Corporate Impact Report

Overview

The report highlights Cadence's 2024 AI-enabled sustainable innovation, including new technologies for energy-efficient design and data-center optimization. It reports SBTi approval of near-term and net-zero targets, with a commitment to reach net zero across the value chain by 2040, alongside 100% renewable electricity for operations and data centers. The report also emphasizes workforce and community initiatives, including the launch of Fem.AI, a $20 million commitment to expand women's participation in AI, and more than $5 million in 2024 charitable contributions through the Cadence Giving Foundation.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview