Stratasys has revealed its second Conscious Manufacturing ESG and Sustainability Report in accordance with the World Reporting Initiative (GRI) requirements. The report consists of an in depth overview of actions and developments in Stratasys’ environmental, social, and governance (ESG) applications.
With its complete suite of choices, Stratasys is enabling producers within the transition to robust sustainable practices and companies. Some highlights of Stratasys’ Conscious Manufacturing ESG and Sustainability report, by class, embrace:
Environmental
The corporate decreased water depth by 32.5% throughout international operations – resulting in an total discount in water utilization by the corporate; photo voltaic panels put in at Israeli services generated 441,339 kWh of renewable vitality, which contributed to 207 metric tons of decreased CO2 emissions; elevated the variety of spools, cartridges, and canisters recycled via a brand new recycling program by 11.3%.
Social
The corporate offered greater than 38,000 hours of worker coaching, equaling 18 hours of coaching per worker; is approaching world-class standing with worker engagement, with a 78% participation charge within the final all-employee survey, with an all-time excessive engagement rating of 73; and 81% of managers participated in administration coaching.
4 variety KPIs had been set in 2022, specializing in hiring practices. The targets had been: 100% of candidate slates for supervisor and above can have a various slate; 35% of administration hires shall be ladies; 25% of tech hires shall be ladies; and 40% of intern/pupil hires can have a variety of ethnicity and gender variety.
Governance
100% of latest suppliers in 2021 and 2022 signed the Provider Code of Conduct, which incorporates environmental, social, and moral requirements; greater than 97% of all staff accomplished compliance coaching; and there have been no product-related well being and security incidents of non-compliance occurred in 2021 or 2022.
“Executing in opposition to our Conscious Manufacturing sustainability technique is a crucial step in main manufacturing in direction of 3D Printing a Higher Tomorrow,” mentioned Rosa Coblens, Vice President of Sustainability at Stratasys. “Throughout our price chain, we name upon everybody we work with to concentrate on climate-minded operations, bettering merchandise, components, and processes. We show an evidence-based strategy to ESG the place steady enchancment and ongoing information assortment reveals worth in adopting and advancing Additive Manufacturing for manufacturing at scale to advertise a extra sustainable future.”
Not too long ago, Stratasys additionally participated in an Additive Producer Inexperienced Commerce Affiliation (AMGTA) Lifecycle Stock Analysis Report, which demonstrated the environmental advantages of AM for the style business. The report confirmed that Stratasys J850 TechStyle materials jetting had a 24.8% discount in CO2-equivalent emissions over conventional processes. The corporate has additionally earned the ISO 14001 certification at its Israeli headquarters, for the second yr in a row, and in Germany for 2023, with extra international certification efforts underway.
“Our Conscious Manufacturing strategy permits extra sustainable manufacturing, for manufacturing purposes throughout provide chains, optimizing total environmental impacts,” mentioned Dr. Yoav Zeif, Chief Govt Officer of Stratasys. “Being ESG and sustainability-minded reduces threat and promotes the wholesome administration of our profitable international enterprise. We’re proud to spearhead this effort in our business and with our clients, supporting decarbonization methods throughout a wide selection of product portfolios and operations.”
“Sustainability and governance are key drivers to push additive manufacturing even additional into the general manufacturing atmosphere,” mentioned Ryan Martin, Senior Analysis Director at ABI Analysis. “Massive producers throughout the globe are publishing their sustainability efforts and they’re going to need assistance to realize these targets. The worth proposition and sustainability profile of additive manufacturing helps these firms by dashing ESG initiatives whereas additionally boosting earnings.”
The complete report could be downloaded right here.