10/20/2021 | Press release | Distributed by Public on 10/20/2021 05:06
NORTH CANTON, Ohio, Oct. 20, 2021/PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today released its 2020 corporate social responsibility (CSR) report, detailing efforts to create a more efficient and resilient world.
"Sustainability has been core to our products for more than 120 years, and we're extending that same leadership to the way we view our responsibility as a global corporate citizen. CSR is a priority for all of us at Timken," said Rich Kyle, Timken president and CEO. "In 2020, we continued to make strides towards achieving greater efficiency for a world in motion while creating value for all our stakeholders. This report documents how we are delivering real-world impact."
Key focus areas include the company's dedication to the growth of its global team of engineers and problem solvers, its emphasis on renewable energy and other sustainable practices, as well as its commitment to ethics, governance, communities and STEM education worldwide. Timken is:
Timken continues to address tangible problems with innovative solutions that create shared value for all stakeholders. In 2020, Newsweek named Timken one of "America's Most Responsible Companies."
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) designs a growing portfolio of engineered bearings and power transmission 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 $3.5 billionin sales in 2020 and employs more than 17,000 people globally, operating from 42 countries. Timken is 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
[email protected]
SOURCE The Timken Company