America's Most Responsible Companies 2023

Timken Named One of America’s Most Responsible Companies for the Third Straight Year

At Timken, we continuously explore and develop new and better solutions for our customers’
most challenging problems. This is also how we approach corporate social responsibility (CSR) and the goals and initiatives we choose to support.

Learn more in our 2021 CSR Report and 2021 CSR Indices.

2030

Our Commitment

Reduce Scope 1 plus Scope
2 greenhouse gas emission
intensity by 50% by 2030.

Sustainability
is core to our
customer-centric
product innovation.

Sustainable
Operations

Our Chennai, India
plant will source up
to 30 percent of its
yearly power needs
from rooftop solar
panels and a newly
built nearby
solar farm.

“We’re always looking for ways to operate more efficiently, use fewer scarce resources and deliver highly efficient products and services that help our customers operate more sustainably. Sustainability is both an important aspect of our evolving operations and a go-to-market strategy.”

Doug Smith
Vice President of Technology

Twin Lube
System

Our automatic
lubrication systems
improve safety,
reduce costs, extend
equipment life,
addressing waste
and environmental
challenges.

Timken’s Engineer
for a Day program
introduces diverse
students to career
possibilities in
manufacturing
R&D, materials
science and tribology.

Key
Philanthropic
Partners

Our industrial
repair and service
business recycles
more than
1,000 tons of steel
and 75 tons of
copper each year
from service parts
that can’t be reused.

harvard manage mentor logo

Championing diversity of thought and an inclusive culture through management training.

New air compressors in our Sosnowiec, Poland facility function as vital components of our manufacturing operation and help heat the building while reducing water usage.

covax company logo

Donation to UNICEF USA in support of the COVAX initiative sending supplies to 92 developing countries to help fund equitable COVID-19 vaccine distribution around the globe.

A Commitment to Global Diversity and Inclusion

Since it began in 2006, our Operational Development Program has graduated 44 associates and placed eight in leadership positions.

America’s Best Employers (2021), Best Employers for New Graduates (2021, 2022) ,and Best Employers for Women (2021) .

Our bearings are
informed by our
specialized engineering
expertise in materials
science and made of up
to 100% recycled steel.

We innovate
next-generation
bearings for the
world’s longest-range
electric
luxury vehicle.

Our fuel-efficient
bearings reduce
power consumption
up to
30%
when compared to
conventional bearings.

One of the
World’s
Largest
Single-Site
Solar Plants

We are developing
high-precision solar
tracking technology
for Al Dhafra PV2,
Abu Dhabi.

“One of the most significant energy-efficiency projects we implemented at our plant is a “nesting” process for our heat treat furnaces. As a result, we can load a greater number of parts into the furnaces, saving energy and time.”

Wang Bin
China EHS Leader,
Wuxi Plant EHS Manager

Using motion capture software, we analyze ergonomic risk to improve the health and safety of our associates.

“If we identify an issue and see other locations use the same machine or perform the same task, we pair them with engineers to develop a single solution that helps limit risk for every site.”

Bob Scott
Timken Safety and
Ergonomics Specialist

eleven times

Selected one of the World’s Most Ethical Companies® by Ethisphere based on excellence in five categories: culture of ethics, ethics and compliance programs, environmental and societal impact, governance, and leadership and reputation.

One of America’s Best Employers, Best Employers for New Graduates and Best Employers for Women by Forbes

Maison pour la Science to provide a laboratory of ideas logo with French language text instead of English text

We’ve increased our investments in education, with a focus on STEM opportunities for at-risk and underrepresented students around the globe. Timken sponsors Maison pour la Science to provide a laboratory of ideas, innovation practices and technical equipment designed to improve the quality of science teaching in schools.

We’ve played a
role in more than
one-third of the
world’s utility-scale
solar projects.

“Focused environmental, health and safety initiatives like Ergo Cup have helped us achieve world-class safety results at our facilities over the last decade.”

Tim Graham
Vice President of Bearing Operations

Co-Op Program: Training for the Next Gen

3 times

Median hourly wage for U.S.-based full-time hourly employees is nearly triple the federal minimum wage.

The World’s Most Powerful Offshore Wind Turbine

We design and supply mainshaft bearings for GE Renewable Energy’s Haliade-X.

Renewable energy is our single-largest end market sector for total company sales in 2021.

“We’ve been collaborating with colleagues across Europe to expand our resource groups for associates. These wellestablished programs have proven effective in nurturing gender diversity and diverse talent globally.”

Andreea Raghina
General Manager, HR
—Europe, Africa, Asia

“It is crucial for a company to develop a clear understanding where and how it can make the most impact and create the most value for all stakeholders involved.”

Sarah C. Lauber
CFO and Secretary
Douglas Dynamics, Inc.
Member, The Timken Company Board

“Many Timken associates are world-class specialists in their respective fields. But often it’s the crossdisciplinary collaboration that leads to the most meaningful process and application advancements.”

Adrienne Aquino
R&D avancement manager

New graduates
gain a complete
understanding
of friction
management and
power transmission
concepts through
our Associate
Sales Engineer
Training Program.

Our global associate programs focus on inclusion, engagement and development at every level:

200

STEM summer
camp scholarships
for at-risk and
diverse youth

“With Timken’s support, we’re able to design and outfit the Makerspace with interactive tools and educational resources that will take the students’ learning to a whole new level.”

Michele Campbell
Executive Director,
LeBron James Family Foundation

Contribution to Feeding America, supporting 200 food banks, pantries and meal programs that serve 40 million people across the country.

“Don’t limit yourself based on your professional background. You can grow in any direction as long as you’re dedicated to learning.”

Wini Wang
General Manager, Xiangtan Facility

Eliminated
the use of
2.7 million feet
of plastic packaging
since 2019.

Investing in the Next Generation of STEM Around the World

42%

Gender and ethnic diversity within our Board of Directors.

“To this day, our founder’s words guide our culture and our constant drive for greater sustainability: ‘Only in efficiency is there progress.’”

Richard G. Kyle
President & CEO

Resources + Reporting