Page 36 - ISosFoundation-FERMA-KPMG_Workers on the move 2017

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WORKERS ON THE MOVE: MANAGING NEW RISKS 2017
Pre-trip advices are sent via email by International SOS and employees are encouraged to read and acknowledge them. Employees should answer without delay in case Solvay has requested phone contact or check-in via the app.
Q6 What do you see as the principal consequences of travel risks to the business?
A. The key risk for us is the loss of key personnel. If we lost the CEO and CFO at the same time, it would have an impact on the business and share price. The same applies to groups from our business units. We have speci c measures to limit the number of employees taking the same ight, train or car.
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TIPS FOR PEERS
1.
Risk managers should look at travel safety management the same way they manage process safety, integrating all dimensions of safety information, hazard analysis, travel procedures, training, near misses and incident reporting, and management of change.
2.
Also, you can often nd a way around situations where security is not good. This is what we did in the two cases. We recommended strongly against travel to part of one North African country. Management moved the meeting to the capital city, and we were comfortable with that.