Crisis preparation and management standards are falling short in almost a third of businesses, a Chemtrec global study reveals
The study asked respondents from organizations across the chemical industry anonymously to rank their organization’s emergency preparedness levels.
The survey shows that almost a third of businesses (28%) under-prioritize their chemical emergency response and crisis management, with 63% being coordinated by management or department teams rather than at a C-suite level (19%) and less than 3% of organizations employ a full-time crisis management professional.
In ranking their organization’s preparedness for a crisis out of 10, where 10 is the most prepared, 17% gave their companies a score of five or lower.
Amidst a series of environmental crises such as the Colonial Pipeline spill, the biggest in the last decade, which resulted in a pipeline shutdown and subsequent gas shortages across several US states, emergency preparedness and crisis management is coming under greater scrutiny.
Chemtrec surveyed crisis leaders across their broad customer base, including chemical producers, logistics partners and end users, to determine the level of crisis readiness globally.
The company particularly wanted to identify the level of coordination between business continuity and crisis management systems.
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