Highlights from 2023
Innovation
Launched several significant innovative products, including building out our generative AI portfolio, and completed key strategic acquisitions that we expect to be key drivers of future growth, enabling the next wave of sustainable innovation.
Net-Zero GHG by 2040
For the third year, Cadence received CarbonNeutral® certification across our global operations, including our Palladium Cloud offering.
Submitted both near-term and Net-Zero GHG reduction targets to the Science Based Targets Initiative (SBTi) for validation.
In early 2024, we strengthened our transition to long-term renewable energy and our commitment to purchaser-caused renewable energy by signing a virtual power purchase agreement to help finance a to-be-built solar farm in the U.S.
Cadence Giving Foundation
Donated $5 million through the Cadence Giving Foundation in 2023 to impact environmental sustainability, STEM workforce equity, and additional local and global initiatives.
The Cadence Giving Foundation focuses on investments that drive impact, activate employee engagement opportunities, and create a more just and equitable world for our communities.
Learn MoreDiversity, Equity, and Inclusion
Hosted Cadence Women Conferences (CWCs) around the world, giving us the opportunity to connect, learn, and celebrate the women of Cadence.
We are also proud to receive the Designing the Difference Award from the GSA Women’s Leadership Initiative, that recognizes companies who are making a meaningful impact on advancing the semiconductor industry through DEI.
Cadence 2023 ESG Report
The Cadence 2023 ESG Report highlights how Cadence’s Environmental, Social, and Governance (ESG) programs are essential to our long-term business success and how these programs are making a difference for our employees, customers, and global communities.
2023 Activities
A summary of Cadence’s environmental, social, and governance strategy, programs and activities
Executive Statement
Cadence has a mission to help solve technology’s toughest challenges to make a lasting, positive impact on our world.
Read MoreResources
Awards
Recognitions for our efforts around our environmental, social, and governance strategies.
World’s Most Sustainable Companies
Recognized by TIME for our public commitments to do better for the planet and following through on them.
America’s Climate Leaders
Recognized by USA Today for demonstrating the greatest reduction in emissions intensity over a multi-year trend.
America’s Best Mid-size Companies
Recognized by TIME as a top-performing, mid- size company that is leading the way for American business.
Most Innovative Companies of 2024
Cadence was recognized as #6 in the Most Innovative Design Companies of 2024 sector for using natural language AI to design AI chips
100 Best Companies to Work For Fortune
Named for the tenth year in a row by Fortune Magazine and appearing as #9 in 2024
Best Place to Work for LGBTQ+ Equality
Recognized by the Human Rights Campaign Foundation with a perfect score of 100 on their 2021, 2022, and 2023-2024 Corporate Equality Index.
30+ Best Workplace Recognitions
Across 13 countries, including Fortune’s 100 Best Companies to Work For, Fortune’s World’s Best Workplaces, Forbes’ America’s Best Employers, and Wall Street Journal’s Most Responsible Companies
Best Renewable Energy Initiative
Recognized by the Global CSR and ESG Awards for the Best Renewable Energy Initiative of 2024.
Top 100 Companies That Care
For our programs that care for, and support, the environment, our employees, and the community
Mahatma Awards
Cadence received a Mahatma Award for CSR Excellence in 2019, 2021, 2022, and 2023.
World’s Best Workplaces
Fortune ranked Cadence #17 on their top 25 World's Best Multinational Workplaces 2021, our sixth time appearing on this list
Best Managed Companies
Cadence has secured the #74 spot on the 2023 Wall Street Journal List of Best Managed Companies.
Designing the Difference Award
Recognized by GSA and Women in Semiconductor Hardware (WISH) as a semiconductor company that has made a substantial impact on diversity and gender parity.
100 Best ESG Companies
Recognized by Investor’s Business Daily as one of IBD’s 100 Best ESG Companies of 2023
Fast Company: The Next Big Things In Tech
Fast Company awards Cadence Cerebrus Intelligent Chip Explorer with the Next Big Things In Tech award.
America's Most Responsible Companies 2022
#115 on Newsweek's list of top 500 Most Responsible Companies 2022, and #6 in our industry
Indian CSR Awards
Best Higher Education Scholarship Program Initiative of the Year - 2022