NORTH
CANTON, Ohio, Dec. 6, 2023
/PRNewswire/ -- The Timken Company (NYSE: TKR;
www.timken.com), a global leader in engineered bearings and
industrial motion products, has been recognized by Newsweek
and Statista Inc. as one of America's Most Responsible Companies
2024. Timken has made the prestigious list four straight years,
reflecting the company's continued commitment to corporate social
responsibility (CSR).
"We consider CSR integral to our business strategy and align our
global initiatives with our engineering expertise to build a world
that is more efficient, resilient and sustainable for generations
to come," said Richard G. Kyle,
Timken president and chief executive officer. "Our sustainable and
responsible practices begin within our own operations and extend to
how we engineer solutions for our customers' most difficult
challenges. We're honored to be recognized, once again, along with
so many outstanding corporate citizens."
The annual list features the top 600 most responsible companies
in the United States,
spanning 14 industries. Timken is listed in the capital goods
subcategory.
Newsweek and Statista select America's Most
Responsible Companies by conducting a detailed analysis of
key performance indicators (KPIs) for the top 2,000 U.S.-based
public companies, by revenue, and a survey of 17,000 U.S.
residents. Survey respondents were asked to select companies
familiar to them and evaluate their overall CSR performance and in
the subcategories of social, environmental and 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 $4.5 billion in sales in 2022 and employs more
than 19,000 people globally, operating from 46 countries. Timken
has been recognized among America's Most Responsible Companies by
Newsweek, the World's Most Ethical
Companies® by Ethisphere, America's Most Innovative
Companies by Fortune and America's Best Large
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-recognized-by-newsweek-as-one-of-americas-most-responsible-companies-for-fourth-year-in-a-row-302007820.html
SOURCE The Timken Company