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Duty of Care - Corporate Responsibility and Beyond

The words “corporate duty of care” sound so, well, corporate and management-ese that it’s all too tempting to yawn, tick the box and move to the next task. But what could be more important to any company than the welfare of its people? It is cavalier to treat this increasingly serious area as a mere tick box exercise. Any company not having a proper duty of care strategy in place is risking potential human and financial catastrophe. Risk management used to exist only in those companies that engaged in businesses with inherent dangers such as mining or in geopolitically volatile areas of the world such as the oil and gas sector. But risk no longer respects traditional economic, political and social boundaries...