For the ninth time, the Timken Company, a world leader in engineered bearings and power transmission products, has been recognized as one of the World's Most Ethical Companies. Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, unveiled the 2019 list on Feb. 26.
"We are proud to earn this recognition once again and even more proud of our more than 17,000 associates around the world who demonstrate their commitment to ethics and integrity," says Richard G. Kyle, Timken President and Chief Executive Officer. "We are focused on making the world a better place through our products, services and actions, and doing the right thing every day, everywhere we do business."
This year's list recognizes 128 honorees from 21 countries and 50 industries. Timken is one of only four companies honored in the industrial manufacturing category.
According to Ethisphere, Timken and this year's other honorees profoundly illustrate how companies continue to be the driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose.
"To be recognized nine times on our list puts Timken in rare company. Timken's associates embody the company's commitment to operating with honesty, fairness, respect and responsibility all around the world," says Timothy Erblich, Ethisphere CEO. "It's clear that Timken's ethics and integrity stand out to customers, investors and other stakeholders, and I want congratulate everyone at Timken for earning this recognition."