Synopsys' 2021 Corporate Social Responsibility Report: Creating a Smart Future Together
Synopsys released its annual Corporate Social Responsibility (CSR) Report highlighting environment, social, and governance performance.
Our 2021 CSR Report details our journey in Corporate Social Responsibility (CSR) and our Smart Future strategy—how we manage our operational impact and influence others around us to create a better world. By applying Synopsys’ resources, competencies and team-based problem-solving approach, we aim to influence positive social and environmental change across our ecosystem—from our employees and partners to our customers, our communities, our industry and our shared environment. Our aim is to create a Smart Future that’s sustainable, just and secure.
Here are some of the CSR accomplishments from 2021:
- Inclusion and Diversity: Synopsys achieved significant increases in the external hire rate of Black, Latinx and Indigenous talent, and sustained a hiring rate for women that outpaced current representation. We established new university outreach programs to help foster greater diversity within the organization. Additionally, we graduated 83% of managers from our Inclusive Leader program.
- Emissions Reduction: For the third year in a row, Synopsys achieved CarbonNeutral® company certification for offsetting approximately 50,000 metric tons of carbon. We entered into a renewable energy procurement agreement, projected to mitigate approximately 70% of anticipated North American emissions. Operationally, we made inroads through phased closures of inefficient data centers. Synopsys innovation has made possible the low-power platform which enables our customers to achieve additional power reduction for system-on-chip design.
- Cybersecurity: To ensure ongoing safety and security we enhanced our cloud security, particularly important for a hybrid work model. We expanded our zero-trust approach to securing our data and infrastructure, completed third-party risk assessments and ransomware-readiness assessments, and strengthened our crisis response and resiliency efforts.
- Social Impact: In 2021, Synopsys donated more than $3.4 million to charitable organizations around the world. Our employees donated $1.6 million and recorded 6,121 volunteer hours in support of community needs. In response to the ongoing pandemic, we developed country specific COVID relief donation and matching gift campaigns and supported schools by delivering vital supplies for teachers and students returning to school.
These highlights capture only a portion of our overall CSR efforts. We invite you to read the report for the full story of what we accomplished in 2021. We’re excited to continue building on our Smart Future strategy by creating a Smart Future together.
We welcome feedback on this report and our performance. Please send comments and suggestions to CSR at Synopsys.
Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry's broadest portfolio of application security testing tools and services. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products. Learn more at www.synopsys.com.
Media Contact:
Simone Souza
Synopsys, Inc.
PR-content@synopsys.com
