Canadian firm scoops award for "sound risk management"

Firm's unique approach to occupational health and safety has been recognized

Canadian firm scoops award for "sound risk management"

Risk Management News

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Real estate company Morguard has been recognized for the fifth consecutive year as one of Canada’s Safest Employers in the Retail and Services category by Canadian Occupational Safety.

The company manages over three million work hours annually across more than 300 commercial and development projects in Canada.

According to a release, Morguard owes the success of its occupational health and safety strategy to its “unique approach to developing processes in-house, which incorporates an organizational focus on employee empowerment and accountability as core values.”

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Morguard’s strategy included the following initiatives:
  • Providing employee training and maintaining communication across the entire organization about occupational health and safety (more than 1,000 employees completed close to 7,200 hours of training in 2016)
  • Centralizing Occupational Health and Safety oversight within the Risk Management function and leveraging best practices across locations nationwide
  • Developing programs internally to allow for a greater level of control and customization per stakeholder, and to create clear lines of responsibility
  • Encouraging active employee and tenant participation through inclusive program planning, implementation and measurement
  • Identifying potential hazards and working collaboratively on solutions and risk mitigation
“Morguard recognizes the value a strong occupational health and safety culture brings to our business, employees, and stakeholders,” remarked Morguard Corporation chairman and CEO K. Rai Sahi. “Sound risk management is the bedrock of Morguard’s operating principles for obvious reasons including business continuity and liability reduction. Moreover, it is fundamental to keeping our people healthy and safe, which is of the upmost importance.”

“Empowering employees across Canada to be responsible for health and safety is integral to upholding our reputation while keeping both employees and tenants safe in Morguard properties,” added Sahi. “Morguard’s focus on empowerment and accountability contribute to reduced business costs and service disruptions, in addition to improving employee retention and lowering rates of absenteeism – which is good for both our people and our business.”


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