The Timken Company 2024 SR
The report highlights The Timken Company's progress in its corporate social responsibility initiatives during 2024. The company achieved a 42% reduction in aggregate Scope 1 and Scope 2 greenhouse gas emissions intensity compared to its 2018 baseline, moving closer to its 50% reduction target by 2030. Additionally, Timken diverted 88% of its manufacturing waste from landfills and recycled 1,164 megaliters of water. On the social front, the company expanded its global STEM education partnerships, including a new collaboration with FIRST, and achieved a 91% response rate on its employee engagement survey. Timken also expanded its product portfolio with the acquisition of CGI, enhancing its contributions to medical robotics and sustainable engineering.
Company: The Timken Company
Year: 2024
Type: SR
Pages: 42
The Timken Company
Corporate Social Responsibility
The report highlights The Timken Company's progress in its corporate social responsibility initiatives during 2024. The company achieved a 42% reduction in aggregate Scope 1 and Scope 2 greenhouse gas emissions intensity compared to its 2018 baseline, moving closer to its 50% reduction target by 2030. Additionally, Timken diverted 88% of its manufacturing waste from landfills and recycled 1,164 megaliters of water. On the social front, the company expanded its global STEM education partnerships, including a new collaboration with FIRST, and achieved a 91% response rate on its employee engagement survey. Timken also expanded its product portfolio with the acquisition of CGI, enhancing its contributions to medical robotics and sustainable engineering.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees