Non-financial reporting guidelines supported by IOSH
Tuesday 4th July 2017
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Many comments which the Institution submitted to the EC's public consultation are reflected in the guidelines, which will assist companies in complying with the requirements of the Non-Financial Reporting Directive.
Under the directive, certain organisations with more than 500 employees must disclose "relevant, useful information that is necessary to understand their development, performance, position and the impact of their activity".
There are several examples of disclosure in the guidelines which align with IOSH's comments, including:
• Health and safety at work and human capital management
• Health and safety policies and resources
• Improvement targets for reducing occupational accidents or diseases
• Hierarchy of control for hazardous substances
• Supply chain and sub-contracting management
• Operations and suppliers at significant risk of human rights violations
• General and sectoral material-KPIs
IOSH has also welcomed reference to the UN Guiding Principles on Business and Human Rights on due diligence, which it recommended for inclusion.
Richard Jones, Head of Policy and Public Affairs at IOSH, said: "IOSH believes that organisations, investors and society at large will benefit from greater corporate transparency, which can help drive stronger long-term performance and sustainability.
"Investors and others are increasingly interested in non-financial information to improve their understanding of organisations' performance.
"IOSH fully supports the aim of enhancing consistency and comparability of non-financial disclosures across Europe (and particularly the health and safety content), in order to raise standards and incentivise improved performance."
Richard added that IOSH is working to help ensure transparency on health and safety risk management performance across operations and supply chains.
He said: "We advocate the use of meaningful and comparable data; standardised health and safety reporting metrics; and that significant health and safety risk management data is externally verified and presented in a combined or integrated report.
"IOSH has been championing important health and safety issues as 'material' since 2003 and are keen to work with European institutions and others to improve performance reporting and supply chain management and embed health and safety within the CSR and sustainability agendas."
For more information on IOSH's work in this area, click here.
NTTL 200 - organisations working together to beat occupational cancer - was organised to mark the No Time to Lose campaign gaining 200 supporters worldwide, of which 100 have taken their support even further by pledging to prevent work cancer through designing and implementing new strategies.
Speakers from an array of industries share their knowledge and experience at IOSH 2017. The conference, which has a theme of ‘transforming health and safety across the world’, is aimed at people from a variety of backgrounds, not just health and safety professionals.Ahead of the conference, IOSH spoke with some of those speakers, asking them why people should attend.
With the deadline approaching for nominations for two VP vacancies, Craig Foyle is encouraging members to come forward.Two successful candidates will be appointed to the roles at the AGM in November and will have the chance to represent IOSH at events around the world over their three-year term.They will join the Presidential team, which includes four existing VPs, the President, Immediate Past President and President Elect.
There were 1,472 visits made to the stand at the event – well in excess of previous years – with information on career development, IOSH training courses, volunteering opportunities and the upcoming ISO 45001 standard on offer. Also available were details on WORK 2022, IOSH’s new strategy, and the latest from the No Time to Lose occupational cancer campaign.
You can do so here. For information, please also visit this link to read what IOSH has sent.Shelley Frost, Executive Director – Policy for IOSH, said: “This is an important opportunity for IOSH and its members to help influence the areas that this Public Inquiry into the Grenfell Tower fire will examine and make recommendations on.
No Time to Lose, run by the Institution of Occupational Safety and Health (IOSH), has attracted backing from a wide cross-section of industries. This support has led to the risks of exposure to cancer-causing agents in workplaces – and many ways these can be controlled – being highlighted to employees around the world.The 200th organisation to register its support was the University of Liverpool.