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Otis Worldwide Corp

Common Name
Otis Worldwide
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
72,000
Ticker
OTIS
Exchange
New York Stock Exchange
Description
Otis Worldwide Corporation is a global industrial company specializing in the design, manufacture, installation, and servicing of elevators, escalators, moving walkways, and related vertical transport...

Otis Worldwide's GHG Emissions Data Preview

In 2025, Otis Worldwide completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Otis Worldwide has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
119,254a
125,744a
127,326a
Total Scope 2
Market-Based
20,458a
25,714a
32,569a
Location-Based
30,171a
33,784a
35,713a
Unspecified Calculation Method
N/AN/AN/A
Total Scope 3
12,200,978a
13,667,865b
7,380,600c
Total Scope 1 Revenue Intensity (tCO2e/$M)
8.2637a
8.8173a
8.9609a
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Verified Sources Behind Otis Worldwide’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Otis Worldwide's Sustainability Report 2025
b. Otis Worldwide's Sustainability Report 2024
c. Otis Worldwide's ESG Report 2023
d. Otis Worldwide's ESG Report 2021

Insights into Otis Worldwide's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Otis Worldwide amounted to 149,425 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Otis Worldwide decreased by 6.33%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Otis Worldwide's Scope 1 Emissions Over Time

2019202020212022202320242025040 k80 k120 k160 ktCO2e-7%-1%-2%-2%-1%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Otis Worldwide's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Otis Worldwide were 119,254 metric tons of CO₂ equivalent (tCO₂e).a

Has Otis Worldwide reduced its Scope 1 emissions over time?

Since 2019, Otis Worldwide's Scope 1 emissions have decreased by 17.47%, reflecting a declining long-term trend in Scope 1 emissions over time.ad

Compared to the previous year (2024), Otis Worldwide's Scope 1 emissions decreased by 5.16%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Otis Worldwide's Scope 2 emissions?

In 2025, Otis Worldwide reported Scope 2 greenhouse gas (GHG) emissions of 20,458 tCO₂e using the market-based method and 30,171 tCO₂e using the location-based method.a

Has Otis Worldwide reduced its Scope 2 emissions over time?

Compared to the previous year (2024), Otis Worldwide's Scope 2 emissions (Location-Based) fell by 10.69% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Otis Worldwide use for Scope 2 reporting?

In 2025, Otis Worldwide reported its Scope 2 emissions using the market-based method and using the location-based method.a

Otis Worldwide's Scope 2 Emissions Over Time

2019202020212022202320242025025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Otis Worldwide's Value Chain Emissions

In 2025, Otis Worldwide reported 12,200,978 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Otis Worldwide includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Otis Worldwide's Scope 3 Emissions Over Time

2021202220232024202503.5 M7 M10.5 M14 MtCO2e-6%+1%+85%-11%
  • Total Scope 3
  • Year-over-Year Change

What are Otis Worldwide's Scope 3 emissions?

In 2025, Otis Worldwide reported total Scope 3 emissions of 12,200,978 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 43.5% of these emissions originated from upstream activities such as purchased goods and capital goods, while 56.5% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2024), Otis Worldwide's Scope 3 emissions decreased by 10.73%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Otis Worldwide disclose?

In 2025, Otis Worldwide reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Otis Worldwide's Scope 3 emissions?

In 2025, the largest contributors to Otis Worldwide's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 6,607,071 tCO₂e (54.15%)
  • Purchased Goods and Services (Cat. 1): 4,801,561 tCO₂e (39.35%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 274,422 tCO₂e (2.25%)

Otis Worldwide's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(54.2%)Purchased Goods andServices (Cat. 1)(39.4%)End-of-LifeTreatment of SoldProducts (Cat. 12)(2.2%)

Insights into Otis Worldwide’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Otis Worldwide reported Scope 1 greenhouse gas (GHG) emissions of 119,254 tCO₂e and total revenues of USD 14,431 millions. This translates into an emissions intensity of 8.26 tCO₂e per millions USD.a

Otis Worldwide's Scope 1 Emissions Intensity Compared to Peers

1,0005,00050,000200,0001,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)MiddlebyYear: 2023Scope 1: 89,986 tCO2eRevenue: $M 4,037Scope 1 Intensity: 22.29 tCO2e/$MGates IndustrialYear: 2024Scope 1: 106,200 tCO2eRevenue: $M 3,408Scope 1 Intensity: 31.16 tCO2e/$MEnproYear: 2024Scope 1: 11,394 tCO2eRevenue: $M 1,049Scope 1 Intensity: 10.86 tCO2e/$MA O SmithYear: 2024Scope 1: 75,613 tCO2eRevenue: $M 3,818Scope 1 Intensity: 19.80 tCO2e/$MFlowserveYear: 2024Scope 1: 15,463 tCO2eRevenue: $M 4,558Scope 1 Intensity: 3.39 tCO2e/$MChart IndustriesYear: 2024Scope 1: 19,844 tCO2eRevenue: $M 4,160Scope 1 Intensity: 4.77 tCO2e/$MDonaldsonYear: 2024Scope 1: 23,536 tCO2eRevenue: $M 3,586Scope 1 Intensity: 6.56 tCO2e/$MWatts Water TechnologiesYear: 2024Scope 1: 10,712 tCO2eRevenue: $M 2,252Scope 1 Intensity: 4.76 tCO2e/$MGracoYear: 2024Scope 1: 15,131 tCO2eRevenue: $M 2,113Scope 1 Intensity: 7.16 tCO2e/$MCraneYear: 2024Scope 1: 8,490 tCO2eRevenue: $M 2,131Scope 1 Intensity: 3.98 tCO2e/$MGenerac HoldingsYear: 2025Scope 1: 41,889 tCO2eRevenue: $M 4,209Scope 1 Intensity: 9.95 tCO2e/$MCumminsYear: 2024Scope 1: 347,439 tCO2eRevenue: $M 34,102Scope 1 Intensity: 10.19 tCO2e/$MGE VernovaYear: 2025Scope 1: 215,706 tCO2eRevenue: $M 38,068Scope 1 Intensity: 5.67 tCO2e/$MRegal RexnordYear: 2024Scope 1: 61,149 tCO2eRevenue: $M 6,034Scope 1 Intensity: 10.13 tCO2e/$MNordsonYear: 2024Scope 1: 5,668 tCO2eRevenue: $M 2,690Scope 1 Intensity: 2.11 tCO2e/$MIDEXYear: 2024Scope 1: 17,116 tCO2eRevenue: $M 3,269Scope 1 Intensity: 5.24 tCO2e/$MITTYear: 2024Scope 1: 19,052 tCO2eRevenue: $M 3,631Scope 1 Intensity: 5.25 tCO2e/$MRockwell AutomationYear: 2025Scope 1: 24,075 tCO2eRevenue: $M 8,342Scope 1 Intensity: 2.89 tCO2e/$MAMETEKYear: 2024Scope 1: 29,700 tCO2eRevenue: $M 6,941Scope 1 Intensity: 4.28 tCO2e/$MIllinois Tool WorksYear: 2025Scope 1: 285,187 tCO2eRevenue: $M 16,044Scope 1 Intensity: 17.78 tCO2e/$MEmerson ElectricYear: 2025Scope 1: 66,622 tCO2eRevenue: $M 18,016Scope 1 Intensity: 3.70 tCO2e/$MParker-HannifinYear: 2024Scope 1: 128,862 tCO2eRevenue: $M 19,929Scope 1 Intensity: 6.47 tCO2e/$MXylemYear: 2025Scope 1: 71,013 tCO2eRevenue: $M 9,035Scope 1 Intensity: 7.86 tCO2e/$MDoverYear: 2024Scope 1: 50,757 tCO2eRevenue: $M 7,746Scope 1 Intensity: 6.55 tCO2e/$MIngersoll Rand IncYear: 2024Scope 1: 38,932 tCO2eRevenue: $M 7,235Scope 1 Intensity: 5.38 tCO2e/$MOtis WorldwideYear: 2025Scope 1: 119,254 tCO2eRevenue: $M 14,431Scope 1 Intensity: 8.26 tCO2e/$M

How does Otis Worldwide's GHG emissions intensity compare to its peers?

In 2025, Otis Worldwide reported a Scope 1 emissions intensity of 8.26 tCO₂e per millions USD. Compared to the peer group median of 6.47, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Otis Worldwide rank on GHG emissions intensity within its industry?

In 2025, Otis Worldwide ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Otis Worldwide is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Otis Worldwide's Total Carbon Footprint

In 2025, Otis Worldwide reported a total carbon footprint of 12,350,403 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.68% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Otis Worldwide's total carbon footprint was Scope 3 emissions, accounting for 98.79% of the company's total carbon footprint, followed by Scope 1 emissions at 0.97%.a

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