Cadence Design Systems, Inc.
Industry Group: Software & Services
Country/Region: United States of America
Identifier: NAS:CDNS
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 64 out of 939
Universe
Global Universe 1347 out of 14637
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Cadence Design Systems, Inc. |
14.5
Low
|
64 out of 939 |
| Fortinet, Inc. |
16
Low
|
111 out of 939 |
| CrowdStrike Holdings, Inc. |
18.6
Low
|
268 out of 939 |
| Constellation Software, Inc. |
25.9
Medium
|
729 out of 939 |
| MicroStrategy, Inc. |
31.1
High
|
919 out of 939 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Cadence Design Systems, Inc.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Cadence Design Systems, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
