Hypertherm, Schnitzer, Timken, and Kennametal named to World’s Most Ethical Company list

Hanover, N.H.-based Hypertherm, Portland, Ore.-based Schnitzer Steel Industries Inc., North Canton, Ohio-based Timken Co., and Pittsburgh-based Kennametal Inc. are four of the 131 companies named to the 2016 World’s Most Ethical Company® list by Ethisphere Institute.

The assessment for this designation is based on the Ethisphere Institute’s Ethics Quotient™ (EQ) framework, which offers a quantitative way to assess a company’s performance. The information collected provides a comprehensive sampling of definitive criteria of core competencies. Scores are generated in five key categories: ethics and compliance program; corporate citizenship and responsibility; culture of ethics; governance; and leadership, innovation, and reputation.

Hypertherm, a manufacturer of plasma, laser, and waterjet cutting systems, has been named to the list two years in a row.

This is the second consecutive time that Schnitzer, a manufacturer and exporter of recycled metal products with facilities throughout North America, has earned the designation.

The Timken Co., a manufacturer of bearings, gear drives, belts, chain, and related products and provider of powertrain rebuild and repair services, has earned the designation for the sixth time.

For Kennametal, a provider of materials science, tooling, and wear-resistant technology to the aerospace, earthworks, energy, general engineering, and transportation industries, this is the fifth consecutive designation.

The full list of the 2016 World's Most Ethical Companies is available at worldsmostethicalcompanies.ethisphere.com/honorees/.