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

The disclosed figures for political contributions and lobbying expenditures suggest that Cadence Design Systems is engaging in corporate political behavior that can potentially prioritize corporate interests over democratic accountability. Although the amounts are moderate, such activities may contribute to shaping policies that favor authoritarian practices.

Cadence Design Systems Profile: Summary

By mandating that suppliers adhere to high ethical and environmental standards based on the Responsible Business Alliance Code, Cadence demonstrates a commitment to supply chain ethics, thus promoting responsible corporate conduct and curbing practices that might enable exploitative labor or environmental harm.

Supplier Code of Business Conduct - English

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

The report also highlights strong labor relations, evidenced by Cadence's repeated inclusion in Fortune's list of best companies to work for, signifying progressive treatment of employees and a commitment to fair labor practices.

Cadence 2023 Environmental, Social and Governance Report

The ESG report demonstrates Cadence’s commitment to ethical responsibility and socially responsible business practices. By outlining initiatives that aim to improve community well‐being and support innovative technology that benefits people, the company is taking a positive stance against structures that enable authoritarianism. This proactive disclosure and emphasis on positive social impact align with anti-fascist and pro-worker values.

Cadence 2023 Environmental, Social and Governance Report - Yahoo Finance

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

The reported lobbying expenditure, though not extremely high, raises concerns about undue corporate influence on public policy. From an anti-fascist perspective, corporate lobbying is problematic as it can be used to undermine democratic accountability and favor policies that protect corporate interests over marginalized communities.

Cadence Design Systems Issues Lobbied

The reported spending of $125,000 on lobbying in 2023 indicates that Cadence Design Systems is actively engaging in political influence. From an anti-fascist perspective, corporate lobbying—especially in a context where it may facilitate undue influence over public policy—raises concerns about the undermining of democratic accountability.

Cadence Design Systems Lobbying Reports

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

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