Turning Ethics Into Action
Timken is built on ethics and integrity. We believe trust and transparency are key to creating strong relationships and shared values.
- The four principles that guide our core values of ethics and integrity are:
- Honesty
- Fairness
- Respect
- Responsibility
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 our company’s business interests, opportunities and information belong to Timken and should only be used in the company’s best interests. We avoid conflicts of interest. We always advance the company’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 fellow associates, our suppliers, our customers and the communities where we operate.
Responsibility
We are guardians of The Timken Company’s outstanding reputation for ethics and integrity. We act responsibly, exercise sound judgement 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.
Standards of Business Ethics
This policy is our code of conduct for company employees, officers, directors and subsidiaries. It is the foundation for how we do business and treat all of our stakeholders globally.
Download the Standards of Business Ethics in Your Language:
Turning Ethics into Action is the foundation of Timken ethics training and reporting. Through this program, we encourage anyone interacting with us – customers, suppliers and communities – to ask questions or speak up when something doesn’t seem right. These include:
- Timken HelpLine (anonymously, if desired) at 1-800-846-5363 or at www.timkenhelpline.com
- Ethics and compliance office at ethics@timken.com
- Any company leader
When Should I Say Something?
- Questionable accounting or auditing matters
- Inappropriate gifts or gratuities
- Environmental, health or safety concerns
- Conflicts of interest
- Theft of company or personal property
- Discrimination or harassment
- Verbal or physical threats
- Product quality concerns
- Regulatory violations and insider trading
How Reports Are Handled
Timken works with an independent third party to investigate all reports promptly, thoroughly and fairly. We take appropriate action when necessary and maintain confidentiality.
Zero Tolerance for Retaliation
Everyone should feel comfortable asking questions or sharing an ethics concern when done so in good faith. Timken doesn’t tolerate any kind of retaliation against stakeholders who speak up. Instead, we recognize the courage and character it takes to do so.
Timken HelpLine
We recognize there may be times people are reluctant to share concerns or questions with their leader or Timken contact. The Timken HelpLine helps you report issues and ask questions, anonymously if needed, without being traced or recorded. All calls and investigations are managed by an independent third party. When calling, we encourage you to share as much information as possible.
Click here to view the Timken HelpLine Data Privacy Notice.
Contact the Timken HelpLine by calling 1-800-846-5363 or submit a report online at www.timkenhelpline.com
A waiver of this policy may only be made by the board of directors or the nominating and corporate governance committee of the board and will be promptly disclosed in accordance with applicable law and rules of the New York Stock Exchange.