NORTH
CANTON, Ohio, Dec. 4, 2024
/PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com, a
global technology leader in engineered bearings and industrial
motion, has been recognized by Newsweek and Statista Inc. as one of
America's Most Responsible Companies for the fifth year in a row.
This honor reflects the company's continued commitment to improve
the lives of individuals and communities, benefit the planet and
strengthen its business through corporate social responsibility
(CSR).
"At Timken, we're dedicated to CSR, reducing emissions and
supporting our communities because these are the right things to
do," said Tarak Mehta, Timken
president and chief executive officer. "At the same time, we're
focused on innovating solutions to increase efficiency and
sustainability for our customers. This recognition belongs to our
employees who make a positive impact every day. We're honored to be
included on this list among so many outstanding corporate citizens
as we work together to build a more efficient and resilient
world."
Newsweek and Statista determined the list by
conducting a detailed analysis of key performance indicators for
the top 2,000 U.S.-based public companies, by revenue, and a survey
of 26,000 U.S. residents. Survey respondents were asked to select
companies familiar to them and evaluate their overall CSR
performance as well as their performance in the areas of social,
environmental and governance.
Newsweek ultimately selected 600 honorees across 14
industries, with Timken listed in the capital goods subcategory.
Earlier this year, Timken was named one of the World's Most Ethical
Companies® by Ethisphere for the 13th
time.
About The Timken Company
The Timken
Company (NYSE:
TKR; www.timken.com) a global
technology leader in engineered bearings and industrial motion,
designs a growing portfolio of next-generation products for diverse
industries. For 125 years, Timken has used its specialized
expertise to innovate and create customer-centric solutions that
increase reliability and efficiency. Timken posted $4.8
billion in sales in 2023 and employs more than 19,000 people
globally, operating from 45 countries.
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-fifth-straight-year-302322632.html
SOURCE The Timken Company