What strategies did top-performing companies employ to manage these challenges effectively, and what insights can others learn from them?īCG's Global ESG, Compliance, and Risk Report 2023 delves into these questions. Some emerged strengthened and renewed, while others faltered. Technology, Media, and TelecommunicationsĬompanies-in particular, in industries outside the financial sector-navigated the risk management challenges of the COVID-19 pandemic and the Ukraine conflict with varied outcomes.Update your risk assessment record with any changes you make. there are changes in the workplace that could lead to new risks such as changes to:Īlso consider a review if your workers have spotted any problems or there have been any accidents or near misses.You must review the controls you have put in place to make sure they are working. Do not rely purely on paperwork as your main priority should be to control the risks in practice. To help you, we have a risk assessment template and examples. what you are doing to control the risks.the hazards (things that may cause harm).If you employ 5 or more people, you must record your significant findings, including. You can find more detailed guidance on controls relevant to your business. ![]() This means balancing the level of risk against the measures needed to control the real risk in terms of money, time or trouble. You're not expected to eliminate all risks but you need to do everything 'reasonably practicable' to protect people from harm. Put the controls you have identified in place. providing personal protective equipment and making sure workers wear it.identifying and implementing practical measures needed to work safely.organising your work to reduce exposure to the materials, machinery or process.replacing the materials, machinery or process.if not, how can I control the risks so that harm is unlikely?.can I get rid of the hazard altogether?.Look at what you're already doing, and the controls you already have in place. what further action you need to take to control the risks.what you're already doing to control the risks.Once you have identified the hazards, decide how likely it is that someone could be harmed and how serious it could be. Involve your employees as they will usually have good ideas. Some workers have particular requirements, for example young workers, migrant workers, new or expectant mothers and people with disabilities. Think about hazards to health, such as manual handling, use of chemicals and causes of work-related stress.įor each hazard, think about how employees, contractors, visitors or members of the public might be harmed. ![]() Take account of non-routine operations, such as maintenance, cleaning or changes in production cycles. Look back at your accident and ill health records as these can help you identify less obvious hazards. ![]()
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