Supermarkets have worst safety record in ASX100: Citi report

 In Australia, Coles, Metcash/IGA, NewZealand, Woolworths
Australia’s big three supermarket chains are recording some of the worst injury rates among the country’s top 100 listed companies, new research shows.
A Citi report released on Monday shows Metcash, which supplies IGA supermarkets, has the worst safety record of ASX100 companies based on how often they record injuries that result in lost time (known as LTIFR).
The supplier to more than 2000 independent supermarkets reported a rate of 14.1 injuries that resulted in time away from the workplace for every million hours worked. Although this was the worst result amongst listed companies it was an improvement on the previous year’s rate of 16.3.
Citi looked at ASX100 companies, of which 94 reported injury data, 84 using the LTIFR system.
The report, Safety Spotlight: ASX100 Companies & More, also looked at 32 companies’ remuneration plans and found Metcash was one of only four that did not list safety as a criterion for the assessment of its CEO’s remuneration.
This claim was disputed by a Metcash spokesman who said a KPI to improve safety had been in place for the company’s CEO and all senior executives for the past two years.
Woolworths ranked second worst based on LTIFR data (10.4), followed by Qantas (8.9) and then Coles owner Wesfarmers (7.6).  Sydney Morning Herald – Read more…

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