Information about occupational health and safety in non-financial reporting of corporations

Abstract

Importance: making informed economic decisions by stakeholders involves using, along with financial information, non-financial information generated on the basis of international and domestic standards. One of the current areas of non-financial social reporting is information about the corporation’s provision of labor protection and safety measures for employees. Purpose: to study the directions of disclosure of information about the activities of the corporation in public non-financial reporting in terms of occupational health and safety based on the use of international and domestic legal and regulatory acts. Research design: the development of corporate social responsibility is based on the application of international and Russian standards, including occupational health and safety issues, in particular GOST R ISO 26000 – 2012 «Guide to Social Responsibility», GOST R 54934 – 2012/ONSAS 18001: 2007 «Occupational safety and health management systems». The preparation and presentation of nonfinancial reporting ensures the disclosure to stakeholders of information about the management system and risk assessment of occupational health and safety, the organization of the occupational health service, the participation of workers in resolving occupational safety issues, ensuring a healthy working environment, industrial injuries and occupational diseases of corporate employees. Results: the directions for generating information for the preparation of management and public non-financial reporting are substantiated, allowing stakeholders to assess and make informed economic decisions on the organization of occupational health and safety of the corporation, ensuring the sustainable development of the corporation.