Honor highlights commitment to ethical
business practices, compliance and effective governance
NORTH
CANTON, Ohio, March 11,
2025 /PRNewswire/ -- The Timken Company (NYSE: TKR;
www.timken.com), a global technology leader in engineered bearings
and industrial motion, has been named a 2025 World's Most Ethical
Companies® honoree by Ethisphere, a leader in
defining and advancing the standards of ethical business
practices.
"At Timken, we focus on doing business the right way,"
said Tarak B. Mehta, Timken president and chief executive
officer. "We're committed to ethical practices, transparency and a
culture of integrity. Congratulations to our employees for
upholding this commitment and to all the other companies honored
with us."
Ethisphere recognized 136 companies spanning 19 countries and 44
industries this year. Timken is one of only 10 companies to appear
on the annual list 14 or more times, and among only 12 honorees
this year from the industrial manufacturing sector.
Ethisphere's annual assessment is grounded in its proprietary
questionnaire that requires companies to provide over 240 different
proof points on practices that further robust ethics and
compliance; governance; a culture of ethics; environmental and
social impact; and initiatives that support a strong value
chain.
"Congratulations to Timken for achieving recognition as one of
the World's Most Ethical Companies for the 14th time,"
said Erica Salmon Byrne,
Ethisphere's chief strategy officer and executive chair. "This
honor reflects the company's true dedication and a commitment to
advancing business integrity. Timken's approach is good for
business – employees and other stakeholders value companies that
prioritize the kinds of practices we measure with our process."
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
more than 125 years, Timken has used its specialized expertise to
innovate and create customer-centric solutions that increase
reliability and efficiency. Timken posted $4.6 billion in
sales in 2024 and employs approximately 19,000 people globally,
operating from 45 countries.
Media Relations:
Scott
Schroeder
234.262.6420
scott.schroeder@timken.com
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SOURCE The Timken Company
