Cadence Design Systems

California
Software and Services

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Cadence Design Systems scored a 100 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Cadence Design Systems (Cadence), increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Cadence forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Cadence offers a match gifting program to Planned Parenthood and frequently uses its reputation and corporate dollars to promote LGBT issues and organizations. The company educates its employees on unconscious bias and allyship. For these reasons, Cadence Design Systems receives a High Risk rating.

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