Knowledge of corporate responsibility issues is growing and local and foreign firms based in Malta believe that its importance will increase in the years to come.
The understanding of the term corporate social responsibility (CSR) is moving away from just charitable contributions to include other aspects like environmental matters, health and safety and ethics, among others. Many companies have shown concern over water and energy consumption, health and safety, pollution and waste management.
Over 80 per cent of the Maltese companies have a CSR policy or program in place, many sharing an increased sense of responsibility towards their people, the environment and the wider community. Brand reputation and internal commitment to corporate values are the main key drivers of CSR efforts, while lack of financial and human resources are often identified as being the main barriers.
The iGaming community have played significant inroads in CSR. The industry has become a fundamental part of our economic make-up and social make up over the past decade and with over 9,000 people directly or indirectly employed by the sector, the sector through sponsorships and initiatives have enhanced the lives of many in local communities here.
The very first edition of the Malta Gaming Awards is taking place the evening before SiGMA 2016. During the event Patrick J O’ Brien, Exante communications Director and Journalist will present an award to the Company that wins Corporate responsibility of the year 2016.