Core Insights - The Timken Company published its corporate social responsibility (CSR) report, emphasizing advancements in environmental sustainability, social impact, and product innovation [1][2] Environmental Sustainability - Timken aims to reduce aggregate Scope 1 and Scope 2 greenhouse gas emissions intensity by 50% by 2030, having already decreased emissions intensity by approximately 42% from its 2018 baseline through the end of 2024 [2] - The company doubled its capital investment in energy efficiency projects from 2023 to 2024 and achieved a 15-fold increase in renewable energy use since 2018 [4] - Timken diverted 88% of waste from landfills in 2024 and reduced total annual waste generation by 40% since 2018 [4] Social Impact - Timken expanded global employee development and well-being programs, achieving a 91% participation rate from salaried staff in its employee engagement survey [4] - The company invested $1.25 million in global STEM programming in 2024 and expanded partnerships with organizations like FIRST® and the Girl Scouts, reaching thousands of students worldwide [4] Product Innovation - Timken is delivering innovative, sustainable products such as EnviroSpexx™ bearings designed for energy savings and advanced solutions for vertical farming, precision agriculture, and medical robots [4] - The company reported $4.6 billion in sales in 2024 and operates in 45 countries with approximately 19,000 employees globally [3]