Public data, as of October 2026

Company profile

Otis Worldwide Corporation

OTISotis.comLatest disclosure 2024

Otis Worldwide Corporation reported about 14 million tCO₂e for 2024, and 99% of it sits in Scope 3, in the value chain beyond the company's own operations.

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SBTi statusValidated Targets

Near-term status: Validated Targets. Net-zero status: no net-zero target on record.

Where insetting fits

Scope 3 is 99% of the footprint, the part of the value chain that supplier emissions reductions can reach.

Peer position

Scope 3 is 99% of the footprint, close to the peer median of 100%.

Voluntary retirements

Registry records show about 2,500 credits retired for this company.

Emissions

How the reported footprint breaks down by scope and year.

tCO₂e, GHG Protocol scopes
Source: published disclosure, FY2024

Peer benchmark

How Otis Worldwide Corporation compares with its industry peers on Scope 3.

Peers: companies in the SBTi industry "Electrical Equipment and Machinery", by Scope 3 share of the latest reported footprint.

CompanyScope 3 share%

Otis Worldwide CorporationThis company99%
Daikin Industries, Ltd.100%

Company profile

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Related projects

None yet

Inset projects on Carbon3None yet

Reported emissions by year

Scope 1
Scope 2
Scope 3

FY2024

Scope 1, direct	120,2751%
Scope 2, purchased energy	26,815<1%
Scope 3, value chain	13,667,86599%
Total	13,814,955

Years without a matched disclosure stay open until a published source is matched.

Source document: otis.com

Scope 3 by category, 2024

11 categories itemized

C1Purchased Goods and Services4.3 Mt32%
C2Capital Goods89 kt1%
C3Fuel and Energy Related Activities40 kt<1%
C4Upstream Transportation and Distribution19 kt<1%
C5Waste Generated in Operations4 kt<1%
C6Business Travel24 kt<1%
C7Employee Commuting90 kt1%
C9Downstream Transportation and Distribution188 kt1%
C11Use of Sold ProductsLargest category8.6 Mt63%
C12End-of-Life Treatment of Sold Products275 kt2%
C15Investments9 kt<1%

Climate targets

What the SBTi listing says about the company's targets.

Status as published by the SBTi

Primary SBTi record: Otis Worldwide Corporation

Near-term targetValidated Targets

Classification: 1.5°C
Target year: 2033

Net-zero targetNot listed

Net-zero year: Not listed

Carbon3 shows each record exactly as the SBTi publishes it, and does not assess, rate or endorse targets. A validated target says nothing about any market instrument.

Voluntary retirements

Voluntary credits retired for this company on public registries.

Registry records naming the company as beneficiary

ProjectRegistryRetired inCredits retired

Hydropower (VCS883)Verra20252,515

These are voluntary market retirements, which sit outside the value chain. Inset credits retired on Carbon3 would appear as their own rows, linked to the supplier project.about 2,500 credits in total

Nidec Corporation

100%

Atlas Copco Aktiebolag (publ)100%

Mitsubishi Electric Corporation99%

Scania AB100%

PACCAR Inc100%

Peer median: 100%Scope 3 boundaries differ between reports, so compare shares with care.

Scope 3 position

Near the peer median

The company's Scope 3 share is 99%, against a peer median of 100%.

Disclosure coverage

6 of 6 disclose

6 of 6 named peers report all three scopes, so their Scope 3 share can be compared.

Research summary

What the public record says about this company's decarbonization.

No report has been generated for this company yet

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Related projects

Decarbonization projects that name the company as a partner.

Emerging projects catalog, status as reported by each project

No projects linked to this company yet

Carbon3 has not yet found a public decarbonization project that names this company.

No inset projects are listed for this company yet.

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