The Malta Gaming Authority (MGA) has awarded its first-ever ESG (Environmental, Social, and Governance) Code Approval Seals to licensees in the online gaming sector.
Following the voluntary launch of its ESG Code of Good Practice last year, the MGA encouraged gaming operators to submit ESG disclosure returns covering 19 topics across Environmental, Social, and Governance pillars. The Code offers gaming companies a strategic framework to improve transparency and strengthen sustainability reporting in alignment with global best practices.
The first annual reporting cycle saw 14 gaming operators awarded the ESG Code Approval Seal, marking the companies as industry leaders in sustainability efforts. The Code supports two levels of ESG compliance: Tier 1, which sets foundational ESG standards, and Tier 2, which encourages a more ambitious, aspirational approach. Each awarded seal is valid for one year, with operators having the flexibility to renew or modify their reporting tier annually.
MGA CEO Charles Mizzi stated, We believe this initiative will significantly enhance the industrys 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.
The were awarded the ESG Code Seal of Approval across Tier 1 and Tier 2 categories:
Tier 1 compliance:
Tier 2 compliance:
The MGAs ESG Code Approval Seal is not only a badge of recognition but also a crucial step forward in establishing online gaming as a responsible, sustainable, and ethical industry. As the online gaming sector grows, the importance of ESG considerationsranging from environmental impact to social responsibility and governance practiceswill only increase.
This initiative aligns with the MGAs mission of fair and transparent regulation, crime prevention, and protection of minors and vulnerable players. The Codes two-tier system offers companies the flexibility to scale up their commitments and deepen their ESG impact over time.