What does “risk mitigation” refer to?

Risk mitigation refers to strategies and measures specifically designed to reduce the impact or likelihood of hazards that could cause harm or damage. The focus of risk mitigation is to identify potential risks and implement plans or actions to lessen those risks, thereby preventing incidents or minimizing their effects.

For example, in a workplace setting, this could involve implementing safety protocols, utilizing protective equipment, conducting regular safety training, and ensuring proper maintenance of machinery. By effectively addressing and controlling risks, organizations can create a safer environment for employees and stakeholders, leading to better overall safety outcomes.

The other options touch on workplace aspects, but they do not specifically address the concept of risk mitigation. Increasing workplace productivity, enhancing employee engagement, and emergency evacuation procedures serve different purposes and objectives in the realm of workplace safety and management, making them less relevant to the direct goal of reducing hazards and associated risks.