Safety Signs News

Price of getting process safety management wrong is 'extremely costly'

23rd November 2011 | Warning Signs

Posted by Ben Alexander

Companies that fail to deliver process safety management could face extremely costly consequences, an expert has indicated.

Safe operation and sustainable success for businesses with warning signs cannot be separated, as incidents in previous years have illustrated that factors such as capital costs, income and investment confidence can all be affected, according to a specialist from the Health and Safety Executive (HSE).

Ian Travers, head of Chemical Industries Strategy Unit, Hazardous Installations Directorate at the HSE, said: "Adoption of targeted and carefully prioritised leading and lagging indicators on process safety is essential in order to provide feedback to senior managers and business leaders on the effectiveness of their process safety control."

Recently, LetsRecycle.com reported that employees in the waste and recycling industry take nearly twice as many days off as a result of sickness in comparison to other sectors.

These figures were provided by the Health and Safety Laboratory.ADNFCR-2754-ID-801218815-ADNFCR

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