Timken Co 2021 SR
The report highlights Timken's commitment to sustainability through its Sustainable Engineering Process and a new 2030 target to reduce Scope 1 and 2 greenhouse gas emissions intensity by 50% from a 2018 baseline. In 2021, renewable energy became the company's largest end-market sector, representing 12% of total sales. The company also focused on social initiatives, including a global pay equity analysis and STEM education partnerships with organizations like NASA and Habitat for Humanity. Environmental data shows a decrease in GHG emissions intensity despite an 18% revenue growth.
Company: Timken Co
Sector: Industrials
Country: United States
Year: 2021
Type: SR
Pages: 39
Timken Co
Corporate Social Responsibility Report
The report highlights Timken's commitment to sustainability through its Sustainable Engineering Process and a new 2030 target to reduce Scope 1 and 2 greenhouse gas emissions intensity by 50% from a 2018 baseline. In 2021, renewable energy became the company's largest end-market sector, representing 12% of total sales. The company also focused on social initiatives, including a global pay equity analysis and STEM education partnerships with organizations like NASA and Habitat for Humanity. Environmental data shows a decrease in GHG emissions intensity despite an 18% revenue growth.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
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
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees