Stratasys Issues Third ESG and Sustainability Report
Stratasys highlights achievements in environmental, social, and governance initiatives.
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December 20, 2024
Stratasys Ltd. has announced publication of its third Mindful Manufacturing ESG (Environment, Social, and Governance) and Sustainability Report. Prepared in accordance with the Global Reporting Initiative (GRI) and referencing SASB (Sustainability Accounting Standards Board) standards, the report underscores Stratasys’ commitment to ESG excellence and enterprise risk management through corporate governance, a people-first approach, social impact, and environmental stewardship, Stratasys says.
Aligned with its Mindful Manufacturing strategy, Stratasys has introduced carbon reduction initiatives across its product portfolio, and supply chain. These efforts aim to help customers use additive manufacturing (AM) for more carbon-efficient production, enabling them to meet environmental targets while optimizing operations, according to Stratasys.
Key highlights from the report include the implementation of robust ESG infrastructures, supported by data collection practices, global certifications, and transparent reporting frameworks. Achievements, categorized by focus area, are outlined as follows:
Environmental
- 778,365 kWh of renewable energy consumed, totaling 554 tons CO2-e of avoided greenhouse gas (GHG) emissions, equivalent to planting 8,991 trees
- 11.7% reduction in water intensity (m3 / ft2)
- 15.5% reduction in GHG emissions intensity (TCO2-e / ft2)
- Launched the Certified Pre-Owned (CPO) printer program to refurbish and resell used printers
- 590 tons of used products and components were reused through Stratasys’ Recycling & Returns programs
Social
- Equal Parent Policy established to encourage parents of all genders to take parental leave, which led to a 17% increase in employees—mostly male—taking leave
- Launched the company’s Strategic Industrial Customer Advisory Board, a forum of industry customers
- 33,713 training hours provided to employees, at an average of 16.5 hours per employee; 73% of the hours were dedicated to professional and personal development
Governance
- Zero confirmed incidents of corruption
- Zero substantiated data leaks
- Zero incidents of product health and safety noncompliance
In related news, Stratasys announces the appointment of S. Scott Crump—long-standing director, Stratasys co-founder, member of the Stratasys board of directors, and inventor of the company’s FDM fused deposition modeling printing technology—as the company’s ESG and climatecChampion.
“I am honored to bring over 35 years of innovation to a space where additive manufacturing drives sustainable production,” says Crump. “At Stratasys, we empower our customers to scale this technology in ways that positively impact people, the planet, and their businesses.”
“Stratasys is uniquely positioned to deliver impactful decarbonization solutions at a critical time. As customers face the need to reduce dependency on global supply chains, embrace localized and agile production, and address climate challenges, 3D printing-through our Mindful Manufacturing strategy-emerges as a game changer,” says Rosa Coblens, vice president, Sustainability, Stratasys.
Click here to download the full report.
Click here for a sheet detailing Stratasys' sustainability achievements.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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