Annual Reports
are crucial corporate documents that should reflect the financial and organisational health and achievements of a company. Only recently, in Australia, have Annual Reports been assessed for indications of occupational health and safety (OHS) other than fatalities. Some of that analysis of injury data has appeared in an article in the Safety Science journal entitled “Safewash! Risk attenuation and the (Mis)reporting of corporate safety performance to investors” – an article that deserves careful consideration. Continue reading “Annual Reports can encourage SafeWash!”
Category: investment
Bridging Health and Safety, a matter of urgency as well as good business sense?
Susan Fleming, Managing Director of Acting Consulting Training Australia attended a breakfast seminar on November 10 2015 and has provided this guest post .
“We have been shouting about safety for some time and in contrast whispering about well-being and health in the workplace. We need to address this as a matter of urgency”
Judith Hackitt, Chair of the UK Health and Safety Executive addressed the issue of University of Western Australia Centre For Safety (UWA Centre for Safety) breakfast on 10 November 2015.
In a prudent and well-programmed session, the UWA Centre for Safety inspired good debate about the business impact the well-being of employees is having on the workplace.
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EU provides clues for improving safety management
The European Union conducts research into occupational health and safety that, although there may be cultural and legislative differences, deserves attention from outside that geographical region. Recently EuroFound released its annual review for 2014. There are a couple of research projects that deserve consideration, particularly return-on-investment in construction safety, violence at work, psychosocial issues and precarious work risks. Continue reading “EU provides clues for improving safety management”
OHS ROI pilot research in Queensland
Work Health and Safety Queensland (WHSQ) recently revealed some early research into the Return on Investment (ROI) of occupational health and safety (OHS) controls. (Thanks to a reader for pointing it out) According to its website:
“Recent pilot research in several Queensland organisations found clear evidence of the cost effectiveness of safety interventions, including:
- an automatic shrink wrapping machine at Rexel’s Tingalpa distribution centre that had an ROI of around $1.82 for every $1 of costs, and a payback of upfront costs of less than three years
- an ergonomics intervention at BP Wild Bean Cafés with an ROI of $2.74 for every $1 of costs and a payback within the first month
- a workplace health and wellbeing program at Port of Brisbane that had an ROI of $1.58 for every $1 of costs and a payback of 15 months.”
None of this “pilot research” is publicly available so it is not possible to verify the data. (WHSQ has been contacted for further information for a follow up blog article)
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National OHS performance indicators needed
Since the release of the 2015 Citi report into the occupational health and safety (OHS) performance of the companies in the ASX200 stick exchange rankings, this blog has received many requests for a copy of the report to assist in the benchmarking of performance. Clearly performance indicators for OHS remain contentious and difficult but this does not need to be the case.
Citi’s recent report stated that key performance indicators (KPIs) should meet three needs:
- “internal monitoring for continuous improvement to reduce incidents;
- benchmarking and sharing lessons within the industry; and
- transparent disclosure to stakeholders.”
Continue reading “National OHS performance indicators needed”
Superannuation notices workplace safety
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