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Timken Earns Spot on Newsweek America's Most Responsible Companies List for Third Straight Year

Time:14 Feb,2023
<p style="text-align: center;"><img src="/ueditor/php/upload/image/20230214/1676360847650511.png" title="1676360847650511.png" alt="1.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">The Timken Company (NYSE: TKR;&nbsp;www.timken.com), a global leader in engineered <a href="https://www.wswbearings.com/products/catalogue.html" target="_blank" style="color: rgb(0, 112, 192); text-decoration: underline;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px; color: rgb(0, 112, 192);"><strong>bearings </strong></span></a>and industrial motion products, has been named one of&nbsp;America&#39;s Most Responsible Companies 2023&nbsp;by&nbsp;Newsweek&nbsp;and Statista Inc. This is the third consecutive year Timken has made the prestigious list of companies distinguished by their corporate social responsibility (CSR) efforts. &nbsp;&nbsp;</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">&quot;We&#39;re proud of this recognition because responsibility is embedded in how we conduct business with ethics and integrity,&quot; said&nbsp;Richard G. Kyle, Timken president and chief executive officer. &quot;Our world-class team of problem solvers is dedicated to developing new and better solutions for our customers&#39; most challenging problems, and that mirrors our approach to CSR. It&#39;s an honor to be included alongside several of our customers and other outstanding corporate peers on this list.&quot;</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">The top 500 most responsible companies in&nbsp;the&nbsp;United States&nbsp;appear on the list. Fourteen industries are represented, with Timken listed in the materials and chemicals subcategory.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;"><br/></span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Newsweek&nbsp;and Statista select&nbsp;America&#39;s Most Responsible Companies&nbsp;based on key performance indicators (KPIs) derived from an independent survey and publicly available sustainability and&nbsp;corporate social responsibility reports. The independent survey asked U.S. citizens about their perception of a company&#39;s corporate social responsibility activities, while the KPIs focused on the company&#39;s performance in environmental sustainability, social impact and corporate governance.</span></p><p><br/></p>
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