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When devising a Health and Safety Policy, key factors to consider include the specific risks associated with the workplace environment, the legal and regulatory requirements applicable to the industry, and the needs of employees, including training and support. It's also important to involve stakeholders in the development process to ensure comprehensive input and buy-in. Additionally, the policy should outline clear procedures for reporting incidents and managing emergencies, as well as mechanisms for regular review and updates to reflect changing conditions or regulations.

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