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MINNETONKA, Minn. & REHOVOT, Israel - 3D printing solutions provider Stratasys Ltd. has achieved a 23.1% reduction in its overall carbon footprint from 2023 to 2024, according to its fourth annual Environmental, Social and Governance (ESG) report released Wednesday.
The report marks the company’s first year-over-year disclosure of Scope 3 greenhouse gas emissions, which were verified by independent third parties THG MyCarbon and Motive Analytics. This expanded analysis covers 11 value chain categories including purchased goods and services, transportation, business travel, product use, and end-of-life treatment. InvestingPro data shows the company maintains a strong financial position with a current ratio of 3.7, indicating robust liquidity to support its sustainability initiatives.
Additional environmental achievements highlighted in the report include 653 metric tons of carbon dioxide equivalent avoided through renewable energy use, a 15% reduction in water consumption intensity, and 38.4% of waste diverted from landfill.
The company also reported recycling or reconditioning 477 metric tons of materials through take-back and trade-in programs, and launched SAF ReLife, a system enabling complete reuse of PA12 powder on its H350 machines.
On the social responsibility front, Stratasys reported a 38% female manager hiring rate, exceeding its 35% target and improving from 25% last year. The company also achieved a record-high employee engagement score of 74 with 91% participation.
"Through our Mindful Manufacturing approach, we are showing that sustainable practices deliver important business impact – from reducing costs and waste to enabling more resilient supply chains," said Rosa Coblens, Vice President of Global Sustainability and Communications at Stratasys.
The company received an EcoVadis Silver Medal, placing it among the top 15% of companies worldwide for sustainability performance. The report was published in accordance with the Global Reporting Initiative and with reference to the Sustainability Accounting Standards Board framework, based on information provided in the company’s press release statement.
In other recent news, Stratasys Ltd. reported its Q2 2025 earnings, showing stable earnings per share of $0.03, which met analyst forecasts. The company also reported a slight revenue beat, with $138.1 million compared to the expected $137.15 million. These results come amid investor concerns over future growth prospects. Additionally, Stratasys announced it will hold its 2025 annual general meeting of shareholders on September 30 in Israel. The meeting will take place at Meitar Law Offices in Ramat Gan, with shareholders of record as of August 20, 2025, eligible to vote. The company has distributed proxy materials to eligible shareholders, as indicated in a press release filed with the Securities and Exchange Commission. These developments are key for investors to watch as they consider the company’s future trajectory.
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