Top Glove Corporation Bhd

Common Name
Top Glove
Country
Malaysia
Sector
Healthcare
Industry
Medical Instruments & Supplies
Employees
10,700
Ticker
TOPGLOV
Exchange
BURSA MALAYSIA
Description
Top Glove Corporation Bhd is a leading manufacturer of rubber gloves, primarily serving the healthcare and industrial sectors. As the world's largest glove manufacturer, the company plays a pivotal ro...

Top Glove's GHG Emissions Data Preview

In 2023, Top Glove completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Top Glove has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Top Glove's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Top Glove amounted to 425,886 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Top Glove decreased by 52.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Top Glove's Scope 1 Emissions Over Time

2021202220230200 k400 k600 k800 ktCO2e-23%-55%
  • Total Scope 1
  • Year-over-Year Change

What are Top Glove's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Top Glove were 273,483 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Top Glove reduced its Scope 1 emissions over time?

Since 2021, Top Glove's Scope 1 emissions have decreased by 65.41%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Top Glove's Scope 1 emissions decreased by 54.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Top Glove's Scope 2 emissions?

In 2023, Top Glove reported Scope 2 greenhouse gas (GHG) emissions of 152,403 tCOâ‚‚e without specifying the calculation method.

Has Top Glove reduced its Scope 2 emissions over time?

Since 2021, Top Glove's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 53.65%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Top Glove's Scope 2 emissions (Unspecified Calculation Method) fell by 47.91% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Top Glove use for Scope 2 reporting?

In 2023, Top Glove reported its Scope 2 emissions using an unspecified methodology.

Top Glove's Scope 2 Emissions Over Time

202120222023085 k170 k255 k340 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Top Glove's Value Chain Emissions

In 2023, Top Glove reported 6,033 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Top Glove includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Top Glove's Scope 3 Emissions Over Time

20212022202305 k10 k15 k20 ktCO2e+9483710%-70%
  • Total Scope 3
  • Year-over-Year Change

What are Top Glove's Scope 3 emissions?

In 2023, Top Glove reported total Scope 3 emissions of 6,033 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 81.82% of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.18% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Top Glove reduced its Scope 3 emissions over time?

Since 2021, Top Glove's Scope 3 emissions have increased by 2,872,757.14%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Top Glove's Scope 3 emissions decreased by 69.71%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Top Glove disclose?

In 2023, Top Glove reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Top Glove's Scope 3 emissions?

In 2023, the largest contributors to Top Glove's Scope 3 emissions were:

  • Employee Commuting (Cat. 7): 3,057 tCOâ‚‚e (50.67%)
  • Waste Generated in Operations (Cat. 5): 1,469 tCOâ‚‚e (24.35%)
  • Downstream Leased Assets (Cat. 13): 1,097 tCOâ‚‚e (18.18%)

Top Glove's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(50.7%)Waste Generated inOperations (Cat. 5)(24.3%)Downstream LeasedAssets (Cat. 13)(18.2%)

Insights into Top Glove's Total Carbon Footprint

In 2023, Top Glove reported a total carbon footprint of 431,919 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 52.97% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Top Glove's total carbon footprint was Scope 1 emissions, accounting for 63.32% of the company's total carbon footprint, followed by Scope 2 emissions at 35.29%.

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