A Global Citizen
Ensuring transparency in our supply chain.
As a member of the Responsible Business Alliance (RBA), Synopsys fully supports the vision and mission of the RBA.
We are committed to the alignment of our operations with the provisions of the RBA Code of Conduct and to the adoption of the RBA approach and tools, where possible. Moreover, we encourage our first-tier suppliers to do the same.
Integrity is one of Synopsys’ core values. We believe that running our business with integrity includes supply chain management. As a member of the Responsible Business Alliance (RBA), Synopsys is committed to aligning its operations with the provisions of the RBA Code of Conduct.
Although we are primarily a software company, we also offer a limited number of hardware products. Like many companies in the semiconductor industry, we are concerned by reports that trade in minerals mined in the Democratic Republic of the Congo and surrounding countries (the DRC region) may be funding violent militias that have committed atrocities in those countries. These minerals include tin, tungsten, tantalum, and gold, each of which is often used in semiconductors.
In 2012, the U.S. Securities and Exchange Commission (SEC) adopted rules under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act that require publicly-traded companies to disclose the use of conflict minerals originating from the DRC region in their products. The rules currently define “conflict minerals” as coltan, cassiterite, wolframite and gold, and their derivatives, which include tin, tantalum and tungsten.
Synopsys fully complies with Section 1502 and the SEC rules, and we are committed to working with our direct suppliers to reasonably assure that the conflict minerals in the products we manufacture do not directly or indirectly benefit armed groups that perpetrate serious human rights abuses in the DRC region.
We expect our direct suppliers to assist us in our ongoing compliance and due diligence efforts. We have implemented a conflict minerals due diligence program that is based on the Organisation for Economic Co-operation and Development’s “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas,” that incorporates the standards set forth in this policy, and that leverages the reporting template created by the Responsible Minerals Initiative.
Fiscal Year 2019
About Synopsys
Synopsys is a global leader in providing software, intellectual property, and services used by designers along the entire silicon to software spectrum, from engineers creating advanced semiconductors to software developers seeking to ensure the quality and security of their products. We supply electronic design automation software that engineers use to design and test integrated circuits, also known as chips. We also offer intellectual property (IP) products, which are pre-designed circuits that engineers use as components of larger chip designs instead of designing those circuits themselves. We provide software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. To complement these offerings, which are sold primarily to semiconductor and electronics companies, we provide technical services to support our solutions and help our customers develop chips and electronic systems. We are also a leading provider of software tools that developers use to improve the quality and security of software code in a wide variety of industries, including electronics, financial services, energy, and industrials.
Although we are primarily a software, IP, and service provider, we also offer hardware systems that engineers can use to simulate the chips they are in the process of designing. This allows engineers to test and verify the behavior of chips, or begin to develop software for them, before the chips have been manufactured.
Slavery and Human Trafficking
The United Kingdom Modern Slavery Act 2015 requires certain businesses to provide disclosures concerning their efforts to address the issues of slavery and human trafficking in their supply chains. This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes the Slavery and Human Trafficking Statement of Synopsys (Northern Europe) Limited for the financial year ending November 2, 2019. This statement was approved by the Directors of Synopsys (Northern Europe) Limited on June 16, 2020, and also by the Directors of Synopsys, Inc. on June 18, 2020.
A key element of Synopsys' success is our strong set of core values: Integrity, Execution Excellence, and Leadership. Our core values reflect our commitment to ethical business practices, including conducting operations that are free from human trafficking and forced labor.
Synopsys maintains a number of policies and practices to manage our supply chain in an ethical and socially responsible way.
In fiscal year 2019, we undertook the following actions in support of the Act: