Otis Shares 2023 ESG Report

Otis Worldwide Corp. published its 2023 ESG Report, describing its Environmental, Social and Governance (ESG) strategy and outlining progress on its 13 ESG goals. The Otis ESG strategy focuses on the key areas of Health & Safety, Environment & Impact, People & Communities and Governance & Accountability. Highlights from the 2023 ESG Report include: Otis deployed and expanded innovative safety education programming, including hosting more than 200,000 individual safety education and training engagements globally with colleagues and subcontractors through its fourth annual Season of Safety; By measuring and managing the environmental impact of its products and operations and by increasing its renewable energy use, Otis has reduced absolute scope 1 and 2 emissions by 12% and absolute scope 3 emissions by 5%, both from a 2021 baseline; The company interacted meaningfully through high-impact initiatives in the communities where its colleagues live and work, serving more than 2,400 students across the learning continuum through STEM-focused initiatives, including its signature STEM education and volunteerism program, Made to Move Communities; and Otis says it has continued to leverage the Otis Absolutes of Safety, Ethics and Quality to uphold high standards of governance.