It used to be environment, health & safety (EHS) compliance issues that drove the big software selection projects… air emissions calculations and emissions inventories, wastewater discharge monitoring reports (DMRs), annual toxic release inventory (TRI) reports, and other three-letter acronyms (TLAs). Lots of different EHS compliance programs use the same information, but in different ways, creating a data management and reporting challenge.
Then came governance, risk and compliance (GRC)… many organizations struggled to bring EHS within the sphere of GRC, instead believing that GRC was all about financial issues following Sarbanes-Oxley (SOX) legislation, or risk management following high-profile industrial incidents and accidents.
However, many of these organizations and others see the value in identifying and managing risks–having a strong risk culture has an upside.
In a recent LNS Research post, “Why Risk Management Dominates EHS Priorities,” Paul Leavoy says that
Increasingly, manufacturers are embedding risk management approaches into their EHS programs, particularly from a technological perspective… they are trying to embed risk management into EHS software.
Read the blog post here.