In 2023, Cadence Design Systems disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Cadence Design Systems also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Cadence Design Systems also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Cadence Design Systems also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Cadence Design Systems's reliance on fossil fuels versus cleaner alternatives.
Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, Cadence Design Systems consumed a total of 286,699 Gigajoules of energy across its operations. Of this total, 88.85% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 11.15% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
In 2023, Cadence Design Systems consumed a total of 286,699 Gigajoules of energy, of which 88.85% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This high level of renewable energy use suggests that Cadence Design Systems has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.
In 2023, Cadence Design Systems disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Cadence Design Systems's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
In 2023, Cadence Design Systems's total energy consumption was primarily sourced from
In 2023, Cadence Design Systems consumed energy from 7 different sources or generation technologies, indicating a highly concentrated energy mix, with Hydropower, Solar Energy and Wind Energy alone accounting for 88.85% of total consumption.
In 2023, Cadence Design Systems's energy production came primarily from
In 2023, Cadence Design Systems produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.
In 2023, Cadence Design Systems reported total energy inflows of 261,550.8 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 258,829.2 Gigajoules purchased from external suppliers and 2,721.6 Gigajoules generated through internal production. This corresponds to a production share of 1.04%.