Avient is focused on our goal of zero recordable injuries and our ongoing desire to integrate safety into all aspects of our organization. Progress toward this goal is measured at the Business Unit and regional levels, and progress toward zero recordable injuries is communicated globally and linked to a number of recognition mechanisms.
A zero recordable injury goal reflects Avient’s focus on the People aspect of our 4P sustainability cornerstones. In 2022, we maintained world class safety performance with a recordable incident rate of 0.51, which is more than six times better than the U.S. Rubber and Plastics Manufacturers industry average. Until that number is zero, we have more work to do. Additional detail, systems, and performance metrics are provided in the Occupational Health & Safety section of this report.
To quantify risk and reduce it over time, Avient monitors several key performance indicators on a regular basis: Total Recordable Incident Rate (TRIR), Lost Time Injury/Illness Rate (LTIR), Severity Rate (SR) and Injuries of High Consequence (IOHC).
These rates are compiled globally and reported on a monthly basis to all leadership personnel in the company. As Avient is focused on its ultimate goal of zero recordable injuries and our ongoing desire to integrate safety into all aspects of our operations, we track annual reduction goals measured at the business unit and regional levels. Progress toward zero recordable injuries is communicated globally and celebrated.
Leading indicators are also tracked to ensure efforts to identify and eliminate risk proactively continue. These leading indicators include the continuous monitoring of progress on corrective and preventive actions, the number of risk assessments performed, details on the amount of risk eliminated or mitigated, the number of safety improvements submitted and implemented, the participation rate in safety engagement activities, the number of internal audits conducted and participation rates of Global Safety Day activities.
For 2022, we added ESG performance metrics to our associates’ Annual Incentive Plan. Metrics include: employee engagement, safety, sustainable solutions, waste to landfill intensity and energy intensity.