Stratasys Publishes Second ESG and Sustainability Report; Achieves Important New Milestones

Stratasys Ltd. (NASDAQ: SSYS) today announced it has published its second Mindful Manufacturing ESG and Sustainability Report in accordance with the Global Reporting Initiative (GRI) standards, fulfilling its commitment to transparency. The report includes an extensive overview of activities and advancements in Stratasys’ environmental, social and governance (ESG) programs.

With its comprehensive suite of offerings, Stratasys is enabling manufacturers in the transition to strong sustainable practices and businesses. Making additive work for customers will help future generations innovate and thrive. By offering a more sustainable alternative to traditional manufacturing, Stratasys introduces solutions for optimized operations and Additive Manufacturing-enabled production. Together with its customers, Stratasys works to unlock the sustainable value of Additive Manufacturing for businesses around the world, and our own.

Some highlights of the Mindful Manufacturing ESG and Sustainability report, by category, include:

Environmental

• Stratasys reduced water intensity by 32.5 percent across global operations, leading to an overall reduction in water usage by the company.
• Solar panels installed at Israeli facilities generated 441,339 kWh of renewable energy, which contributed to 207 metric tons of reduced CO₂ emissions, or the equivalent of planting 3,423 trees
• Double digit (11.3 percent) increases in the number of spools, cartridges and canisters recycled through a new recycling program.

Social

• More than 38,000 hours of employee training were provided, equaling 18 hours of training per employee.
• Approaching world-class status with employee engagement, with a 78 percent participation rate in the last all-employee survey, with an all-time high engagement score of 73.
• 81 percent of managers participated in management training.
• 4 diversity KPIs were set in 2022, focusing on hiring practices. Targets were:
  • 100 percent of candidate slates for manager and above will have a diverse slate
  • 35 percent of management hires will be women
  • 25 percent of tech hires will be women
  • 40 percent of intern/student hires to reflect a range of ethnicity and gender diversity.

Governance