TOP GLOVE LAUNCHES SUSTAINABILITY POLICY

15 June 2022 / 12:06

From left: Top Glove chief sustainabiloty officer Lee Kuan Yee, Top Glove executive director Lim Cheong Guan and Top Glove senior independent non-executive director and chairman of the Board Sustainability Committee Sharmila Sekarajasekaran.

KUALA LUMPUR: Top Glove Corporation Bhd has released its sustainability policy recently, which outlines its commitments in the areas of environmental, social and governance (ESG) and traceability.

The glovemaker said the policy guided ethical and responsible sourcing and procurement for all Top Glove subsidiaries and joint ventures, as well as the company's supply chain. 

It was developed in consultation with a variety of stakeholders, including investors, non-governmental organisations, and analysts, in addition to aligning with the Sustainable Development Goals of the United Nations.

Top Glove executive director Lim Cheong Guan said it recognised that its business had an impact on the environment, employees, and the communities it served. 

"We are committed to being a sustainability leader in the healthcare manufacturing sector and contributing to a better future for all our stakeholders," he said in a statement today.

"However, with an aim to go from good to great, the Sustainability Roadmap of the policy outlines steps and measurable targets up to the financial year 2025 (FY25), starting with FY21 as a baseline.

Top Glove senior independent non-executive director and chairman of the Board Sustainability Committee Sharmila Sekarajasekaran said the policy reflected its commitment to take on a lead role in the sustainability spectrum.

WWF Malaysia conservation director Dr Henry Chan said the policy was in line with Malaysia's commitment to achieving its sustainability goals, including becoming a carbon-neutral nation by 2050.

"It is pleasing to note that Top Glove's sustainability policy pledges to strengthen its sustainability goals and initiatives over the next few years.

"In our opinion, this is a good start on their journey and we encourage more companies to follow suit," he said.

New Straits Times

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