Top Glove has made to the recently announced 2022 Bloomberg Gender-Equality Index, or “GEI”, for having demonstrated outstanding performance in gender reporting and measures to advance gender equality in the workplace.
In a statement, it said that this is the first year that Top Glove has been named to the Index, as it aims to continue providing enhanced value to its employees, stakeholders, and the communities it serves by leveraging on diversity and inclusion.
The world’s largest manufacturer of gloves is one of four Malaysian companies which made the Index, and among 20 companies worldwide under the ‘Industrials’ sector. Internationally, the Company is among 418 reputable organisations across 45 countries and regions from 11 sectors, namely Communications, Consumer Discretionary; Consumer Staples; Energy; Financials; Health Care; Industrials; Materials; Real Estate; Technology; and Utilities, in this year’s GEI.
Top Glove said that this recognition follows another distinction the Company received recently when it capped its 30th anniversary in the Year 2021 with an enhanced and even stronger commitment to its Environmental, Social and Governance practices: in November 2021, Top Glove was named among the top 10% companies globally on the Dow Jones Sustainability Indices, “DJSI”, under the Emerging Markets category.
This, it said represents a commendable increase from 2020, when it stood among the top 19% of its peers and is the third year running the company has been included on the prestigious index, as at the score date of 12 November 2021.
Established in 2016, the GEI is a modified market capitalisation weighted index that aims to track the performance of public listed companies committed to transparency in gender data reporting. It measures companies against five criteria: female leadership and talent pipeline; equal pay and gender pay parity; inclusive culture; anti-sexual harassment policies; and pro-women brand.