Timken Releases CSR Report, Celebrating 125 Years as Strong Corporate Citizen
The Timken Company (NYSE: TKR) has released its corporate social responsibility (CSR) report, highlighting its progress and initiatives as it celebrates 125 years in business. Key points include:
- A 40% reduction in emissions intensity from 2018 to 2023, progressing towards its 50% reduction target by 2030
- Recognition as one of the World's Most Innovative Companies by Fast Company
- Launch of a global STEM education partnership with FIRST®, investing $1.25 million annually in STEM programming
- Accolades as one of America's Greatest Workplaces by Newsweek and one of the Best Companies to Work For by U.S. News & World Report
Timken, a global leader in engineered bearings and industrial motion, reported $4.8 billion in sales for 2023 and employs over 19,000 people across 45 countries.
La Timken Company (NYSE: TKR) ha pubblicato il suo rapporto di responsabilità sociale d'impresa (CSR), evidenziando i progressi e le iniziative mentre celebra 125 anni di attività. I punti chiave includono:
- Una riduzione del 40% dell'intensità delle emissioni dal 2018 al 2023, in progresso verso l'obiettivo di riduzione del 50% entro il 2030
- Riconoscimento come una delle aziende più innovative del mondo da parte di Fast Company
- Lancio di una partnership globale per l'istruzione STEM con FIRST®, investendo 1,25 milioni di dollari all'anno in programmi STEM
- Riconoscimenti come uno dei migliori luoghi di lavoro in America da parte di Newsweek e una delle migliori aziende per cui lavorare da parte di U.S. News & World Report
Timken, leader globale nei cuscinetti ingegnerizzati e nel movimento industriale, ha riportato 4,8 miliardi di dollari in vendite per il 2023 e impiega oltre 19.000 persone in 45 paesi.
La empresa Timken (NYSE: TKR) ha publicado su informe de responsabilidad social corporativa (RSC), destacando sus avances e iniciativas mientras celebra 125 años de actividad. Los puntos clave incluyen:
- Una reducción del 40% en la intensidad de emisiones desde 2018 hasta 2023, avanzando hacia su objetivo de reducción del 50% para 2030
- Reconocimiento como una de las empresas más innovadoras del mundo por Fast Company
- Lanzamiento de una asociación global de educación STEM con FIRST®, invirtiendo 1,25 millones de dólares anuales en programación STEM
- Aclamaciones como uno de los mejores lugares para trabajar en América por Newsweek y como una de las mejores empresas para trabajar por U.S. News & World Report
Timken, líder global en rodamientos diseñados y movimiento industrial, reportó 4,8 mil millones de dólares en ventas para 2023 y emplea a más de 19,000 personas en 45 países.
팀켄 회사(Timken Company, NYSE: TKR)는 CSR(기업의 사회적 책임) 보고서를 발표하며 125년의 사업을 기념하는 와중에 그간의 진전과 이니셔티브를 강조하였습니다. 주요 사항은 다음과 같습니다:
- 2018년부터 2023년까지 배출 강도 40% 감소, 2030년까지 50% 감소 목표 진행 중
- Fast Company에 의해 세계에서 가장 혁신적인 기업 중 하나로 인정받음
- FIRST®와의 글로벌 STEM 교육 파트너십 출시, 연간 125만 달러를 STEM 프로그래밍에 투자
- Newsweek에 의해 미국의 최우수 직장 중 하나에 선정되었고, U.S. News & World Report에 의해 일하기 좋은 회사로 인정받음
팀켄은 엔지니어링 베어링 및 산업 모션 분야의 글로벌 리더로, 2023년에 48억 달러의 판매 실적을 보고하였으며, 45개국에서 19,000명 이상의 직원을 고용하고 있습니다.
La société Timken (NYSE : TKR) a publié son rapport sur la responsabilité sociétale des entreprises (RSE), mettant en avant ses avancées et ses initiatives à l'occasion de ses 125 ans d'activité. Les points clés comprennent :
- Une réduction de 40 % de l'intensité des émissions entre 2018 et 2023, en progression vers l'objectif de 50 % de réduction d'ici 2030
- Reconnaissance en tant que l'une des entreprises les plus innovantes au monde par Fast Company
- Lancement d'un partenariat mondial pour l'éducation STEM avec FIRST®, investissant 1,25 million de dollars par an dans des programmes STEM
- Récompenses en tant qu'un des meilleurs lieux de travail en Amérique par Newsweek et une des meilleures entreprises pour travailler par U.S. News & World Report
Timken, un leader mondial des roulements techniques et du mouvement industriel, a déclaré 4,8 milliards de dollars de ventes pour 2023 et emploie plus de 19 000 personnes dans 45 pays.
Die Timken Company (NYSE: TKR) hat ihren Bericht über die soziale Unternehmensverantwortung (CSR) veröffentlicht und hebt dabei ihre Fortschritte und Initiativen hervor, während sie 125 Jahre Geschäftstätigkeit feiert. Die wichtigsten Punkte sind:
- Eine Reduzierung der Emissionsintensität um 40% von 2018 bis 2023, auf dem Weg zur Zielvorgabe einer 50%igen Reduzierung bis 2030
- Erkennung als eines der innovativsten Unternehmen der Welt durch Fast Company
- Start einer globalen STEM-Bildungspartnerschaft mit FIRST®, die jährlich 1,25 Millionen Dollar in STEM-Programme investiert
- Anerkennungen als eines von Amerikas besten Arbeitsplätzen durch Newsweek und als eines der besten Unternehmen, für die man arbeiten kann durch U.S. News & World Report
Timken, ein globaler Marktführer in der Technik von Wälzlagern und industrieller Bewegung, berichtete von 4,8 Milliarden Dollar Umsatz für 2023 und beschäftigt über 19.000 Mitarbeiter in 45 Ländern.
- 40% reduction in emissions intensity from 2018 to 2023, progressing towards 50% reduction target by 2030
- Recognition as one of the World's Most Innovative Companies by Fast Company
- $1.25 million annual investment in STEM programming through partnership with FIRST®
- Named one of America's Greatest Workplaces by Newsweek and one of the Best Companies to Work For by U.S. News & World Report
- $4.8 billion in sales reported for 2023
- None.
"Our deep experience and specialized expertise provide us with a unique perspective and ability to navigate a rapidly changing world together," said Richard G. Kyle, Timken president and CEO. "As we look to the future, our founder Henry Timken's vision of making the world move more efficiently and sustainably remains at the core of our strategy and our approach to CSR."
The report highlights the company's progress towards its target to reduce aggregate Scope 1 and Scope 2 greenhouse gas (GHG) emissions intensity by 50 percent by 2030. Timken increased capital investments from 2022 to 2023 to fund projects aimed at increasing efficiency and reducing emissions in its plants, including on-site renewable energy sources. From its 2018 baseline year through year-end 2023, Timken decreased emissions intensity by about 40 percent.
As one of the leading suppliers to some of the world's most notable wind and solar projects, the company contributes to the global shift to renewable-energy production. Timken's focus on sustainable processes and products to serve a wide and growing list of industries helped it earn recognition from Fast Company as one of the World's Most Innovative Companies.
In the latest CSR report, Timken announced the launch of a global STEM education partnership with FIRST® (For Inspiration and Recognition of Science and Technology). The FIRST partnership is part of an increased annual investment of
"This partnership will allow us to expand our programming for underserved youth and help increase female participation in STEM," said Mark Giordono, vice president of development and alumni relations, FIRST. "While more than 81 percent of FIRST alumni declare majors in STEM by their fourth year of college, we know that FIRST experience enables a variety of post high school education, employment, enlistment, and entrepreneurial opportunities. Thanks to Timken's support, we can help prepare even more young people today for the world of tomorrow."
Along with additional information on the FIRST partnership and other educational initiatives, Timken shares in the report how it's advancing a culture that helps employees grow as professionals and thrive as individuals. The company's focus on continuous growth and career-development opportunities resulted in it being named one of America's Greatest Workplaces by Newsweek and one of the Best Companies to Work For by
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. The company posted
Media Relations:
Scott Schroeder
234.262.6420
scott.schroeder@timken.com
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SOURCE The Timken Company
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