Cadence Design Systems Inc
Cadence Design Systems's Climate Target Data Preview
As of 2024, Cadence Design Systems has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Cadence Design Systems ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2040 |
Absolute-based Target | Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2040 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Cadence Design Systems's Greenhouse Gas Emissions Pathways
As of 2024, Cadence Design Systems has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
Does Cadence Design Systems have a target to reduce the emissions from its operations?
As of 2024, Cadence Design Systems has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Cadence Design Systems's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 32,677 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2023, Cadence Design Systems is ahead of schedule on its operational emissions reduction target, having achieved 97.8% of the planned reduction.
Cadence Design Systems's Operational (Scope 1+2) Emissions Pathway
Does Cadence Design Systems have a target to reduce the emissions from its value chain?
As of 2024, Cadence Design Systems has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
Cadence Design Systems's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 451,944 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2023, Cadence Design Systems is ahead of schedule on its value chain emissions reduction target, having achieved 32.26% of the planned reduction.