Currently there is a lack of standardised and accepted indicators to measure the work health and safety performance of organisations and businesses at the organisational level. Work health and safety information can and is being reported on a voluntary basis, however reporting is often selective and inconsistent. This hinders comparisons of work health and safety performance and due diligence reporting over time and across organisations.
This paper is the fourth and final in a series of research papers on the Role of Accounting in Work Health and Safety Governance. The work is informing a broader three staged policy development project taking place over three years. The aim of the project is to develop a standardised set of indicators businesses can use in annual reports as well as guidelines for the development of lead and lag indicators relevant to the size and nature of the business.
Stage one involves developing a draft set of external and internal indicators to improve organisational level work health and safety reporting and to help Officers meet their due diligence obligations under the model Work Health and Safety Act. Stage two involves testing of the work health and safety indicators and guidelines. Stage three will involve a review of the research outcomes, which will be used to develop policy options for the consistent use of standardised work health and safety indicators and guidelines.