Climate Policy Engagement Analysis
Climate Policy Engagement Overview: Otis Worldwide has extremely limited engagement with climate policy and minimal top-line messaging on climate change. The company’s President and CEO, Judy Marks, is a member of the Business Roundtable, which engages generally negatively on climate policy.
Top-line Messaging on Climate Policy: Otis Worldwide has highly limited messaging on climate policy in recent years. On its corporate website, last accessed in January 2025, the company supported emissions reductions in its own operations to address the “urgency of climate change,” and uses the Paris Agreement as a benchmark for its emissions goals according to its 2023 ESG Report. However, Otis has not taken a wider position on the Paris Agreement or clearly supported IPCC-aligned emissions reductions beyond its own operations. Previously, in a September 2022 YouTube video, the company’s President and CEO Judy Marks appeared to link an increase in natural disasters to climate change.
Engagement with Climate-Related Regulations: Otis Worldwide appears to have limited engagement with climate policy and has not provided a clear disclosure of its relevant climate policy positions or engagement activities on its corporate website or its 2023 CDP response. InfluenceMap has been unable to identify examples of direct policy engagement on climate-related regulations.
Positioning on Energy Transition: Otis Worldwide has limited, positive messaging on the energy transition. In a February 2023 article posted on its website, the company appeared to support the electrification of transportation in Singapore. Otis is also vocal about the use of renewables in its own operations, but this does not appear to have translated into broader advocacy in favor of the energy transition.
Industry Association Governance: Otis Worldwide has not disclosed a list of its industry association memberships on its corporate website. In its 2023 CDP response, the company disclosed its membership to the US Business Roundtable, but offered only top-line information about its associations’ engagement activities, thus excluding key instances of climate policy engagement. For example, the Business Roundtable opposed the ambition of the EPA's proposed power plant rules in August 2023 comments. The company also disclosed membership to the European Lift Association and the National Foreign Trade Council in its response. These associations are not covered by InfluenceMap's database, thus it is unclear whether the company’s limited disclosure is accurate or misleading for these associations.