https://www.avient.com/sites/default/files/2023-12/Avient_ALL_Policies_Dec_18_2023.pdf
AVIENT RESPONSIBLE CARE POLICY
Avient Corporation conducts its operations in a manner that is protective
of the environment, and the health, safety and security of associates,
customers, and all our stakeholders, including the communities in which
we operate.
Ashish Khandpur
President and CEO
December 18, 2023
ENVIRONMENTAL POLICY
Avient Corporation conducts its operations in an environmentally
responsible manner that is protective of the communities in which we
operate.
Our policy is to conduct business in a manner that complies with regulatory and
other requirements while warranting the safety and health of our associates,
customers, contractors, suppliers, and the communities in which we operate.
https://www.avient.com/sites/default/files/2020-10/tpe-overmold-design-guide.pdf
When
using these ejection systems, differential thermal expansion of the mold may cause the lifter to jam.
When
using these ejection systems, differential thermal expansion of the mold may cause the lifter to jam.
Overmolded parts will take longer to cool because the TPE is only cooled from one
side as the plastic substrate acts as a thermal insulator.
https://www.avient.com/sites/default/files/2024-10/Final 2_Avient Semicondcutor Packaging Case Study Snapshot 2024.pdf
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/stat-tech-static-dissipative-electrically-conductive-formulations
Slide 1: Semiconductor packaging OEM
https://www.avient.com/sites/default/files/2021-02/avients-publication-of-uk-tax-strategy.pdf
AVIENT CORPORATION GROUP’S PUBLICATION OF UK TAX STRATEGY
Introduction
This document summarizes Avient Corporation and its worldwide affiliates’ (together “The Avient Group”) policy
and approach to conducting United Kingdom (“UK”) tax affairs and managing tax risk.
Transactions among the Avient Group are conducted on an arm’s-length basis and in accordance with UK tax laws.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Operational%2520Excellence.pdf
Kedrowski
Page 38
Operational Excellence
• Operational Excellence is a never-ending quest
for improvement in response to the voice of our
customers and shareholders
• It is all about strengthening our capabilities to
deliver value flawlessly to our customers deliver value flawlessly to our customers
• It challenges us to enhance our
productivity, profitability, and efficiency
in all phases of our business, from
safety to quality to waste elimination
to environmental stewardship
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Lean Six Sigma Initiative
• In 2009, Lean Six Sigma was launched to
improve execution skills across all
businesses, functions, and global regions
• A company-wide diagnostic was
conducted, resulting in identification of six conducted, resulting in identification of six
strategic improvement platforms
• Financial targets were estimated,
resources identified and trained
results delivered
,
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PolyOne OSHA Recordable Incidence Rate
4
5
6
5.1
Safety Performance
*Rubber And Plastics Manufacturing Industry (2010 Bureau of Labor Statistics).
0
1
2
3
2005 2006 2007 2008 2009 2010 2011 Industry
Average
1.4 1.3
1.1 1.1 0.85 0.65
0.57
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• Exemplary on-time delivery
• Best-in-class working capital
% of sales
81%
87%
88%
95%
93%
92%
94%
2005 2006 2007 2008 2009 2010 2011
On-Time Delivery*
Lean Six Sigma Delivering Results
• Approximately $200M in
cash driven by working
capital improvements
16.2%
14.4%
18.9%
11.7%
9.6% 9.6%
2006 2007 2008 2009 2010 2011
WC % of Sales
2005 2006 2007 2008 2009 2010 2011
*As measured to customer request date
Page 42
40.0%
Percent of Associates
Trained in LSS
World’s Best Start-up
Program in 2009*
World’s Best Business Process
Excellence Program in 2012*
Award-Winning Lean Six Sigma Program
*Both awards received from International Quality and Productivity Center
16.5%
40.0%
2009 2011
Page 43
• Globally leverage strategic supplier
management best practices
• Implement world class demand
management processes
Critical Imperatives
• Improve operational reliability and efficiencies
• Optimize global freight management
Drive 50 – 100 basis points of gross margin expansion per year
Page 44
Page 45
https://www.avient.com/sites/default/files/2023-01/Avient Audit Committee Charter.pdf
Review and discuss with management and the internal and independent auditors compliance with
the Company’s Codes of Business Conduct and Ethics.
Advise the Board with respect to the Company’s policies and procedures regarding compliance
with the Company’s Codes of Business Conduct and Ethics.
3.
Discuss with management and the independent auditor any correspondence with regulators or
governmental agencies and any legal complaints or published reports that raise material issues
regarding the Company’s financial statements, accounting policies or compliance with the
Company’s Codes of Business Conduct and Ethics.
5.
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Our Code of Conduct establishes a clear set of ethical and behavioral standards for our
business conduct.
Annually, we conduct training for hourly associates.
Suppliers are expected to comply with our Supplier Code of Conduct.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
Our Code of Conduct establishes a clear set of ethical and behavioral standards for our
business conduct.
Annually, we conduct training for hourly associates.
Suppliers are expected to comply with our Supplier Code of Conduct.
https://www.avient.com/sites/default/files/2020-10/antimicrobial-dental-case-study.pdf
Testing was conducted
to determine if formulations molded with the new
additives would maintain sufficient antimicrobial
functionality at the lower LDRs, and positive results
were provided to the manufacturer.
Finally, Avient’s
willingness and ability to conduct and provide testing
results saved the customer time and money.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
Our Code of Conduct establishes a clear set of ethical and behavioral standards for our business conduct.
Suppliers are expected to comply with our Supplier Code of Conduct.
Suppliers are expected to comply with our Supplier Code of Conduct.