Otis Named Among America’s Greenest Companies by Newsweek

Otis Worldwide (NYSE: OTIS) is one of America's Greenest Companies according to Newsweek, which announced the inaugural list this week. Companies were evaluated based on their greenhouse gas emissions, water usage, water generation, waste generation, and sustainability data disclosure and commitments.

“This recognition is validation of our work to make meaningful progress in reducing environmental impacts of our products and operations, including our factories and vehicle fleet,” said Kevin Dix, Otis Vice President of Environment, Health & Safety. “In addition to being stewards for the environment, we are realizing broad business benefits through enhanced efficiency and operational excellence, while also ensuring our products continue to meet customer expectations.”

In 2021, Otis established 13 goals aligned with the U.N. Sustainable Development Goals (SDGs). Otis’ goals for Environment & Impact include:

• Achieve a 50% reduction of Scope 1 and Scope 2 emissions by 2030
• Reach carbon neutrality for factory electricity by 2030
• Achieve 100% factory eligibility for zero-waste-to-landfill (ZWTL) certification by 2025
• Complete ISO 14001 certification for all factories by 2025 (achieved)

The Newsweek study, conducted in partnership with Plant-A and GIST Impact, identified the top 300 companies in the U.S. based on environmental sustainability. The rankings are supported by research and analysis of top organizations in the U.S. that have a market capitalization of a minimum US$5 billion and adhere to the European Union sustainably standard guidelines.

Otis was also recognized by Newsweek this year as one of the World’s Most Trustworthy Companies and America’s Most Trustworthy Companies. To learn more about ESG at Otis, visit https://www.otis.com/en/us/our-company/esg.

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.