PTC Inc.
PTC.US | Computer programming activities
PTC Inc. is a global technology company that provides software and services for product development, manufacturing, and service lifecycle management. Its core offerings include:
* **CAD (Computer-Aided Design) Software:** PTC's Creo software is used for 3D product design and simulation.
* **PL...Show More
Better Health for All
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PTC Inc. provides software solutions that enable companies in the MedTech industry to design, manufacture, and service medical devices
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. Its solutions help MedTech companies improve patient outcomes
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,
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, enhance safety and efficacy
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, and ensure regulatory compliance with standards like EU MDR and ISO 13485
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. As of May 2021, EU MDR is the new binding legislative act for medical technology developers in the EU
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. PTC's software also helps MedTech companies reduce costs
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, and its SaaS solutions are described as cost-effective
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. As a business-to-business software provider, PTC's products do not directly have health implications, nor does the company directly engage in health-related activities such as clinical trials, public health education, or direct patient care. Therefore, many health-related KPIs are not applicable to its core business model. Specific quantitative data on the percentage of PTC's product portfolio or R&D investment directly aimed at health outcomes is not provided.
Fair Money & Economic Opportunity
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PTC Inc. is a technology company providing software and services for product development and manufacturing, not a financial institution. As such, the company does not offer lending, deposit, or consumer credit products, nor does it manage customer finance data. Therefore, all KPIs related to financial products, fees, lending practices, debt burden, and financial literacy programs are not applicable to its core business model. While PTC engages in philanthropic grantmaking for STEM education and community support
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, and supports small businesses and startups with technology
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,
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,
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, these activities do not constitute direct 'community finance reinvestment' or 'financial literacy initiatives' as defined within the context of financial services by the rubric.
Fair Pay & Worker Respect
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In February 2025, 89% of PTC employees reported that it is a great place to work, with 93% believing management is honest and ethical.
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The company has no recent records of labor law violations or unfair labor practices.
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PTC has no union contracts and no history of labor disputes or union organizing activities.
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It offers competitive salaries and comprehensive benefits, including healthcare, insurance, and retirement plans.
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PTC emphasizes diversity, equity, and inclusion through 12 Employee Resource Groups
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and assesses the risk of modern slavery in its operations and supply chain as low.
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Fair Trade & Ethical Sourcing
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PTC's supply chain is limited and consists of services, indicating no material sourcing of physical commodities that would typically require fair-trade certifications or carry high-risk material exposure.
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The company has received no reports involving complaints of modern slavery risks or incidents to date, meaning no remediation processes have been required.
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All suppliers are required to agree to comply with PTC's Supplier Sustainability Policy at the outset of their relationship, which incorporates commitments regarding labor and human rights, ethics, and responsible business practices.
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Honest & Fair Business
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PTC maintains a Code of Business Conduct and Ethics, which mandates compliance with laws and ethical standards.
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All employees are required to certify their adherence to this code annually.
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The company provides annual Compliance and Ethics Training to its employees.
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Furthermore, PTC's compliance program is designed to address global operational risks, with a specific focus on anti-corruption laws and regulations.
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Kind to Animals
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PTC Inc. is a software company whose core business activities do not involve animals, animal byproducts, or animal testing, resulting in a neutral impact on animal welfare.
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The company does not have animal-related products, operations, or testing.
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In 2023, PTC Inc. planted 1,470 trees in the U.S., 260 in Latin America, and 380 in EMEA/APAC regions, contributing to habitat restoration and biodiversity.
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However, the rubric's positive tiers for wildlife conservation impact require specific financial data (e.g., percentage of revenue) which is not provided in the evidence.
No War, No Weapons
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PTC prohibits the use of its software by nationals or residents of sanctioned countries, including Cuba, Iran, North Korea, Sudan, Syria, Venezuela, and specific regions of Ukraine, as well as by individuals on denied party lists.
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This policy is enforced by license termination for violations and supported by procedures for handling export-controlled data.
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,
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The company has codified ethical red lines, restricting the use of its software for prohibited nuclear-related activity, the design, development, production, stockpiling, or use of missiles, and the design, development, production, stockpiling, or use of biological or chemical weapons.
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Furthermore, PTC has a Modern Slavery Statement, with policies and due diligence processes aimed at mitigating modern slavery risks within its supply chain and operations, demonstrating a commitment to human rights and opposition to human trafficking and forced labor.
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Planet-Friendly Business
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PTC has approved near and long-term science-based emissions reduction targets with the Science Based Targets initiative (SBTi).
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These validated targets include a 50% reduction in combined Scope 1 and 2 emissions by 2030 from a 2022 baseline,
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a 25% reduction in Scope 3 Category 1 (Purchased Goods and Services) emissions by 2030 from a 2022 baseline,
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and a long-term net-zero commitment across all scopes by 2050 with over 90% absolute reductions.
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Respect for Cultures & Communities
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No specific, concrete data points were found in the provided articles that directly map to the quantitative thresholds of any of the KPIs for 'Respect for Cultures & Communities'. The articles mention general community support, STEM education, environmental sustainability, and DEI efforts, but lack specific details such as the number of formal partnerships with indigenous or local community groups, the percentage of revenue reinvested in local community development, details on cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, or cultural preservation investments. The PTC Foundation provided grants totaling $655,000 to 29 organizations worldwide in FY 2024.
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Safe & Smart Tech
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PTC demonstrates a strong commitment to cybersecurity, allocating 5.2% of its total revenue ($87.5 million) to cybersecurity infrastructure and technology enhancements in fiscal year 2023.
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The company has established AI@PTC to oversee responsible AI use and applies NIST's principles of Explainable AI.
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PTC maintains compliance with international data privacy regulations including GDPR, CCPA, and LGPD.
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Its Privacy Policy emphasizes preventing unauthorized data disclosure, and there are no documented incidents of unauthorized data use.
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Furthermore, PTC adheres to industry standards such as ISO 27001 for information security management
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and launched a Coordinated Vulnerability Disclosure Program in August 2018 to address security vulnerabilities.
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Zero Waste & Sustainable Products
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PTC's software solutions are designed to enable product designs with reduced material usage, enhanced repairability, and extended lifespans
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. The company collaborates with partners like Ansys and aPriori to integrate sustainability considerations into design workflows, focusing on material impact analyses and environmental efficiency improvements
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. Additionally, PTC operates an employee-led 'Green at PTC' program, involving over 300 participants in more than 10 countries
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, which focuses on waste reduction through monthly challenges and has reinstated compost and recycling programs at global offices
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.