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306:, his company has long touted environmentally safe products. In 1993, he created the Michael Otto Foundation (German: Michael Otto Stiftung). This foundation played, and is still playing, an important role in furthering multi-stakeholder dialogue on hot environmental issues. Otto is also a member of the
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Otto is president of the
Foundation 2°, which promotes a transition towards a carbon-free economic system. He once stated about this transition: "Understanding climate protection as a modernisation project for the economy can now play an important role in overcoming the consequences of the Corona
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Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
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Otto and his family own extensive real estate in Canada and in the United States, shopping centers in
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crisis – and at the same time help to avoid profound negative impacts of the climate crisis."
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Knights
Commander of the Order of Merit of the Federal Republic of Germany
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They were the former owners of
Spiegel, Inc. (the parent company of
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344:"Otto Group: Supervisory Board"
399:"Forbes profile: Michael Otto"
257:He earned doctorates from the
97:{{Translated|de|Michael Otto}}
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308:World Future Council
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293:Commerzbank
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278:Werner Otto
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253:Early life
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