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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, INC.
Description
Otis Worldwide Corporation is a leading global manufacturer and service provider of elevators, escalators, and moving walkways. Specializing in both new equipment and ongoing service, the company desi...

Otis Worldwide's Waste Data Preview

In 2023, Otis Worldwide conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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Limited Data Preview
You are viewing a limited preview of Otis Worldwide’s Waste Management dataset. The full dataset, available for download, includes total waste generated, broken down by hazardous and non-hazardous streams, along with reported recovery and disposal figures with historical coverage back to 2019.
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Verified Sources Behind Otis Worldwide’s Waste Management 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. Explore Otis Worldwide’s data sources below and access millions more through our Disclosure Search.

a. Otis Worldwide's ESG Report 2023
b. Otis Worldwide's ESG Report 2022

Insights into Otis Worldwide's Waste Treatment Practices

In 2023, Otis Worldwide generated a total of 18,380metric tonnes of waste.a

Of this amount, 97.93% of Otis Worldwide's total waste generated was recovered through methods such as recycling, reuse, or composting, while 2.07% was disposed of through landfilling, incineration, or combustion.a

Otis Worldwide's Waste Recovery Rate

98%

How much of Otis Worldwide's waste is recycled or recovered?

In 2023, Otis Worldwide reported a total waste generation of 18,380 metric tonnes, of which 97.93% was recovered through recycling, reuse, or composting.This high recovery rate suggests that Otis Worldwide has implemented strong circular economy practices and actively prioritizes sustainable waste management.a

Has Otis Worldwide reduced its environmental waste footprint over time?

Since 2019, Otis Worldwide's total waste generation decreased by 6.18%, including a further 3.92% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.ab

Over the same period, Otis Worldwide's waste recovery rate increased by 16.09%.ab

Otis Worldwide’s Waste Recovery vs. Disposal Over Time

2022202305 k10 k15 k20 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Otis Worldwide’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Otis Worldwide generated a total of 18,380 metric tonnes of waste.a

Of this amount, 0.76% of Otis Worldwide's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment.99.24% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a

Otis Worldwide’s Hazardous vs Non-Hazardous Waste Over Time

2019202020212022202305 k10 k15 k20 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Otis Worldwide reduced the environmental impact of its waste?

Since 2019, Otis Worldwide's total waste generation decreased by 6.18%, with an additional 3.92% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.a

Over the same period, the share of hazardous waste in Otis Worldwide's total output increased by 35.92%, including a further 1.17% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.ab

Overall, Otis Worldwide's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.a

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