Climate Change Data

Gaming Innovation Group Inc.

Climate Impact & Sustainability Data (2022, 2023, 2024-04-01 to 2024-06-30)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:167,000 kg CO2e (offset)

ESG Focus Areas

  • Climate Change
  • Diversity, Equity, and Inclusion
  • Responsible Gaming
  • Employee Well-being
  • Supply Chain Ethics

Environmental Achievements

  • Offset 167,000kg CO2 (100% of business travel footprint) through The Gold Standard's VERs scheme
  • Stopped gifting merchandise, reducing associated GHG emissions
  • Reduced GHG emissions through office reviews and subleasing
  • Recycling paper, plastic, glass, organic material, printer toner and batteries

Social Achievements

  • Improved employee experience based on 63,000 feedback points
  • Implemented 'Your Voice' anonymous reporting tool
  • Created new perks and benefits package (Me Time day, Birthday leave, well-being allowance)
  • Established GiG Allies DEI allyship with training and certifications
  • Held 3rd Annual GiGstars Awards focusing on well-being

Governance Achievements

  • Increased ISO certifications (ISO 27001, ISO 20000)
  • Implemented Governance, Risk, Compliance (GRC) vertical
  • Improved supplier relationship management and security due diligence
  • Enhanced safer gambling and player protection offerings
  • Implemented anti-bribery and corruption policies

Climate Goals & Targets

Long-term Goals:
  • Achieve Net Zero emissions (target date not specified)
Medium-term Goals:
  • Achieve Net Zero emissions (target date not specified)
Short-term Goals:
  • Reduce energy and water consumption by 5% in 2023
  • Change merchandise to sustainable products and reduce CO2 emissions from shipments

Environmental Challenges

  • Reaching sustainability targets
  • Decarbonizing operations
  • Improving overall ESG rating (currently 47/50)
Mitigation Strategies
  • Partnership with Greenly for carbon management
  • Partnership with Legacy for ESG analysis and improvement guidance
  • Comprehensive third-party review with Bureau Veritas and RSM on ESG and Sustainability practices
  • Developing an informed emissions reduction plan focusing on supply chain, increasing efficiencies, and improving talent retention

Supply Chain Management

Supplier Audits: 94% of pre-existing suppliers re-assessed for ESG risks

Responsible Procurement
  • ESG supply chain rating analysis

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals

Certifications: ISO 27001, ISO 20000

Awards & Recognition

  • Best Casino Affiliate at the iGB Affiliate Awards

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:9.2k tCO2e (2022)

ESG Focus Areas

  • Innovation
  • Trust
  • Diversity, Equity, and Inclusion
  • Education and ESG
  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Completed inaugural Scope 1, 2, and 3 GHG emissions assessment with Greenly, resulting in a total emission of 9.2k tCO2e for 2022.
  • Planted 1720 trees in #GiGForest, offsetting 395,000kg CO2.
  • Offset 219,000 kg of CO2 emissions from business travel with GreenPerk.
  • Reduced travel and emissions through investment in digital meeting facilities.

Social Achievements

  • Operational split of GiG Media and GiG Platform & Sportsbook completed by year-end 2023.
  • Launched improved benefits package based on employee feedback.
  • DEI developments in talent acquisition, including reviewing job descriptions and training hiring managers on unconscious biases.
  • People team awarded Stevie award 2023.
  • 62 team events with 565 attendees.

Governance Achievements

  • Improved ESG rating year-on-year from 47 to 51.
  • Introduced AML & RG automated risk rating tools.
  • Two Player Safety leaders completed SafeTALK/ASIST training course.
  • Senior management in Player Safety team accredited with ICA Certificate in Compliance.

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions (aligned with Agenda 2030 and the Paris Agreement).
Medium-term Goals:
  • GHG emissions reduction planning with Greenly.
  • Safer Gambling initiatives through education and communication.
Short-term Goals:
  • Improve employee experience through various initiatives.
  • Streamline office environments and improve workplace services.
  • Implement Global Sustainability Policy.

Environmental Challenges

  • Complex and evolving legislation concerning online gaming, including responsible gaming and anti-money laundering obligations.
  • Risk of customers not being able to pay for services rendered.
  • Operational risks arising from changes in search engine algorithms.
  • Risks associated with non-compliance stemming from employee unfamiliarity with marketing and content guidelines.
Mitigation Strategies
  • Monitoring legal developments, contractual arrangements, and seeking external advice.
  • Fixed pricing model for Platform & Sportsbook services.
  • Continuous education and updates for staff on marketing and content guidelines.
  • Robust security framework, including phishing simulations and supplier reassessments.

Supply Chain Management

Supplier Audits: Supplier reassessment commitment, reassessing suppliers assessed within the same period 12 months prior.

Responsible Procurement
  • Ongoing supplier reassessment to reduce risk radius.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: EU Corporate Sustainability Reporting Directive

Certifications: ISO:27001

UN Sustainable Development Goals

  • All 17 UN SDGs

Initiatives are broken down into clear business and people goals aligned with the UN 2030 Agenda for Sustainable Development.

Sustainable Products & Innovation

  • Next generation X-suite igaming and sportsbook solutions CoreX and SportX, and supporting AI-led verticals, DataX and LogicX.

Awards & Recognition

  • EGR B2B Awards (Full Service Platform and Multi-Channel supplier of the year)
  • Stevie® Awards (Bronze for GHG Reporting Compliance)

Reporting Period: 2024-04-01 to 2024-06-30

Environmental Metrics

ESG Focus Areas

  • Emissions offsetting and reforestation
  • Regulatory review and preparation for CSRD
  • GHG emissions calculation
  • Employee leadership training
  • Diversity and Inclusion

Environmental Achievements

  • Planted 1,954 trees in Gentoo Media, offsetting 199.07 tCO2; Planted 4,523 trees in GiG Platform & Sportsbook, offsetting 444.42 tCO2

Social Achievements

  • Held successful Earth Day events with guest speaker Alexis Normand, CEO of Greenly; Ran Senior Leadership Programme and Leaders Of Tomorrow training sessions for 90 leaders in Malta.
  • Increased employee count to 772 (625 in Q2 2023)

Governance Achievements

  • Engaged KPMG to support CSRD Impact Assessment and Double Materiality Assessment

Climate Goals & Targets

Environmental Challenges

  • Google Core update negatively impacted Casinotopsonline.com rankings and player intake; Client exits in Platform & Sportsbook
Mitigation Strategies
  • Initiatives taken to restore rankings and player intake for Casinotopsonline.com; Implemented new marketing technologies and acquisition channels in Paid Media; Focused on higher-value markets in Gentoo Media; Significant investment in a new senior leadership team, along with additional sales and marketing initiatives in Platform & Sportsbook

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CSRD (EU Corporate Sustainability Reporting Directive)