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Synopsys is at the forefront of Smart Everything with the world¡¯s most advanced technologies for chip design, verification, IP integration, software security, and quality testing. While shaping the future of Smart Everything brings great opportunities, it also brings important responsibilities¨Cwe believe the future is not smart if it is not sustainable, just, and secure.
Our 2022 ESG Report details the progress and performance of our Smart Future Environmental, Social, and Governance (ESG) strategy, which is our framework for how we create a smart future that is indeed sustainable, just, and secure. Our framework provides a structure for how we address our own operational impact as well as how we use our ability to influence others around us to create a better world. This year, we moved from a Corporate Social Responsibility (CSR) Report to a designated ESG Report to better align with stakeholder reporting expectations.
In the following video, learn more about how we are building a Smart Future together.
Read on for key highlights from our 2022 ESG Report. Also, check out an infographic that summarizes the report.
Environment
From our innovative products to driving down our own environmental impacts, we support key environmental advances for people, communities, and the planet.
- Enabled our customers to achieve an additional 25% power reduction for their systems-on-chip (SoCs) through our low-power electronic design automation (EDA) solutions.
- Developed new Greenhouse Gas (GHG) emissions reduction targets for review and validation by the (SBTi).
- Achieved CarbonNeutral? company certification for the fourth consecutive year.
- Mitigated approximately 50% of our 2022 North America energy demand through the Azure Sky Wind Farm, which came online in 2022.
Social
We focus on our people and our ability to recruit, support, and retain the most talented and diverse teams, while our Synopsys for Good program generates positive community impact.
- Increased total representation of women globally to 24.9%.
- Increased representation of Black, Latinx, and Indigenous (BLI) individuals in our U.S. workforce.
- Launched NEX-GEN, a new ERG for young professionals in Synopsys South Asia.
- Employee engagement score remained strong, as indicated per our semi-annual SHAPE employee survey.
- Donated $4.7M total in charitable giving through The Synopsys Foundation and Synopsys India.
- Celebrated Synopsys¡¯ 35th anniversary through a special 2:1 employee matching gift campaign to 35 charities around the world.
- Conducted a global Season of Service volunteer program with 52 projects, at 24 offices, in 11 countries.
Governance
We focus on the resiliency of our business and leverage our governance practices to drive business success and make meaningful progress on our ESG strategy.
- We obtained our ISO 22301 certification, the international standard for Business Continuity Management Systems to help safeguard our business operations from disruptions including natural disasters, cyberattacks, and more.
- One-third of our governing Board of Directors are women.
- Deployed new security operations automation to achieve more proactive incident response with our 24/7 Security Operations Center (SOC).
- All employees continue to take the required annual Ethics and Compliance Training during Integrity Awareness Month.
The Bigger Picture
It¡¯s exciting to showcase the progress we¡¯ve made regarding environmental, social, and governance initiatives and to highlight our Smart Future strategy that enables this positive impact on our employees, partners, and local communities. As noted by Synopsys Chair and CEO Aart de Geus, ¡°We¡¯ll continue to combine the power of science and technology with our values-based culture to help realize a sustainable, just, and secure future for everyone.¡±