Timken Co 2020 SR
The report highlights The Timken Company's commitment to sustainability, focusing on three areas: knowledge, sustainability, and leadership. In 2020, renewable energy became the company's largest individual end-market sector, supported by a $75 million capital investment commitment through 2022. The company achieved significant milestones in diversity, with 33% female representation on its Board of Directors and the expansion of Associate Resource Groups. Environmental efforts included reducing plastic packaging by 2.7 million feet since 2019 and implementing energy-efficient solutions like heat capture in manufacturing facilities. Timken also maintained its reputation for ethics, being named one of the World's Most Ethical Companies for the 11th time.
Company: Timken Co
Sector: Industrials
Country: United States
Year: 2020
Type: SR
Pages: 35
Timken Co
Corporate Social Responsibility Report
The report highlights The Timken Company's commitment to sustainability, focusing on three areas: knowledge, sustainability, and leadership. In 2020, renewable energy became the company's largest individual end-market sector, supported by a $75 million capital investment commitment through 2022. The company achieved significant milestones in diversity, with 33% female representation on its Board of Directors and the expansion of Associate Resource Groups. Environmental efforts included reducing plastic packaging by 2.7 million feet since 2019 and implementing energy-efficient solutions like heat capture in manufacturing facilities. Timken also maintained its reputation for ethics, being named one of the World's Most Ethical Companies for the 11th time.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Jan 1, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees