On January 10, 2025, according to the Resource Library, Stratasys Ltd. (Nasdaq: SSYS), the world’s leading provider of 3D printing solutions, recently released its third Mindful Manufacturing™ ESG (Environmental, Social and Governance) and Sustainability Report. This report is based on the Global Reporting Initiative standards and references the standards of the Sustainable Accounting Standards Board, comprehensively demonstrating the company’s latest achievements in the area of sustainable practices and ESG.
Reduce environmental impact
According to the report, Stratasys has successfully reduced its environmental footprint. In 2023, the company used 778,365 kWh of renewable energy and avoided greenhouse gas emissions by 554 tonnes of carbon dioxide equivalent, which is the equivalent of planting almost 9,000 trees. Additionally, the company’s water use intensity decreased by 11.7% and its greenhouse gas emissions intensity by 15.5%.
At the same time, Stratasys also expanded its certified pre-owned printer program to extend equipment life by refurbishing and reselling used printers. Additionally, ISO 14001 environmental management certification has been achieved in Israel and the EMEA region. Thanks to the recycling and return project, 590 tonnes of products and components were reused, enabling efficient resource recycling.
Improve employee policies
In terms of social responsibility, Stratasys launched a “parental equality policy” to encourage employees of all genders to benefit from paid parental leave. After the implementation of this policy, the number of employees on leave increased by 17%, with male employees being in the majority.
Additionally, the company’s employee satisfaction survey score reached 73 and the company provided employees with 33,713 hours of training, covering professional skills and personal development. To improve customer collaboration, Stratasys established the “Industrial Customer Strategic Advisory Board” to further communicate and cooperate with industry customers.
Develop new technologies to meet challenges
Scott Crump, co-founder of the company and current head of ESG and climate affairs, said: “I am proud to leverage my more than 35 years of innovative experience in the field of additive manufacturing to promote the development of sustainable production. commit to promoting research and development of technologies that are more respectful of carbon emissions.
Among them, Stratasys launchedSAF ReLife Solutionsconverting discarded PA12 powder from powder bed fusion printers into high quality production parts, not only significantly reducing manufacturing costs, but also reducing carbon footprint by up to 89%. Additionally, GrabCAD Print software has added an emissions estimation function to help users better assess and optimize environmental impacts.
Sustainability trends facing the industry
At the industrial level, Stratasys’ efforts are not limited to itself. The industrial cooperation it promotes also gives new impetus to a green future. For example, Seurat Technologies cooperated with 6K Additive to apply 316L stainless steel powder to additive manufacturing, using the efficient and environmentally friendly UniMelt process to reduce energy consumption and emissions, which achieved a production rate of over 90%, significantly reducing emissions compared to traditional methods.
At the same time, relevant UK policy reports recommend the need to strengthen recycling and reuse of key materials to support battery and alloy production and reduce reliance on imported resources.
Stratasys demonstrates its practices to address sustainability challenges in the field of additive manufacturing through ESG reporting and associated metrics. In the future, the company plans to continue exploring technologies that can reduce environmental impact and promote industrial cooperation to solve global environmental protection and resource utilization issues.
