XR Safety Initiative (XRSI) is a 501(c)(3) worldwide not-for-profit charitable organization focused on promoting privacy, security, ethics in XR domain. Our mission is to help build safe virtual environments so that XR stakeholders are able to make informed and pragmatic decisions. We do so by discovering novel cybersecurity, privacy and ethical risks and proposing potential solutions to mitigate them. XRSI, being first such global effort, finds itself in a unique position to provide impartial, practical information about XR related risks to individuals, corporations, universities, government agencies, and other organizations worldwide. XRSI develops standards as well as knowledge-based documentation in the XR domain to help build safe virtual environments.