Otis Named Among America’s Most Responsible Companies by Newsweek

Otis Worldwide Corp. (NYSE: OTIS), the world’s leading company for elevator and escalator manufacturing, installation and service, has again been named to Newsweek’s list of America’s Most Responsible Companies for 2024

The annual list ranks companies in the U.S. based on publicly available data, including ESG reports, financial disclosures and public commitments, as well as an independent survey of U.S. citizens about their perception of company activities related to corporate social responsibility.

Otis ranked 187 this year out of 600 companies listed. This is the company’s third consecutive year on the prestigious list.

“This award recognizes our work to do well by doing good, and to make decisions focused on creating a stronger, more sustainable tomorrow,” said Susan Lester, Otis Senior Director for ESG. “As a global company and an industry leader, we believe it is about doing the right thing for our colleagues, customers, shareholders and the communities where we live and work.”

Most recently, Otis committed to set near-term science-based greenhouse gas (GHG) reduction targets for Scopes 1, 2 and 3, against a 2021 baseline, which have been formally submitted to the Science Based Targets Initiative (SBTi) for evaluation.

To learn more about Otis’ ESG goals and progress toward them, read the 2022 Otis ESG report

The Newsweek recognition joins other recent accolades for Otis, including:

• Gold sustainability rating from EcoVadis™ 
• America’s greenest companies by Newsweek™ 
• World’s best employers by Forbes™ 
• World’s top companies for women by Forbes 
• Global Inclusion Index and U.S. Inclusion Index company by Seramount

Visit our Awards page to learn more about Otis’ recent awards and recognition.

Photo caption: The Otis facility in Vigo, Spain recently received “Zero Waste” certification and completed installation of a photovoltaic plant expected to reduce annual electricity consumption by 30%, eliminating ~44 Mtons of CO2 per year.

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. To learn more, visit www.otis.com, LinkedIn , Instagram and Facebook.

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