This index is designed to create a family of benchmark and tradable indices in response to the growing interest in socially responsible investment around the world.
Hartalega’s strong stand on being a responsible corporate entity and our demonstration of a leading approach in addressing pertinent corporate responsibility risks within the Malaysian market has enabled the company to be recognised as one of the 38 companies in the Malaysian arm of the FTSE4Good Index—the FTSE4Good Bursa Malaysia Index.
The FTSE4Good Bursa Malaysia Index constituents are selected from the top 200 Malaysian stocks in the FTSE Bursa Malaysia EMAS Index, screened following the transparent and defined Environmental, Social and Governance (ESG) criteria. The index has been designed to ascertain Malaysian companies with recognised corporate responsibility practices, thus expanding the series of benchmarks in the FTSE Bursa Malaysia Index Series for the Malaysian Markets.
Not only is Hartalega one of the top 200 Malaysian stocks in the FTSE Bursa Malaysia EMAS Index, Hartalega stands as the first glove manufacturer and one out of only 5 companies from the industrial products sector to be inducted as a top performer in ESG practices.