Stratasys Ltd. (NASDAQ: SSYS) announced today that it has earned a Gold Medal from EcoVadis for sustainability, placing the company in the top 5% of 150,000 organizations evaluated globally, improving its status from last year’s Silver rating.
“Being at the highest level of ESG performance,” reads this morning’s news release, “helps strengthen our value proposition to customers and their sustainable goals.”
EcoVadis is a leading provider of business sustainability ratings, evaluating companies across four key areas: environment, labor and human rights, ethics, and sustainable procurement.
Stratasys’ improved rating reflects sustainability excellence, maturity of management systems, and continued progress across enterprise sustainability practices, including reporting emissions across the value chain (Scope 3), increased supplier engagement on ESG, ongoing research on product environmental impacts through Life Cycle Analyses (LCAs), and third party limited assurance processes for carbon reporting.
As a leading 3D printing business partner for future-ready manufacturing enterprises, Stratasys helps customers scale production of parts while supporting more efficient, optimized, and responsible manufacturing.
Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products, and healthcare.
SSYS shares dropped 14 cents, or 1.4%, to $9.71.
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