Introduction

Whether you have an EHS team for compliance management or not, if you have your own business, the law requires you to follow certain rules and regulations that protect the environment and the health and safety of your employees and community members. 

Your business may be at risk of one or more compliance breaches if it does not keep up with the laws and ensure employee safety and environmental consciousness by taking actions, conducting required activities, putting specific prohibitions in place, or issuing certain directives.

Our advice: Don’t take EHS compliance lightly. 

The repercussions of breaking laws and not keeping up with compliances can come with a huge cost and ethical burden. Let us give you three examples to help you understand the scope of disaster when your business doesn’t place importance on compliance: 

> The 1984 Bhopal Gas Leak, in which 45 tons of deadly gas were discharged, killed countless people. 

> Eleven people were killed instantaneously and 17 injured in the 2010 explosion of BP 

Deepwater Horizon and the resulting oil leak was the largest ever. 

> The 2018 Camp Fire claimed the lives of 85 individuals and burned over 153,000 acres of land due to defective equipment. 

While these disasters grab headlines, understand that even losing a limb or finger at the place of employment is a cause for alarm and can not only cost a lot in terms of dollars but also your reputation. 

Now in terms of financials, the cost of compliance is mammoth. On average, a non-compliance incident costs businesses more than $4 million in lost income, and the price of noncompliance has spiked 45% since 2011.

What if we tell you that simply by monitoring and accurate bookkeeping you can keep your business safe from the penalties and repercussions? In fact, research shows that businesses may save an average of: 

> $1.03 million annually by keeping an eye on changing regulations. 

> $1.08 million by reporting on executive and board levels.

> $1.43 million by using technology to stay on top of compliance. 

We understand that in this day and age, keeping up with compliance and regulatory changes can be difficult. There’s a distinct need for an adaptive and innovative tech solution that can streamline compliance management by supporting organization-wide monitoring, reporting, and amplifying compliance activities. 

This is where SafetyAmp, comes in, our industry-leading mobile safety platform that’s been at the forefront of reconfigurable technology. We provide businesses with a revolutionary approach to managing EHS compliance and enhancing their safety program. Let’s see how!