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Stratasys Releases Third ESG and Sustainability Report, Strengthens Commitment to Sustainable Additive Manufacturing
Stratasys Ltd. (NASDAQ: SSYS), a leading provider of 3D printing solutions, has unveiled its third Mindful Manufacturing ESG (Environment, Social, and Governance) and Sustainability Report. This report, developed in alignment with the Global Reporting Initiative (GRI) and referencing Sustainability Accounting Standards Board (SASB) criteria, highlights the companys advancements in sustainable practices and ESG initiatives. Stratasys aims to solidify its role as a preferred supplier for environmentally responsible additive manufacturing (AM) solutions.The Israeli company has made notable strides in reducing its environmental footprint. Stratasys consumed 778,365 kWh of renewable energy, resulting in the avoidance of 554 tons of CO-equivalent greenhouse gas emissionsequivalent to planting nearly 9,000 trees. Additionally, water intensity decreased by 11.7%, and greenhouse gas emissions intensity saw a 15.5% reduction. They also expanded its Certified Pre-Owned (CPO) printer program, refurbishing and reselling used printers, and achieved ISO 14001 Environmental Management Certification in both Israel and the EMEA region. Through its Recycling & Returns programs, the company reused 590 tons of products and components.On the social front, Stratasys implemented an Equal Parent Policy, encouraging parental leave across all genders, which led to a 17% increase in employees, predominantly male, taking leave. Employee engagement remains high, with a survey score of 73, supported by 33,713 training hours focused on professional and personal development. The company also established a Strategic Industrial Customer Advisory Board to foster collaboration with industry-leading clients.Sustainability Achievements. Image via Stratasys.Leadership and Innovation Drive Sustainability GoalsScott Crump, co-founder and newly appointed ESG & Climate Champion at Stratasys, emphasized the integration of innovation with sustainable manufacturing. I am honored to bring over 35 years of innovation to a space where additive manufacturing drives sustainable production, Crump stated. His role focuses on advancing research and development for carbon-conscious offerings.Rosa Coblens, Vice President of Sustainability, highlighted the companys strategic positioning in the market. Stratasys is uniquely positioned to deliver impactful decarbonization solutions at a critical time. Our Mindful Manufacturing strategy is a game changer for sustainable 3D printing, she explained. Coblens underscored the importance of collaboration with employees and key industry partners in achieving environmental goals.Stratasys introduced the SAF ReLife solution, which repurposes waste PA12 powder from powder bed fusion printers into high-quality production parts. This initiative not only reduces manufacturing costs but also cuts the carbon footprint by up to 89%. Additionally, GrabCAD Print now features emissions estimation capabilities for FDM technology, allowing users to calculate and minimize their environmental impact effectively.Stratasys Logo. Image via Stratasys.Trends in Sustainable ManufacturingSeurat Technologies recently qualified 6K Additives 316L stainless steel powder for its Area Printing platform. Seurat, operating a pilot factory in Greater Boston on 100% green energy, aims to produce over 25 tons of metal parts annually. The partnership leverages 6K Additives efficient UniMelt process, which achieves over 90% yield and lower energy consumption, reducing emissions compared to conventional atomization.Separately, the UK faces critical material supply challenges linked to its net-zero ambitions. A National Engineering Policy Centre report calls for an integrated materials strategy to reuse and recycle minerals vital for battery and alloy production. The report highlights the need for the UK government to improve material traceability, reduce dependency on imported resources, and invest in recycling infrastructure.The reports proposal for a resource-efficient economy. Image via the National Engineering Policy Centre.Ready to discover who won the 20243D Printing Industry Awards?What will the future of 3D printing look like?Which recent trends are driving the 3D printing industry, as highlighted by experts?Subscribe to the 3D Printing Industry newsletter to stay updated with the latest news and insights.Stay connected with the latest in 3D printing by following us on Twitter and Facebook, and dont forget to subscribe to the 3D Printing Industry YouTube channel for more exclusive content.Featured Image shows Sustainability Achievements. Image via Stratasys.
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