Otis Worldwide (Otis Elevators)

Connecticut
Capital Goods, Technology Hardware and Equipment

Corporate Bias Rating

Expand Summary

Risk Level:

Rating - Caution
Medium Risk

Summary:

Otis scored an 80 on the Human Rights Campaign's (HRC) Corporate Equality Index (CEI). By complying with Human Rights Campaign’s controversial demands, Otis increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Otis forces employees to undergo multiple ideological trainings and uses its corporate funds to support controversial sex and gender ideologies and organizations. Otis has implemented several internal DEI strategies, including unconscious bias trainings and company-wide reviews of "anti-racist" and gender ideology practices. Otis funds the National Urban League and aligns executive incentive compensation with ESG strategy. However, Otis has not used its PAC donations for ideological purposes. For these reasons, Otis Elevator receives a Medium Risk rating.

Generate Reports
Clear
Toast