Timken Co

Common Name
Timken
Country
United States
Sector
Industrials
Industry
Tools & Accessories
Employees
19,000
Ticker
TKR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Timken Co. is a leading manufacturer and marketer of engineered bearings and mechanical power transmission products. With a rich history dating back to 1899, the company has established itself as a pi...

Timken's Climate Target Data Preview

As of 2023, Timken has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Timken ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
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a
2030
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Verified Sources Behind Timken’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Timken’s data sources below and access millions more through our Disclosure Search.

a. Timken's CSR Report 2023
a. Timken's CSR Report 2023

Insights into Timken's Greenhouse Gas Emissions Pathways

As of 2023, Timken has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Timken have a target to reduce the emissions from its operations?

As of 2023, Timken has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Timken's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue in 2018. a

As of 2023, Timken is ahead of schedule on its operational emissions reduction target, having achieved 87.5% of the planned reduction. a

Timken's Operational (Scope 1+2) Emissions Pathway

20182023203000000BaselineCurrent (-44%)
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