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Our Standards of Business Ethics are a framework for Turning Ethics into Action. For the purposes of this policy, “our company” or “Timken” refers to every part of the company. It includes all wholly owned entities and affiliates of The Timken Company.
 Turning Ethics into Action means that each of us must uphold the following principles, which define our core value of ethics and integrity:
HONESTY
We tell the truth. If we make a mistake, we do not try to hide it. We behave so that all of our stakeholders can rely on us to do what we say we will do. Whether preparing a financial report, responding to a question from auditors, talking to a customer or dealing with a supplier or other stakeholder, we are always truthful. We refrain from any conduct that is questionable on ethical grounds.
FAIRNESS
We buy and sell based on our business merits without unethical practices. We understand that Timken’s business interests, opportunities and information belong to our company and should only be used in Timken’s best interests. We avoid conflicts of interest. We always advance Timken’s legitimate business interests when the opportunity to do so arises.
RESPECT
We treat each other with dignity. We operate safely with environmental responsibility and respect our associates, our suppliers, our customers and the communities where we operate.
RESPONSIBILITY
We are guardians of Timken’s outstanding reputation for ethics and integrity. We act responsibly, exercise sound judgment and do what is necessary to preserve and enhance that reputation. We do not wait for others to tell us what we need to do. We follow our Standards of Business Ethics and understand how the law affects our actions. |
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