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Article

15 Oct 2015

Author:
Human Rights and Business Dilemmas Forum (UN Global Compact & Verisk Maplecroft)

Health and safety in the workplace

This page presents an introduction to and analysis of the dilemma [ofHhealth and safety in the workplace]. It does so through the integration of real-world scenarios and case studies, examination of emerging economy contexts and exploration of the specific business risks posed by the dilemma. It also suggests a range of actions that responsible companies can take in order to manage and mitigate those risks...Often responsible companies find themselves in situations where they face challenges in enforcing defined OHS standards amongst their suppliers, especially in countries where the health and safety regulatory framework is weak or where laws are poorly enforced and monitored...There are many situations that education and awareness-raising – rather than investment per se – assists in the implementation of safer practices. However, in other cases companies must invest in good OHS practices, which may result in an increased cost of production for goods, making these suppliers less competitive. That said, health and safety lapses can result in business discontinuity and costlier production; so savings in the short term often lead to higher costs longer term.