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Timken Recognized by Ethisphere as One of World's Most Ethical Companies® for 14th Time
TKRTimken(TKR) Prnewswire·2025-03-11 10:51

Core Insights - The Timken Company has been recognized as a 2025 World's Most Ethical Companies honoree by Ethisphere, highlighting its commitment to ethical business practices and governance [1][2] - Timken is one of only 10 companies to appear on the annual list 14 or more times, showcasing its long-standing dedication to ethical standards [2] - The recognition reflects Timken's focus on transparency, integrity, and a strong culture of ethics, which are valued by employees and stakeholders [2][4] Company Overview - Timken is a global technology leader in engineered bearings and industrial motion, with $4.6 billion in sales reported for 2024 [4] - The company employs approximately 19,000 people and operates in 45 countries, emphasizing its extensive global presence [4] - Timken has been innovating and creating customer-centric solutions for over 125 years, focusing on reliability and efficiency [4] Recognition Process - Ethisphere's assessment involves a proprietary questionnaire requiring companies to provide over 240 proof points related to ethics, compliance, governance, and social impact [3] - The annual list includes 136 companies from 19 countries and 44 industries, indicating a competitive and rigorous selection process [2][3]