Study: With Safety, Good Intentions Are Not Enough

Oct. 29, 2021
Data from Sphera’s new safety report reveals that even though safety is part of the corporate culture, companies lack a well-defined roadmap to implement safety improvement measures.

While most companies have embraced safety as part of their corporate culture, there are still hurdles to overcome to improve their process safety and personal safety performance, Sphera’s new Safety Report reveals. Sphera, provider of environmental, social and governance (ESG) and risk management software, surveyed nearly 350 risk, process safety and health and safety professionals. Their results indicate that while 75% of the respondents said that safety is part of their organization’s corporate culture, only 40% said they have a well-defined safety performance roadmap in place.

According to Sphera’s Safety Report, creating a safety culture is just as important as being compliant. Respondents indicate that the top three key safety performance drivers are reducing operational and major accident hazard (MAH) risk exposure (60%), regulatory compliance (48%), and corporate and board priority (37%).

Employer awareness of the safety hazards facing their workforce is heightened during the pandemic. Over a quarter (27%) of respondents indicate that the adoption of centralized health and safety processes is lagging.

“The pandemic has highlighted just how quickly safety and risk management processes can be thrown off balance. Safety in all its aspects makes for a resilient and sustainable business model, especially in an era when ESG goals are of the utmost importance,” says Sphera CEO and President Paul Marushka. “An effective safety culture and efficient safety process helps ensure a healthy workforce and enhanced business performance. However, we are still seeing a gap in how companies link safety and business performance, which highlights a need for a more holistic approach through data, software and expertise.”

For more information, visit: www.sphera.com

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