According to Professor Andrew Woods of the BP Institute at Cambridge University, many organizations in the Energy Industries have been 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐛𝐞𝐥𝐨𝐰 𝐭𝐡𝐞 𝐠𝐞𝐧𝐞𝐫𝐚𝐥𝐥𝐲 𝐭𝐨𝐥𝐞𝐫𝐚𝐛𝐥𝐞 𝐥𝐞𝐯𝐞𝐥𝐬 𝐨𝐟 𝐬𝐚𝐟𝐞𝐭𝐲 𝐫𝐢𝐬𝐤 𝐨𝐟 𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐢𝐧 𝐜𝐨𝐧𝐟𝐢𝐧𝐞𝐝 𝐬𝐩𝐚𝐜𝐞𝐬. Stakeholders, board directors and insurers may not be aware of the level of safety required by the regulators. They believe that the latest procedures and equipment are being used by their managers to mitigate or eliminate risks.
Boards should set specific targets for risk so that management who carry out risk assessments know what the target is and take appropriate actions to meet or better these targets in order to protect life, corporate reputation, and value.
Read our white paper to find out more on how our solution can empower organizations to take the necessary steps in improving the safety conditions and practices of not only confined spaces but across all activities and levels via measurable metrics that can be accessible in real time.