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
Net zero (1.5C) aligned policies related to procurement decisions, supplier and regulatory engagement, decarbonzation pathways, product pipeline have not fully been
established, but is something we are considering
· Further enhancement of policies to support the due diligence efforts of M&A opportunities that include climate-related criteria may benefit our decision-making
· In 2022, Avient instituted our first internal cost of carbon to better prioritize low-carbon investments
· We are constructing a detailed decarbonization pathway aligned to our existing 2030 goal.
We are developing a Supplier Sustainability Program designed to address quality, cost and reliability requirements, and a
range of sustainability, social responsibility and environmental considerations.
.
https://www.avient.com/company/sustainability/sustainability-report/people/gptw
This report is the foremost benchmarking survey in the U.S. measuring corporate policies and practices related to LGBTQ+ workplace equality.
https://www.avient.com/zodiac-aquarius/aquarius-pigment-concentrates
Learn more about our regulatory compliance commitments by reviewing our guidelines and policies.
https://www.avient.com/sites/default/files/2022-05/DOC 1879.pdf
IT Systems of Use Policy https://www.avient.com/company/policies-and-
governance/it-systems-use-policy
7.0 Environmental Health, Safety & Security
Is there an Emergency Response System?
Does Avient have a quality manual?
http://www.avient.com/company/policies-and-governance/global-iso-certificate-library
http://www.avient.com/company/policies-and-governance/global-iso-certificate-library
http://www.avient.com/company/policies-and-governance/global-iso-certificate-library
http://www.avient.com/company/policies-and-governance/global-iso-certificate-library
Approved
Corporate : Template/Form
Document #: DOC-01879 Revision: 8
Document
Owners:
Brian Hoar Effective Date: May 13, 2022
Title: QF-02 Quality Standard Response
Page 13 of 19
Only the electronic version of this document in ETQ is the controlled version of the document.
https://www.avient.com/sites/default/files/2024-03/QF-02 QMS Global Standard Response.PDF
Conflict Mineral Policy
The Conflict Mineral Policy is
available here.
We use a set of formal quality
tools and systems in evaluating and tracking quality complaints.
IT Systems of Use Policy
This Policy is available here.
https://www.avient.com/company/sustainability/sustainability-report/products/product-stewardship-global-chemical-management-product-excellence
Avient’s commitment to managing and monitoring the impact of global regulatory requirements on our businesses is demonstrated through our Global Chemical Management Policy.
International standards cover areas of Quality, Environmental, Health and Safety, Automotive, Medical Device, Responsible Care® and Energy Management.
There have been zero product recalls associated with the quality of Avient products.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
You can trust that Avient materials meet the rigorous
quality and safety management standards required
across the globe
There have been zero product recalls associated with the quality of Avient
products.
Avient is committed to continue partnerships with suppliers who align with the following policies:
• Environmental Policy
• Health and Safety Policy
• Supplier Code of Conduct
• Human Rights Policy
• Quality Policy
• Global Supplier Quality Manual
Conflict Minerals Process
Avient’s business objective is to use conflict free materials and components in our products and expects our global supply chain partners to do
the same.
https://www.avient.com/sites/default/files/2024-10/Avient Human Right Policy - July 2024.pdf
July 2024
HUMAN RIGHTS POLICY
OUR COMMITMENT
Avient is dedicated to conducting business ethically and with integrity, and our Human Rights
Policy is part of our commitment to socially responsible business practices.
Our disclosures are located at:
https://www.avient.com/company/policies-and-governance/ca-transparency-act-disclosure
https://www.avient.com/company/policies-and-governance/europe-modern-slavery-and-
human-traffickingstatement
We reinforce Our Commitment to human rights, as set forth above, throughout our organization
by incorporating and reflecting these principles in organizational policies, training programs, and
our governance management framework.
https://www.avient.com/company/policies-and-governance/ca-transparency-act-disclosure
https://www.avient.com/company/policies-and-governance/europe-modern-slavery-and-human-traffickingstatement
https://www.avient.com/company/policies-and-governance/europe-modern-slavery-and-human-traffickingstatement
https://www.avient.com/sites/default/files/2020-10/supplier-code-of-conduct.pdf
https://www.avient.com/sites/default/files/2023-12/Avient_ALL_Policies_Dec_18_2023.pdf
We further define these commitments with individual Policies on
Environment, Safety & Health, Security and Product Stewardship.
It is the responsibility of each person at Avient to ensure that all
operations in the company are carried out in accordance with this policy.
Ashish Khandpur
President and CEO
December 18, 2023
SAFETY & HEALTH POLICY
Avient Corporation believes that safety and health are the highest corporate priority.
https://www.avient.com/sites/default/files/2022-07/Avient 2021 Sustainability Report 7-26-22.pdf
As a result, the demand for high
quality rPET packaging has never been greater.
There have
been zero product recalls associated with the quality of Avient products.
This policy was updated in 2021 to outline our risk assessment target and our
commitment to animal welfare through our newly adopted Animal Testing Policy.