There are differing legal requirements for your organisation regarding health and safety, depending on what industry you operating in and the location you operate from. We suggest you contact your lawyer or your local industry association and ask what legal requirements must be met
You need to think about your business and what are your critical risks.
Many organisations have the impression that they are required to record their health and safety efforts on paper. While this may be beneficial to some organisation, it is not actually a requirement, and other practices could work just as good, if not better.