TOP GLOVE GARNERS ACCLAIM FOR TRANSFORMATIVE SOCIAL INITIATIVES AT SUSTAINABILITY & CSR MALAYSIA AWARDS 2023

The World’s Largest Manufacturer of Gloves Earns Coveted ‘Distinguished Social & Community Care’ Award, Setting a Benchmark in Corporate Social Responsibility Efforts

Shah Alam, Thursday, 27th July 2023 Top Glove Corporation Bhd (“Top Glove”) has been honoured with the prestigious Distinguished Social & Community Care Award in the Company of the Year (Manufacturer: Rubber Gloves) category at the esteemed Sustainability & CSR Malaysia Awards 2023. The event took place at Mandarin Oriental Kuala Lumpur on Wednesday, 26 July 2023.

Top Glove stood out as the only glove manufacturer invited to participate in the Sustainability & CSR Malaysia Awards 2023, which saw recognition for 55 outstanding companies from diverse industries for their commendable community outreach efforts. This year the Awards introduced a special recognition category to honour six outstanding individuals who have been champions of ESG and CSR causes. The event, organised by CSR Malaysia publication and endorsed by Pertubuhan Amal Tanggungjawab Kemapanan & Korporat Malaysia (Corporate Sustainability & Responsibility Malaysia Welfare Society), celebrates and promotes corporate social responsibility initiatives.

The prestigious award was bestowed upon Top Glove in acknowledgment of its remarkable corporate social responsibility activities throughout the year 2022. These endeavours encompassed a wide spectrum of initiatives, such as charitable donations, programmes for the elderly’s wellbeing, blood donation campaigns, educational support for students in the B40 community, festive contributions, flood relief efforts, and environmental programmes. Notably, Top Glove’s contributions in terms of monetary aid, personal protective equipment (PPE), and philanthropic projects in the past year surpassed RM3 million.

Professor Tou Teck Yong, a Trustee of Top Glove Foundation, the philanthropic arm of the Company, accepted the award on behalf of Top Glove during the ceremony graced by the presence of Yang Berhormat Dato’ Sri Nancy Shukri, Minister of Women, Family & Community Development.

Established in June 2009, Top Glove Foundation has been instrumental in raising funds for charitable, educational, environmental, and community-related endeavours. The Foundation operates under three key philanthropic pillars: Community, Education, and the Environment while promoting sustainability and corporate social responsibility projects.

Beyond regular donations and welfare home visits, the Foundation has initiated flagship programmes like the Healthy Ageing Programme, in collaboration with Pusat Kesihatan Daerah Klang, at Klinik Kesihatan Pandamaran and Klinik Kesihatan Meru. Additionally, the EduShare programme involves donating refurbished laptops for academic purposes, while its ongoing mangrove nursery and plantation programme at Sijangkang Mangrove & Recreational Park supports environmental conservation efforts.

The Awards’ selection process involves meticulous consideration of various factors, including the alignment of a company’s practices with the Sustainable Development Goals (SDGs), a declaration of non-conflict with SDGs, the absence of corruption, the impact of sustainability and corporate social responsibility initiatives on the community, the frequency and transparency of these activities, the total contribution made, the strength of the team, and the effectiveness of each initiative.

Mr. Lim Cheong Guan, Managing Director of Top Glove, expressed pride in the Company’s recognition and emphasised its commitment to giving back to the community and society. He stated, “As a local organisation with a global presence, we have a responsibility to make a positive impact. We are honoured to receive this award which exemplifies our dedication to building a better world for everyone, now and in the future.”

For more information on Top Glove, please visit https://www.topglove.com/.

For more information on Top Glove Foundation, please visit https://www.topglove.com/social-top-glove-foundation.

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About Top Glove Corporation Bhd

Top Glove Corporation Bhd is listed on the Bursa Malaysia Stock Exchange Main Board and Singapore Exchange Mainboard. It is also one of the component stocks of the MSCI Global Standard Index, FBM Top 100 Index, FBM Emas Index, FBM Hijrah Syariah Index, FBM Emas Syariah Index and the Dow Jones Sustainability Indices (DJSI) for Emerging Markets. Top Glove is currently the world’s largest manufacturer of gloves with an established corporate culture and good business direction of producing consistently high quality, cost efficient gloves. Top Glove has over 2,000 customers worldwide and exports to more than 195 countries.

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