In the modern business ecosystem, a robust workplace safety program is no longer a mere regulatory requirement but a fundamental cornerstone in optimising a company's bottom line. Many businesses tend to overlook the economic benefits that a well-structured safety program can bring, often viewing it as an obligatory expense rather than an investment. This perspective, however, needs a revision. In fact, implementing a proactive safety program can contribute to improved productivity, employee satisfaction, and substantial financial savings.

Environmental, Social, and Governance (ESG) is a comprehensive framework that evaluates an organisation's practices and performance on sustainability and ethical issues. It provides a systematic approach to measure business risks and opportunities in these areas. How your business approaches workplace safety is a critical component of this.

When was the last time you booked a hotel or restaurant without first checking out online reviews? When you need a plumber, do you ask your neighbor for a recommendation? How much merit do you place in a business having great reviews, testimonials or ratings?

For some organisations, workplace health and safety is just a matter of ticking a few boxes before moving onto more important things. However, this is an extremely limited view and fails to consider the significant impacts safety can have on a company’s performance. For organisations that want to grow, taking a new look at safety is essential. From worker retention and recruitment to improved reputation and cost savings or even increased contracts, creating a culture of safety can have wide reaching effects. It can even be one of your greatest competitive advantages. Find out how below.