Timken Selected as One of the World's Most Ethical Companies

Timken has been recognized for the seventh time as one of the world's most ethical companies by the Ethisphere Institute.

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The Timken Company, a global leader in bearings and mechanical power transmission products, has once again been recognized by the Ethisphere Institute as one of the world's most ethical companies.

"Throughout our company's 117-year history, doing the right thing and treating others with honesty and respect have been at the center of everything we do," says Richard G. Kyle, Timken President and CEO. "Timken associates are known worldwide for standing by their word and making things right."

Timken is one of 131 organizations selected as a 2017 World's Most Ethical Company. The company has been recognized each year for the last seven and is one of only five companies in the Industrial Manufacturing category to receive this designation, underscoring Timken's commitment to leading ethical business standards and practices.

Scores are generated in five key categories: ethics and compliance program (35%); corporate citizenship and responsibility (20%); culture of ethics (20%); governance (15%) and leadership; and innovation and reputation (10%).

"Over the last 11 years, we have seen the shift in societal expectations, constant redefinition of laws and regulations and the geo-political climate," explains Ethisphere's Chief Executive Officer, Timothy Erblich. "We have also seen how companies honored as the World's Most Ethical respond to these challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion, and focus on long term-ism as a sustainable business advantage. Congratulations to everyone at The Timken Company for being recognized as a World's Most Ethical Company."