Cadence Design Systems, Inc.

San Jose, United States

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. The company offers a comprehensive suite of tools that aid in automating and optimizing the chip design process, enabling faster and more accurate semiconductor development.

CCI Score

-12.73

April 18

Latest Event

Cadence Design Systems 2024 Political Contributions and Lobbying Activity

Cadence Design Systems, Inc. recorded $145,713 in contributions and $410,000 in lobbying expenditures during the 2024 cycle. The spending, along with a notable revolving door of lobbyists, raises concerns over the company's influence on policy-making, potentially advancing authoritarian agendas.

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ENABLER

Cadence Design Systems, Inc. is currently rated as an Enabler.

-10 to -19 CCI Score

Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

FEB

06

2025

Cadence Design Systems 2024 Political Contributions and Lobbying Activity
-78.45

Cadence Design Systems, Inc. recorded $145,713 in contributions and $410,000 in lobbying expenditures during the 2024 cycle. The spending, along with a notable revolving door of lobbyists, raises concerns over the company's influence on policy-making, potentially advancing authoritarian agendas.
-80

Political Contributions and Lobbying Efforts

March 21

The data indicates that Cadence Design Systems engaged in significant political contributions and lobbying activities in the 2024 cycle, spending $145,713 on contributions and $410,000 on lobbying. This level of expenditure, particularly in a context where corporate money can sway policy in favor of authoritarian interests, suggests a disturbing pattern of political influence. The presence of a revolving door among their lobbyists further heightens concerns about undue corporate impact on democratic processes.

Cadence Design Systems Profile: Summary
MAY

02

2024

Cadence UK Modern Slavery Act Compliance
79.46

Cadence Design Systems has demonstrated a strong commitment to preventing modern slavery through robust internal policies, supplier due diligence, and mandatory employee training, ensuring ethical labor practices within its operations and supply chains.
+90

Labor Relations and Human Rights Practices

March 21

Cadence’s clear stance against forced, bonded, or indentured labor, backed by mandatory training and established reporting channels, reflects a strong commitment to upholding labor rights and human dignity within its operations.

UK Modern Slavery Act | Cadence
+85

Supply Chain Ethics

March 21

Through comprehensive supplier risk assessments, a robust Supplier Code of Business Conduct, and ongoing due diligence, Cadence effectively addresses supply chain vulnerabilities related to modern slavery and unethical labor practices.

UK Modern Slavery Act | Cadence
DEC

31

2023

Cadence Design Systems Lobbying Activity
-26.34

Cadence Design Systems spent $165,000 on lobbying in 2023, raising concerns among anti-fascist observers regarding the use of corporate resources to potentially influence political processes in ways that may support authoritarian policies.
-30

Public and Political Behavior

March 21

The company's reported expenditure of $165,000 on lobbying in 2023 reflects an active engagement in political influence. Such corporate lobbying is viewed critically by anti-fascist groups because it can potentially skew policy in favor of corporate interests and undermine democratic accountability. This rating reflects concerns about Cadence Design Systems’ contribution to the broader trend of corporate complicity in fostering environments where authoritarian practices may flourish.

Cadence Design Systems Lobbying Profile • OpenSecrets
FEB

09

2017

Cadence’s Anti-Union Tactics Undermine Worker Rights
-30.86

Cadence Aerospace-Giddens, a division of Cadence Design Systems, faced significant criticism after reports emerged of anti-union consultants and management intimidation tactics aimed at dissuading workers from unionizing. Despite the efforts, employees unionized, leading to improved wages, job security, and benefits. This event highlights concerning labor practices by the company that undermine workers' rights and collective bargaining.
-70

Labor Relations and Human Rights Practices

March 21

Cadence’s reported use of anti-union consultants and intimidation tactics against workers demonstrates a disregard for labor rights and undermines efforts for fair labor practices. Such actions not only suppress worker organization but also contribute to an environment where authoritarian managerial practices are tolerated, reflecting a broader complicity in undermining democratic workplace practices.

Don’t Believe Anti-Union Hype, Cadence Workers Say
JUL

01

2008

Cadence Design Systems Unpaid Overtime Settlement (2008)
-7.45

In July 2008, Cadence Design Systems settled a class action lawsuit related to unpaid overtime claims by technical support workers who alleged that the company misclassified them as exempt from overtime pay, reflecting poor labor relations and a disregard for fair worker treatment.
-40

Labor Relations and Human Rights Practices

July 1

The 2008 settlement of a $7.664 million class action lawsuit due to unpaid overtime claims highlights significant shortcomings in Cadence’s adherence to labor rights. Misclassification of workers deprived them of fair compensation, a practice that reflects exploitative labor relations and undermines worker protections critical in resisting authoritarian exploitation of labor.

Cadence Design Systems Overtime – Lieff Cabraser