Top Glove Corporation Bhd

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Top Glove Corporation Bhd disclosed greenhouse gas emissions of 486.4K tonnes CO2e/year. By scope: Scope 1: 273.5K tCO2e/year; Scope 2: 152.4K tCO2e/year; Scope 3: 6.0K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
486.4K tonnes CO2e/year
2023
⚡
Renewable Energy
5.68% of total energy use
of total energy
💧
Water Usage
16.3M m3/year
2023
♻️
Waste
13.6K tons/year
2023
⚙️
Energy Use
372.7M kWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).273.5K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.152.4K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).6.0K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce carbon emission intensity by 10% to 0.0176 tonnes/1,000 pcs glove
  • Reduce electricity consumption intensity by 10% to 7.76 kWh/1,000 pcs glove
  • Reduce natural gas consumption intensity by 10% to 0.279 MMBtu/1,000 pcs glove
  • Reduce municipal water consumption intensity by 34% to 0.151 m3/1,000 pcs glove
  • Reduce scheduled waste intensity by 13% to 0.140 kg/1,000 pcs glove

📅 Medium-term

  • Achieve 100% ISO 45001 and ISO 14001 certifications
  • Achieve 100% ISO 50001 certification for selected factories
  • Achieve 100% ISO 37001 certification for all entities

🔭 Long-term

  • Transitioning into a net zero carbon business

🌱 ESG Focus Areas

Climate ChangeNature RestorationPeople-centric Corporate CitizenshipEthical Business PracticesContinuous Stakeholder Engagement

⚠️ Challenges & Risks +

  • Changes in business dynamics leading to potential delays in achieving sustainability goals
  • Water scarcity
  • Flooding
  • Increased compliance costs due to regulatory changes (e.g., EUDR)
  • Changing customer preferences towards eco-friendly products
  • High production costs relative to competitors

📋 Report Information

Reporting Period: 2023
Frameworks: IIRC Framework, SASB, UN SDGs, UNGC Ten Principles, Greenhouse Gas (GHG) Protocol, MCCG, GRI Standards: Core Option, Bursa Malaysia Sustainability Reporting Guidelines, Bursa Malaysia Corporate Governance Guide, TCFD Framework, IFRSs by ISSB, SPOTT, CDP
Assurance: SIRIM QAS International Sdn Bhd