Business
Timken Releases CSR Report, Showcasing Sustainable Innovation and Global Impact
The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today published its corporate social responsibility (CSR) report, highlighting advances in environmental sustainability, social impact and product innovation.
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[{"type":"text","content":"NORTH CANTON, Ohio, Aug. 19, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today published its corporate social responsibility (CSR) report, highlighting advances in environmental sustainability, social impact and product innovation.","length":334,"tagName":"p"},{"type":"image","alt":"The Timken Company Logo. (PRNewsfoto/The Timken Company)","displaySize":"","headline":null,"caption":"The Timken Company Logo. (PRNewsfoto/The Timken Company)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":84,"url":"https://media.zenfs.com/en/prnewswire.com/54bf6d381a44f2cc840b4e0acd111cb4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/yOHBzvsx.1vWs3Lz5vuS8Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE0ODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/54bf6d381a44f2cc840b4e0acd111cb4","width":400,"height":84}},"href":"https://mma.prnewswire.com/media/647794/TIMKEN_COMPANY_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Engineering a more efficient and sustainable world is an essential part of our strategy," said Richard G. Kyle, Timken president and CEO. "This report reflects our progress and our ongoing commitment to our customers, our people and the communities we serve."","length":290,"tagName":"p"},{"type":"text","content":"The report details Timken's progress toward its target to reduce aggregate Scope 1 and Scope 2 greenhouse gas (GHG) emissions intensity by 50 percent by 2030. From its 2018 baseline year through the end of 2024, Timken decreased emissions intensity by about 42 percent, demonstrating the company's dedication to climate action and responsible operations.","length":362,"tagName":"p"},{"type":"text","content":"Other report highlights include:","length":32,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Doubling capital investment in energy efficiency projects from 2023 to 2024 and achieving a 15-fold increase in renewable energy use since 2018, reinforcing Timken's company-wide effort to identify and share best practices for saving energy and reducing emissions.","length":268,"tagName":"p"}]},{"val":[{"type":"text","content":"Diverting 88% of waste from landfills in 2024 and reducing total annu...