Businesses have a central role in shaping tomorrow’s low-carbon economy, and we believe technology companies like Synopsys are well-positioned to help lead that transition. By working to reduce direct environmental impacts and by using our influence to advance more sustainable practices industry-wide, we’re aligning our ambitions with a commitment to science, people, communities, and the planet because a Smart Future has to be a sustainable future.
Our environmental strategy is two-pronged: operating in a way that supports a sustainable future and partnering across our business ecosystem to drive positive change.
In our own operations, we focus on measuring and reporting our energy use and taking specific decarbonization actions as part of our efforts to meet our emissions reduction target and achieve annual CarbonNeutral® company certification.
We’re also building sustainability into the design and operation of our facilities, working to mitigate global electronic waste, and developing solutions for our customers to advance low-power capabilities.
Beyond our walls, we are leveraging our influence to advance sustainability through industry collaborations and the environmental expectations we communicate to our suppliers.
We are committed to doing our part in limiting global warming to 1.5° Celsius above pre-industrial levels. Furthermore, we set a goal to reduce our greenhouse gas emissions by 25 percent by 2024, compared with its 2018 baseline.
In 2021, Synopsys achieved CarbonNeutral® company certification across our global operations for the third year running, offsetting approximately 47,000 MTCO2e through a portfolio of high-quality, verifiable renewable energy certificates (RECs). Though these RECs represent increases in the amount of renewable power in the overall energy market, we do not count them when quantifying progress toward our overall emissions reduction target.
Synopsys became one of four anchor tenants in one of the largest corporate aggregated renewable energy procurement agreements to date, contracting an annual 15 MW of wind energy. This landmark agreement displaces fossil fuels by contributing new renewable energy to the grid and is instrumental to Synopsys’ ability to mitigate approximately 70% of our projected North American emissions.
In 2021, we made significant progress on an ongoing initiative to reduce our global data center footprint through a strategy of optimization, consolidation, and decarbonization. We began a process of closing 38 inefficient on-premise data centers and transitioning to energy-efficient assets and more efficient colocation data center providers.
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. For new building construction and renovation, we seek certification from the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) program. Currently, Synopsys controls six LEED certified locations, including our new Gold-certified campus in Sunnyvale, CA.
Across our global locations, the Synopsys IT team uses environmentally and socially responsible practices for the disposal of electronic waste (e-waste). Retired electronic equipment is sent directly to iTAD Technologies, a certified e-cycler that recycles or refurbishes technology assets for enterprise-level clients.
We report on our ESG practices using four leading assessment frameworks:
Annually disclose on potential climate impacts, risks, and opportunities.
Learn MoreSelf-assessment platform to assess CSR performance on environment and other metrics.
Learn MoreProvide investors with information on climate-related risks to our operations and supply chain.
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