COMPLIANCE & RISK ASSESSMENT
demonstrated that good work is not only about wages, salaries or productivity, but also in how an organisation looks after its people and its supply chains.
People must be nurtured throughout their careers. Evidence suggests that investing in people and their development yields long-term economic rates of return. The more skilled and enabled a workforce, the more productive it tends to be. Health and safety professionals understand the power of empowered, trained people.
Health and safety professionals have a vital role to facilitate a narrative which translates this into wise collective and personal risk-based choices which achieve psychologically and physically healthy organisations.
ENVIRONMENTAL, SOCIAL AND
GOVERNANCE (ESG) Investors, regulators, consumers, the media and politicians are rightly asking how organisations look after their people. There is a growing social and ethical dimension not only to choices made by consumers but also in how capital is being invested by fund managers. Organisations of all sizes, and their suppliers, are choosing who they do business with and looking at social sustainability to do so.
twitter.com/TomorrowsHS
Health and safety professionals have a role to encourage transparent reporting. With better reporting there is greater accountability; customers and investors will make informed choices, which improves standards and rewards socially sustainable organisations. In turn they become more successful and better equipped to weather adverse conditions whilst still benefitting from positive market environments because they invest in prevention first and good governance.
We have seen ESG funds performing well. In a globally connected world, where we all leave a digital footprint, investors know organisations with positive values are less likely to be a reputational risk. The desire for ethical investment will drive ethical values which creates an interest to understand more about the issues we care about as health and safety professionals.
Through our Catch the Wave campaign, IOSH is working to harness the collective energy of progressive organisations and make a long-term commitment to driving social sustainability forward, with a force of occupational safety and health professionals making sure transformation happens on the ground.
www.iosh.com/catchthewave 27
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