Malta’s government has launched a voluntary ESG reporting platform to encourage corporate transparency in sustainability. Beginning next year, large or listed companies will need to comply with the Corporate Sustainability Reporting Directive.
Malta Gaming Authority proposes voluntary ESG Code
The Malta Gaming Authority (MGA) is contemplating a voluntary code of good practice for the remote gaming sector. This initiative aims to assist local licensees in aligning with forthcoming ESG legislation. The focus is on mitigating environmental, social, and governance impacts.
The Malta Gaming Authority (MGA) is revising its code to better meet stakeholder needs, bolster Malta’s standing as a premier gaming hub, and promote industry sustainability.
Key objectives
- Enhancing Transparency;
- Promoting Accountability;
- Sustainability Initiatives;
Mga’s strategy
| Objective | Action |
|---|---|
| Transparency | Regular Reports |
| Accountability | Stringent Audits |
| Sustainability | Eco-friendly Practices |
MGA stresses sustainable practices for sector enhancement
The MGA underscores the necessity for companies to actively pursue sustainability. Concrete actions and thorough reporting are pivotal in driving change and enhancing public perception of the sector. Proper documentation and transparency can significantly bolster efforts, ensuring a robust approach to environmental responsibility and ethical operations.
