Top Glove Included in the S&P Global Sustainability Yearbook
Shah Alam, Wednesday, 2 February 2022 — With an enhanced and even stronger commitment to Environmental, Social and Governance, “ESG”, Top Glove is pleased to announce its first-ever inclusion with an Industry Mover distinction in The Sustainability Yearbook 2022 by S&P Global. The Company is one of 53 Industry Movers in the 2022 Yearbook.
The annual Yearbook is one of the world’s most comprehensive publications providing in depth analysis on corporate sustainability. It is based on companies across various industries assessed in the S&P Global Corporate Sustainability Assessments, “CSA”, which is the basis for the S&P Global ESG Score. The ESG Score is also the basis for inclusion in the Dow Jones Sustainability Indices, “DJSI.”
Dato’ Lee Kim Meow, Managing Director of Top Glove, says: “We are immensely proud of this achievement; a testament to the effectiveness of our ongoing efforts to be a force for good in our industry, and the communities in which we operate.
“We have always believed in doing good, so that we may continue doing well. We see the Company’s inclusion in the Sustainability Yearbook 2022 by S&P Global as a significant milestone in Top Glove’s journey towards becoming a leading voice in the healthcare manufacturing industry in terms of ESG.”
ESG
Companies within the top 15 per cent of each industry that participated in the CSA last year and this year, that achieved an improvement in their S&P Global ESG Score of at least 5 per cent, and accomplished the strongest improvement in their industry, are awarded an Industry Mover Sustainability Award.
Top Glove was named among the top 10 per cent in the Health Care Equipment & Supplies industry category globally in the CSA as at the score date of 12 November 2021; a commendable increase from the previous year when it stood among the top 19 per cent of its peers.
Manjit Jus, Managing Director, Global Head of ESG Research, S&P Global, says: “We congratulate Top Glove on its Industry Mover Award in The Sustainability Yearbook 2022; which showcases the best performing companies among industry peers and in terms of financially material ESG metrics.
“With over 7,000 companies assessed, an inclusion in the Yearbook is a true statement of corporate sustainability excellence.”