Convincing senior management to invest in safety initiatives can be an uphill battle, especially when the initiative isn’t specifically required by law. Of course, demonstrating that the initiative will cut costs and/or boost revenues is a great way to sell it to the business people who control the purse strings. But doing so is easier said than done. So how can you demonstrate that a safety initiative will have a positive effect on your company’s bottom line? One possibility is to use Total Cost Assessment (TCA), an accounting method that’s designed to measure the true profitability of EHS investments. Although TCA […]