Cadence Design Systems

Cadence Design Systems, headquartered in the US, is a company in the computer and related services industry.

Carbon Emissions Data:

• 2025: Cadence Design Systems reported Scope 2 emissions of approximately 38,882,000 kg CO2e (location-based). Scope 3 emissions for this year include: purchased goods and services at approximately 123,033,000 kg CO2e, use of sold products at approximately 187,173,000 kg CO2e, business travel at approximately 13,952,000 kg CO2e, and employee commute at approximately 12,128,000 kg CO2e. Scope 1 emissions data for 2025 were not available.
• 2024: Total reported emissions for 2024 were approximately 880,270,000 kg CO2e. This includes Scope 1 emissions of approximately 2,087,000 kg CO2e, Scope 2 emissions of approximately 30,241,000 kg CO2e (location-based), and Scope 3 emissions totalling approximately 777,310,000 kg CO2e. Key Scope 3 categories include use of sold products at approximately 195,380,000 kg CO2e and purchased goods and services at approximately 77,062,000 kg CO2e.
• 2023: Scope 1 and 2 emissions for 2023 were approximately 3,915,000 kg CO2e. Scope 3 data for 2023 was not fully disclosed, with missing data points for purchased goods and services, business travel, and employee commute.
• 2022: Scope 1 and 2 emissions for 2022 were approximately 7,709,000 kg CO2e. Scope 3 data for 2022 was not fully disclosed, with missing data points for purchased goods and services, business travel, and employee commute.
• 2021: Scope 1 and 2 emissions for 2021 were approximately 22,353,000 kg CO2e. Scope 3 data for 2021 was not fully disclosed, with missing data points for purchased goods and services, business travel, and employee commute.
• 2020: Scope 1 and 2 emissions for 2020 were approximately 29,244,000 kg CO2e. Scope 3 data for 2020 was not fully disclosed, with missing data points for purchased goods and services, business travel, and employee commute.
• 2019: Scope 1 emissions for 2019 were approximately 6,314,000 kg CO2e, and Scope 2 emissions were approximately 26,363,000 kg CO2e (market-based). Scope 3 emissions totalled approximately 454,078,000 kg CO2e, with missing data for purchased goods and services, business travel, and employee commute.

Climate Commitments and Reduction Targets:

Cadence Design Systems has set ambitious climate targets, including a commitment to reach net-zero greenhouse gas emissions across its value chain by 2040.

Near-term targets are focused on significant reductions by 2030, based on a 2019 baseline:

• Scope 1 and 2 emissions: The company commits to an 89.78% reduction in absolute Scope 1 and 2 GHG emissions by 2030.
• Scope 3 emissions: A reduction of 46.2% in absolute Scope 3 GHG emissions is targeted by 2030.

Long-term targets are also in place:

• Scope 1 and 2 emissions: A 90% reduction in absolute Scope 1 and 2 GHG emissions is targeted by 2040.
• Scope 3 emissions: A 90% reduction in absolute Scope 3 GHG emissions is targeted by 2040.

These targets are aligned with the Science Based Targets initiative (SBTi) and are consistent with keeping global warming to 1.5°C. The company has also signed the Amazon Climate Pledge.