Otis Worldwide Corporation · NYSE:OTIS

Otis Worldwide — ESG Presentation (November 2022)

11 slides from Otis Worldwide's sustainability presentation, November 2022

  1. Slide 1: Investor Outreach ESG

    Investor Outreach ESG November 2022 © 2022 OTIS WORLDWIDE CORPORATION

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements Note: All results and expectations in this presentation reflect continuing operations unless otherwise noted. This communication contains statements which, to the extent they are not statements of historical or present fact, constitute “forward-looking statements” under th

  3. Slide 3: Our collective commitment & vision in motion

    Our collective commitment & vision in motion INTEGRATING OUR STRATEGIC PILLARS AND OUR ESG COMMITMENTS TO DRIVE SHAREHOLDER VALUE SUSTAIN NEW HEALTH & EQUIPMENT GROWTH SAFETY ACCELERATE SERVICE ENVIRONMENT & PORTFOLIO GROWTH IMPACT CONNECT & THRIVE ADVANCE PEOPLE & DIGITALIZATION COMMUNITIES FOCUS &

  4. Slide 4: Governance

    Governance ESG Governance Model Board Composition* Executive compensation Short-term incentive design Judy F. Marks Earnings 40% Free cash flow 30% Organic sales 15% Margaret M. V. Preston Shailesh G. Jejurikar Nelda J. Connors New equipment orders 15% Kathy Hopinkah Hannan Shelley Stewart Jr. John

  5. Slide 5: Health & Safety

    Health & Safety GOALS UPDATE Annually educate field Commit to achieve a Well-being and resilience professionals and subcontractors zero-harm workplace services for all Otis colleagues on life-saving Cardinal Rules • Empower colleagues to exercise • Launched Field Training Center of • Services availa

  6. Slide 6: Environment & Impact

    Environment & Impact KEY 2022 HIGHLIGHTS Energy efficiency Product Waste reduction • New factory in San Sebastian, • Published five new EPDs in 2022 • Continued implementation of Spain powered by 100% sustainable production practices renewable (zero carbon) energy • Recognition as a “No-Waste • Foot

  7. Slide 7: Environment & Impact: Scope Emissions

    Environment & Impact SCOPE 3 EMISSIONS Scope 3 planning Quantification Emission reduction roadmap • Formed cross-functional • Identified third-party • Decarbonization team subject matter expert pathway modeling & (SME) assessment • Utilized existing business data to estimate • Enhance quantification

  8. Slide 8: Environment & Impact: Key Activities to Achieve ESG Goals

    Environment & Impact KEY ACTIVITIES TO ACHIEVE ESG GOALS WITHIN OUR OPERATIONS Our Goals Recent Progress • GHG target included in executive short-term incentive plan 50% reduction of Scope 1 & Scope 2 Greenhouse • Added GHG impact benchmarks to real estate lease Gas (GHG) emissions by 2030 approval

  9. Slide 9: People & Communities: Diversity, Equity & Inclusion

    People & Communities DIVERSITY, EQUITY & INCLUSION Achieve gender parity in Increase favorability for Inclusion >20% of annual U.S. supplier executive ranks by 2030 in Engagement Survey spend with diverse suppliers • Launched DE&I governance with • Improved Inclusion Score in 2022 • On track to meet

  10. Slide 10: People & Communities: Community Engagement Progress

    People & Communities COMMUNITY ENGAGEMENT PROGRESS Impact 15,000 students Dedicate 500,000 colleague Direct 50% total giving to globally by 2030 volunteer hours by 2030 STEM programs by 2025 • Scale signature Made to Move • Deploy and leverage global • Further align global charitable Communities pro

  11. Slide 11: © 2022 OTIS WORLDWIDE CORPORATION

    © 2022 OTIS WORLDWIDE CORPORATION 11

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