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Every year businesses face escalating calls to not only join but lead the transition to a low-carbon economy. We hear those calls and we agree. Through our technologies, we¡¯re empowering our customers to design more energy-efficient and powerful chips that enable new applications and product lines. We are also working to influence greener practices across our supply chain and the wider technology industry, and through continual internal optimization. We have set ambitious science-based GHG emissions reduction targets, prioritize the use of renewable energy, and implement office location strategies that advance our sustainability.
UN SDG Alignment
Driving Emissions Reduction
SBTi
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SBTi Validation of Greenhouse Gas Emission Reduction Targets
Our validated science-based targets call for reaching the following milestones by 2032 (from a 2019 baseline):
- Reduce absolute scope 1 and 2 GHG emissions by 55%
- Reduce scope 3 GHG emissions from employee commuting and business travel by 62% per employee
- Reduce scope 3 GHG emissions from use of sold products by 62% (per lifetime verification task)
Additionally, we¡¯ve committed that by 2027, 45% of our suppliers (by spend) for purchased goods and services and capital goods will have their own science-based targets.
EPA¡¯s Green Power Partnership
We¡¯ve joined the EPA Green Power Partnership in 2023 and are committed to accelerating the development of renewable energy through our collaboration with Enel North America¡¯s Azure Sky Wind Project. Through this project, along with other like-minded companies, we¡¯ve helped to enable 350 MW of wind energy and 180MW of battery storage to support renewable energy into the electrical grid.
Growing Our Renewable Energy Portfolio
As we look to achieve our goals, we realize renewable energy will be an integral part of our strategy. This is where we¡¯re committed to purchasing renewable energy through projects like a Virtual Power Purchase Agreement in Texas and Power Purchase Agreement for one of our office complexes in India. We will look to grow this portfolio, in areas of the world where we operate.
Building Sustainable Facilities
At Synopsys, we have a goal to reduce our owned facilities¡¯ impacts, and work to integrate high standards of environmental performance from design through use. Currently, Synopsys occupies approximately 1.4 million square feet of green-certified office space around the world.
Data Center Sustainability
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We continue to progress a multi-year initiative to optimize our global data center footprint, working internally across business units and externally with our vendors to consolidate and decarbonize these operations while continuing to support rapid business growth.
CarbonNeutral? Company Certification
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Synopsys achieved CarbonNeutral? company certification across our global operations through a portfolio of high quality, verifiable energy attribute certificates (EACs) and offsets. The purchase of EACs and offsets specifically for the CarbonNeutral? company certification are not accounted for in our emissions inventory, including progress toward our emissions reduction target.
Assessing Climate Risks and Opportunities
We report on our climate related practices using four leading assessment frameworks:
Climate Disclosure Project (CDP)
We have been recognized as a sustainability leader by CDP for our transparency and performance on Climate Change. Our score of A- has put us in their elite leadership band category.
Responsible Business Alliance (RBA)
We utilize the RBA self-assessment questionnaire and tools, to assess operational performance on environmental metrics.
EcoVadis
We evaluate our sustainability practices and make them accessible to our customers.
Task Force on Climate-related Financial Disclosures (TCFD)
We provide investors with information on climate-related risks to our products, operations, and supply chain.
