Self Generated (solar): 260,378 kWh
o Renewable Energy Consumed - Self Generated (Wind): 2,554,186 kWh
o Grid Electricity Consumed: 436,400,546 kWh
Page 2
WATER RESOURCES • ENVIRONMENTAL SERVICES • INDUSTRIAL HYGIENE • SAFETY • SUSTAINABILITY
Apex Companies, LLC • (800) 733‐2739 • www.apexcos.com
o Renewable Energy Credits (REC) Purchased: 100,691,000 kWh
o Renewable Electricity Consumed – Offsite: 128,982,866 kWh
Period covered by GHG emissions verification:
January 1, 2022 to December 31, 2022
GHG Reporting Protocols against which verification was conducted:
World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD)
Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (Scope 1 and 2)
and the GHG Protocol Scope 2 Guidance, an amendment to the GHG Protocol Corporate Standard
WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard
Verification Protocols used to conduct the verification:
ISO 14064-3 Second Edition 2019-04: Greenhouse gases - Part 3: Specification with guidance for the
verification and validation of greenhouse gas statements
Apex’s standard procedures and guidelines for external Assurance of Sustainability Reports and
International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other
than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after
Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board.
No member of the verification team has a business relationship with Avient, its Directors or Managers beyond that
required of this assignment.
Apex has implemented a Code of Ethics across the business to maintain high ethical standards among staff in their
day-to-day business activities.
https://www.avient.com/sites/default/files/Avient Climate Change Scenario Analysis Summary 2022.pdf
Avient Climate-related Scenario Analysis Summary
SCOPE & TIME HORIZON
AVIENT SCENARIO NET ZERO FUTURE PLEDGING PROGRESS STEADFAST POLICY
CONVENTION 1.3-1.5°C 1.9-2.3°C 2.4-2.8°C
TRANSITION RISK Net Zero Emissions Scenario Announced Pledges Scenario Stated Policies Scenario
(IEA WEO 2021
1
scenarios) (NZE) | 1.4°C (APS) | 2.1°C (STEPS) | 2.6°C
Emissions peak at 2050 and slowly decline through 2100 Emissions continue to rise beyond 2100 at slower rates Emissions continue to rise beyond 2100 at current rates
BUSINESS
IMPLICATIONS
Increased transition risk:
Business impacted by climate policies, carbon prices, market
pressures and technological advancements
Increased physical risk:
Business impacted by direct damages and indirect discruption
assocated with severe changes in climate driven weather events
· Highly regulated policy environment · Moderate policy regulation · Few changes to current policy settings
· Ambitious; net zero commitments achieved at most all
levels
· Government commitments and National Determined
Contributions are achieved
· Not all stated commitments are achieved
· Improved air pollution in advanced and emerging market
& developing economies
· Rising air pollution levels especially in emerging market
and developing economies
· Doubling of the frequency of extreme heat events by 2050
and 120% increase in intensity & rising air pollution levels
especially in emerging market and developing economies
· Expectation of signifcant capital allocation for innovative
product design, energy efficiency investments, and clean
electrification of operations
· Additional levels of R&D investment will be required to
contribute to and attain announced commitments
We are positioned to capture
enhanced market share over expanding and
emerging needs that will also enable climate
resiliency
High revenue growth opportunities to meet
demand for highly efficient chemical
materials that will contribute to lowering
customers' emissions as part of our
Sustainable Solutions label
High to moderate revenue growth
opportunities for new chemical materials
pertinent to Avient's customers' strategies
(low-carbon and otherwise) and are in
compliance with any existing regulations
(i.e., VOC reducing materials that address
vehicle air quality standards)
Impact Legend Time horizon Legend
Low impact S - short-term 0-5 years
Moderate impact M - medium-term 5-15 years
High impact L - long-term 15-30 years
BUSINESS IMPLICATIONS AND STRATEGIC RESPONSES
BUSINESS IMPLICATIONS AND STRATEGIC RESPONSES
IMPACT DRIVER &
TIME HORIZON
Policy & Legal Risk
M L
Technology Risk
S M
Market Risk
S M
Reputation Risk
L
Acute & Chronic Risk
L
IMPACT DRIVER &
TIME HORIZON
Resource
Efficiency
Opportunity
S M L
Energy Source
Opportunity
M L
Products &
Services and
Markets Opportunities
S M L
· We have embedded an energy intensity KPI (covering process and builidng efficiencies) into the incentive structure for all employees
Our diverse geographic footprint and identification of critical site redundancies moderately mitigates site-specific business interruption risk.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Switzerland.pdf
If Buyer has a dispute with
respect to an invoice, Buyer must notify Seller within seven (7)
business days after the date of invoice.
These Terms and the contract they
form part of shall be exclusively governed by and construed in
accordance with the substantive laws of Switzerland, with the
exclusion of the United Nations Convention on Contracts for the
International Sale of Goods (“CISG”) dated 11 April 1980 and the
Swiss law rules on the conflict-of-laws.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Ireland.pdf
If Buyer has a dispute with respect to an
invoice, Buyer must notify Seller within seven (7) business days
after the date of invoice.
The United Nations Convention respecting
Contracts for the International Sale of Goods shall not apply to sales
under these Terms.
21.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Peru.pdf
If
Buyer has a dispute with respect to an invoice, Buyer must notify
Seller within seven (7) business days after the date of invoice.
The United Nations Convention respecting
Contracts for the International Sale of Goods shall not apply to sales
under these Terms.
21.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Belgium.pdf
If
Buyer has a dispute with respect to an invoice, Buyer must notify
Seller within seven (7) business days after the date of invoice.
The United Nations Convention respecting
Contracts for the International Sale of Goods shall not apply to sales
under these Terms.
21.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Austria.pdf
If Buyer has a dispute with respect to an
invoice, Buyer must notify Seller within seven (7) business days
after the date of invoice.
The United Nations Convention respecting
Contracts for the International Sale of Goods shall not apply to sales
under these Terms.
21.
https://www.avient.com/sites/default/files/2022-04/Avient Q1 2022 Earnings Release.pdf
This excludes the impact of EPS accretion from
the Dyneema acquisition.”
2
The company is providing its first quarter results in anticipation of discussions with investors,
following the signing of an agreement with Royal DSM (“DSM”) to purchase the DSM Protective
Materials business (including the Dyneema® brand) (“Dyneema”).
They are based on management’s
expectations that involve a number of business risks and uncertainties, any of which could cause
actual results to differ materially from those expressed in or implied by the forward-looking
statements.
Avient's chief operating decision maker uses these financial measures to monitor and evaluate
the ongoing performance of the Company and each business segment and to allocate resources.