As of 2025, Otis Worldwide has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Otis Worldwide's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -55%a | 2033 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Business Travel (Cat. 6), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | -33%a | 2033 |
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As of 2025, Otis Worldwide has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2025, Otis Worldwide has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Otis Worldwide's most ambitious operational target is to reduce these emissions by 55% by 2033, compared to a baseline of 173,743 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a
As of 2025, Otis Worldwide is on track to meet its operational emissions reduction target, having achieved 35.62% of the planned reduction.a
As of 2025, Otis Worldwide has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Otis Worldwide's most ambitious value chain target is to reduce these emissions by 33% by 2033, compared to a baseline of 16,281,560 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a
As of 2025, Otis Worldwide is ahead of schedule on its value chain emissions reduction target, having achieved 90.42% of the planned reduction.a