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 GHG Emissions Data Preview

In 2023, Timken completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), and Scope 2 (indirect emissions from purchased energy).

However, Timken has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Timken's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Timken amounted to 426,930 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Timken decreased by 3.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Timken's Scope 1 Emissions Over Time

201820192020202120222023035 k70 k105 k140 ktCO2e-5%+16%+6%+13%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Timken's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Timken were 126,070 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Timken reduced its Scope 1 emissions over time?

Since 2018, Timken's Scope 1 emissions have increased by 26.5%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Timken's Scope 1 emissions decreased by 4.03%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Timken's Scope 2 emissions?

In 2023, Timken reported Scope 2 greenhouse gas (GHG) emissions of 300,860 tCOâ‚‚e using the market-based method.

Has Timken reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Timken's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Timken 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Timken use for Scope 2 reporting?

In 2023, Timken reported its Scope 2 emissions using the market-based method.

Timken's Scope 2 Emissions Over Time

201820192020202120222023095 k190 k285 k380 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)
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