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Every year businesses face escalating calls to not only join but lead the transition to a low-carbon economy. We hear those calls and we agree. Through our technologies, we’re empowering our customers to design more energy-efficient and powerful chips that enable new applications and product lines, expanding our circle of impact worldwide. We are also working to influence greener practices across our supply chain and the wider technology industry, and through continual internal optimization. We are driving down our own environmental — impacts supporting key environmental advances for people, communities, and the planet while driving business success.
We believe a Smart Future is a sustainable future and we’re working to make it a reality.
See the 2022 ESG Report for our GHG Emissions Summary Table.
UN SDG Alignment
Driving Emissions Reduction
SBTi
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SBTi Validation of Greenhouse Gas Emission Reduction Targets
Our validated science-based targets call for reaching the following milestones by 2032 (from a 2019 baseline):
- Reduce absolute scope 1 and 2 GHG emissions by 55%
- Reduce scope 3 GHG emissions from employee commuting and business travel by 62% per employee
- Reduce scope 3 GHG emissions from use of sold products by 62% (per lifetime verification task)
Additionally, we’ve committed that by 2027, 45% of our suppliers (by spend) for purchased goods and services and capital goods will have their own science-based targets.
EPA’s Green Power Partnership
We’ve joined the EPA Green Power Partnership and are committed to accelerating the development of renewable energy through our collaboration with Enel North America’s Azure Sky Wind Project. Through this project, along with other like-minded companies, we’ve helped to enable 350 MW of wind energy and 180MW of battery storage to support renewable energy into the electrical grid.
Growing Our Renewable Energy Portfolio
As we look to achieve our goals, we realize renewable energy will be an integral part of our strategy. This is where we’re committed to purchasing renewable energy through projects like a Virtual Power Purchase Agreement in Texas and Power Purchase Agreement for one of our office complexes in India. We will look to grow this portfolio, in areas of the world where we operate.
Building Sustainable Facilities
At Synopsys, we have a goal to reduce our owned facilities’ impacts, and work to integrate high standards of environmental performance from design through use. Currently, Synopsys occupies 1.3 million square feet of LEED-certified space around the world, 39% of our total square footage.
Data Center Sustainability
We continue to progress a multi-year initiative to optimize our global data center footprint, working internally across business units and externally with our vendors to consolidate and decarbonize these operations while continuing to support rapid business growth.
Carbon Neutral
Synopsys achieved CarbonNeutral® company certification across our global operations for the fourth consecutive year through a portfolio of high-quality, verifiable renewable energy certificates (RECs) and offsets. We do not count these RECs and offsets when quantifying progress toward our overall emissions reduction target.
Assessing Climate Risks and Opportunities
We report on our climate related practices using four leading assessment frameworks:
Climate Disclosure Project (CDP)
We have been recognized as a sustainability leader by CDP for our transparency and performance on Climate Change. Our score of A- has put us in their elite leadership band category.
Learn More →Responsible Business Alliance (RBA)
We utilize the RBA self-assessment questionnaire and tools, to assess operational performance on environmental metrics.
Learn More →EcoVadis
We evaluate our sustainability practices and make them accessible to our customers.
Learn More →Task Force on Climate-related Financial Disclosures (TCFD)
We provide investors with information on climate-related risks to our products, operations, and supply chain.
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