Top Glove Corporation (TGLVY)

Overall impact
B (61)

Commentary

Top Glove Corporation is a strong overall performer. With a 'B' rating of 60.5 for overall impact (64th percentile compared to all companies), Top Glove Corporation ranks 106th out of 155 industry peers, behind American Shared Hospital Services, Accuray, Avinger and 102 others, and ahead of Hologic, Bioventus, Profound Medical and 46 others. On top material causes for Top Glove Corporation's industry (Healthcare Equipment), Top Glove Corporation performs well in Improved Mental Health (95.5 score) and Decent, Safe Work Opportunities (87.3) and performs poorly in Child and Maternal Health (36.8 score), Sustainable Use of Natural Resources (38.6) and Reduced Green House Gas Emissions (33.8).
Impact
Cause TGLVY
Peer rank
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Company
Employees
11,000
Sector
Health Care
Industry
Health Care Equipment & Supplies
Sub-industry
Health Care Equipment
SASB industry
Medical Equipment & Supplies
Headquarters
Malaysia
Share classes
TGLVY
Description
Top Glove Corporation Bhd., an investment holding company, manufactures, trades in, and sells gloves in Malaysia, Thailand, the People's Republic of China, and internationally. The company offers nitrile, latex, surgical, rubber, examination, medical, and vinyl gloves; concentrate and synthetic latex, formers, chemicals and chemical compounds, rubber dental dams, exercise bands, condoms, and rubber related products; packaging materials, boxes, and cartons; and disposable and medical face masks, engineering parts and rubber glove machinery, functional fillers, healthcare products, and homecare and personal care products. It also provides property investment and consultancy services, and electrical engineering works; clinical and specialist medical services; analytical, medical related consultancy, emergency medical, advisory, accommodation, management and trading, and value added services; management services in plantation sector; processing of plantation produce; and industrial forest plantation services, as well as forestry and industry services. In addition, the company trades in healthcare related products; distributes medical devices and products; operates as a special purpose vehicle solely for issuance of Perpetual Sukuk; organizes in-house trainings and public trainings/programs; and establishes and maintains fitness related business, including healthcare, slimming centers, gymnasiums, and other related activities. Further, it generates and supplies energy and electricity using biomass technology; and offers e-commerce services for glove trading and other healthcare products. Additionally, the company provides gamma irradiation services for sterilization of gloves and medical devices; acts as an agent in the sale of various goods; wholesales pharmaceutical goods; and buys and sells real estate. Top Glove Corporation Bhd. was founded in 1991 and is headquartered in Shah Alam, Malaysia.
Material causes
Ethos considers the following causes material for Top Glove Corporation, based on its industry sub-industry Health Care Equipment. Learn more about material causes in our methodology overview.

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