Unified Metrics Library - Work fatalities
Helper question
Unit
Description
This question directly relates to the "Social" pillar of ESG. It assesses the company's commitment to worker safety and well-being by measuring the frequency of workplace accidents. A high number of accidents indicates potential shortcomings in safety protocols, training, or risk management, raising concerns about worker welfare and potential legal liabilities.
Additional Considerations: - Comparison: Benchmarking the accident rate against industry standards or previous periods helps paint a clearer picture of the company's safety performance. - Root Cause Analysis: Understanding the causes of accidents is crucial for improvement. Reporting on implemented actions to address these causes demonstrates proactive efforts towards continuous improvement in safety culture.
By presenting this information comprehensively, the company demonstrates its commitment to employee safety and responsible business practices, contributing to a positive ESG evaluation.