Daily CSR
Daily CSR

Daily CSR
Daily news about corporate social responsibility, ethics and sustainability

Measuring Timken’s CSR Commitments



11/07/2019

Timken publishes its first ever CSR report following industry led reporting standards.


Source: en.m.wikipedia.org; (CC BY-SA 3.0)
Source: en.m.wikipedia.org; (CC BY-SA 3.0)
Dailycsr.com – 07 November 2019 – The Timken Company is a global leader in the field of “engineered bearings and power transmission products”, whereby the company has released its “corporate social responsibility”, in other words CSR report which demonstrates the organisations position vis a vis its efforts to progress for the good of the world.
 
In the words of Timken’s President as well as the Chief Executive Officer, Richard G. Kyle:
“This report represents who we are and how we do business. We invest in our communities, we care for the environment, we treat people with respect, and we take great pride in doing things environment the right way”.
“We are committed to being open and accountable to all our stakeholders – our associates, our customers, our investors and the communities where we do business. We’ll use this report as a benchmark to measure our progress and guide our CSR program.”
 
The above mentioned report is the first one from Timken which evaluates the company on the basis of “accepted practices and benchmarks” such as “GRI Standards for sustainability reporting”. Moreover, the report covers the associates of Timken that carry on its “sustainability commitment”, besides it also demonstrates the company’s involvement with the communities and its leadership to advance the CSR initiatives.
 
For more information about the above mentioned report, click on the link given below:
https://www.timken.com/wp-content/uploads/2019/10/Timken_CSR_2018.pdf#csr_cover
 
 
References:
3blmedia.com