Cadence Design Systems, Inc.
Industry Group: Software & Services
Country/Region: United States of America
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates 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 enable system-level analysis and verification solutions. Cadence’s comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
ESG Risk Rating
Industry Group (1st = lowest risk)
Software & Services 16 out of 1103
Global Universe 615 out of 15518
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|Company||ESG Risk Rating||Industry Rank|
|Cadence Design Systems, Inc.||
|16 out of 1103|
|32 out of 1103|
|Palo Alto Networks, Inc.||
|39 out of 1103|
|93 out of 1103|
|Dassault Systèmes SA||
|225 out of 1103|
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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 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.
Cadence Design Systems, Inc.'s Exposure is Low
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.
Cadence Design Systems, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Cadence Design Systems, Inc.
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Highest Controversy level that has impacted Cadence Design Systems, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level