Timken Recognized as One of America's Most Responsible Companies for the Sixth Year in a Row

Timken's Commitment to Responsibility Shines

Timken Company, a global leader in engineered bearings and industrial motion, has achieved a remarkable feat by being named one of America's Most Responsible Companies by Newsweek for the sixth consecutive year. This prestigious recognition reflects Timken's unwavering commitment to ethical practices, sustainability, and community support, all hallmarks of their corporate philosophy.

A Legacy of Integrity

For over 125 years, Timken has built a reputation based on integrity and transparency. Lucian Boldea, the president and CEO, emphasized the company's foundational belief in doing the right thing every time. This principle guides their operations, from investing in safer workplace practices to implementing environmentally sustainable initiatives. Timken's commitment extends beyond profit; they strive to enhance the efficiency of their products while actively supporting the communities where they operate.

The Ranking Process

The criteria for the America's Most Responsible Companies list, compiled by Newsweek in collaboration with Statista Inc., involves a comprehensive evaluation of the top 2,000 public companies in the U.S. This process combines a thorough analysis of over 30 performance indicators with a national survey of 18,000 U.S. residents. The survey assesses perceptions of Corporate Social Responsibility (CSR) among consumers, highlighting public sentiment towards each company.

Timken ranked among 600 honorees from 14 different industries and stood out in the capital goods category. This acknowledgment underscores the company's leadership in not only their industry but also in setting standards for corporate responsibility.

Previous Honors

Earlier this year, Timken was also recognized as one of the World's Most Ethical Companies for the 14th time by Ethisphere, further solidifying their reputation as a company that prioritizes ethical conduct alongside business success. Their focus on innovation and customer-centric solutions has allowed them to create and maintain products that increase operational reliability and efficiency.

Future Goals

Looking ahead, Timken is committed to continuing its journey toward enhancing sustainability and ethical practices across all aspects of its business. With an aim to further improve workplace safety, reduce their environmental footprint, and enhance community engagement, they are dedicated to making a meaningful impact.

Timken's achievements reflect a broader trend in corporate America, where consumers are increasingly favoring companies that prioritize responsibility and ethics. These values resonate strongly with today’s workers and customers, influencing their choices and loyalty. Timken's ongoing dedication to these principles positions them not just as a leader in engineered motion technologies but as a model for corporate responsibility that others may aspire to.

Conclusion

The recognition from Newsweek serves as a testament to Timken's unwavering commitment to responsible corporate governance and ethical practices. As they continue to innovate and adapt in a rapidly changing world, Timken demonstrates that a company can thrive economically while adhering to strong ethical standards and corporate responsibilities.