Timken Co 2022 SR
The report highlights Timken's commitment to sustainability through its Sustainable Engineering Process and a target to reduce Scope 1 and 2 greenhouse gas emissions intensity by 50% by 2030. In 2022, the company achieved a 25% reduction in emissions intensity since 2018 and significantly increased its renewable energy use to 170,890 gigajoules. The company diverted nearly 90% of its waste from landfills and recycled over 56,000 metric tons of waste. Product innovation focused on renewable energy and electrification, with renewable energy accounting for 10% of global sales. Social initiatives emphasized STEM education partnerships and addressing food insecurity through collaborations with organizations like Feeding America.
Company: Timken Co
Sector: Industrials
Country: United States
Year: 2022
Type: SR
Pages: 37
Timken Co
Corporate Social Responsibility Report
The report highlights Timken's commitment to sustainability through its Sustainable Engineering Process and a target to reduce Scope 1 and 2 greenhouse gas emissions intensity by 50% by 2030. In 2022, the company achieved a 25% reduction in emissions intensity since 2018 and significantly increased its renewable energy use to 170,890 gigajoules. The company diverted nearly 90% of its waste from landfills and recycled over 56,000 metric tons of waste. Product innovation focused on renewable energy and electrification, with renewable energy accounting for 10% of global sales. Social initiatives emphasized STEM education partnerships and addressing food insecurity through collaborations with organizations like Feeding America.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Sep 28, 2023
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