Stratasys Sets Important ESG Standards in the 3D Printing Industry
The Company is a Top Choice Sustainable Additive Manufacturing Operations and Solutions Provider
Stratasys Ltd. announced today that it received its first-ever EcoVadis certification, achieving a Silver sustainability rating, placing in the 90th percentile joining the top 10% of all companies assessed globally. This milestone displays the company’s dedication to responsible business practices that create a positive impact on the environment, society, and all stakeholders.
“Our Stratasys strategy couples profitability with sustainability, leveraging the unique capabilities of Additive Manufacturing to positively impact business and manufacturers around the world,” said Dr. Yoav Zeif, Director and Chief Executive Officer of Stratasys. “The EcoVadis achievement validates our promise to support our customers in achieving their strategic sustainability goals.”
A Silver EcoVadis rating confirms Stratasys’ leadership as vendor of choice for customers looking to advance sustainable Additive Manufacturing, at scale. With a Sustainability-strategy, coined “Mindful Manufacturing™,” Stratasys is at the forefront of driving the industry towards more responsible operations that align with global environmental and sustainable business development goals.
“This EcoVadis Silver sustainability rating provides our customers and partners confidence that Stratasys has the practices, policies, and solutions to help them achieve their ESG and sustainability goals,” said Rosa Coblens, VP Global Sustainability and Communications at Stratasys. “This achievement is confirmation of the diligent work that Stratasys’ employees and our entire supply chain have done to make significant progress along the path to promote sustainability in manufacturing.”
This prestigious certification underscores Stratasys’ unwavering commitment to Mindful Manufacturing™ foundations:
- Embracing ESG Best Practices: Stratasys integrates Environmental, Social, and Governance (ESG) best practices companywide. This includes robust governance structures for sustainability, comprehensive data collection, global ESG certifications, and annual reporting. By committing to ongoing improvements and transparently publishing customer lifecycle analysis evidence, Stratasys enhances its sustainability credentials and provides customers with confidence in meeting their ESG goals.
- Optimizing Operations for a Smaller Footprint: Stratasys redesigns parts and machines to reduce their environmental footprint while delivering continuous innovation. Using design for environment methods and implementing waste hierarchy considerations of reuse, design for environment, repurpose, and recycle, Stratasys improves packaging, parts, machines, and digital components. This promotes operational efficiency and offers customers cutting-edge, environmentally responsible solutions.
- Quantifying Emissions for Impactful Results: Stratasys collaborates with customers to quantify emissions case by case, revealing the environmental benefits of additive manufacturing over traditional methods. This data supports the adoption of lower-carbon technologies, meets customer sustainability needs for production at scale, and encourages decarbonization.
- Sustainability Across the Value Chain: Stratasys fosters sustainable operations both upstream and downstream, embedding responsible stewardship throughout the supply chain, from raw material sourcing to final product delivery.
- Collaboration and Consistent Progress: Stratasys values the contributions of employees, customers, partners, and stakeholders in the sustainability journey. By fostering collaboration and consistent progress, Stratasys drives positive social and environmental impact and continuously improves its practices, policies, and solutions, keeping sustainability at the core of its operations.
EcoVadis is a global assessment platform, which evaluates company performance focusing on four key ESG pillars: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
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