ISO 45003: Psychosocial Hazard Management Regulation Will Accelerate Digital Solution Adoption

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Executive Summary

Despite universal recognition of the importance of employee mental health, HR functions, EHS teams and senior executives have been tasked with implementing wellbeing strategies without the guidance of a globally recognized standard. Since 2019, the International Organization for Standardization (ISO) has been developing 45003, the first global standard providing guidelines for managing psychosocial risk. This report aims to provide EHS and HR executives with insight into the purpose and implications of ISO 45003 as well as an understanding of the role of digital technology in facilitating mental health management. The term ‘psychosocial risk’ refers to risk factors that affect workers' psychological responses to their work and workplace conditions, such as high workloads and stringent deadlines.

Table of contents

ISO 45003: Psychosocial Hazard Management Regulation Will Accelerate Digital Solution Adoption 
Escalating Demand For Corporate Mental Health Solutions Necessitates Formal Guidance
Compliance With ISO 45003 Will Aid Firms In Meeting The ISO 45001 Standard And Enhance ESG Initiatives
Digital Solutions Can Elevate Wellbeing Management By Providing Data-Based Insights

Table of figures

Figure 1. ISO 45003 Publication Process  
Figure 2. Diverse Landscape Of Digital Wellbeing Solutions 

About the authors

Christopher Sayers

Analyst

Chris is a Technology Analyst in the Verdantix EHS practice. His current research agenda focuses on digital mental health and wellbeing solutions. Chris joined Verdantix in 2020 and has previous experience at EY, where he specialised in robotic process automation (RPA). He holds an M.Eng. in Engineering Science from Oxford University with a concentration in machine learning and machine vision.

Bill Pennington

Research Director, Environment, Health & Safety

Bill leads the Verdantix Environment, Health & Safety practice. His current agenda focuses on EHS and sustainability services, product stewardship as well as benchmarking EHS technology buyer’s budgets, priorities and preferences globally. Bill comes from a background of corporate EHS roles in the manufacturing and logistics industries. He holds an MBS degree in sustainability from the Rutgers University.

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