Responsible and Ethical Marketing

With the organization’s new public commitment in sustainability, this is a new risk area for the organization to ensuring that the updates of ESG-related strategies, goals and metric are accurate and relevant. Internal Audit acts as an advisory capacity by adding value to management through providing independent, objective assurance and advice in the context of reviewing of sustainability commitment.

As part of our continuous effort to improve the quality of work in Top Glove, together with the growing need for internal audit engagement in ESG areas, our Board of Audit Committee has approved Internal Audit plan which includes several ESG audits.

Internal Audit has initiated the audit of Responsible and Ethical Marketing in 2021 and has intended to carry out the audit on a regular basis to ensure consistency towards aligning the best practices. Our audit in the primary stage has mainly focused on Responsible Communication with specific goals in mind to ensure promotion of ethical and professional marketing practices by our marketers.
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Findings identified from the audit are reported internally among the team to discuss plausible action plans to mitigate any risks identified through the audit. Along with the organization’s effort in its growing sustainability movement, Internal Audit strives to provide independent, objective assurance to the Board and Management on reporting metrics for relevancy, accuracy, timeliness, and consistency of ESG.