C11.1
(C11.1) Are any of your operations or activities regulated by a carbon pricing system (i.e. ETS, Cap & Trade or Carbon Tax)? No, and we do not anticipate being regulated in the next three years
(C11.2) Has your organization originated or purchased any project-based carbon credits within the reporting period? No
C11.3
(C11.3) Does your organization use an internal price on carbon? No, but we anticipate doing so in the next two years
C12. Engagement
C12.1
(C12.1) Do you engage with your value chain on climate-related issues? Yes, our suppliers
Yes, our customers
C12.1a
(C12.1a) Provide details of your climate-related supplier engagement strategy. Type of engagement
Compliance & onboarding Details of engagement
Code of conduct featuring climate change KPIs % of suppliers by number
100
% total procurement spend (direct and indirect) 100
% of supplier-related Scope 3 emissions as reported in C6.5 82.86
Rationale for the coverage of your engagement
The countries and communities where we operate, as well as the world at large, are impacted by our operations, our products, and our people. The breadth and impact of our operations coupled with our high ethical standards require us to pursue highly sustainable solutions. Part of the way that we’ve integrated those standards into our business is through our Supplier Code of Conduct that covers our entire supplier network. The main objective for our Supplier Code of Conduct communications is to help set expectations with our suppliers around economic, social, and environmental performance. All our suppliers go through a vendor approval process that incorporates the communication of this Supplier Code of Conduct and the majority of large suppliers are audited though a 3rd party partner.
Impact of engagement, including measures of success
We identify measures of success not only through our established vendor approval process that includes climate-change related communications, but also through the success of our Sustainable Solutions portfolio. As we continue to engage with our suppliers to ensure more sustainable raw materials are integrated within our products, the better we are able to serve our customers within this space. We have seen a 14% increase in revenues from this part of our business and will continue to measure our success of engagement in a similar manner.
Comment
(C12.1b) Give details of your climate-related engagement strategy with your customers. Type of engagement
Collaboration & innovation Details of engagement
Run a campaign to encourage innovation to reduce climate change impacts % of customers by number
100
% of customer - related Scope 3 emissions as reported in C6.5 0
Portfolio coverage (total or outstanding) <Not Applicable>
Please explain the rationale for selecting this group of customers and scope of engagement
We enable our customers’ sustainability goals through material science. We have eight primary ways to do this, by combining our material science expertise with the inherent sustainable benefits of polymers: light-weighting, reduced energy use, volatile organic compound reduction, improved recyclability, bio-derived content, eco- conscious composition, renewable energy applications and reduced material requirements. Our products and their impact can be found making a positive difference in nearly every industry such as: • Delivering light-weighting benefits in rail, auto, and aerospace to improve fuel efficiency • Extending shelf-life and recyclability or food and beverage packaging to reduce spoilage and waste • Advancing healthcare innovation of medical devices with materials that enable disinfection as well as minimize the spread of infection • In addition, specialized polymer and composite solutions are also helping ensure that customers’ sustainable products come to life, as Avient materials can be used in the design of innovative renewable technologies such as wind turbines and solar panels. Because of the broad base of positive impact engagement with our customers can have, we have structured our engagement to include all of our customers.
Impact of engagement, including measures of success
Avient began tracking Sustainable Solutions portfolio’s success in 2012. Our revenues from that portfolio have grown from 2.81% in 2012 to over 14% in 2019. Part of this increase in revenue is directly related to the way we’re engaging with our customers to further understand the value of this portfolio, particularly in terms of climate-change impacts. We expect that revenue from this portfolio will continue to grow as our specialization efforts mature.
C12.3
(C12.3) Do you engage in activities that could either directly or indirectly influence public policy on climate-related issues through any of the following? Trade associations
C12.3b
(C12.3b) Are you on the board of any trade associations or do you provide funding beyond membership? No
C12.3f
(C12.3f) What processes do you have in place to ensure that all of your direct and indirect activities that influence policy are consistent with your overall climate change strategy?
At Avient, we understand that it’s important to ensure that our activities that influence policy are also consistent with our overall climate change strategy. Therefore, we have established a group of leaders that have insight across our broader business functions, including our policy group, that are directly responsible with management of climate- related strategies. By creating this nexus point, we ensure that these two groups have the opportunity to collaborate and ensure consistency.
Additionally, the VP of Sustainability works up through the Board of Directors and down through the organization via the Sustainability Council to ensure that our policy action and climate-change strategy are aligned and consistent.
(C12.4) Have you published information about your organization’s response to climate change and GHG emissions performance for this reporting year in places other than in your CDP response? If so, please attach the publication(s).
Publication
In voluntary communications Status
Underway – previous year attached Attach the document
SustainabilityReport2018.pdf Page/Section reference
2018 Sustainability Report references (2019 Report will be published in October 2020): p.37 How Our Products Enable Sustainability p.51 Case Studies p.56 Product Stewardship p.60 Environmental Stewardship p.62 Energy and Emissions + Figures p.65 Renewable Energy and Goals
Content elements Governance Strategy
Risks & opportunities Emissions figures Emission targets Comment
2019 sustainability report will be available in October 2020. Publication
In mainstream reports Status
Complete
Attach the document PolyOne 2019 Annual Report.pdf Page/Section reference
Section Planet, Page 11, Scope 2 carbon dioxide emission Reduction Target Content elements
Emission targets Comment
C15. Signoff
C-FI
(C-FI) Use this field to provide any additional information or context that you feel is relevant to your organization's response. Please note that this field is optional and is not scored.
We encourage you to read Avient's 2019 Sustainability Report for more information related to the broader spectrum of our corporate social responsibility efforts. It can be found at: https://www.polyone.com/company/sustainability
C15.1
(C15.1) Provide details for the person that has signed off (approved) your CDP climate change response.
Job title Corresponding job category
Row 1 VP Sustainability Chief Sustainability Officer (CSO)