Stakeholder expectations for health and safety (H&S) guarantees are rising dramatically, according to a recent ERM study. Over the previous three years, an overwhelming 94% of respondents reported having higher expectations, and 80% believed these demands would only increase. The study, which polled 250 H&S function leaders from a range of industries, The report also underscores the importance of addressing psychosocial risks, with 87% of participants marking it as a growing concern. Despite this, organizations are struggling to keep pace, with many only now beginning to develop strategies and policies to tackle these issues. The lingering effects of the COVID-19 pandemic, coupled with the shift towards remote work, have further complicated the H&S landscape. Increased senior leadership engagement and a better understanding of the business benefits associated with robust H&S strategies are seen as crucial to navigating these challenges and ensuring the psychological well-being of employees.
