Patricio Estevez, Director, Environment, Health and Safety, EY Australia
Sophie Taylor-Price, Senior Manager, Health and Safety, EY Australia
Many organisations are struggling to gain comfort in existing approaches to manage health, safety and wellbeing risks, with our own research finding that <20% of those surveyed indicated they were ‘always confident’ that their HSW data provided an accurate understanding of HSW performance. In addition, health and safety was identified as the top risk and area of concerns for Director’s and Officers’ within the Willis Towers Watson Global Directors’ and Officers’ Survey Report 2024. Clearly, something isn’t right.
Underpinning this discomfort is uncertainty about whether the HSW information provided to Boards and Officers effectively tells the whole story about how well HSW risks are being managed. Addressing this uncertainty requires a dynamic approach to HSW governance, one that is focused on ensuring the right information gets to the right people at the right time and enable more effective decision making.
Key Takeaways
- Learn why fewer than 20% of organizations are consistently confident in the accuracy of their HSW data and how this lack of confidence impacts decision-making and risk management.
- Explore insights from the Willis Towers Watson Global Directors’ and Officers’ Survey Report 2024, which highlights health and safety as the top risk for directors and officers, and understand why existing approaches may not meet leadership expectations.
- Discover how implementing a dynamic approach to HSW governance can improve the flow of accurate, actionable information to the right people at the right time, ultimately enabling more effective management of HSW risks and better-informed decisions at the board level.
