Health and safety professionals have been issued with a set of tips to help them cope with their area of expertise’s growing importance to organisations’ performance reports.
A new report from the Centre for Safety and Health Sustainability (CSHS) says a growing number of firms are including occupational safety and health (OSH) information in their reports to stakeholders.
Importance of work safety
The trend means details of workers’ health and safety is increasingly being included in reports along with financial information.
The CSHS says a growing number of firms are recognising the role that health and safety can play in decisions about their financial investments.
Its report predicts that the next few years will see a “dramatic transformation” in the way that businesses perceive and deal with occupational health and safety.
The CSHS’s list of recommendations for OSH professionals includes advice to review operations in their supply chain to identify and reduce health and safety risks.
- Becoming more understanding of how the corporate world regards accounting for non-financial information
- Reviewing human capital activities to identify risk mitigation opportunities
- Reviewing supply chain operations to better understand potential OSH-related vulnerabilities
- Identifying the key external stakeholders to see if you can better understand their needs, interests, expectations and issues raised, or improve engagement.