Industry Group: Software & Services
Country/Region: United States of America
Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm’s growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys’ 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 chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
ESG Risk Rating
Industry Group (1st = lowest risk)
Software & Services 32 out of 1103
Global Universe 1027 out of 15518
What are the ESG Risk Ratings?
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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|
|116 out of 1103|
|135 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.
Synopsys, 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.
Synopsys, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Synopsys, Inc.
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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.
Highest Controversy level that has impacted Synopsys, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level