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Otis India Volunteers Create Urban Forests of Native Trees and Plants

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Otis India, a subsidiary of Otis Worldwide (NYSE:OTIS), has launched a volunteer tree planting initiative in major cities across India. Colleagues have already planted 2,000 trees in Bengaluru and Kolkata, with plans for more in Mumbai and New Delhi. The effort aims to preserve biodiversity and support vibrant communities, in line with the company's global sustainability goals.

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Positive

  • Volunteer tree planting initiative in major Indian cities

  • 2,000 trees planted in Bengaluru and Kolkata

  • Plans to plant additional trees in Mumbai and New Delhi

  • Efforts help preserve biodiversity and support vibrant communities

Negative

  • None.

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On the day this news was published, OTIS declined 2.32%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NORTHAMPTON, MA / ACCESSWIRE / April 30, 2024 / Otis Worldwide Corporation

Otis India, a subsidiary of Otis Worldwide Corporation (NYSE:OTIS), the world's leading manufacturer of elevators, escalators, and moving walkways, has embarked on a volunteer tree planting initiative in major cities across India. Since last November, colleagues from Otis India have planted 2,000 trees in Bengaluru and 2,000 trees in Kolkata, with the intent to plant an additional 2,000 trees in both Mumbai and New Delhi this year.

Thanks to the efforts of Otis India volunteers, these urban centers now have thousands of new trees and plants helping to preserve biodiversity, many of which yield ecological benefits. To ensure the longevity and wellbeing of the newly planted trees, Otis India has committed to maintaining the trees for one year, supported by specialists to take care of watering and weeding.

The tree planting initiative is a part of the company's continuing focus on supporting vibrant communities. "This work supports our global sustainability and community engagement goal to contribute 500,000 volunteer hours by 2030, ensuring that our colleagues help sustain and improve the communities where they live and work," said Sebi Joseph, President, Otis India. "Planting diverse, native trees is also an important step toward helping preserve biodiversity in these urban centers."

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide - the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo.

Otis volunteers work on native tree planting initiative in major cities across India.

View additional multimedia and more ESG storytelling from Otis Worldwide Corporation on 3blmedia.com.

Contact Info:
Spokesperson: Otis Worldwide Corporation
Website: https://www.3blmedia.com/profiles/otis-worldwide-corporation
Email: info@3blmedia.com

SOURCE: Otis Worldwide Corporation



View the original press release on accesswire.com

FAQ

How many trees have been planted by Otis India volunteers?

2,000 trees have been planted in Bengaluru and Kolkata so far.

What is Otis India's goal regarding volunteer hours by 2030?

Otis India aims to contribute 500,000 volunteer hours by 2030.

Who is the President of Otis India?

Sebi Joseph is the President of Otis India.

What is the focus of Otis India's tree planting initiative?

The focus is on planting diverse, native trees to help preserve biodiversity in urban centers.

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