Timken Recognized by Ethisphere as One of World's Most Ethical Companies® for 14th Time
Rhea-AI Summary
Timken (NYSE: TKR) has been recognized as one of the World's Most Ethical Companies® for the 14th time by Ethisphere in 2025. The global technology leader in engineered bearings and industrial motion is among only 10 companies to achieve this distinction 14 or more times.
The recognition highlights Timken's commitment to ethical business practices, with the company being one of 136 honorees across 19 countries and 44 industries. The assessment involved over 240 proof points examining ethics, compliance, governance, environmental and social impact, and value chain initiatives.
Timken, which posted $4.6 billion in sales in 2024 and employs approximately 19,000 people across 45 countries, stands as one of only 12 honorees from the industrial manufacturing sector in this year's list.
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- Recognition as one of World's Most Ethical Companies for the 14th time
- Strong global presence with operations in 45 countries
- Robust sales performance of $4.6 billion in 2024
- Among only 12 honorees from industrial manufacturing sector
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- None.
News Market Reaction 1 Alert
On the day this news was published, TKR declined 0.09%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Honor highlights commitment to ethical business practices, compliance and effective governance
"At Timken, we focus on doing business the right way," said Tarak B. Mehta, Timken president and chief executive officer. "We're committed to ethical practices, transparency and a culture of integrity. Congratulations to our employees for upholding this commitment and to all the other companies honored with us."
Ethisphere recognized 136 companies spanning 19 countries and 44 industries this year. Timken is one of only 10 companies to appear on the annual list 14 or more times, and among only 12 honorees this year from the industrial manufacturing sector.
Ethisphere's annual assessment is grounded in its proprietary questionnaire that requires companies to provide over 240 different proof points on practices that further robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain.
"Congratulations to Timken for achieving recognition as one of the World's Most Ethical Companies for the 14th time," said Erica Salmon Byrne, Ethisphere's chief strategy officer and executive chair. "This honor reflects the company's true dedication and a commitment to advancing business integrity. Timken's approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process."
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 more than 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. Timken posted
Media Relations:
Scott Schroeder
234.262.6420
scott.schroeder@timken.com
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SOURCE The Timken Company