Potential offtaker

Avient Corporation

www.avient.com

Estimated electricity consumption

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Countries of production presence

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Avient Corporation is a leading provider of specialized polymer materials and services, operating in the Plastic Matl & Forms Whslrs sector. The company is headquartered in the United States of America and has a global presence, serving customers in various industries such as healthcare, transportation, packaging, and consumer goods. Avient Corporation has a strong commitment to sustainability and has been actively working towards decarbonisation and reducing its carbon footprint.

One of the key areas of focus for Avient Corporation is corporate energy. The company has been investing in renewable energy sources such as wind and solar to power its operations. Avient Corporation has set a target to reduce its greenhouse gas emissions by 25% by 2025, and renewable energy plays a crucial role in achieving this goal. The company has also been exploring various energy efficiency measures to reduce its energy consumption and costs.

Corporate Power Purchase Agreements (PPAs) have been a key strategy for Avient Corporation to increase its renewable energy usage. PPAs are long-term contracts between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price. Avient Corporation has signed several PPAs with wind and solar energy providers, which have enabled the company to increase its renewable energy usage significantly. The company has also been exploring virtual PPAs, which allow companies to purchase renewable energy from off-site sources.

In addition to investing in renewable energy, Avient Corporation has been actively working towards decarbonisation. The company has set a target to reduce its Scope 1 and 2 emissions by 25% by 2025. Scope 1 emissions are direct emissions from the company's operations, such as fuel combustion, while Scope 2 emissions are indirect emissions from the electricity the company purchases. Avient Corporation has been implementing various measures to reduce its emissions, such as improving energy efficiency, switching to cleaner fuels, and investing in renewable energy.

Avient Corporation's commitment to sustainability extends beyond its own operations. The company has been working with its suppliers to reduce their environmental impact and improve their sustainability practices. Avient Corporation has set a target to have 80% of its suppliers participate in its sustainability program by 2025. The program includes various initiatives such as reducing waste, improving energy efficiency, and increasing the use of renewable energy.

Avient Corporation's sustainability efforts have been recognized by various organizations. The company has been included in the Dow Jones Sustainability Index for North America for five consecutive years. The index recognizes companies that demonstrate leadership in sustainability and environmental performance. Avient Corporation has also been recognized by the Carbon Disclosure Project (CDP) for its efforts to reduce its carbon footprint. The CDP is a global organization that works with companies to measure and disclose their environmental impact.

In conclusion, Avient Corporation is a leading provider of specialized polymer materials and services, operating in the Plastic Matl & Forms Whslrs sector. The company has a strong commitment to sustainability and has been actively working towards decarbonisation and reducing its carbon footprint. Avient Corporation has been investing in renewable energy sources such as wind and solar to power its operations and has signed several corporate PPAs to increase its renewable energy usage. The company has set a target to reduce its greenhouse gas emissions by 25% by 2025 and has been implementing various measures to achieve this goal. Avient Corporation's sustainability efforts have been recognized by various organizations, demonstrating its leadership in sustainability and environmental performance.