Media Release 5 February 2014

GLOBAL SAFETY INDEX: WORLDS FIRST BENCHMARK FOR ORGANISATIONAL SAFETY PERFORMANCE
Australian company, Global Safety Index (GSI) is the first business in the world to offer companies and organisations a global benchmarking service on their safety performance. Looking at lead and lag indicators as well as Safety Culture and Safety Leadership, GSI allows organisations to benchmark their safety performance against industry performance and other leading organisations globally. We came up with the idea for Global Safety Index when we realised that globally there was no readily accessible safety benchmark that enabled organisations to determine how they are currently performing internally and then compare this externally to high performance organisations, said Ben Wilson, Managing Director of GSI. Founded in 2013, GSI has quickly become the go-to place for organisations looking to understand their safety cultural strengths and weaknesses and profile for focused cultural improvement. The company also works with its members to build the measurement of Safety Culture into their Risk Management Audits, helping them move along the curve of compliance to a stronger emphasis on culture and leadership. Profiling employees safety leadership capability allows businesses to plan and prioritise resource allocation and deliver a targeted skills and capability improvement approach to areas most needed, explained Mr Wilson. With the first global tool that assesses and measures Safety Leadership, whilst contrasting this against an organisations safety culture and current safety output performance, the Global Safety Index membership and support is rapidly expanding with leading Australian & Global organisations such as Siemens Limited, Woolworths, Coles Logistics, and Westpac as early adopters. The company recently released its report 2013 Key Industry Insights & Outlook For 2014 in which more than 4,700 participants from four different industries utilising Global Safety Index were surveyed. All participants were located in Australia and came from the manufacturing, logistics, business services and utilities sectors. Among the key findings was the need for a better and more holistic measure of safety performance that includes safety culture and safety capability. The report also suggested that companies still need to do more work on embedding safety into their work environments and particularly their reward and recognition systems. The release of the report coincided with another report by Citi Research in January 2014 which showed that out of 117 companies, only 78 reported injury metrics. While the Citi report reiterates our findings that organisations can do more to improve their safety performance, we do believe that we will see a big shift in 2014. We expect that executive teams will begin to ask for real time data that accurately reflects not only current performance, but also indicates the climate within an organisation which can be measured and then used in performance improvement strategies going forward, said Mr Wilson.

About Global Safety Index Global Safety Index is a Safety Benchmarking business. The Company offers a Global Benchmarking service on both lead and lag indicators as well as two indices measuring both the Safety Culture and Safety Leadership Competency of a business, its divisions and individual leaders. Global Safety Indexs output provides data and insights for its Members to build into their safety strategies and action plans. The Company also works with its Members to build the measurement of Safety Culture into their Risk Management Audits to assist business move along the curve of compliance to a stronger emphasis on culture and leadership. Some of the Companys current Members include: Westpac, Coles Logistics and Woolworths, Siemens, SP Ausnet, Snowy Hydro, Powerlink and West Coast Energy, Transpacific and Citiwide Service Solutions as well as Murray Goulburn in the Manufacturing sector. For more information please visit: www.globalsafetyindex.com For further information please contact: Rod North, Managing Director, Bourse Communications Pty Ltd T: (03) 9510 8309 M: 0408 670 706 E: rod@boursecommunications.com.au