SUSTAINABILITY FAQ

To ensure that all employees work in a safe environment, several safety initiatives are implemented and led by Safety Department and Committee;

  1. Zero Harm Programme is an approach to heighten the occupational safety of a workplace through the implementation of safe work environment systems.
  2. Safety Health Emergency Preparedness Program’s initiative is for the all factories to have a trained First Responder and Safety Officer who will work in tandem with a 24 hour emergency response team from Top Glove Global Doctors (TGGD)

We aim to certify all of our factories with Occupational Health & Safety Management System (ISO 45001) by FY2025

Top Glove assigned 287 Auxiliary Police and Security Personnel to patrol factories, hostel, and nearby residential and community areas to safeguard safety of workers, staff and residents.

https://www.topglove.com/safety/

As a health-centric Company, we invest in managing and improving employees’ health. Top Glove has established in-house healthcare team consists of 41 wellness team members.

  1. Top Glove invested RM 340,000 for in house gymnasium facilities in 2016. This gym facility not only provides the basic gym equipment but also various classes such as Zumba, yoga, cardio boxing, Bollywood dance, Kpop dance and belly dance.
  2. The fitness benefits provided for the employees are; Free Membership to Top Healthy Fitness (Company Gym), up to 70% subsidy for swimming lessons, and 50% subsidy for fitness classes. https://www.topglove.com/social-health/
  3. Top Glove launched a Subsidised Vegetarian Meal Programme for all employees Top Glove to promote a healthy diet amongst employees.
  4. Top Glove organises weight management programmes for its employees to encourage them to maintain their BMI at an optimum level.
    • Mission Slim Possible for overweight staff
    • Gain It Right weight for underweight staff

Top Glove’s community outreach program is implemented through its charity arm, Top Glove Foundation . Its CR initiatives focus on the areas of education, environment, community welfare for which Top Glove Foundation has contributed almost more than RM30 million as of May 2021, since 2009 and RM 448,076 in FY2020 alone.

Education https://www.topglove.com/social-top-glove-foundation-education

Top Glove Foundation has offered 16 scholarships to students to pursue various degree courses in local public universities.

Community https://www.topglove.com/social-community

Donated to various redevelopment and facility improvement projects such as;

  • 150 units of White Cane Donated to Yayasan Orang Buta Malaysia
  • Grocery Collection, Packing and Distribution (2000 families B40 nationwide)
  • Glove Donation to Combat COVID-19 (more than 5 million pieces) to MOH/Hospitals, Government Authorities, NGOs and Schools in Malaysia, Thailand, US and Mozambique.

Environment https://www.topglove.com/sustainability-environment/

Save the Forest Project, Save Us (Peak Garden) was conducted at the nearby Setia Alam Community Forest (SACF), 430 acres selectively logged lowland rainforest. The main aim of this project was to upkeep and preserve the cleanliness and wellbeing of the forest.

  1. As preventive measures to contain the spread of COVID-19, Top Glove provides face masks to all employees and has arranged COVID-19 tests & quarantine centre for workers with COVID-19 symptoms.
  2. Top Glove has borne all the COVID-19 related costing for employees. Besides being registered as an authorized vaccine distribution center, our medical super clinic and ambulatory centre, Top Glove Global Doctors (TOP GLOVEGD), collaborated with the Institute of Medical Research to conduct antibody tests on employees that recovered from COVID-19.
  3. Top Glove also engaged with the Ministry of International Trade & Industry (MITI) for the industrial phase onsite vaccination programme, which set to begin on July 2021.
  4. Top Glove continuously improves workers’ accommodation to be fully compliant with Act 446 to contain COVID-19 spread and instill awareness among employees on COVID-19 SOPs. https://www.topglove.com/social-Covid19-Prevention
  5. For the community, we have come up with several initiatives such as donating more than 4 million pieces of medical gloves to Malaysian hospitals, various government ministries, the Royal Malaysia Police & charity organisations and has contributed RM300,000 worth of ventilators & medical suits to the Ministry of Health Malaysia. In addition, we earmarked RM5 million for CSR initiatives to assist those impacted by the pandemic.

Top Glove is guided by the following frameworks;

  1. Companies Act 2016
  2. Main Market Listing Requirements of Bursa Malaysia Securities Berhad
  3. Malaysian Code on Corporate Governance
  4. Corporate Governance Guide (3rd Edition) issued by Bursa Malaysia Securities Berhad

Our corporate governance practices underpin the way we manage our business and support the successful delivery of our strategy. It guides our ability to operate in a way that is both legally compliant and responsible and is embedded in our day-to-day business operations. We take our governance role seriously and recognise that, as guardian of our culture, the Board plays a vital role in defining the way in which we do business and leading by example. We pride ourselves in operating in an open, honest, transparent and responsible way that welcomes constructive challenge and debate.

Governance Manual: https://www.topglove.com/governance-manual/

Towards further ensuring that the Company’s sustainability goals are advanced, Management is held accountable for the achievement of these goals, with executive compensation tied in with the managing of identified material Environmental, Social & Governance (ESG) issues.

To this end, 40% of their Key Performance Indicators (KPIs) are related to the Social & Environmental pillar and aligned with the Group’s top 5 material issues. The ESG metrics used to determine executive compensation include:

  • Product quality & safety
  • Occupational health & safety
  • Talent retention
  • Labour management
  • Carbon emission (to be associated from FY2022 onwards)

Governance: https://www.topglove.com/governance

Remuneration Policy: https://www.topglove.com/App_ClientFile/7ff8cb3f-fbf6-42e7-81da-6db6a0ab2ef4/Assets/pdf/TopGlove_RemunerationPolicy18062019.pdf

Board of Directors’ primary role is to promote long term sustainability and shareholder value creation. Besides, the Board is accountable for the performance of the Company. This Board Effectiveness Evaluation Framework aims to provide vital tool for Directorsto:

  • structure a high-performing Board by reviewing and improving Board performance
  • reveal gaps in Board composition
  • improve Board alignment around key issues
  • provide fresh perspectives on the Board’s and Management’s functioning
  • establish proper guidelines for the Board to enhance the effectiveness of their interactions, particularly through strengthening Board practices and processes

Board Effectiveness Evaluation Framework: https://www.topglove.com/App_ClientFile/7ff8cb3f-fbf6-42e7-81da-6db6a0ab2ef4/Assets/pdf/TopGlove_BoardEffectivenessFramework18082020.pdf

  1. Top Glove’s zero tolerance on corruption and bribery is articulated in our Code of Conduct, Anti-Bribery and Anti-Corruption (APAC) Policy, No Gift Policy and other governing documents which are applicable across all business units including our suppliers and customers.
  2. Our approaches and initiatives to embed anti-corruption and anti-bribery practices within the Company are as follows:

  1. Top Glove concurs that how our Board functions at this time will be a critical factor in the Company’s continued implementation and improvement of our stringent remedial actions on safeguarding the safety, health, and wellbeing of our employees.
  2. Collectively, our Independent Directors (ID) have served a total of 35 years on the Board and individually, an average of 6 years. Additionally, each ID is also part of an average of four (4) committees, including the Board Risk Management Committee (BRMC), the Board Audit Committee (BAC), the Board Nomination and Remuneration Committee (BNRC), and the Board Sustainability Committee (BSC).
  3. The IDs, through the Independent Directors Committee (IDC), meet regularly to discuss various issues related to the pandemic, the US Customs Border Protection, the risk of global non-regulatory compliance, shareholders’ activism, and EESG (Economic, Environment, Social and Governance) matters, among others.
  4. The Company assures all our shareholders and stakeholders that our Board will continue to take on a critical role in directing and overseeing the Group while supporting our Executive Leadership, preserving appropriate separation from the Management, and sharing the burden of sustainable and ethical implementation of policies, benefiting its 22,000-strong workforce.

  1. ESG issues, including labour rights, health & safety are oversight by the Board Risk Management Committee (BRMC) and Board Sustainability Committee (BSC), in which the meeting held quarterly.
  2. Both BRMC and BSC are chaired by Independent Director and majority of the committee members consist of Independent Directors.
  3. Independent Director Committee meets regularly to discuss various issues such as the US Customs Border Protection, the risk of global non-regulatory compliance and other ESG matters.
  4. The Independent Directors have also visited hostels and engaged directly with workers on-site.
  5. Independent Directors have quarterly meeting with Worker Representatives, in which the first meeting was conducted on 9th March 2021 with worker representatives from Nepal & Bangladesh, to discuss on worker issues.

  1. ESG issues are discussed at the board committee level, in which the Human Resources Department reports social compliance progress, issues and action plans to the BSC & BRMC. Similar to Social agenda, Environmental and Governance agenda are being discussed in the board committee level as well.
  2. The Board Committees’ roles include:
    1. Oversee the processes, standards and strategies to manage social and environmental issues
    2. Provide oversight and input on management's implementation, operation and assurance of policies and standards to ensure that the Group's strategies and goals pertaining to sustainability are aligned with.
    3. Identify major risks and manage risk exposure within the acceptable level of tolerance.
    4. The Board Committee members have also drive engagement on sustainability amongst senior management of the Company, through meeting with Head of Departments to assess on issues that can impact the Company's strategic direction. Besides commitment mentioned in #1, the Independent Directors also engaged with the management through WhatsApp chat group within the IDs and the management to discuss all ESG issues.