Timken Releases CSR Report, Showcasing Sustainable Innovation and Global Impact
Timken (NYSE: TKR), a global leader in engineered bearings and industrial motion, has released its latest Corporate Social Responsibility (CSR) report, showcasing significant environmental and social achievements. The company has made substantial progress toward its 2030 sustainability goals, reducing greenhouse gas emissions intensity by 42% from its 2018 baseline.
Key achievements include a 15-fold increase in renewable energy use since 2018, 88% waste diversion from landfills, and a 40% reduction in total waste generation. The company invested $1.25 million in STEM education programs and reported $4.6 billion in sales for 2024. Timken also highlighted its sustainable product innovations, including EnviroSpexx™ bearings and solutions for vertical farming and medical robots.
Timken (NYSE: TKR), leader globale nei cuscinetti ingegnerizzati e nelle soluzioni per il movimento industriale, ha pubblicato il suo ultimo rapporto di Responsabilità Sociale d'Impresa (CSR), mettendo in evidenza importanti risultati ambientali e sociali. L'azienda ha compiuto progressi significativi verso i suoi obiettivi di sostenibilità 2030, riducendo l'intensità delle emissioni di gas serra del 42% rispetto al 2018.
I traguardi principali includono un aumento di 15 volte dell'uso di energie rinnovabili dal 2018, l'88% dei rifiuti deviati dalla discarica e una riduzione del 40% della produzione totale di rifiuti. L'azienda ha investito 1,25 milioni di dollari in programmi di istruzione STEM e ha riportato 4,6 miliardi di dollari di vendite per il 2024. Timken ha inoltre sottolineato le sue innovazioni di prodotto sostenibili, tra cui i cuscinetti EnviroSpexx™ e soluzioni per l'agricoltura verticale e i robot medicali.
Timken (NYSE: TKR), líder mundial en rodamientos diseñados y movimiento industrial, ha publicado su último informe de Responsabilidad Social Corporativa (RSC), mostrando importantes avances ambientales y sociales. La compañía ha avanzado considerablemente hacia sus objetivos de sostenibilidad 2030, reduciendo la intensidad de emisiones de gases de efecto invernadero en un 42% desde la referencia de 2018.
Logros clave incluyen un aumento de 15 veces en el uso de energías renovables desde 2018, un 88% de desviación de residuos de los vertederos y una reducción del 40% en la generación total de residuos. La empresa invirtió 1,25 millones de dólares en programas educativos STEM y registró 4,6 mil millones de dólares en ventas en 2024. Timken también destacó sus innovaciones de producto sostenibles, como los rodamientos EnviroSpexx™ y soluciones para agricultura vertical y robots médicos.
Timken (NYSE: TKR), 엔지니어드 베어링 및 산업용 모션 분야의 글로벌 선도기업은 최근 기업의 사회적 책임(CSR) 보고서를 발간하고 주요한 환경·사회적 성과를 공개했습니다. 회사는 2030 지속가능성 목표을 향해 상당한 진전을 이루어 2018년 기준 대비 온실가스 배출 강도를 42% 줄였습니다.
주요 성과로는 2018년 이후 재생에너지 사용이 15배 증가, 매립지로의 폐기물 전환 비율 88%, 전체 폐기물 발생량 40% 감축이 포함됩니다. 회사는 STEM 교육 프로그램에 125만 달러를 투자했으며 2024년 매출은 46억 달러로 보고했습니다. Timken은 EnviroSpexx™ 베어링과 수직 농업 및 의료용 로봇을 위한 솔루션 등 지속가능한 제품 혁신도 강조했습니다.
Timken (NYSE: TKR), leader mondial des roulements techniques et des solutions de mouvement industriel, a publié son dernier rapport de responsabilité sociale d'entreprise (RSE), mettant en lumière d'importantes réalisations environnementales et sociales. L'entreprise a réalisé des progrès notables vers ses objectifs de durabilité 2030, réduisant l'intensité des émissions de gaz à effet de serre de 42% par rapport à la référence de 2018.
Parmi les réussites clés figurent une augmentation par 15 de l'utilisation d'énergies renouvelables depuis 2018, une déviation de 88% des déchets des sites d'enfouissement et une réduction de 40% de la production totale de déchets. L'entreprise a investi 1,25 million de dollars dans des programmes d'éducation STEM et a déclaré 4,6 milliards de dollars de ventes pour 2024. Timken a également mis en avant ses innovations produits durables, notamment les roulements EnviroSpexx™ et des solutions pour l'agriculture verticale et les robots médicaux.
Timken (NYSE: TKR), ein weltweit führendes Unternehmen für konstruktive Lager und industrielle Bewegungstechnik, hat seinen aktuellen Bericht zur gesellschaftlichen Verantwortung (CSR) veröffentlicht und bedeutende ökologische und soziale Erfolge vorgestellt. Das Unternehmen hat erhebliche Fortschritte auf dem Weg zu seinen Nachhaltigkeitszielen 2030 erzielt und die Treibhausgas-Emissionsintensität seit 2018 um 42% reduziert.
Zu den wichtigen Errungenschaften zählen eine 15-fache Steigerung der Nutzung erneuerbarer Energien seit 2018, 88% Abfallumleitung von Deponien und eine 40%ige Verringerung der gesamten Abfallerzeugung. Das Unternehmen investierte 1,25 Millionen US-Dollar in MINT-Bildungsprogramme und meldete 4,6 Milliarden US-Dollar Umsatz für 2024. Timken hob außerdem seine nachhaltigen Produktinnovationen hervor, darunter die EnviroSpexx™-Lager und Lösungen für vertikale Landwirtschaft und medizinische Roboter.
- 42% reduction in greenhouse gas emissions intensity since 2018, ahead of 2030 target
- 15-fold increase in renewable energy use since 2018
- 88% waste diversion rate from landfills achieved in 2024
- Strong employee engagement with 91% participation rate in survey
- Robust financial performance with $4.6 billion in sales for 2024
- None.
"Engineering a more efficient and sustainable world is an essential part of our strategy," said Richard G. Kyle, Timken president and CEO. "This report reflects our progress and our ongoing commitment to our customers, our people and the communities we serve."
The report details Timken's progress toward its target to reduce aggregate Scope 1 and Scope 2 greenhouse gas (GHG) emissions intensity by 50 percent by 2030. From its 2018 baseline year through the end of 2024, Timken decreased emissions intensity by about 42 percent, demonstrating the company's dedication to climate action and responsible operations.
Other report highlights include:
- Doubling capital investment in energy efficiency projects from 2023 to 2024 and achieving a 15-fold increase in renewable energy use since 2018, reinforcing Timken's company-wide effort to identify and share best practices for saving energy and reducing emissions.
- Diverting
88% of waste from landfills in 2024 and reducing total annual waste generation by40% since 2018, reflecting sustainable resource management principles that are embraced throughout the organization. - Expanding global employee development and well-being programs while demonstrating Timken's focus on empowerment and inclusion, as reflected in a
91% participation rate from salaried staff in our employee engagement survey. - Investing in next-generation STEM education. In 2024, Timken invested
$1.25 million - Delivering innovative, sustainable products — like EnviroSpexx™ bearings for energy savings and advanced solutions for vertical farming, precision agriculture and medical robots — that help customers reduce energy use, cut waste and improve performance in demanding applications.
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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