Israel — 3D printing company Stratasys has published its inaugural report on environmental, social and governance (ESG) activities, following GRI Standards for sustainability reporting. The report outlines the company’s commitment to ESG and establishes benchmarks for future targets.
In 2021, Stratasys set its ESG strategy and formally established an executive-led ‘Stratasys Sustainability’ function as part of a commitment to more sustainable Mindful Manufacturing through additive-based solutions. Mindful Manufacturing is the thoughtful redesign of processes, parts and supply chains, utilising 3D printing across the product lifecycle in a way that maximizes sustainability over time, all while supporting business growth. The company’s sustainability priorities include design for responsible production and consumption, transparency, people-first initiatives, social impact programs, renewable energy projects, quality education, industry innovation and climate action.
“I believe that global manufacturing is at a crossroads,” said Stratasys CEO Dr. Yoav Zeif. “Due to growing pressure to address supply chain challenges and energy efficiency needs, 3D printing is increasingly being explored to meet such business goals. I believe that during 2022 and into the next decade, rapid growth in the adoption of manufacturing-scale 3D printing will bring additional innovation to the market, improve supply chains and reduce environmental impact.”
According to the company, there is a growing recognition of the potential for additive manufacturing to achieve environmental goals by reducing energy consumption and waste. For example, when compared to traditional manufacturing methods like computerised numerical control (CNC), during which materials are cut and excess is discarded, 3D printing would reduce material costs and reduce waste by almost 90 percent, while lowering energy consumption by 25 to 50 percent, the company claims. Additionally, industries like aerospace are showing a growing interest in lightweight polymer parts, which are designed to improve fuel economy without compromising durability and reliability.
Stand vom 23.03.2021
Consent to the use of data for promotional purposes
I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here
Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.
In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.
Right of revocation
I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://support.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.