Political Contributions 

Decisions made within political systems around the world can significantly affect our company, associates and shareholders. As such, we have a corporate responsibility to be actively involved in the political process. At times, our company may take positions on political issues and lobby on behalf of our interests and goals in the countries in which we operate. However, our participation in the political process is always lawful and ethical.

 

Our company encourages all of us to be involved in the political processes in the communities where we live and work. However, we may not use company resources or assets for personal political activities. In addition, our company does not offer reimbursement for personal political contributions.

 

Contributions from Timken funds may not be made, directly or indirectly, to any political candidates or political organizations unless permitted by U.S. law and approved by the general counsel. Contributions from company funds are permitted for issue advocacy but all such contributions must be approved by the general counsel and vice president – government affairs.

 

Additionally, our company maintains strict guidelines related to lobbying. “Lobbying” may occur when contracting any elected or appointed federal; state; county; city or other officials and associates to influence legislation; regulations; enforcement activities; or special programs, projects and incentives on behalf of Timken. You must first contact the vice president – government affairs regarding registration requirements. All Timken lobbying activities and significant contact with government personnel should be coordinated with the vice president – government affairs.

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Additional Resources Available on TimkeNET:

  • Vice president - government affairs and community relations
  • Ethics reporting resources