Sustainable Environment, Health and Safety as Competitive Differentiator
Overview The opportunities and risks associated with environment, health and safety (EHS) and sustainability issues are on the rise. Regulators have sharpened their focus and organizations must work harder than ever to protect their brand and reputation. But the challenge imposed by increased scrutiny also presents and opportunity. Leading organizations have learned that proactive EHS management and sustainability programs can help drive compliance and reduce risk. Integrating EHS and sustainability management into the business operating system creating a single source of operating instructions and procedures for all company processes across facilities, regions and the entire organization lays the foundation for compliance, consistency and continuous improvement. Linking EHS and sustainability to corporate processes ties these objectives to those of the business and drives progress in achieving those objectives. It also allows that progress to be quantified: improvement goals and nonconformance can be monitored, and corrective actions and risk reduction can be tracked, measured and reported. The result is an organization that delivers goods or services in an environmentally sustainable and safe manner that is consistent and standardized. As the costs of noncompliance have grown in line of economic and regulatory uncertainty, leading organizations are realizing that the best EHS management system is one that is integrated into the business as a whole.
Recognizing high value Sustainability programs typically focus on the three bottom lines of economic, environmental and social indicators. Most EHS programs already focus on the environmental and safety/social aspects of sustainability. Leading EHS and sustainability programs highlight the economic benefits of sustainability. Well-designed EHS and sustainability programs benefit organizations in three key ways: Increase margins. A robust program positions an organization to increase revenue by helping enhance it reputation with customers, the public and other key stakeholders. In creating an atmosphere of improved employee morale, it also makes it easier for companies to recruit and retain top talent and put themselves in a better position to win in the marketplace. Save on costs. Leading EHS and sustainability programs help companies reduce their use of raw materials, decrease the waste per unit of production and reduce their energy use all of which can lead to significant savings. In addition, effective programs reduce the cost of compliance, including the resulting insurance costs, and reduce the likelihood of accidents. Finally, a well-designed EHS management system, as a sign of a corporate culture committed to compliance, may help mitigate penalties in the event of an EHS accident or incident. Risk Management. In identifying and resolving EHS sustainability issues, a well-designed program improves regulatory compliance at a time of increasing scrutiny; it helps prevent disruptions in the supply chain; and while zero accidents or incidents is always a priority, should an incident occur, it helps organizations mitigate the Downside with customers and regulators. Such programs also help protect employees and can be instrumental in building better employee relations and morale.
How we can help 360factors Information Security Risk Management Solutions Streamline all EHS compliance aspects with a sustainable and reliable software. We assist clients with managing EHS and sustainability risks; identifying and generating cost savings; and implementing process improvements. Our advisers and experts use Predict360, a regulatory risk and compliance software to streamline advisory services as a competitive differentiator. It vertically integrates all modules which allows organizations to manage their environmental health and safety regulatory compliance programs based on federal and state regulations through a single platform. Compliance automation. A cloud-based regulatory risk and compliance management software platform and advisory services deigned to make healthcare organizations make their OSHA, NFPA, IAEA, API, IP and ASME risk initiatives more effective and efficient through a simple yet effective regulatory risk and change management model and methodology. Health and safety. We provide management system assessments of health and safety programs as well as process safety management (PSM) assessments. Environment. Environmental programs and management systems; waste reductions assessments; and energy management systems. Drive high performance. Enables the organization to operate efficiently through highly configurable workflow management, audit processes, inspection, risk management, incident tracking and CAPA.
Learn how Predict360 can transform your compliance management process. Call 866-385-2341 today. Schedule a FREE TRIAL and DEMO online at www.360factors.com Headquarters 1380 Burnet Road, Suite 100 Austin, Texas Global Offices Canada Pakistan Philippines Connect with us and stay in touch Bobby O Neal Director of Sales T: 512-773-3364 E: bobby.oneal@360factors.com Sajjad Gul Director of Business Development T: 512-904-3127 E: sajjad.gul@360factors.com Rosanna Lyn Director for Product Management T: 512-539-2749 E: rosanna.lyn@360factors.com Operational Excellence. Sustainability. Increased Margins. 360factors is a cloud-based Regulatory Risk and Compliance Management Software Company specializing in Oil & Gas, Power & Utilities and Banking & Financial Services industries. 360factors platform, Predict360, uses unique mapping and cognitive technology to provide regulatory insight, predict risks and increase sustainability and margins. Predict360 helps break down silos and overlapping costs through multiple tools to improve operational excellence, visibility to risk and quality data that executives can use to make decisions in a timely manner. Additionally, it provides functional compliance managers with an out-of-the-box solution with industry-specific regulations or standards, workflows and policy & procedure templates so they can perform the day-to-day regulatory and operational risk and compliance tasks at a functional level.