ESG
Hyundai Elevator Announces Net-Zero Goal
Hyundai Elevator pledged to achieve carbon neutrality by 2050, in a report it released Monday, The Korea Times reports. The report shows the company's efforts between 2022 and 2023 to...
Otis Awards 60 Female Students in China STEM Scholarships
In collaboration with the China Women’s Development Foundation, Otis awarded 60 female students in China with scholarships toward earning degrees in science, technology, engineering and mathematics (STEM) at Tianjin University...
Climate-Conscious Growth
Your author explains how green buildings enhance ESG performance in Indian real estate. by Gurmit Singh Arora The climate change crisis and its far-reaching consequences have made clear the urgent...
TKE Second Sustainability Reports Shows Progress Towards ESG Targets
Düsseldorf, Germany-headquartered TK Elevator (TKE)'s second sustainability report, published on April 27, shows what the company describes as "significant progress towards the company's ESG (Environmental, Social and Governance) targets." Titled...
Nippon Otis To Cut Electricity Consumption with Solar Panels
Nearly a quarter of annual electricity consumption at the Nippon Otis Elevator Co. logistics and engineering center (NOLEC) in Japan can now be offset by power generated with newly-installed solar...
Otis China and CSCLF Partner to Further STEM Learning
Otis China and the China Soon Ching Ling Foundation (CSCLF) announced a partnership on April 7 to advance career prospects for girls and women in China by supporting education and...
Otis Publishes 2022 ESG Report
On April 6, Farmington, Connecticut-headquartered Otis published its 2022 Environmental, Social and Governance (ESG) report, highlighting alignment with the global OEM's strategic operating imperatives of sustaining new equipment growth, accelerating...
Otis Asia Pacific Strategizes, Forms Bonds in Jakarta
The Otis Asia Pacific team spent a week in Jakarta, Indonesia, recently to hold its first 2023 strategic review, recognize top sales performers and give back to the local community,...
Otis Taps EVCo to Convert Service Fleet to EVs
Otis has entered into a Memorandum of Understanding (MoU) with EVCo to convert its fleet vehicles in Singapore to Electric Vehicles (EVs), Otis announced earlier this month. Based in Singapore,...
Otis’ Florence Factory Achieves Zero-Waste-to-Landfill Certification
Otis' Florence, South Carolina, factory achieved Gold-level Total Resource and Use Efficiency (TRUE) certification for its zero waste efforts, the company announced on December 21. The plant is the first...
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