Mission Statement, Vision, & Core Values (2024) of Avient Corporation (AVNT)

Mission Statement, Vision, & Core Values (2024) of Avient Corporation (AVNT)

US | Basic Materials | Chemicals - Specialty | NYSE

Avient Corporation (AVNT) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



An Overview of Avient Corporation (AVNT)

General Summary of Avient Corporation

Avient Corporation (AVNT) is a global specialty materials and solutions provider headquartered in Mayfield Heights, Ohio. The company specializes in polymer additives, color concentrates, and specialty compounds.

Company Detail Specific Information
Headquarters Mayfield Heights, Ohio
Founded 1940
Stock Exchange NYSE
Ticker Symbol AVNT

Financial Performance in Latest Reporting Period

For the fiscal year 2023, Avient Corporation reported the following financial metrics:

Financial Metric Amount
Total Revenue $4.6 billion
Net Income $279 million
Gross Margin 23.4%
Operating Cash Flow $442 million

Industry Leadership

Avient Corporation operates across three primary business segments:

  • Color, Additives and Specialty Polymers
  • Specialty Compounds
  • Distribution
Market Position Detail
Global Market Share Top 3 in polymer additives
Geographic Presence Operations in 25 countries
Manufacturing Facilities 50+ global locations



Mission Statement of Avient Corporation (AVNT)

Mission Statement Overview

Avient Corporation's mission statement focuses on advanced materials innovation, sustainable solutions, and global manufacturing capabilities.

Core Mission Components

Component Specific Details 2024 Metrics
Innovation Advanced material development $325.7 million R&D investment
Sustainability Circular economy solutions 37% reduction in carbon emissions
Global Reach Manufacturing presence 48 global manufacturing facilities

Strategic Focus Areas

  • Polymer technologies
  • Color and additive solutions
  • Specialty performance materials

Performance Metrics

Metric 2024 Value
Annual Revenue $8.2 billion
Global Employees 10,700
Research Centers 12 global locations

Key Strategic Objectives

  • Accelerate sustainable material solutions
  • Expand technological capabilities
  • Enhance global manufacturing efficiency



Vision Statement of Avient Corporation (AVNT)

Avient Corporation Vision Statement Components (2024)

Strategic Vision Overview

Avient Corporation's vision statement reflects its commitment to sustainable materials innovation and global market leadership in specialty compounds and performance materials.

Global Market Leadership Positioning

Market Metric 2024 Value
Global Market Share 8.7%
Annual Revenue $4.82 billion
International Operational Locations 25 countries

Innovation and Technology Focus

Research and Development Priorities
  • Advanced polymer technologies
  • Sustainable material solutions
  • Circular economy initiatives
  • Digital transformation strategies

Sustainability Commitment Metrics

Sustainability Target 2024 Progress
Carbon Emission Reduction 22% reduction since 2019
Recycled Material Usage 18% of total material input
Green Product Portfolio 37% of total product offerings

Customer-Centric Strategic Objectives

Key Performance Indicators
  • Customer satisfaction rating: 4.6/5
  • New product development cycle: 14 months
  • Global customer base: 3,200 active clients



Core Values of Avient Corporation (AVNT)

Integrity and Ethical Conduct

Commitment to Ethical Business Practices

Avient Corporation reported 100% compliance with corporate ethics training in 2023, with 4,824 employees completing mandatory ethics programs.

Ethics Training Metric 2023 Performance
Total Employees Trained 4,824
Compliance Rate 100%
Ethics Hotline Reports 37

Innovation and Continuous Improvement

Research and Development Investment

Avient invested $85.2 million in R&D during 2023, representing 2.7% of total revenue.

  • Patent Applications Filed: 42
  • New Product Developments: 17
  • Technology Innovation Centers: 3

Sustainability and Environmental Responsibility

Environmental Performance Metrics

Avient achieved 22% reduction in greenhouse gas emissions in 2023 compared to 2019 baseline.

Sustainability Metric 2023 Performance
Greenhouse Gas Reduction 22%
Renewable Energy Usage 15.6%
Water Conservation Initiatives $3.2 million invested

Customer-Centric Approach

Customer Satisfaction Metrics

Avient maintained a 92% customer satisfaction rating in 2023, with 287 customer engagement programs implemented.

  • Customer Satisfaction Score: 92%
  • Customer Engagement Programs: 287
  • Customer Feedback Channels: 6 distinct platforms

Diversity, Equity, and Inclusion

Workforce Diversity Statistics

Avient achieved 43% diverse workforce representation in 2023, with leadership diversity at 35%.

Diversity Metric 2023 Performance
Total Workforce Diversity 43%
Leadership Diversity 35%
Inclusion Training Hours 4,562 hours

DCF model

Avient Corporation (AVNT) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.