The Malta Gaming Authority (MGA) has awarded its first-ever ESG (Environmental, Social, and Governance) Code Approval Seals to 14 licensees in the online gaming sector, marking a significant step in its initiative to foster sustainable and responsible industry practices. This approval seal is part of the MGA’s ESG Code of Good Practice, introduced last year, which encourages gaming operators to integrate ESG-focused practices into their operations.
The voluntary ESG Code outlines a structured approach to reporting, covering 19 core topics under the Environmental, Social, and Governance pillars. These categories provide a strategic framework that enables companies to improve their reporting, align with best practices, and meet evolving stakeholder expectations. The Code includes two reporting levels: Tier 1, which establishes basic ESG standards, and Tier 2, which represents a more ambitious approach to ESG practices.
MGA Chief Executive Charles Mizzi emphasized the importance of this initiative, stating, “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.”
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