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Responsible Business
Responsible Business at Synopsys prioritizes both the needs of our business and its stakeholders, which include our stockholders, customers, employees, partners, and local communities. This contributes to Synopsys’ success while simultaneously driving meaningful progress on environmental and social issues. The positive impact extends beyond our company, reaching into the communities where we operate and fostering strong, lasting partnerships.
How We Manage Responsible Business
Responsible Business at Synopsys is overseen by the Responsible Business Management Team, with support from the Responsible Business Leadership Committee. The Leadership Committee includes executives from across our business who are tasked with driving Synopsys’ environmental, social and governance matters and ensuring implementation of our strategy in their respective areas of responsibility. The Corporate Governance and Nominating (CGN) Committee of the board of directors is responsible for overseeing policies, practices, priority and risk assessments, risk management, initiatives, goals, progress toward goals and public disclosures relating to environmental, social and governance matters.
Engaging our Stakeholders
In 2018, we conducted our first assessment to help us identify priority topics for our strategy and refresh as needed. We continue to review and adjust our strategy, management, and disclosure practices in alignment with emerging expectations, regulations, and best practice standards.
In addition to our priority assessment, we engage with key stakeholders on an ongoing basis to get their perspectives on the Responsible Business program.