2030 Sustainability Goals

Avient was proud to announce our 2030 Sustainability Goals two years ago to share our commitment to drive sustainability for all of our stakeholders. We assembled internal Sustainability teams to drive initiatives and workstreams to meet these targets, and we remain committed to aggressively pursuing their attainment through internal rigor, investment and innovation. Learn more about our approaches to accomplishing these commitments throughout this report.

By 2030, Avient will enable 100% of our products manufactured for packaging applications to be recyclable or reusable or compostable to advance the circular economy.

Update:

Approximately 90% of Avient’s products met this criteria in 2021; however, it is estimated that only 9% of the world’s plastic is recycled by end users.

By 2030, Avient will deliver cumulative annual revenue growth from our Sustainable Solutions portfolio of 8–12% with 2020 as a baseline.

Update:

In 2021, our sustainable solutions portfolio grew by 16% over prior year.
Since 2016, we have grown 12% annually.

By 2030, Avient will obtain directly or contract for 60% of its electricity demand from renewable sources and 100% renewable electricity by 2050.

Update:

44% of Avient’s electricity demand globally was from renewable sources in 2021, up from 0.69% in 2019, and 31% in 2020.
Avient became a member of the RE100 initiative in 2021, committing to achieve 60% renewable electricity by 2030 and 100% by 2050.

By 2030, Avient will reduce waste to landfill by 35% from the 2019 baseline.

Update:

In 2021 we reduced our waste to landfill by 6% versus our 2019 baseline.

By 2030, Avient will reduce Scope 1 & 2 greenhouse gas (GHG) emissions by 60% with 2019 as a baseline and achieve operational carbon neutrality by 2050.

Update:

We have reduced our Scope 1 & 2 GHG emissions by 40% in 2021 versus our 2019 baseline.

By 2030, to ensure alignment with Avient’s expectations on environmental, social and governance requirements, Avient will assess its top suppliers representing 90% of our total raw material costs.

Update:

52% of our top suppliers have been assessed through the end of 2021.

As a founding member of the Alliance to End Plastic Waste, Avient will collaborate to develop and implement solutions to end plastic waste with over 65 members across the value chain. The Alliance will invest $1.5 billion over five years in innovation, infrastructure, education and clean-up.

Update:

The Alliance is executing on 61 projects in 31 countries, with an estimated cumulative impact of diverting and/or recycling 799 KT of plastic waste by 2025.