NORTH CANTON, Ohio,
Feb. 25, 2020 /PRNewswire/
-- For the 10th time, the Timken Company (NYSE: TKR;
www.timken.com), a world leader in engineered bearings and power
transmission products, has been recognized as one of the World's
Most Ethical Companies. Ethisphere® Institute, a global leader in
defining and advancing the standards of ethical business practices,
unveiled its 2020 list of honorees today.
"We emphasize our commitment to ethics and integrity every day,
and we're proud to receive this honor for a 10th time,"
said Richard G. Kyle, Timken
president and chief executive officer. "This recognition reflects
the ongoing dedication of our more than 18,000 associates to always
do the right thing on behalf of Timken."
This year's list recognizes 132 honorees from 21 countries and
51 industries. Timken is one of just eight companies honored in the
industrial manufacturing category.
According to Ethisphere, Timken and this year's other honorees
profoundly illustrate how companies continue to be the driving
force for improving communities, building capable and empowered
workforces, and fostering corporate cultures focused on ethics and
a strong sense of purpose.
"Timken's 10th time on our list demonstrates the company's
unwavering commitment to operating with principles and integrity,"
said Timothy Erblich, Ethisphere
CEO. "I want to congratulate Timken for both this year's
recognition and the milestone achievement of being named one of the
World's Most Ethical Companies for the 10th time."
The full list of the 2020 World's Most Ethical Companies can be
found at https://worldsmostethicalcompanies.com/honorees.
About The Timken Company
The Timken
Company (NYSE: TKR; www.timken.com) designs and manages a
growing portfolio of engineered bearings and power transmission
products. With more than a century of knowledge and innovation, we
continuously improve the reliability and efficiency of global
machinery and equipment to move the world forward. Timken
posted $3.8 billion in sales in 2019
and employs more than 18,000 people globally, operating from 42
countries.
About the Ethisphere Institute
The Ethisphere®
Institute is the global leader in defining and advancing the
standards of ethical business practices that fuel corporate
character, marketplace trust and business success. Ethisphere has
deep expertise in measuring and defining core ethics standards
using data-driven insights that help companies enhance corporate
character and measure and improve culture. Ethisphere honors
superior achievement through its World's Most Ethical Companies
recognition program and provides a community of industry experts
with the Business Ethics Leadership Alliance (BELA). More
information about Ethisphere can be found
at: https://ethisphere.com.
Media Relations:
Scott
Schroeder
234.262.6420
scott.schroeder@timken.com
Clea Nabozny
(480) 397-2658
clea.nabozny@ethisphere.com
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SOURCE The Timken Company