{"id":876914,"date":"2025-08-19T07:04:42","date_gmt":"2025-08-19T11:04:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/timken-releases-csr-report-showcasing-sustainable-innovation-and-global-impact\/"},"modified":"2025-08-19T07:04:42","modified_gmt":"2025-08-19T11:04:42","slug":"timken-releases-csr-report-showcasing-sustainable-innovation-and-global-impact","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/timken-releases-csr-report-showcasing-sustainable-innovation-and-global-impact\/","title":{"rendered":"Timken Releases CSR Report, Showcasing Sustainable Innovation and Global Impact"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NORTH CANTON, Ohio<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 19, 2025<\/span><\/span> \/PRNewswire\/ &#8212; The Timken Company (NYSE: TKR; <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4490429-1&amp;h=2539445919&amp;u=http%3A%2F%2Fwww.timken.com%2F&amp;a=www.timken.com\" target=\"_blank\" rel=\"nofollow\">www.timken.com<\/a>), a global technology leader in engineered bearings and industrial motion,\u00a0today published its <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4490429-1&amp;h=3761754102&amp;u=https%3A%2F%2Fwww.timken.com%2Fcorporate-social-responsibility%2F&amp;a=corporate+social+responsibility+(CSR)+report\" target=\"_blank\" rel=\"nofollow\">corporate social responsibility (CSR) report<\/a>, highlighting advances in environmental sustainability, social impact and product innovation.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/647794\/TIMKEN_COMPANY_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/647794\/TIMKEN_COMPANY_Logo.jpg\" title=\"The Timken Company Logo. (PRNewsfoto\/The Timken Company)\" alt=\"The Timken Company Logo. (PRNewsfoto\/The Timken Company)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;Engineering a more efficient and sustainable world is an essential part of our strategy,&#8221; said\u00a0Richard G. Kyle, Timken president and CEO.\u00a0&#8220;This report reflects our progress and our ongoing commitment to our customers, our people and the communities we serve.&#8221;<\/p>\n<p>The report details Timken&#8217;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&#8217;s dedication to climate action and responsible operations.<\/p>\n<p>Other report highlights include:<\/p>\n<ul type=\"disc\">\n<li>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&#8217;s company-wide effort to identify and share best practices for saving energy and reducing emissions.<\/li>\n<li>Diverting 88% of waste from landfills in 2024 and reducing total annual waste generation by 40% since 2018, reflecting sustainable resource management principles that are embraced throughout the organization.<\/li>\n<li>Expanding global employee development and well-being programs while demonstrating Timken&#8217;s focus on empowerment and inclusion, as reflected in a 91% participation rate from salaried staff in our employee engagement survey.<\/li>\n<li>Investing in next-generation STEM education. In 2024, Timken invested <span class=\"xn-money\">$1.25 million<\/span> in global STEM programming and expanded partnerships with organizations including <i>FIRST<\/i><sup>\u00ae<\/sup> and the Girl Scouts, reaching thousands of students worldwide.<\/li>\n<li>Delivering innovative, sustainable products \u2014 like EnviroSpexx\u2122 bearings for energy savings and advanced solutions for vertical farming, precision agriculture and medical robots \u2014 that help customers reduce energy use, cut waste and improve performance in demanding applications.<\/li>\n<\/ul>\n<p>\n        <b><br \/>\n          <i>About The Timken Company<br \/><\/i><br \/>\n        <\/b>The Timken Company (NYSE: TKR;\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4490429-1&amp;h=2502363736&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4439665-1%26h%3D3264748512%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D4355015-1%2526h%253D1661949014%2526u%253Dhttps%25253A%25252F%25252Fc212.net%25252Fc%25252Flink%25252F%25253Ft%25253D0%252526l%25253Den%252526o%25253D4255466-1%252526h%25253D3822493317%252526u%25253Dhttps%2525253A%2525252F%2525252Fc212.net%2525252Fc%2525252Flink%2525252F%2525253Ft%2525253D0%25252526l%2525253Den%25252526o%2525253D4205865-1%25252526h%2525253D3762200262%25252526u%2525253Dhttps%252525253A%252525252F%252525252Furldefense.com%252525252Fv3%252525252F__https%252525253A%252525252Fc212.net%252525252Fc%252525252Flink%252525252F%252525253Ft%252525253D0%2525252526l%252525253Den%2525252526o%252525253D4141410-1%2525252526h%252525253D1989161667%2525252526u%252525253Dhttps*3A*2F*2Fc212.net*2Fc*2Flink*2F*3Ft*3D0*26l*3Den*26o*3D3827239-1*26h*3D3422225183*26u*3Dhttps*253A*252F*252Fwww.timken.com*252F*26a*3Dwww.timken.com)%2525252526a%252525253Dwww.timken.com)__%252525253BJSUlJSUlJSUlJSUlJSUlJSUlJSUlJQ!!HZrNX8cdzKKJHA!VrVaM907M88-R6GUFDjuqDs1xmhfhghNvTKyeTFhEAQFRgDKGGe2nsKfcAdGVBKXGRW-EWINEZw1IIF5f7CwGAJQ%2525252524%25252526a%2525253Dwww.timken.com)%252526a%25253Dwww.timken.com)%2526a%253Dwww.timken.com)%26a%3Dwww.timken.com)&amp;a=www.timken.com)\" target=\"_blank\" rel=\"nofollow\">www.timken.com)<\/a>, 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 <span class=\"xn-money\">$4.6 billion<\/span> in sales in 2024 and employs approximately 19,000 people globally, operating from 45 countries.<\/p>\n<p>\n        <b>Media Relations:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Scott Schroeder<\/span><br \/>\n        <br \/>234.262.6420<br \/><a href=\"mailto:scott.schroeder@timken.com\" target=\"_blank\" rel=\"nofollow\">scott.schroeder@timken.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL53650&amp;sd=2025-08-19\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/timken-releases-csr-report-showcasing-sustainable-innovation-and-global-impact-302532581.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/timken-releases-csr-report-showcasing-sustainable-innovation-and-global-impact-302532581.html<\/a><\/p>\n<p>SOURCE  The Timken Company<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL53650&amp;Transmission_Id=202508190651PR_NEWS_USPR_____CL53650&amp;DateId=20250819\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NORTH CANTON, Ohio , Aug. 19, 2025 \/PRNewswire\/ &#8212; The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion,\u00a0today published its corporate social responsibility (CSR) report, highlighting advances in environmental sustainability, social impact and product innovation. &#8220;Engineering a more efficient and sustainable world is an essential part of our strategy,&#8221; said\u00a0Richard G. Kyle, Timken president and CEO.\u00a0&#8220;This report reflects our progress and our ongoing commitment to our customers, our people and the communities we serve.&#8221; The report details Timken&#8217;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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/timken-releases-csr-report-showcasing-sustainable-innovation-and-global-impact\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Timken Releases CSR Report, Showcasing Sustainable Innovation and Global Impact&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-876914","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Timken Releases CSR Report, Showcasing Sustainable Innovation and Global Impact - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/timken-releases-csr-report-showcasing-sustainable-innovation-and-global-impact\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Timken Releases CSR Report, Showcasing Sustainable Innovation and Global Impact - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NORTH CANTON, Ohio , Aug. 19, 2025 \/PRNewswire\/ &#8212; The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion,\u00a0today published its corporate social responsibility (CSR) report, highlighting advances in environmental sustainability, social impact and product innovation. &#8220;Engineering a more efficient and sustainable world is an essential part of our strategy,&#8221; said\u00a0Richard G. Kyle, Timken president and CEO.\u00a0&#8220;This report reflects our progress and our ongoing commitment to our customers, our people and the communities we serve.&#8221; The report details Timken&#8217;s progress toward its target to reduce aggregate Scope 1 and Scope 2 greenhouse gas (GHG) emissions intensity by 50 percent by 2030. 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Kyle, Timken president and CEO.\u00a0&#8220;This report reflects our progress and our ongoing commitment to our customers, our people and the communities we serve.&#8221; The report details Timken&#8217;s progress toward its target to reduce aggregate Scope 1 and Scope 2 greenhouse gas (GHG) emissions intensity by 50 percent by 2030. 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