Cadence Design Systems Inc 2024 SR
The report highlights Cadence's progress toward its Net Zero by 2040 goal, with near-term and Net-Zero targets approved by the Science Based Targets initiative (SBTi) in 2024. The company achieved 100% renewable energy for its global operations and data centers for the fourth consecutive year. Key innovations include the launch of the Millennium M1 AI supercomputer and the Fem.AI initiative, backed by a $20 million commitment to increase the pipeline of women in the tech industry. Cadence also reported a 33% reduction in full value chain emissions compared to its 2019 baseline.
Company: Cadence Design Systems Inc
Sector: Information Information Technology
Country: United States
Year: 2024
Type: SR
Pages: 108
Cadence Design Systems Inc
Corporate Impact Report
The report highlights Cadence's progress toward its Net Zero by 2040 goal, with near-term and Net-Zero targets approved by the Science Based Targets initiative (SBTi) in 2024. The company achieved 100% renewable energy for its global operations and data centers for the fourth consecutive year. Key innovations include the launch of the Millennium M1 AI supercomputer and the Fem.AI initiative, backed by a $20 million commitment to increase the pipeline of women in the tech industry. Cadence also reported a 33% reduction in full value chain emissions compared to its 2019 baseline.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Jun 1, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees