https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
HIGHLIGHTS from 2023:
• Improve fuel economy
• Reduce energy consumption
• Reduce carbon footprint
• Lessening environmental impact
• Specialty solutions designed to replace traditional
materials (e.g. metal, wood) at lower weight
• Alternative solutions to reduce emittance of
volatile organic compounds
• Lightweighting design and solutions to reduce
material usage
• Avient Design Services to reduce weight or
energy consumption
REDUCE
Consumer Transportation Building &
Construction
20%
LESS MATERIAL
Lightweight Dashboards
Hydrocerol™ Chemical
Foaming Agents
REDUCES
VOCs
SmartBatch™ FX for
Body & Trim Paint
Replacement
59%
Air Cargo Nets
Bio-Based Dyneema® Fiber
SUSTAINABLE DESIGN
Design for Lightweighting
Avient Design Services
LESS
WEIGHT
60%
EV Connectors
Edgetek™ PKE Non-Halogen Flame Retardant
Formulations
LEARN MORE40%
LED Lighting Components
Therma-Tech™ Thermally
Conductive Formulations
LESS CO2 THAN NYLON
LIGHTER THAN
ALUMINUM LEARN MORE
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 43Sustainability Report | 2023 43
https://www.avient.com/products/polymer-additives/foaming-agents/hydrocerol-chemical-foaming-agents
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-fx-paint-replacement-0
https://www.dyneema.com/sustainability/bio-based-dyneema-fiber
https://www.avient.com/resource-center/services/avient-design
https://www.avient.com/products/engineered-polymer-formulations/chemical-corrosion-resistant-formulations/edgetek-pke-polyketone-formulations
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/therma-tech-thermally-conductive-formulations
PRESERVE
Avient’s portfolio of PRESERVE sustainable solutions are designed to preserve natural resources like water, protect human health and
safety, and enable sustainable infrastructure.
https://www.avient.com/industries/consumer/consumer-staples/everyday-essentials/infant-child-products
PP Inhaler Roll Cap
Soft Foam Ammo for Toy
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
GHG Emissions (MT)
Greenhouse Gas Emissions (MT Scope 1 & 2 GHG)
Greenhouse Gas Emissions Intensity (MT 1 & 2 GHG/ MT Production)
60,000
120,000
180,000
240,000
300,000
2016 2017 2018* 2019*
.45
.40
.35
.30
.25
.20
.15
.10
.05
.43
.35
.38
.34
Total Energy (GJ)
Energy Intensity (MWh/MT Production)
Total Energy
200,000
400,000
600,000
800,000
1,000,000
2016 2017 2018 2019
1.10
1.00
.90
.80
.70
.60
.99
.86
.91
.85
*Excludes divested PP&S segment and is consistent with the GHG Protocol Corporate Accounting
and Reporting Standard.
More recently, with the
divestiture of the PP&S segment in 2019 and the acquisition of Clariant
Masterbatch in 2020, we have fundamentally repositioned our portfolio to
that of a true specialty enterprise—from which we can springboard to even
greater heights in the future.
EBITDA as % of Revenue
2019 Pro Forma
Color, Additives & Inks 15.2%
Specialty Engineered Materials 15.2%
Distribution 6.4%
Avient 11.1%
0%
60%
80%
0%
60%
80%
2005 2010 2015 2019 PF**
$14M $117M $273M $500M
Adjusted EBITDA* from Specialty Platform
o
f
ju
st
E
B
IT
D
*
Specialty EBITDA
DistributionJV’s Performance
Products & Solutions
Specialty Applications
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
7%
46%
87%
Building & Construction High Growth End Markets
A Specialty Transformation Poised for Future Growth
2006 2019 PF** 2006 2019 PF**
38%
5%
22%
50%
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
M
ke
t
ve
e
a
%
o
f
To
ta
l
8%
10%
4%
18%
12%E
M
ke
t
ve
e
a
%
o
f
To
ta
l
66%
Sustainability Report | 2019 78
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims
(“Green Guides”)
2016 2017 2018 2019
Revenue from Sustainable Solutions* 2016–2019
Reduced Material
Eco-conscious
Bio-derived Content
Reduced Energy Use
Volatile Organic Compound
Recyclability
Renewable Energy
Applications
$275M
$325M
$355M
$410M
14% Total Annual Growth
9% Organic Annual Growth
Sustainable Products
As highlighted in our Products section, Avient has a highly-
technical and broad portfolio of materials solutions that
help our customers—and our planet—be more sustainable.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
GHG Emissions (MT)
Greenhouse Gas Emissions (MT Scope 1 & 2 GHG)
Greenhouse Gas Emissions Intensity (MT 1 & 2 GHG/ MT Production)
60,000
120,000
180,000
240,000
300,000
2016 2017 2018* 2019*
.45
.40
.35
.30
.25
.20
.15
.10
.05
.43
.35
.38
.34
Total Energy (GJ)
Energy Intensity (MWh/MT Production)
Total Energy
200,000
400,000
600,000
800,000
1,000,000
2016 2017 2018 2019
1.10
1.00
.90
.80
.70
.60
.99
.86
.91
.85
*Excludes divested PP&S segment and is consistent with the GHG Protocol Corporate Accounting
and Reporting Standard.
More recently, with the
divestiture of the PP&S segment in 2019 and the acquisition of Clariant
Masterbatch in 2020, we have fundamentally repositioned our portfolio to
that of a true specialty enterprise—from which we can springboard to even
greater heights in the future.
EBITDA as % of Revenue
2019 Pro Forma
Color, Additives & Inks 15.2%
Specialty Engineered Materials 15.2%
Distribution 6.4%
Avient 11.1%
0%
60%
80%
0%
60%
80%
2005 2010 2015 2019 PF**
$14M $117M $273M $500M
Adjusted EBITDA* from Specialty Platform
o
f
ju
st
E
B
IT
D
*
Specialty EBITDA
DistributionJV’s Performance
Products & Solutions
Specialty Applications
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
7%
46%
87%
Building & Construction High Growth End Markets
A Specialty Transformation Poised for Future Growth
2006 2019 PF** 2006 2019 PF**
38%
5%
22%
50%
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
M
ke
t
ve
e
a
%
o
f
To
ta
l
8%
10%
4%
18%
12%E
M
ke
t
ve
e
a
%
o
f
To
ta
l
66%
Sustainability Report | 2019 78
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims
(“Green Guides”)
2016 2017 2018 2019
Revenue from Sustainable Solutions* 2016–2019
Reduced Material
Eco-conscious
Bio-derived Content
Reduced Energy Use
Volatile Organic Compound
Recyclability
Renewable Energy
Applications
$275M
$325M
$355M
$410M
14% Total Annual Growth
9% Organic Annual Growth
Sustainable Products
As highlighted in our Products section, Avient has a highly-
technical and broad portfolio of materials solutions that
help our customers—and our planet—be more sustainable.
https://www.avient.com/industries/packaging/beverage-packaging/beverage-packaging-dairy
Soft Foam Ammo for Toy
https://www.avient.com/industries/consumer/consumer-discretionary/home-household/office-supplies
OnColor™ PProTint™ Colorants for Clarified PP
PP Inhaler Roll Cap
Soft Foam Ammo for Toy
https://www.avient.com/industries/packaging/beverage-packaging/water
Soft Foam Ammo for Toy
https://www.avient.com/idea-center/idea-center?all=true
More
Reducing Weight in Automotive Parts
Foaming agent decreases dashboard weight by 20% while improving part bending strength, ultimately enhancing vehicle safety.
https://www.avient.com/resources/safety-data-sheets?page=6675
331736 RD PP MASTERBATCH
331737 BN PP MASTERBATCH
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/resources/PolyOne%25202015%2520Annual%2520Report.pdf
STOCK PERFORMANCE
PolyOne’s stock performance has significantly outpaced the S&P 500 index and the S&P Mid Cap Chemicals index.
12.31.09 12.31.10 12.31.11 12.31.12 12.31.13 12.31.14 12.31.15
Operating Income %
Color, Additives & Inks
Designed Structures & Solutions
PP&S
Distribution
Specialty Platform Operating Income % of Total
ROIC** (after-tax)
Adjusted EPS Growth
2006
“Where we were”
1.7%
1.1%
—
5.5%
2.6%
6.0%
5.0%
N/A
2015
“Where we are”
16.7%
14.7%
3.0%
8.3%
6.6%
65%
11.8%
25 Consecutive Quarters
of YOY EPS Growth
2020
Platinum Vision
20% +
20% +
12–14%
10–12%
6.5–7.5%
80% +
15%
Double Digit Expansion
**ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
500
400
300
200
100
P
ER
CE
NT
AG
POL
S&P MID CAP CHEMICALS
S&P 500
ANNUAL REPORT 2015
SPECIALTY
DISTRIBUTION
PP&S
JV’S
O
F O
PE
RA
TI
NG
IN
CO
M
2005 2007 2009 2011 2013 2015
OPERATING INCOME MIX SHIFT*^
100
80
60
40
20
100+100+100+100+10050+77+80+97+100+10010+32+53+82+82+841+18+34+51+61+64
*Operating Income excludes Corporate charges and special items
^2005–2009 has not been restated for subsequent changes in accounting principles or discontinued operations
+5 +33 +41 +50 +65 +90 +98
2.00
1.80
1.60
1.40
1.20
1.00
.80
.60
.40
.20
2009 2010 2011 2012 2013 2014 2015
ADJUSTED EARNINGS PER SHARE נ
U.
Our additive
concentrates encompass a wide variety of performance and process enhancing characteristics and are
commonly categorized by the function that they perform, such as UV stabilization, antimicrobial, anti-
static, blowing or foaming, antioxidant, lubricant, and productivity enhancement.
Our additive
concentrates encompass a wide variety of performance and process enhancing characteristics and are
commonly categorized by the function that they perform, such as UV stabilization, antimicrobial, anti-
static, blowing or foaming, antioxidant, lubricant, and productivity enhancement.