Otis Earns EcoVadis Gold Sustainability Rating for Second Consecutive Year

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Otis Worldwide Corporation earns gold rating from EcoVadis for second consecutive year

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• Otis Worldwide Corporation has earned a gold rating from EcoVadis for the second straight year, placing it among the top 5% of all assessed companies. This rating reflects the company's commitment to sustainability and its efforts to help people, societies, and environments thrive. The EcoVadis platform uses over 20 criteria to measure a company's commitment to sustainability across various areas of corporate social responsibility and sustainability. With more than 100,000 companies using the same platform, the EcoVadis rating provides valuable insights into a company's sustainable business practices.

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FARMINGTON, Conn., Oct. 5, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) earned a gold rating this year from EcoVadis, a global sustainability rating platform. It's the second straight year Otis obtained the gold rating – ranking among the top 5% across all assessed companies.

"This rating represents the global efforts of our colleagues to help people, societies and environments thrive today and into the future," said Senior Director of Environmental, Social, and Governance (ESG) Susan Lester. "The universal scorecard used by EcoVadis acts as a barometer for us to benchmark against and it's something we will continue to use as a guidepost to help our customers see our progress."

The EcoVadis platform uses more than 20 criteria to measure a company's commitment to sustainability based on continuous improvements across the four areas of corporate social responsibility (CSR) and sustainability: Environment, Labor Practices and Human Rights, Fair Business Practices, and Sustainable Procurement. With more than 100,000 companies around the world using the same platform, the EcoVadis rating provides a view into a company's commitment to sustainable business practices.

In 2021, Otis established 13 ESG goals within the focus areas of Health & Safety, Environment & Impact, People & Communities, and Governance & Accountability. To learn more about the company's commitment to sustainability, please read the latest ESG report.

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(X) @OtisElevatorCo.

Contact: 
Justin Herndon
813-957-0255
Justin.Herndon@otis.com 

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SOURCE Otis Worldwide Corporation

FAQ

What is Otis Worldwide Corporation's rating from EcoVadis?

Otis Worldwide Corporation has earned a gold rating from EcoVadis for the second consecutive year.

How does EcoVadis measure a company's commitment to sustainability?

EcoVadis uses over 20 criteria to measure a company's commitment to sustainability across areas such as environment, labor practices, fair business practices, and sustainable procurement.

What does the EcoVadis rating indicate?

The EcoVadis rating provides insights into a company's commitment to sustainable business practices and is used by over 100,000 companies worldwide.

What are Otis Worldwide Corporation's ESG goals?

Otis Worldwide Corporation has established 13 ESG goals in the areas of Health & Safety, Environment & Impact, People & Communities, and Governance & Accountability.

Where can I learn more about Otis Worldwide Corporation's commitment to sustainability?

You can read the latest ESG report to learn more about Otis Worldwide Corporation's commitment to sustainability.