Key Benefits of ISO 45001 Certification

ISO 45001 is an international standard for occupational health and safety (OH&S) management systems.  ISO 45001 provides a recognized framework for organizations to improve employee safety, reduce workplace risks, and create better, safer working conditions.  The current ISO 45001 standard was published by the International Organization for Standardization (ISO) in March 2018, replacing the previous standard, OHSAS 18001.

There are many benefits to your organization when you implement and earn the ISO 45001 certification.

Enhanced Employee Safety and Well-Being – Implementing ISO 45001 will help your organization create a safer work environment, reducing the risk of workplace accidents and injuries.  According to the International Labor Organization (ILO), there are approximately 2.78 million work-related deaths globally each year.  ISO 45001 aims to reduce these incidents through effective safety management.

Legal Compliance – ISO 45001 will support your organization in meeting legal and regulatory requirements related to occupational health and safety.  For instance, BP, after adopting ISO 45001, reported improved compliance with health and safety regulations, leading to a significant reduction in fines and legal issues.

Improved Operational Efficiency – By identifying and mitigating risks, your organization can reduce downtime and improve overall productivity.  For example, Honeywell implemented ISO 45001 and reported a 25% decrease in incident rates, which directly contributed to enhanced operational efficiency and lower costs associated with accidents.

Increased Reputation and Trust – Achieving ISO 45001 certification demonstrates your organization’s commitment to health and safety, enhancing its organization’s reputation among customers, stakeholders, and regulatory bodies.  For instance, Siemens, which has achieved ISO 45001 certification across multiple sites, reported a 15% increase in customer trust and satisfaction due to their enhanced safety protocols.

Continuous Improvement – ISO 45001 promotes a culture of continuous improvement in occupational health and safety management.  Nestlé has utilized the framework to regularly evaluate its safety processes, resulting in a 20% reduction in workplace accidents over three years.

Competitive Advantage – Earning ISO 45001 Certification can differentiate your organization in the marketplace.  For example, Schneider Electric leverages its ISO 45001 certification as a key selling point, enhancing its competitive edge in the energy management sector.

Employee Retention – A safe work environment leads to higher employee satisfaction and retention rates.  Take Accenture, which found that companies with certified health and safety management systems have 40% lower turnover rates.

Financial Savings – Reducing workplace incidents can lead to significant cost savings.  A study by the National Safety Council indicates that businesses can save an average of $4 for every $1 invested in workplace safety.

Stakeholder Confidence – Investors, partners, employees, especially those from Gen Y and Gen Z, are increasingly looking for organizations that prioritize health and safety.  ISO 45001 Certification can enhance stakeholder confidence, as demonstrated by Coca-Cola, which reported improved investor relations after implementing the standard.

ISO 45001 offers a comprehensive framework for managing occupational health and safety effectively.  By implementing this standard, your organization will ensure compliance with legal requirements, as well as foster a culture of safety and well-being.  Achieving ISO 45001 certification can lead to numerous benefits, including improved employee morale, operational efficiency, and a stronger reputation.  

 

Speak to IBEC Experts to Guide You in Obtaining ISO 45001 and Other Certifications.