GRI Standard | Disclosure Title | Avient Disclosures |
---|---|---|
Organizational profile | ||
102–1 |
Name of the organization |
|
102–2 |
Activities, brands, products, and services |
Avient products are not banned in any market. |
102–3 |
Location of headquarters |
Avient 2022 Annual Report—Form 10-K Cover Page |
102–4 |
Location of operations |
About Us—Where We Are: Global Locations Avient 2022 Annual Report—Form 10-K Page 13 |
102–5 |
Ownership and legal form |
Avient 2022 Annual Report—Form 10-K Cover Page |
102–6 |
Markets served |
About Us—Communities Counting on Avient Avient 2022 Annual Report—Form 10-K Page 13 |
102–7 |
Scale of the organization |
Avient 2022 Annual Report—Form 10-K Pages 2–7, 37-38 |
102–8 |
Information on employees and other workers |
People—Workforce Demographics Page 31 Avient 2022 Annual Report—Form 10-K Page 5 Currently we report on the number of associates. A majority of our associates have full time contracts. |
102–9 |
Supply chain |
Avient 2022 Annual Report—Form 10-K Page 5 |
102–10 |
Significant changes to the organization and its supply chain |
Avient 2022 Annual Report—Form 10-K Page 18 |
102 – 11 |
Precautionary Principle or approach |
Avient 2022 Annual Report—Form 10-K Page 8-12 |
102–12 |
External initiatives |
People—Security; A Great Place to Work Products—Management Approach: Product Stewardship; Strategic Partnerships and Alliances |
102–13 |
Membership of associations |
Strategic Partnerships and Alliances Association of Plastic Recyclers (APR) Plastics Recyclers Europe (PRE) |
Strategy |
||
102–14 |
Statement from senior decision-maker |
|
102–15 |
Key impacts, risks, and opportunities |
Products—Innovation: The Lifeblood of a Specialty Organization Avient 2022 Annual Report—Form 10-K Pages 7–12 |
Ethics & Integrity |
||
102–16 |
Values, principles, standards, and norms of behavior |
Avient 2022 Annual Report— Vision and Strategy |
102–17 |
Mechanisms for advice and concerns about ethics |
Performance—Ethics Hotline and Reporting Page 78 |
Governance |
||
102–18 |
Governance structure |
Performance—Board of Directors Governance Page 80 People—Management Approach: EH&S Avient 2022 Annual Report—Form 10-K Pages 13–14 & 69 Avient 2023 Proxy Statement —Page 14–15 |
102–20 |
Executive-level responsibility for economic, environmental, and social topics |
Performance—Board of Directors Governance People—Management Approach: EH&S People—Management Approach: Training and Development People—Management Approach: Diversity&Inclusion People—Management Approach: Product Stewardship |
102–22 |
Composition of the highest governance body and its committees |
Performance—Board of Directors Governance Page 80-81 Avient 2022 Annual Report—Form 10-K Pages 13–14 & 69 |
102–23 |
Chair of the highest governance body |
Avient 2023 Proxy Statement Page 22 |
102–24 |
Nominating and selecting the highest governance body |
Performance—Board of Directors Governance Page 80-81 Avient 2022 Annual Report—Form 10-K Pages 13–14 Avient 2023 Proxy Statement Page 17 |
102–25 |
Conflicts of interest |
Performance—Board of Directors Governance Page 80-81 |
102 – 26 |
Role of highest governance body in setting purpose, values, and strategy |
Performance—Board of Directors Governance Page 80-81 Avient 2022 Annual Report—Form 10-K Pages 13–14 & 69 Avient Proxy Statement Pages 46–48 |
102 – 27 |
Collective knowledge of highest governance body |
Performance—Board of Directors Governance Page 80-81 Avient 2023 Proxy Statement Pages 14-16 |
102–28 |
Evaluating the highest governance body's performance |
Performance—Board of Directors Governance Page 80-81 Avient 2023 Proxy Statement Pages 49-53 |
Governance |
||
102–29 |
Identifying and managing economic, environmental, and social impacts |
Performance—Board of Directors Governance |
102–30 |
Effectiveness of risk management processes |
Performance—Board of Directors Governance; Enterprise Risk Management (ERM) Pages 79,80 Avient 2023 Proxy Statement Pages 46-47 |
102–31 |
Review of economic, environmental, and social topics |
Performance—Board of Directors Governance; Enterprise Risk Management (ERM) Avient 2023 Proxy Statement Page 46-47, 51 |
102–32 |
Highest governance body's role in sustainability reporting |
Message from the Governance and Corporate Responsibility Committee Page 4 Performance—Board of Directors Governance Page 80-81 Avient 2023 Proxy Statement Page 46-47, 51 |
102–33 |
Communicating critical concerns |
Performance—Board of Directors Governance Page 80-81 Avient 2023 Proxy Statement Page 46-48, 51 |
102–34 |
Nature and total number of critical concerns |
Avient 2022 Annual Report—Form 10-K Pages 56-57 |
102–35 |
Renumeration Policies |
Avient 2023 Proxy Statement Pages 66-72, 75-84 |
102–36 |
Process for determining renumeration |
Avient 2023 Proxy Statement Pages 66-72 |
102–37 |
Stakeholders' involvement in renumeration |
Avient 2023 Proxy Statement Pages 66-67 |
102 – 38 |
Annual total compensation ratio |
Avient 2023 Proxy Statement Page 85 |
Stakeholder Engagement |
||
102–40 |
List of stakeholder groups |
Engaging with Stakeholders Page 9 |
102–41 |
Collective bargaining agreements |
Workforce Demographics — Employee Representation Page 31 |
102–42 |
Identifying and selecting stakeholders |
Engaging with Stakeholders Page 9 |
102–43 |
Approach to stakeholder engagement |
Engaging with Stakeholders Page 9 |
102–44 |
Key topics and concerns raised |
Engaging with Stakeholders Page 9 |
Reporting Practice |
||
102–45 |
Entities included in the consolidated financial statements |
Avient 2022 Annual Report—Form 10-K Page 3 We operate in three reportable segments: (1) Color, Additives and Inks; (2) Specialty Engineered Materials; and (3) Distribution. |
102–46 |
Defining report content and topic boundaries |
The information in this report applies to Avient and all owned facilities, joint ventures, and operating companies globally within the reporting period, unless otherwise stated. In the case of our associates, all information pertain only to employees of Avient and its operating subsidiaries, unless otherwise noted. Environmental data covers all sites owned or operated by Avient in the reporting period. |
102–47 |
List of material topics |
People—Occupational Safety & Health; Management Approach Training and Development Page 24; Diversity & Inclusion Products—Product Stewardship; Supplier Collaboration Page 51, 54 Planet—Waste; Energy; Greenhouse Gas Emissions Pages 61, 63 Performance Page 74 |
102–48 |
Restatements of information |
EHS Metrics includes estimated full year performance of APM aquisition |
102–49 |
Changes in reporting |
No change |
102–50 |
Reporting period |
January 1, 2022 through December 31, 2022 |
102 – 51 |
Date of most recent report |
This is Avient's 5th sustainability report. |
102–52 |
Reporting cycle |
At minimum, biennial |
102–53 |
Contact point for questions regarding the report |
|
102–54 |
Claims of reporting in accordance with the GRI standards |
This report has been prepared in accordance with the GRI Standards: Core Option. |
Economic Topic Disclosures | ||
GRI 201: Economic | ||
103-1, 2 and 3 |
Management approach—GRI 103 |
Performance—Performance Overview Page 74 |
201–1 |
Direct economic value generated and distributed |
Avient 2022 Annual Report—Form 10-K Page 18-19 |
201–2 |
Financial implications and other risks and opportunities due to climate change |
Planet-Climate Change, Energy and Greenhouse Gas Emissions (GHG) Page 59 Performance—Enterprise Risk Management (ERM) Page 79 Avient 2022 Annual Report—Form 10-K Page 9-10 |
201–3 |
Defined benefit plan obligations and other retirement plans |
Avient 2022 Annual Report—Form 10-K Pages 24 & 41 |
GRI 205: Anti-Corruption |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
Performance—The Highest Ethical Standards Page 77 |
205–1 |
Operations assessed for risks related to corruption |
Products—Management Approach: Supplier Collaboration Page 54 Performance—The Highest Ethical Standards; Enterprise Risk Management (ERM) Pages 77,79 |
205–2 |
Communication and training about anti-corruption policies and procedures |
Performance—The Highest Ethical Standards Page 77 |
205–3 |
Confirmed incidents of corruption and actions taken |
There were no incidents of corruption in 2022. |
GRI 206: Anti-Competitive Behavior |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
|
206–1 |
Legal actions for anti-competitive behavior, anti-trust, and monopoly practices |
No legal actions were brought against Avient for anti-competitive behavior, anti-trust, or monopoly practices in 2022. |
Environmental Topic Disclosures | ||
GRI 301: Materials |
||
301–1 |
Materials used by weight or volume |
About Avient—What We Do: Material Science Page 13 Avient 2022 Annual Report—Form 10-K Page 3 |
301–2 |
Recycled input materials used |
|
301–3 |
Reclaimed products and their packaging materials |
|
GRI 302: Energy |
||
103-1, 2 and 3 |
Management approach – GRI 103 |
Planet—Protecting Our Planet; Climate Change Page 58-59 https://www.avient.com/company/sustainability/planet/environmental-stewardship |
302-1 |
Energy consumption within the organization |
Planet—Protecting Our Planet; Climate Change Pages 58-59 Metrics and Index—People and Planet Data and Metrics Page 85 |
302-2 |
Energy consumption outside of the organization |
Planet—Protecting Our Planet; Climate Change Pages 58-59 Metrics and Index—People and Planet Data and Metrics Page 85 |
302-3 |
Energy intensity |
Metrics— Planet Data and Metrics Page 85 Our energy intensity evaluates all energy usage within the organization. |
302-4 |
Reduction of energy consumption |
Planet—Protecting Our Planet; Climate Change Page 58-59 Metrics —People and Planet Data and Metrics Page 85 |
302-5 |
Reductions in energy requirements of products and services |
Products—How Our Products Enable Sustainability page 44 Metrics and Index—People and Planet Data and Metrics Page 85 |
GRI 303: Water and Effluents |
||
303-1 |
Interactions with water as a shared resource |
Planet—Climate Change: Water Intensity and Biodiversity Pages 59, 66 https://www.avient.com/company/sustainability/planet/environmental-stewardship |
303-3 |
Water withdrawal |
Planet—Climate Change: Water Intensity and Biodiversity Pages 59,66 Metrics —People and Planet Data and Metrics Page 87 |
GRI 305: Emissions |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
Planet—Protecting Our Planet; Climate Change Pages 58,59 Metrics —People and Planet Data and Metrics Page 84-87 |
305-1 |
Direct (Scope 1) GHG emissions |
Planet—Protecting Our Planet; Climate Change Pages 58,59 Metrics —People and Planet Data and Metrics Page 86 |
305-2 |
Energy indirect (Scope 2) GHG emissions |
Planet—Protecting Our Planet; Climate Change Pages 58, 59 Metrics —People and Planet Data and Metrics Page 86 |
305-3 |
Other indirect (Scope 3) GHG emissions |
Planet—Protecting Our Planet; Climate Change Pages 58, 59 Metrics—People and Planet Data and Metrics Page 86 |
305-4 |
GHG emissions intensity |
Planet—Protecting Our Planet; Climate Change Pages 58, 59 Metrics—People and Planet Data and Metrics Page 86 |
305-5 |
Reduction of GHG emissions |
Planet—Protecting Our Planet; Climate Change Page 58, 59 Metrics—People and Planet Data and Metrics Page 86 |
305-7 |
Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions |
Planet— Conventional Air Emissions Page 67 Metrics—Planet Data and Metrics Page 86 |
GRI 306: Waste |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
Planet—Waste All Sections Pages 63-64 https://www.avient.com/company/sustainability/planet/environmental-stewardship |
306-1 |
Waste generation and significant waste-related impacts |
Planet—Waste All Sections Pages 63-64 |
306-2 |
Management of significant waste-related impacts |
Planet—Waste All Sections Pages 63-64 |
306-3 |
Waste generated |
Planet—Waste All Sections Pages 63-64 Metrics—Planet Data and Metrics Page 86 |
306-4 |
Waste diverted from disposal |
Planet—Waste All Sections Pages 63-64 Metrics— Planet Data and Metrics Page 86 |
306-5 |
Waste directed to disposal |
Planet—Waste All Sections Pages 63-64 Metrics—Planet Data and Metrics Page 86 |
GRI 307: Environmental Compliance |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
People—Management Approach: EH&S Page 19 Products—Management Approach: Product Stewardship Page 51 Planet—Protecting Our Planet Page 58 Avient 2022 Annual Report—Form 10-K Pages 6-7 https://www.avient.com/company/sustainability/planet/environmental-stewardship |
307-1 |
Non-compliance with environmental laws and regulations |
Products—Management Approach: Product Stewardship Page 51 Avient 2022 Annual Report—Form 10-K Pages 6-7 |
GRI 308: Supplier Environmental Assessment |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
Products—Management Approach: Supplier Collaboration Page 54 |
308-1 |
New suppliers that were screened using environmental criteria |
Products—Management Approach: Supplier Collaboration Page 54 |
308-2 |
Negative environmental impacts in the supply chain and actions taken |
Products—Management Approach: Supplier Collaboration Page 54 |
Social Topic Disclosures | ||
GRI 401: Employment |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
People—Management Approach: Training and Development; Page 24; Diversity & Inclusion: Leading from the Top Page 26; and Management Approach: Diversity & Inclusion |
401-1 |
New employee hires and employee turnover |
People—Workforce Demographics page 31 We hired 1,529 new associates in 2022. |
401-2 |
Benefits provided to full-time employees that are not provided to temporary or part-time employees |
People—Associate Benefits/Awards and Recognition Programs; Health and Wellness Pages 32, 34 |
401-3 |
Parental leave |
People—Health and Wellness Page 34 |
GRI 403: Occupational Health & Safety |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
People—Management Approach: EH&S Page 19 Avient 2022 Annual Report—Form 10-K Pages 5-7 Avient's Position on Human Rights https://www.avient.com/company/sustainability/planet/environmental-stewardship |
403-1 |
Occupational health and safety management system |
People—Management Approach: EH&S Page 19 People—Occupational Safety & Health Page 21 Avient 2021 Annual Report—Form 10-K 6-7 https://www.avient.com/company/sustainability/planet/environmental-stewardship |
403-2 |
Hazard identification, risk assessment, and incident investigation |
People—Management Approach: EH&S Page 19 https://www.avient.com/company/sustainability/planet/environmental-stewardship |
403-3 |
Occupational health services |
|
403-4 |
Worker participation, consultation, and communication on occupational health and safety |
People—Management Approach: EH&S Page 19 https://www.avient.com/company/sustainability/planet/environmental-stewardship |
403-5 |
Worker training on occupational health and safety |
People—Management Approach: EH&S; Management Approach: Training and Development Pages 19, 24 |
403-6 |
Promotion of worker health |
People—Occupational Safety & Health; Health and Wellness Pages 21,34 |
403-7 |
Prevention and mitigation of occupational health and safety impacts directly linked by business relationships |
People—Management Approach: EH&S Page 19 Products—Management Approach: Product Stewardship; Management Approach: Supplier Collaboration Pages 51, 54 Avient 2022 Annual Report—Form 10-K Pages 5-7 https://www.avient.com/company/sustainability/planet/environmental-stewardship |
403-8 |
Workers covered by an occupational health and safety management system |
People—Management Approach: EH&S Page 19 Avient 2022 Annual Report—Form 10-K Pages 5-7 |
403-9 |
Work-related injuries |
People—Management Approach: EH&S Page 19 Avient 2022 Annual Report—Form 10-K Pages 5-7 Metrics—People and Planet Data and Metrics Pages 84-85 |
403-10 |
Work-related ill health |
People—Management Approach: EH&S Page 19 Avient 2022 Annual Report—Form 10-K Pages 5-7 Metrics—People and Planet Data and Metrics Pages 84-85 |
GRI 404: Training & Education |
||
10-1, 2 and 3 |
Management approach—GRI 103 |
People—Management Approach: Training and Development Page 24 |
404-1 |
Average hours of training per year per employee |
People—Career Training and Performance Feedback Pages 24,25 In 2022, associates received 142,000 hours of training through a variety of delivery methods. Some associates receive additional training based on their role, such as Lean Six Sigma, Customer Centric Selling, and Core Leadership. |
404-2 |
Programs for upgrading employee skills and transition assistance programs |
People—Career Training and Performance Feedback Page 35 |
404-3 |
Percentage of employees receiving regular performance and career development reviews |
People—Career Training and Performance Feedback Page 35 |
GRI 405: Diversity and Equal Opportunity |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
People—Management Approach: Diversity & Inclusion; Diversity and Inclusion: Leading from the Top Pages 26, 31 |
405-1 |
Diversity of governance bodies and employees |
People—Workforce Demographics; Diversity and Inclusion: Leading from the Top Pages 26, 31 |
GRI 406: Non-discrimination |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
|
406-1 |
Incidents of discrimination and corrective actions taken |
People-Management Approach: Training and Development; Management Approach: Diversity & Inclusion Pages 24, 27 As outlined in our Code of Conduct, Avient has no tolerance for discrimination or harassment of any kind based on racial, religious, sexual or ethnic differences or on any other legally protected characteristics. Allegations of discrimination or harassment are promptly investigated, and appropriate corrective action is taken for any violations of this ethical standard. |
GRI 407: Freedom of Association and Collective Bargaining |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
Products—Management Approach: Supplier Collaboration Page 54 Avient's Position on Human Rights Page 33 |
407-1 |
Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk |
Products—Management Approach: Supplier Collaboration page 54 To our knowledge, within Avient's operations the right to freedom of association and collective bargaining continue to remain compliant with all statutory requirements. Suppliers are expected to comply with our Supplier Code of Conduct. |
GRI 408: Child Labor |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
Products—Management Approach: Supplier Collaboration Page 54 Avient's Position on Human Rights Page 33 |
408-1 |
Operations and suppliers at significant risk for incidents of child labor |
Products—Management Approach: Supplier Collaboration Page 54 To our knowledge, within Avient's operations there is no significant risk of child labor. Suppliers are expected to comply with our Supplier Code of Conduct. |
GRI 409: Forced or Compulsory Labor |
||
103-1, 2 and 3 |
Management approach – GRI 103 |
Products—Management Approach: Supplier Collaboration Page 54 Avient's Position on Human Rights Page 33 |
409-1 |
Operations and suppliers at significant risk for incidents of forced or compulsory labor |
Products—Management Approach: Supplier Collaboration Page 54 To our knowledge, within Avient's operations there is no significant risk of incidents of forced or compulsory labor. Suppliers are expected to comply with our Supplier Code of Conduct. |
GRI 412: Human Rights Assessment |
||
412-2 |
Employee training on human rights policies or procedures |
Performance—The Highest Ethical Standards Page 77 |
GRI 413: Local Communities |
||
413-1 |
Operations with local community engagement, impact assessments, and development programs |
|
413-2 |
Operations with significant actual and potential negative impacts on local communities |
Planet—Community Service; Community Engagement Page 69 To our knowledge, within Avient's operations there are no significant actual or potential negative impacts on local communities. |
GRI 414: Social Supplier Assessment |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
Products—Management Approach: Supplier Collaboration Page 54 |
414-1 |
New suppliers that were screened using social criteria |
Products—Management Approach: Supplier Collaboration Page 54 |
414-2 |
Negative social impacts in the supply chain and actions taken |
Products—Management Approach: Supplier Collaboration Page 54 |
GRI 415: Public Policy |
||
415-1 |
Political contributions |
Planet—Political Contributions Page 69 |
GRI 416: Customer Health and Safety |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
|
416-1 |
Assessment of the health and safety impacts of product and service categories |
|
416-2 |
Incidents of non-compliance concerning the health and safety impacts of products and services |
|
GRI 417: Marketing and Labeling |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
|
417-1 |
Requirements for product and service information and labeling |
|
417-2 |
Incidents of non-compliance concerning product and service information and labeling |
|
417-3 |
Incidents of non-compliance concerning marketing communications |
|
GRI 418: Customer Privacy |
||
103-1, 2 and 3 |
Management approach—GRI 103 |
People—Security Page 23 |
418-1 |
Substantiated complaints concerning breaches of customer privacy and losses of customer data |
There have been zero substantiated complaints concerning breaches of customer privacy and losses of customer data for this reporting period. |
GRI 419: Socio Economic Compliance |
||
419-1 |
Non-compliance with laws and regulations in the social and economic area |
To our knowledge, within Avient's operations, there is material compliance to all applicable laws and regulations in the social and economic areas. |