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 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
Ranking
Industry Group (1st = lowest risk)
Software & Services 16 out of 1103
Universe
Global Universe 615 out of 15518
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Cadence Design Systems, Inc. |
12
Low
|
16 out of 1103 |
| Synopsys, Inc. |
13.5
Low
|
32 out of 1103 |
| Palo Alto Networks, Inc. |
13.9
Low
|
39 out of 1103 |
| VMware, Inc. |
15.9
Low
|
93 out of 1103 |
| Dassault Systèmes SA |
18.4
Low
|
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
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.
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What are Material ESG Issues?
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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
