We’re a business with a clear determination: “To Be A Respected Global Company By Protecting Lives Through Purposeful Rubber Products”. We stand guided by our values and committed to:
We strive to foster lasting and mutually beneficial business relationships with colleagues, customers, suppliers, and partners, ensuring a win-win outcome for all involved.
As a participant of the United Nations Global Compact, KOSSAN is committed to upholding its 10 Principles on human rights, labour, environment, and anti-corruption.
KOSSAN Sustainability Policy emphasizes the alignment of sustainability goals with our business strategies with a clear objective "Creating Shared Value Through Sustainable Ecosystem". Our sustainable ecosystem comprises of 5 components:
Continuous improvement and adopt better practices to ensure better result and outcome with zero or minimal negative impact to the environment and social
Encourage innovative sustainable solutions
Enhancing our operational methodologies and establish a learning organization
Do the right thing, for what it is worth, with integrity and high standards
Instill trust and mutual respect with internal and external stakeholders
Our Twelve (12) Principles form the foundation of the KOSSAN Sustainability Policy, guiding every decision we make and every action we take. They reflect who we are — a company committed to driving sustainable economic growth, environmental stewardship, social well-being, and good governance in every aspect of our business.
We call this – representing our belief that KOSSAN will continue to exist, prosper, and be remembered for the values we’ve created in everyone’s life throughout our journey.
Future-proofing our business and "Creating Sustainable Shared Value" has never been more strategic. The KOSSAN Sustainability Strategy and Blueprint: Shaping Transformation 2035 ("KSB 2035") sets the course for our long-term journey toward responsible and sustainable growth.
Aligned with the United Nations Sustainable Development Goals (UN-SDGs) and built upon our L.I.V.E 12 Principles, KSB 2035 provides a robust strategic framework that:
It is designed to reflect the realities of our business model, geographical footprint, stakeholder concerns, and emerging EESG trends — integrating sustainability into every part of the organisation.
KSB 2035 is structured around four strategic goals supported by key targets that drive accountability, enable consistent progress tracking, and guide our actions toward long-term sustainable growth. Each goal focuses on a specific sustainability priority area, together forming a cohesive triple-bottom-line strategy that balances economic success with environmental stewardship and social responsibility.
Our Sustainability Report aims to provide our stakeholders with targeted, transparent, and integrated communication about sustainable development. The Report is prepared in compliance with paragraph 29, part (a) of appendix 9C of the Main Market Listing Requirements and guided by the Sustainability Reporting Guide and toolkits issued by Bursa Malaysia.
We wish to reiterate that sustainability has always been and will be part and parcel of KOSSAN’s strategy as we strive to create sustainable shared valued for our stakeholders.
Click HERE to view our first independent Sustainability Report 2024
Our Sustainability Report has been prepared in accordance with:
Preparation of the Report also in reference to the following:
We have earned a Gold Medal for our sustainability performance from EcoVadis, placing us in the top 5% of companies assessed by EcoVadis globally.
We are proud to have disclosed our environmental data through CDP in 2024, joining over 24,800 companies globally, with an improved Water Security disclosure score from 'C' to 'B-' and a maintained 'C' rating for Climate Change disclosure.
We are proud to announce that one of our glove manufacturing sites has attained the first Platinum WRAP certification in Malaysia, while the remaining glove manufacturing facilities have retained their Gold certification status. This serves as a compelling demonstration of our steadfast dedication and commitment to maintaining the highest standards of ethical and responsible business conduct.
In 2024, we successfully maintained our MSCI ESG rating of 'A', reflecting our continued commitment to strong environmental, social, and governance practices across our operations.
We successfully entered the Malaysia Book of Records for being the first glove manufacturer in the country to establish a strategic partnership with Bank Negara Malaysia (BNM) for its Greening Value Chain (GVC) programme to help SMEs in decarbonisation.
In 2024, we successfully retained our inclusion in the FTSE4Good Bursa Malaysia Index (F4GBM) and the FTSE4Good Bursa Malaysia Shariah Index (F4GBMS), with our rating upgraded from 3 Stars to 4 Stars. We were elevated to the top 25% quartile of public listed companies (PLCs) under the FBM EMAS assessed by FTSE Russell.
FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Kossan Rubber Industries Bhd has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices.
As of Jan 2025, we received an ESG Risk Rating of 17.5 from Morningstar Sustainalytics and was assessed to be at LOW risk of experiencing material financial impacts from ESG factors.
Received "Green Initiative Award" from ACES Awards.
This honor is a powerful testament to our effort on the environment and our industry. This enhances our commitment to sustainable practices and encourages us to continue striving for excellence.
We are delighted to announce that one of our glove manufacturing sites has achieved an 'A' rating following an amfori BSCI audit—a globally recognized assessment that evaluates compliance with international standards on ethical and responsible business practices, including labor rights, occupational health and safety, and environmental performance.
We are proud to have obtained FSC™ Chain of Custody certification across all our natural rubber glove manufacturing facilities. This milestone demonstrates that our natural rubber inputs are sourced from responsibly managed forests, in line with rigorous environmental, social, and economic standards. It reinforces our commitment to traceability, sustainable sourcing, and delivering products that align with global expectations for environmental stewardship.
(Kuala Lumpur, Malaysia)
(NYSE, New York, U.S.A.)
(Kuala Lumpur, Malaysia)
(Auditorium Sasana Kijang, Bank Negara Malaysia)
We acknowledge that securing long-term sustainability and creating lasting value requires a focused and exceptional approach to managing our Economic, Environmental, Social, and Governance (EESG) priorities.
At KOSSAN, our sustainability efforts are structured around the following core areas:
In an increasingly interconnected global economy, we recognise that our business activities carry far-reaching impacts across the entire value chain. At Kossan, we are committed to proactively reducing environmental and social risks while promoting ethical conduct and transparency throughout our operations and partnerships.
KOSSAN’s ambition to build a resilient and responsible value chain reflects our focus on enhancing adaptability, ensuring continuity, and strengthening collaboration. This is essential not only to withstand future disruptions but also to create long-term, sustainable value for our stakeholders.
With the industry progressing and the increasing urgency surrounding environmental concerns, KOSSAN recognize the profound responsibility we have as a global manufacturer to minimize our environmental impact and contribute to the sustainability of our planet.
Our dedication to shifting towards low carbon manufacturing is driven by our distinct goal to produce products and processes that are not only efficient and financially sustainable but also environmentally responsible. The transformation necessitates a thorough re-examination of all elements of our operations, including the sourcing of materials, energy consumption, and waste management. Our goal is to meet the needs of today without compromising the ability of future generations to meet theirs.
Our people are our most valuable resource, as they are integral to our success and sustainability. Our initiatives shall provide concrete benefits for KOSSAN, positively influencing employee well-being, enhancing productivity, attracting and retaining talent, ensuring compliance with legal requirements, and bolstering our employer branding. To this end, fostering environments that are supportive, inclusive, fair, and, most importantly, secure are key to unified our workplace culture.
Innovation is a core driver of KOSSAN’s strategy to remain competitive in a rapidly evolving business landscape. Through our commitment to research and development, as well as the integration of digitalisation and emerging technologies, we strive to deliver high-quality, safe products designed with circularity in mind. These efforts support our goal of meeting changing customer expectations, reducing environmental impact, and contributing to a more sustainable future.
Adherence to applicable environmental laws and rules that are crucial to conduct our business responsibly.
Committed to remain in tune and responsive to all national and local environmental regulations that pertain to our industry, in addition to global standards and norms.
Managing the disposal of both hazardous and non-hazardous waste generated from our business operations.
Determined to minimise waste from our manufacturing activities and enhancing circularity across our operations to help reduce land contamination and carbon emissions associated with landfills.
Addressing climate risk and opportunities across our value chain and minimise greenhouse gas emissions.
Steadfast dedication to take strategic approach focused on reducing emissions as climate change is a matter than must be considered and addressed.
Sound water management and responsible effluent discharge across our operation.
Endeavor to improve water footprint and minimising environment impact of effluent discharged from our business activities to support broader goals of water security and sanitation accessibility.
Treating our people and those that work with us fairly and ensuring their fundamental rights are safeguarded and respected. Including but not limited to prohibition of modern slavery and forced labour, prohibition of child labour and protection of young people at work, prohibition of torture and inhuman or degrading treatment, right to life, freedom of opinion and expression, equality and non-discrimination and labour rights.
Staunch advocate for decent work in accordance with international standards through continuously advancing our effort in tackling human rights risks across our own operation and our supply chain, and upholding a fair, sustainable, and inclusive workplace for all.
KOSSAN IS COMMITTED THROUGH COMPLIANCE WITH EMPLOYMENT LAWS, REGULATIONS, STAKEHOLDER REQUIREMENTS AND BEST PRACTICES TO ENSURE NO KOSSANIANS OR THOSE IN OUR SUPPLY CHAIN ARE SUBJECTED TO FORCED LABOUR.
Forced Labour, all work or service exacted from any person under the menace of penalty and for which the said person has not offered himself voluntarily is also called Modern Slavery.
It is an umbrella term that encompasses forms and indicators such as prison labour, indentured labour, bonded labour, debt bondage, child labour - including the worst forms of child labour and human trafficking which may occur due to abusive working and living conditions, restriction of movement, abuse of vulnerability, isolation, physical or sexual violence, intimidation, threats, retention of identity documents, withholding of wages or deception which are used to deceive workers or coerce workers, thereby creating situations of involuntary work and exploitation.
Our focus is on ensuring fair, safe and healthy working conditions for all our workers that are in alignment with all of our stakeholder’s requirements.
We treat all cases of forced labour, modern slavery and human trafficking as zero-tolerance issues.
The Company shall not recruit or employ a CHILD or YOUNG PERSON. The company may only employ adults (18 years old and above).
Furthermore:
If for any reason, the company finds that a Child worker is under its employment, (i.e oversight, misrepresentation, false/incorrect identification documents, etc), the company recognizes that the safety and protection of the Child is of paramount importance and Child Labour Remediation Procedure shall be followed.
It is the responsibility of local plant management and Human Resources Department to implement and ensure compliance of this policy at all times.
The Kossan Group is committed to providing a work environment to all employees that is free of sexual harassment and any other types of discriminatory harassment.
Employees are expected to demonstrate high level of professionalism and to show respect for each other.
Sexual harassment is defined as any unwanted conduct of sexual nature, whether verbal, non-verbal, visual, gesture or physical, directed at a person which is offensive or humiliating or is a threat to his or her well-being arising out and in the course of his or her employment.
Discrimination is prohibited at every stage of employment including hiring, remuneration, access to training, promotion, termination and retirement.
Discrimination is an unjust or prejudicial act and / or practice based on certain characteristics of people. This may include recruitment decisions based on race, national or social origin, caste, birth, religion, disability, gender, sexual orientation, family responsibilities, marital status, political opinions, age, or any other condition that could give rise to discrimination.
As required by the Kossan Code of Ethics and Conduct (KCEC), all employees are required to report and case of Harassment or Discrimination to Human Resourced department in order to protect anyone affected by harassment or discrimination.
Minimizing exposure to workplace hazards and preventing work-related injuries and illnesses.
Placing high priority on workplace safety with the commitment to provide an injury-free workplace and protect our people through eradicating potential occupational hazards.
At KOSSAN, we take great consideration in the safety and health of all employees. As such, we aim to continuously improve our OSH Policy and OSH Management System for the benefit of our employees and those who may be directly or indirectly impacted by our daily operations. Our ultimate goal is to achieve safe work standards that provide a better safe working environment that minimise potential risks and hazardous effects, as well as to achieve higher OSH Excellent standards.
We devote all the necessary measures and attention to creating healthy, safe and conducive working conditions for employees, contractors and any other people involved with the company along the value chain, including suppliers, customers and the public.
KOSSAN is committed to the following:
The policy shall be reviewed and revised for its continued suitability and disseminated to all relevant parties.
Uplifting workforce fitness and well-being for sustainable economic growth.
Strive to made steps towards improving the overall health of our workers in all areas, including the physical, mental, and social aspects as we recognising human health.
Fostering a culture of continuous learning by providing work environments that support both professional and personal growth.
To continuously nurturing the potential of our people to support their career aspirations and strengthen our succession planning through training and development initiatives.
Embracing diversity and inclusivity through creating a culture of acceptance and belonging and cultivating a harmonious and thriving working environment.
Deep devotion to maintain and promote diverse, equitable and inclusive workplace across the dimensions of race, gender, religion, age, socio-economic group and culture.
Making positive impact through voluntary community engagement and support.
Established Yayasan Kossan with the objective of funding and supporting philanthropic activities for education and social welfare, embracing our duty to uplift underprivileged communities, conscious of the long-lasting impact we can create through our resources and reach.
Initiated Project Smile to develop, sustain, and perceive a good relationship between our internal and external community.
Ensure ethical business practices and compliance among all individuals working in and for the company.
Unwavering dedication to set a positive example in our industry with ethical business conduct and effective governance across our operations.
Provide high quality, safe products and solutions that firmly align with market demand and the ever-evolving expectations of our customers around the world.
Striving for continuous enhancement of product quality and safety performances to live up to the trust of our customers and contribute to our value chain.
Advancing industry development through strategic partnerships and collaboration with suppliers, customers, educational institutions, reputable NGOs and other community-based organisations.
Actively foster internal and external collaborations to promote shared values, drive progress, and exchange best practices.
Safeguarding business operations and stakeholder data from evolving cyber threats.
Committed to enhancing our cyber security and data privacy protocols by adopting industry best practices and implementing cyber protection strategies, thus securing the confidential data of our stakeholders and our own intellectual property.