Since 2021, Avient has actively participated in the United Nations Global Compact, a voluntary leadership platform dedicated to responsible business practices. As a member, we align our operations and strategies with ten universally accepted principles covering human rights, labor, environment, and anti-corruption. These principles guide Avient’s commitment to sustainable development and its contribution to the global goals outlined in the Sustainable Development Goals (SDGs). Avient has identified and mapped the SDGs most relevant to its sustainability goals and business model, focusing on areas where its innovation capabilities can have the greatest impact.
3: Ensure healthy lives and promote well-being for all, at all ages
Avient is committed to providing a safe and healthy workplace for employees. We also provide our customers with innovative healthcare technologies that prevent and reduce the spread of germs and illness. From labware for diagnostic testing to protective equipment and sterile packaging to ventilators and medical devices, plastics are a crucial tool in saving lives and improving health and safety in our communities. As the focus on sustainability continues to grow in the healthcare industry, Avient has continued to evolve our portfolio to meet our customers’ needs. Our portfolio is designed to help our customers overcome healthcare challenges with durable, lightweight, eco-conscious and lower carbon footprint materials. As a founding member of the Alliance to End Plastic Waste, Avient will continue collaborating to develop and implement solutions to promote infrastructure, education, innovation, and clean-up efforts.
7: Ensure access to affordable, reliable, sustainable, modern energy for all
Reducing consumption from non-renewable energy sources is a key part of Avient’s path to carbon neutrality by 2050. We set an interim 2030 goal to attain 60% of our electricity from renewable sources. In 2023, we met this goal reaching 62% electricity being from renewable sources by leveraging virtual power purchase agreements among other sourcing initiatives.
9: Build resilient infrastructure, promote inclusive & sustainable industrialization and foster innovation
Avient’s portfolio of RENEW solutions are designed to advance the circular economy. These solutions help enable customers to achieve their sustainability goals by increasing the use of post customer recycled (PCR) and post industrial recycled (PIR) content, enabling recyclability, increasing adoption of biopolymers and minimizing plastic waste. Avient’s portfolio of REDUCE solutions include design and materials solutions that enable customers to reduce weight, energy consumption and emissions. Avient’s portfolio of PRESERVE sustainable solutions are designed to preserve natural resources like water, protect human health and safety, and enable sustainable infrastructure.
12: Ensure sustainable consumption and production patterns
At Avient, we are focused on continuous process improvement and optimizing resource utilization. We are committed to the ACC Responsible Care Initiative and its guiding principles. Our annual goal of reducing waste to landfill intensity by 3%, as well as annual incentives, are designed to encourage facilities to eliminate waste generation and identify beneficial uses for their remaining waste streams. In 2023, we were able to further optimize operations through executing over 80 waste minimization projects around the world. Additionally, 47 of our manufacturing sites globally sent no waste to landfills in 2023. We are dedicated to ensuring 100% of our products manufactured for packaging applications will be recyclable or reusable, reaching 91% in 2023.
13: Take urgent action to combat climate change and its impacts
At Avient, we recognize the negative impacts of climate change, and we are working to reduce our company footprint. We have set a goal to reduce Scope 1 & 2 greenhouse gas (GHG) emissions by 55% and achieve operational carbon neutrality by 2050. In 2023, we reduced GHG emissions by 48%. While we remain focused on achieving our 2030 GHG and energy goals, we believe further actions and strong leadership are critical to addressing climate change and ensuring a stable and sustainable planet. That is why, in support of the objectives of the Paris Agreement, we announced our ambition to achieve operational carbon neutrality by 2050 and aligned goals with our RE100 commitment. We know the path to achieving carbon neutrality will not be easy. We have been working with internal and external stakeholders to understand how we can achieve our goal to become carbon neutral in line with climate science.