Otis Achieves EcoVadis Gold Rating Twice
Otis Worldwide Corporation 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 1,00,000 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.