Unified Metrics Library - Workplace accident prevention policies

Helper question

Did the company have a workplace accident prevention policy, during the period?

Summary

Workplace accident prevention policies are structured guidelines to prevent unplanned occurrences that result in injuries, illness, death, and loss of property and/or production at the workplace.

Unit

Boolean: Yes or No

Description

While some industries are keener on workplace accidents, every organisation needs to define its own risks related to workplace accidents and elaborate a policy to prevent such accidents before they happen. An unsafe work environment can lead to ethical and legal liabilities that may harm the organisation’s overall well-being and lifespan.

Regulatory Definition

According to the (EU) 2022/1288 of 6 April 2022, the metric is defined as "Share of investments in investee companies without a workplace accident prevention policy".

Sources

Commission Delegated Regulation (EU) 2022/1288 of 6 April 2022 supplementing Regulation (EU) 2019/2088 of the European Parliament and of the Council with regard to regulatory technical standards specifying the details of the content and presentation of the information in relation to the principle of do no significant harm . ANNEX I (Table 3, Additional indicators for social and employee, respect for human rights, anti-corruption and anti-bribery matters, Social and employee matters, Indicator 1

Examples

A workplace accident prevention policy is usually integrated with related ISO standards and external audits done by Occupational Health and Safety (OHS) professionals. It usually contains a company-specific risk assessment, defined performance indicators, OHS training provided to workers, etc. It can be integrated into management reports, sustainability statements and/or published separately.

Work-life balance policy

Cases of severe human rights issues and incidents