Digitalization, Occupational Safety

Why modern occupational safety is worth every penny

5 important reasons to get your 2022 budget ready now

5 minutes02/01/2021

Successful companies allocate a meaningful amount of their budget towards occupational health and safety. Here are 5 good reasons why it is both worth every penny and worth doing in 2022.

1. Top trend: Digitalization in occupational safety

Digitalization in occupational safety

10 Challenges of Digitalization for Occupational Safety

The enormous potential digitalization holds for occupational safety is often not fully realized. At the same time, the health risks of being able to work anywhere and anytime are often underestimated. By investing in the right knowledge and technologies, you can protect your employees and get your company ready to face the future. Find out more in our infographic.

 

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2. Occupational safety can be a lucrative investment

Occupational safety can be a lucrative investment

HSE & Sustainability Investment Case

You should view your occupational safety budget as an investment. With the help of financial indicators for your desired and actual scenarios, you can conduct a long-term cashflow analysis for the investment you are considering, taking the total net value of the project, the time needed for amortization and the expected percentual dividends into account. Learn more in our article.

 

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3. EHS Software: An all-in-one solution

EHS Software

How to chose the right EHS software

You don’t have to spend your budget on various one-off solutions for occupational safety. You don’t need multiple budget allocations to cover all the relevant expenditures of modern EHS management.

A software solution can bundle a variety of main focal points, such as accident reports, hazardous chemicals, audits or trainings and are composed of modules. Learn more in our webinar.

 

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4. Successful companies are paving the way

Siemens Schweiz AG, Empower and INEOS Köln are all showing why it is worthwhile to make a budget for occupational safety:

5. Safety Culture is key to success

You don’t need a safety manager – you need a safety culture

Amy Edmondson, Novartis Professor of Leadership at Harvard Business School, found that psychological safety is the single most important factor in building a productive team. The best basis for psychological safety is an organizational safety culture. To achieve this, depending on their size, companies need an adequate infrastructure, which is also correctly budgeted. Learn more about safety culture in our article.

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