
@article{ref1,
title="Understanding the return on health, safety and environmental investments",
journal="Journal of safety research",
year="2005",
author="Linhard, Joanne B.",
volume="36",
number="3",
pages="257-260",
abstract="INTRODUCTION: Traditionally, health safety and environmental (HS & E) investments have been viewed as expensive but necessary. HS & E professionals had a difficult task of providing data showing that these investments can also contribute to business success. An ORC task force developed a way for traditional financial analysis methods to be applied to HS & E investments and decisions. METHOD: The result of the task force effort is the software called the ORC Return on Health, Safety and Environmental Investments (ROHSEI), a supporting tool to provide a comprehensive look at health, safety or environmental investment projects and their potential financial impacts. RESULTS: Since its development, more than 200 companies, government agencies, and educational institutions have been trained in the ROHSEI process and software. CONCLUSIONS: HS & E professionals who are able to evaluate and communicate the business value of health, safety and environmental efforts will improve understanding of the impacts HS & E projects and contribute to better decision making by their organizations.",
language="en",
issn="0022-4375",
doi="10.1016/j.jsr.2005.06.007",
url="http://dx.doi.org/10.1016/j.jsr.2005.06.007"
}