London, 31.03.2020 - For many UK businesses this is a time of uncertainty; restaurants, pubs, and non-essential shops are closed. Nearly all of us are self-isolating and working from home. Yet for many businesses work still goes on, notably in the construction and manufacturing sectors - essential work which can hardly be done remotely. So how can businesses ensure continuity, while keeping the workforce safe?
Responsible investing is widely understood as the integration of environmental, social and governance (ESG) factors into investment processes and decision-making. ESG factors cover a wide spectrum of issues that traditionally are not part of financial analysis, yet may have financial relevance.’ Forbes, 2018
One of the most significant health & safety events of the last decade was the introduction of new sentencing guidelines by the HSE in February 2016. Between 2018 and 2019, 36 separate cases received fines of £500,000 or more, with the single largest fine totalling a staggering £3 million. In 2015 – the last full year without these new guidelines – the total monetary value of fines levied was relatively small, with only 5 cases at or above £500,000. Medium sized businesses, with a turnover between £10 - £50m, found themselves increasingly at risk from crippling fines. So how can these businesses protect their workforce?