NORTH
CANTON, Ohio, Dec. 7, 2022
/PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a
global leader in engineered bearings and industrial motion
products, has been named one of America's Most Responsible
Companies 2023 by Newsweek and Statista Inc. This
is the third consecutive year Timken has made the prestigious list
of companies distinguished by their corporate social responsibility
(CSR) efforts.
"We're proud of this recognition because responsibility is
embedded in how we conduct business with ethics and integrity,"
said Richard G. Kyle, Timken president and chief executive
officer. "Our world-class team of problem solvers is dedicated to
developing new and better solutions for our customers' most
challenging problems, and that mirrors our approach to CSR. It's an
honor to be included alongside several of our customers and other
outstanding corporate peers on this list."
The top 500 most responsible companies in the United States appear on the list. Fourteen
industries are represented, with Timken listed in the materials and
chemicals subcategory.
Newsweek and Statista select America's Most
Responsible Companies based on key performance indicators
(KPIs) derived from an independent survey and publicly available
sustainability and corporate social responsibility reports.
The independent survey asked U.S. citizens about their perception
of a company's corporate social responsibility activities, while
the KPIs focused on the company's performance in environmental
sustainability, social impact and corporate governance.
About The Timken Company
The Timken
Company (NYSE: TKR; www.timken.com) designs a
growing portfolio of engineered bearings and industrial motion
products. With more than a century of knowledge and innovation, we
continuously improve the reliability and efficiency of global
machinery and equipment to move the world forward. Timken
posted $4.1 billion in sales in 2021
and employs more than 18,000 people globally, operating from 43
countries. Timken has been recognized among America's Most
Responsible Companies by Newsweek, the World's Most Ethical
Companies® by Ethisphere, and America's Best Employers, Best
Employers for New Graduates and Best Employers for Women by
Forbes.
Media Relations:
Scott
Schroeder
234.262.6420
scott.schroeder@timken.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/timken-earns-spot-on-newsweek-americas-most-responsible-companies-list-for-third-straight-year-301697346.html
SOURCE The Timken Company