Timken Named One of World's Most Ethical Companies? by Ethisphere for 13th Time

Release Time：05 Mar,2024

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20240305/1709638466683043.png" title="1709638466683043.png" alt="1.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Recognition highlights company&#39;s commitment to business integrity through robust ethics, compliance and governance programs</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">The Timken Company (NYSE: TKR;&nbsp;www.timken.com), a global leader in engineered bearings and industrial motion products, has received the 2024&nbsp;World&#39;s Most Ethical Companies? recognition from Ethisphere, a leader in defining and advancing the standards of ethical business practices.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">&quot;Ethics and integrity are part of our core values and guide our employees&#39; actions every day,&quot; said&nbsp;Richard G. Kyle, Timken president and chief executive officer. &quot;Being recognized once again as one of the World&#39;s Most Ethical Companies reinforces our commitment to leading by example as a global corporate citizen. Congratulations to our team and all the other outstanding companies on this year&#39;s list, which includes many of our partners and customers.&quot;</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">This year, Ethisphere recognized 136 companies from 20 countries and 44 industries. Timken is one of only 36 companies to appear on the annual list 13 or more times. It&#39;s also among only 10 honorees this year from the industrial manufacturing sector.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Ethisphere&#39;s annual assessment is grounded in its proprietary questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social and governance practices; ethics and compliance program; diversity, equity and inclusion; and initiatives that support a strong value chain.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">&quot;It&#39;s always inspiring to recognize the World&#39;s Most Ethical Companies, and seeing a company honored for the 13th&nbsp;time is particularly impressive,&quot; said&nbsp;Erica Salmon Byrne, Ethisphere&#39;s chief strategy officer and executive chair. &quot;Congratulations to Timken for its dedication to continually improving its ethics, compliance and governance practices to the benefit of all stakeholders. Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow.&quot;</span></p><p><br/></p>