Guide · 1 page

What Is the Business Case for Safety?

Does risk management provide a measurable return?

Workplace injuries cost Canada an estimated $29.4 billion in 2018. This one-page summary sets out the business case for safety: fewer losses on one side and, on the other, case study gains of 66% in productivity and 44% in quality, with mature risk management systems linked to company valuations up to 25% higher.

Page 1 of the PDF

  • What workplace injuries cost Canada: an estimated $29.4 billion in 2018.
  • Research on 18 case studies of workplace safety initiatives: average gains of 82% in safety performance, 66% in productivity, 44% in quality and 71% in cost benefits.
  • Companies with mature risk management systems valued as much as 25% higher, and only 3.4% of organizations with mature processes.

Who should read it?

Executives, finance leaders and anyone asked to justify a safety budget.