Synopsys
Synopsys, Inc., a leading player in the electronic design automation (EDA) industry, is headquartered in Mountain View, California, USA. Founded in 1986, the company has established itself as a pioneer in software and IP solutions that drive innovation in semiconductor design and manufacturing. With a strong presence in North America, Europe, and Asia, Synopsys serves a diverse clientele across various sectors, including automotive, consumer electronics, and telecommunications. The company’s core offerings include advanced tools for design verification, synthesis, and testing, as well as a comprehensive portfolio of semiconductor intellectual property (IP). Synopsys is renowned for its commitment to quality and efficiency, enabling customers to accelerate their product development cycles. As a market leader, Synopsys has achieved numerous accolades, solidifying its reputation as a trusted partner in the rapidly evolving tech landscape.
DitchCarbon Score
How does Synopsys's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Synopsys's score of 58 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Synopsys's reported carbon emissions
In 2023, Synopsys, headquartered in the US, reported significant carbon emissions across various regions. The total emissions for the year amounted to approximately 283,010,000 kg CO2e, with Scope 1 emissions at about 3,697,000 kg CO2e and Scope 2 emissions at approximately 29,836,000 kg CO2e. Notably, the company has set ambitious targets to reduce its carbon footprint, committing to a 25% reduction in Scope 1 and 2 emissions by 2024 from a 2018 baseline. Furthermore, Synopsys aims for a more aggressive target of a 55% reduction in absolute Scope 1 and 2 emissions by 2032, alongside a 62% reduction in Scope 3 emissions intensity, also by 2032. The company has also pledged to achieve near-zero emissions for both Scope 1 and Scope 2 by 2025. In terms of Scope 3 emissions, Synopsys is targeting a 62% reduction in emissions intensity by 2032, with a specific focus on employee commuting and business travel. Additionally, by 2027, the company aims for 45% of its suppliers, based on spend, to have their own science-based emissions reduction targets. These commitments are validated by the Science Based Targets initiative (SBTi), ensuring that Synopsys's goals align with global climate action efforts. The company's proactive approach to sustainability reflects its dedication to reducing its environmental impact while maintaining operational efficiency.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 5,452,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 28,817,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 58,145,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Synopsys is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
