Synopsys Inc

Common Name
Synopsys
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
20,000
Ticker
SNPS
Exchange
NASDAQ/NGS
Description
Synopsys Inc. is a leading provider of electronic design automation software, offering comprehensive solutions essential for designing and testing integrated circuits and electronic systems. Their sof...

Synopsys's GHG Emissions Data Preview

In 2023, Synopsys completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Synopsys has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Synopsys’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Synopsys’s data sources below and access millions more through our Disclosure Search.

a. Synopsys's Verification report 2023
a. Synopsys's Verification report 2023
b. Synopsys's CDP Climate sourced from company’s website 2021
b. Synopsys's CDP Climate sourced from company’s website 2021
c. Synopsys's CSR Report 2020
c. Synopsys's CSR Report 2020

Insights into Synopsys's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Synopsys amounted to 50,154 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2020, the total operational greenhouse gas (GHG) emissions of Synopsys increased by 53.78%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Synopsys's Scope 1 Emissions Over Time

201820192020202301.5 k3 k4.5 k6 ktCO2e-11%-34%+34%
  • Total Scope 1
  • Year-over-Year Change

What are Synopsys's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Synopsys were 3,697 metric tons of CO₂ equivalent (tCO₂e). a

Has Synopsys reduced its Scope 1 emissions over time?

Since 2018, Synopsys's Scope 1 emissions have decreased by 20.77%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2020), Synopsys's Scope 1 emissions increased by 34.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Synopsys's Scope 2 emissions?

In 2023, Synopsys reported Scope 2 greenhouse gas (GHG) emissions of 29,836 tCO₂e using the market-based method and 46,457 tCO₂e using the location-based method. a

Has Synopsys reduced its Scope 2 emissions over time?

Compared to the previous year (2020), Synopsys's Scope 2 emissions (Location-Based) rose by 55.55% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Synopsys use for Scope 2 reporting?

In 2023, Synopsys reported its Scope 2 emissions using the market-based method and using the location-based method. a

Synopsys's Scope 2 Emissions Over Time

2018201920202023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Synopsys's Value Chain Emissions

In 2023, Synopsys reported 230,438 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Synopsys includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2020, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

Synopsys's Scope 3 Emissions Over Time

2018201920202023060 k120 k180 k240 ktCO2e-3%+151%+63%
  • Total Scope 3
  • Year-over-Year Change

What are Synopsys's Scope 3 emissions?

In 2023, Synopsys reported total Scope 3 emissions of 230,438 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 83.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 16.63% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Synopsys reduced its Scope 3 emissions over time?

Since 2018, Synopsys's Scope 3 emissions have increased by 298.08%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2020), Synopsys's Scope 3 emissions increased by 62.94%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Synopsys disclose?

In 2023, Synopsys reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Synopsys's Scope 3 emissions?

In 2023, the largest contributors to Synopsys's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 89,560 tCO₂e (39.44%)
  • Capital Goods (Cat. 2): 51,975 tCO₂e (22.89%)
  • Use of Sold Products (Cat. 11): 37,757 tCO₂e (16.63%)

Synopsys's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(22.9%)Purchased Goods andServices (Cat. 1)(39.4%)Use of Sold Products(Cat. 11)(16.6%)

Insights into Synopsys’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Synopsys reported Scope 1 greenhouse gas (GHG) emissions of 3,697 tCO₂e and total revenues of USD 5,318 millions. This translates into an emissions intensity of 0.7 tCO₂e per millions USD. a

Synopsys's Scope 1 Emissions Intensity Compared to Peers

101005005,00050,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)ToastYear: 2024Scope 1: 436 tCO2eRevenue: $M 4,960Scope 1 Intensity: 0.09 tCO2e/$MWEXYear: 2023Scope 1: 1,246 tCO2eRevenue: $M 2,548Scope 1 Intensity: 0.49 tCO2e/$MNetscout SystemsYear: 2023Scope 1: 410 tCO2eRevenue: $M 915Scope 1 Intensity: 0.45 tCO2e/$MZscalerYear: 2023Scope 1: 340 tCO2eRevenue: $M 1,617Scope 1 Intensity: 0.21 tCO2e/$MFortinetYear: 2024Scope 1: 1,606 tCO2eRevenue: $M 5,956Scope 1 Intensity: 0.27 tCO2e/$MUiPathYear: 2024Scope 1: 649 tCO2eRevenue: $M 1,430Scope 1 Intensity: 0.45 tCO2e/$MCsg Systems InternationalYear: 2021Scope 1: 573 tCO2eRevenue: $M 1,047Scope 1 Intensity: 0.55 tCO2e/$MNutanixYear: 2024Scope 1: 331 tCO2eRevenue: $M 2,149Scope 1 Intensity: 0.15 tCO2e/$MGen DigitalYear: 2024Scope 1: 423 tCO2eRevenue: $M 3,811Scope 1 Intensity: 0.11 tCO2e/$MGoDaddyYear: 2024Scope 1: 832 tCO2eRevenue: $M 4,574Scope 1 Intensity: 0.18 tCO2e/$MF5Year: 2023Scope 1: 781 tCO2eRevenue: $M 2,813Scope 1 Intensity: 0.28 tCO2e/$MBlockYear: 2023Scope 1: 855 tCO2eRevenue: $M 21,917Scope 1 Intensity: 0.04 tCO2e/$MOracleYear: 2023Scope 1: 15,200 tCO2eRevenue: $M 49,951Scope 1 Intensity: 0.30 tCO2e/$MTeradataYear: 2023Scope 1: 142 tCO2eRevenue: $M 1,832Scope 1 Intensity: 0.08 tCO2e/$MDropboxYear: 2023Scope 1: 699 tCO2eRevenue: $M 2,502Scope 1 Intensity: 0.28 tCO2e/$MPayoneer GlobalYear: 2024Scope 1: 452 tCO2eRevenue: $M 721Scope 1 Intensity: 0.63 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MMongoDBYear: 2024Scope 1: 326 tCO2eRevenue: $M 2,006Scope 1 Intensity: 0.16 tCO2e/$MPalantir TechnologiesYear: 2023Scope 1: 22 tCO2eRevenue: $M 2,222Scope 1 Intensity: 0.01 tCO2e/$MRapid7Year: 2021Scope 1: 1,288 tCO2eRevenue: $M 535Scope 1 Intensity: 2.41 tCO2e/$MTwilioYear: 2023Scope 1: 866 tCO2eRevenue: $M 4,154Scope 1 Intensity: 0.21 tCO2e/$MPalo Alto NetworksYear: 2024Scope 1: 1,766 tCO2eRevenue: $M 8,027Scope 1 Intensity: 0.22 tCO2e/$MSynopsysYear: 2023Scope 1: 3,697 tCO2eRevenue: $M 5,318Scope 1 Intensity: 0.70 tCO2e/$M

How does Synopsys's GHG emissions intensity compare to its peers?

In 2023, Synopsys reported a Scope 1 emissions intensity of 0.7 tCO₂e per millions USD. Compared to the peer group median of 0.22 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Synopsys rank on GHG emissions intensity within its industry?

In 2023, Synopsys ranked 22 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Synopsys among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Synopsys's Total Carbon Footprint

In 2023, Synopsys reported a total carbon footprint of 280,592 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 61.22% increase compared to 2020, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Synopsys's total carbon footprint was Scope 3 emissions, accounting for 82.13% of the company's total carbon footprint, followed by Scope 2 emissions at 16.56%. a

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