Environmental, Social & Governance

 

Connect & Thrive

We're setting our vision in motion, focusing on what matters most for our passengers, customers, colleagues and society. With foresight and purpose, we connect at a human level and allow people to thrive in a more sustainable & hopeful world that we build together.

 

 

 

Resources

Environmental Impact

Environment & Impact

We constantly strive to reduce the environmental impact of our products, services and operations - improving the performance of our business as well as our customers'.


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Health and Safety

Health & Safety

We prioritize the health and safety of our colleagues, contractors and the riding public. We're improving safety through the equipment and materials we use along with the policies and practices that guide the way we work.


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People and Community

People & Communities

We foster a culture that embraces many voices and points of view and we support our people with training and professional development. We proactively engage the communities around us by supporting causes and projects that make a tangible difference.


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Governance

Governance & Accountability

We uphold the highest standards of ethics, conducting business with integrity and honoring our agreements. We ensure that our suppliers and others we work with embrace these same principles.


Learn More View Governance Documents Corporate Governance Guidelines

Goals

Our ESG goals are a comprehensive set of 13 targets that strengthen our ESG commitments in Health & Safety, Environment & Impact, People & Communities and Governance & Accountability, and are aligned with major U.N. Sustainable Development Goals.


Commit to achieve
a zero-harm workplace
Achieve gender parity
in our executive ranks by 2030
Achieve 50%
reduction of Scope 1 and Scope 2 emissions by 2030
Reach carbon neutrality
for factory electricity by 2030
Expand availability
of well-being and resilience services to all colleagues worldwide through an Employee Assistance Program by 2023
Educate all
field professionals and subcontractors annually on life-saving Cardinal Rules
Increase colleague favorability
for the inclusive culture category in the company’s engagement survey by 4 percentage points by 2025 (against a 2020 baseline of 71% favorability)
Direct 50%
of total global giving to STEM programs by 2025
Impact 15,000
students globally
through STEM-focused programming and vocational training to help improve livelihoods and help build the workforce of tomorrow by 2030
Dedicate
500,000 colleague volunteer hours
in support of vibrant communities, STEM education and social equity efforts globally by 2030
Achieve 100% factory eligibility
for zero-waste-to-landfill certification by 2025
Complete ISO 14001
certification for all factories by 2025
Award at least 20%
of U.S. supplier spend annually to diverse suppliers


Policies

At Otis we are committed to leading with integrity and respect. This is reflected in our corporate policies, which apply to Otis, our colleagues and those we do business with.

Anticorruption
At Otis, we do business the right way, and we do not tolerate bribery or corruption. Otis will compete for and pursue all business objectives solely on the merits. Otis prohibits all corrupt payments in connection with Otis business.

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Anti-Human Trafficking in the Supply Chain
Otis’ commitment to creating a world where people connect and thrive starts with basic human rights and quality of life around the world. Otis maintains an Anti-Human Trafficking Program designed to detect and mitigate all forms of human trafficking and exploitation of human life in its supply chain.

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Conflict Minerals Policy
As noted in the Otis Absolutes, creating a world where people connect and thrive starts with basic human rights and quality of life around the world. Otis is committed to these principals and to contribute to the elimination of human rights violations in the Democratic Republic of Congo (DRC) region funded by armed groups in the trade of Conflict Minerals.

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Government Relations
Otis’ government relations initiatives are intended to educate and inform officials and the public on a broad range of public policy issues that are important to its businesses. This policy governs all political activity, including lobbying, political contributions and visits of elected officials to Otis facilities.

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Human Rights Position Statement
We are committed to being a force for good in the world. We believe that each of us, committed to doing the right thing together, can incrementally make our organizations, communities, and the world, a better place.

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Supplier Code of Conduct
Our suppliers are critical to our success. To provide superior Otis products and services in a responsible manner, we require suppliers, and everybody they work with, to meet our expectations under the Otis Absolutes.

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Cautionary Statement

This website contains forward-looking statements (including statements that constitute forward-looking statements under the securities laws), including but not limited to, statements that relate to our intent to achieve certain environmental, social and governance plans, targets or goals. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating performance, based on assumptions currently believed to be valid. All such forward-looking statements are subject to risks and uncertainties, and our future results of operations could differ materially from our historical results or current expectations reflected by such forward-looking statements. The forward-looking statements are subject to future events, risks, uncertainties and other factors, many of which are beyond the control of the Company, that could cause actual results to differ materially from our historical results or current expectations, including, but not limited to, changes in regulations and law, severe weather events, including from the effects of climate change, challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services, changes in the economic and political conditions in the industry and markets in which we operate and other risks and uncertainties described in detail in the Company’s most recent Form 10-K, Form 10-Q, and in similar sections of other filings made by the Company with the Securities and Exchange Commission from time to time. The forward-looking statements speak only as of this date. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.