Otis Worldwide

Industrial Machinery
OTIS
$ 82 (0.58)%
Share price
$ 34 bn
Market Cap
$ 40 bn
Enterprise Value

Carbon footprint

5.3 Ton
GHG emissions per $ 1 mln investment
0.16x the weighted average for S&P 500
FY2021
How is this calculated?
+2%
YOY change in GHG emissions
Weaker than the -0.8% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-5.1%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -8% weighted average for S&P 500
FY2022
How is this calculated?

Otis Worldwide aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
Otis Worldwide's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Otis Worldwide's GHG emissions (location-based) (Kt of CO2e)
Otis Worldwide's Carbon intensity (Tons per 1 USDm)

Otis Worldwide's carbon footprint

Otis Worldwide reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 213 Kt (+4.2/+2% y-o-y). At the sime time, carbon intensity tumbled to 15 t (-1.5 /-9.1% y-o-y).

No public disclosure of Scope 3 emissions has been found for Otis Worldwide at the moment.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -11 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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