A big first as Top Glove Rises in Gender-Equality Index

Shah Alam, Thursday, 27 January 2022 – Top sustainability journey with its inclusion in the recently announced 2022 Bloomberg Gender Equality reporting and measures to advance gender equality in the workplace.

This is the first year that Top Glove earns another feather in its cap on its Index, or “GEI”, for having demonstrated outstanding performance in the area of gender equality.

Top Glove has been named to the Index, as it aims to continue providing enhanced value to its employees, stakeholders and the communities it serves by leveraging on diversity and inclusion.

Dato’ Lee Kim Meow, Managing Director of Top Glove, says: “We believe a diverse and respectful culture is key to boosting staff morale, retaining outstanding talent, and improving productivity.

“We are committed to providing equal opportunities in recruitment and career growth supported by zero tolerance for discrimination. Top Glove’s inclusion in the 2022 Bloomberg GEI is a validation of the Company’s efforts in this spectrum, and inspires us to continue to do well so that we can continue to do good.”

ESG Practices

This recognition follows another distinction the Company received recently, when it capped its 30th anniversary in Year 2021 with an enhanced and even stronger commitment to its Environmental, Social and Governance practices.

In November 2021, Top Glove was named among the top 10% companies globally on the Dow Jones Sustainability Indices, “DJSI”, under the Emerging Markets category.

This represents a commendable increase from 2020, when it stood among the top 19% of its peers and is the third year running the company has been included on the prestigious index, as at the score date of 12 November 2021.

Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club, says: “We are proud to recognise Top Glove and the other 417 companies included in the 2022 GEI for their commitment to transparency and setting a new standard in gender related data reporting. Even though the threshold for inclusion in the GEI has risen, the member list continues to grow.

“This is a testament that more companies are working to improve upon their gender-related metrics, fostering more opportunity for diverse talent to succeed in their organisations.”