NORTH CANTON, Ohio,
Feb. 23, 2021 /PRNewswire/ -- The
Timken Company (NYSE: TKR; www.timken.com), a world leader in
engineered bearings and power transmission products, has earned a
spot among the World's Most Ethical Companies® for the
11th time. Ethisphere Institute, a global leader in
defining and advancing the standards of ethical business practices,
announced Timken and the rest of its 2021 honorees today.
"This recognition reflects the ethical mindset of our
17,000-plus global associates and our ongoing commitment to growing
our collective knowledge, advancing our sustainability efforts and
promoting leadership inside and outside of our company," said
Richard G. Kyle, Timken president
and chief executive officer. "We apply our engineering and systems
thinking to not only our products and services, but also how we
support our communities as a global industrial leader."
This year, 135 honorees from 22 countries and 47 industries
earned a spot on the list. Timken is among eight companies honored
in the industrial manufacturing category.
To compile the list, Ethisphere assesses a company's culture,
environmental and social practices, ethics and compliance
activities, governance, diversity and initiatives to support a
strong value chain.
"Timken continues to earn the trust of stakeholders through its
commitment to leading with ethics and integrity,"
said Ethisphere CEO Timothy
Erblich. "Earning the World's Most Ethical Companies
designation for a remarkable 11th time underscores
Timken's unwavering commitment to the highest values and helping to
advance the communities it calls home. Congratulations to everyone
at Timken for this incredible accomplishment."
The full list of the 2021 World's Most Ethical Companies can be
found at https://worldsmostethicalcompanies.com/honorees.
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 billion in sales in 2020
and employs more than 17,000 people globally, operating from 42
countries.
Media Relations:
Scott
Schroeder
234.262.6420
scott.schroeder@timken.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/timken-recognized-among-worlds-most-ethical-companies-for-11th-time-301232727.html
SOURCE The Timken Company