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Does Occupational Health & Safety matter?

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Safety Helmets
Over 7,600 people die from work-related accidents or diseases worldwide daily. A further 374 million persons are estimated to suffer from work-related injuries and illnesses. Companies are facing increased pressure from stakeholders to ensure occupational health and safety issues along their supply chains.

Some key findings

  • Safeguarding workers’ well-being is the top driver to apply occupational health and safety management (82%), with laws and regulations a close second (79%).
  • Companies agree that main risks arise from machines and equipment (66%) and the working environment (62%).
  • The top two actions to mitigate risks are regular maintenance of premises, equipment and facilities (41%) and emergency measures (40%). 
  • 55% indicate that benefits are greater than costs. Certified companies see benefits to be greater than costs at a higher rate (65%), while small companies seem to benefit less from their investments (41%).
  • There seems to be a clear tendency to continue (55%) and even increase (43%) investments in OH&S management, in total 97%. 
  • 76% strongly agree or fairly agree that certification by an independent third party adds value to their organization and stakeholders. Among certified companies this number is 93%.