ESG at Otis | People & Communities
People & Communities
VIEW ESG REPORT (PDF)Connecting together
We seek others’ ideas, encourage innovation and empower our colleagues through learning and development experiences that are aligned with our business strategy and contribute to our broader success. We interact meaningfully in the communities we serve through supporting opportunities for STEM learning, volunteering, and charitable giving.
People & Communities goals
We invest in our local communities, encourage colleague volunteerism and foster an inclusive culture where our colleagues feel welcome and heard, allowing them to develop and grow, perform at their best, and contribute to our business success.
Achieve
gender parity in our executive ranks by 2030
Increase
the score for the inclusive culture category in the company’s colleague engagement survey by 4 points by 2025 (against a baseline score of 71)
Direct
50% of total global giving to science, technology, engineering and math (STEM) programs by 2025
Impact
15,000 students globally through STEM-focused programming across the learning and vocational training continuum to improve livelihoods and help build the workforce of tomorrow by 2030
Dedicate
500,000 colleague volunteer hours in support of vibrant communities, STEM education and social equity efforts globally by 2030
Why inclusion matters
We understand that building an inclusive workplace drives greater engagement and is linked to stronger business performance, which in turn benefits our customers and helps us provide greater returns for our shareholders.
Development, engagement & retention
We trace our beginnings to one man’s genius, and the generations of innovators who came after him have kept us at the forefront of the industry he created. We nurture this pioneering culture by encouraging our colleagues to share ideas, develop new skills and become lifelong learners.
We offer a range of leadership and education programs, including our Employee Scholar Program, along with training programs aimed at advancing the skills of our field professionals.
Community
Otis has a rich history of contributing to communities, with partnerships that span decades. We advocate about a range of issues related to sustainable and inclusive mobility, with focused investments in STEM subjects: science, technology, engineering and math and creating more vibrant communities.
In 2020 we launched Made to Move Communities™, our signature corporate social responsibility (CSR) program and continue to drive year-over-year growth and impact by bringing unique programs and direct mentoring to student and schools in underrepresented communities, sparking an early, life-long interest in STEM – and helping cultivate the next generation of Otis colleagues..
Environmental, Social & Governance Report
The principles of ESG have been embedded in our strategy and culture for decades. In 2021, we became a signatory of the United Nations Global Compact and set public commitments that align with the U.N.’s Sustainable Development Goals. We’ve outlined a clear strategy with ambitious goals and bold initiatives. Read more about our progress in our latest ESG report.
