Key points:
- The Malta Gaming Authority has awarded its first ESG Code Approval Seals to 14 licensees
- The voluntary ESG Code includes two reporting tiers and covers environmental, social and governance practices
- The initiative aims to enhance the online gaming industry’s commitment to sustainability and responsible practices
The Malta Gaming Authority (MGA) has awarded its inaugural Environmental, Social and Governance (ESG) Code Approval Seals to 14 licensed operators in the online gaming sector.
The seals are the first to be issued under the voluntary ESG Code of Good Practice, launched last year to provide gaming operators with a structured framework for ESG disclosures.
Covering 19 topics across Environmental, Social and Governance pillars, the Code offers companies a path to enhance their transparency and accountability through two reporting tiers: Tier 1, which sets foundational standards, and Tier 2, a more comprehensive standard for companies aiming to lead in ESG practices.
With the completion of the first reporting cycle, the MGA recognises these 14 operators for meeting the standards laid out in their selected reporting tier.
Good to know: Of the 14 operators to be awarded Seals, three companies in particular stood out by meeting the Tier 2 requirements, namely: Play’n Go Malta, Trannel International and Tipico
Seals are valid for a year and renewable, allowing licensees flexibility to progress or adjust their reporting tier in future cycles as their ESG strategies evolve.
Commenting on this development, MGA CEO Charles Mizzi stated: “We believe this initiative will significantly enhance the industry’s reputation and sustainability credentials.
“By integrating ESG considerations into their operations, gaming companies not only contribute to the wellbeing of society and the environment but also strengthen the trust and confidence that consumers, investors and regulators have in the industry.
“This initiative sends a clear message: sustainability, in the broadest sense of the word, is integral to the future of the gaming sector.”
