Newsweek Names Otis Among World’s Most Trustworthy Companies

Otis Worldwide (NYSE: OTIS) is one of the World’s Most Trustworthy Companies, according to Newsweek, which announced the inaugural list this week. The world’s leading elevator and escalator manufacturing, installation and service company made the list based on a holistic approach to evaluating trust across three key groups: customers, investors, and colleagues.

“This prestigious honor showcases the trust earned by our colleagues’ unwavering commitment to our three Otis Absolutes: Safety, Quality and Ethics,” said Otis General Counsel Nora LaFreniere. “Being recognized for earning and maintaining trust is important to us. It’s proof our customers, passengers, colleagues, and shareholders expect and know we do business the right way – ethically, lawfully and honestly. We strive to increase that trust every day by moving passengers safely for our customers around the globe.”

Newsweek’s first-ever list of the World’s Most Trustworthy Companies was identified based on an extensive survey including 269,000 company evaluations. The study spanned 23 industries and included any stock-listed company with revenue exceeding $500 million with a headquarters in one of 21 countries, according to the outlet. Earlier this year, Otis was also recognized as one of America’s Most Trustworthy Companies by Newsweek in the Construction category.

About Otis
Otis is the world’s leading elevator and escalator manufacturing, installation and service company. We move 2 billion people a day and maintain approximately 2.2 million customer units worldwide, the industry’s largest Service portfolio. Headquartered in Connecticut, USA, Otis is 69,000 people strong, including 41,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. For more information, visit www.otis. com and follow us on LinkedIn, Instagram, Facebook and Twitter @OtisElevatorCo.