I use a paracord lanyard for my E.D.C. ring. But its to keep it attached to my belt. It is long enough to double as a neck loop.
I also carry a small tin around with me. Altoids as it happens. I picked it because it's just the right size to slip in a pocket and forget about. Full sized tins are too intrusive for E.D.C. use. I do not call it a "survival kit." I prefer to refer to it as my "ready use" tin. I use and replace bit's out of it on a regular basis. Think of a hollow handled knife kit on steroids.

Contents:
Plasters (various) x 10.
Tinder-Quick tab's x 8. *
Swedish Match Company long burn matches X 10*
Striker x 2
B.C.B Lifeboat matches X 3.
Asprin and Ibuprfen X 10.*
4' duct tape (rolled).
Safety pins X 9.
Fishing hooks x 12.
Split shot, various sizes X 12.
Braided wire leader X 1.
Snelled hooks X 2.
Needles X 3.
Cord X 6'.
Sewing tread X 15'.
Scalpel blade X 3.
MP-1 Tablets X 8.
* = in 3" plasic baggies for easy handling.
Hooks, neddles etc are in a platic tube out of a R.S.K.
I also have 3 more bit's of tinder crammed into odd corners.

I don't have a compass in there because I have one on my watch and one on my E.D.C. Ring.