Otis Worldwide

Industrial Machinery
OTIS
$ 73 (2.8)%
Share price
$ 31 bn
Market Cap
$ 39 bn
Enterprise Value

Carbon footprint

5.4 Ton
GHG emissions per $ 1 mln investment
0.19x the weighted average for S&P 500
FY2020
How is this calculated?
-8.8%
YOY change in GHG emissions
In line with the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-4.5%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
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 2020 at 209 Kt (-20 /-8.8% y-o-y). Also positively, carbon intensity was down at 16,384 t (-1,088 /-6.2% 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 -9.4 Kt per annum over the period of FY2021 - 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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