Why is process safety important?

Introduction

Across various industries, operational processes entail a broad spectrum of hazards. These hazards encompass risks leading to worker injuries, technology-related incidents and danger associated with handling substances. While statistical data may suggest that many modern industries maintain relatively high safety standards, the potential for serious industrial accidents with catastrophic consequences persists. From accident statistics in the chemical industry, which have been conducted since 1957, it follows that total and average economic losses per accident, are constantly increasing. Despite the constant trend of improvement of safety in the industry, the recorded losses double every ten years. It should be emphasized here that this increase is mainly due to industry growth and the use of more expensive technology.

Why process safety is so important

Neglecting process safety can have severe consequences for human life, the environment, and the financial health of businesses. This makes process safety an essential pillar of industrial operations, ensuring that companies that handle hazardous materials prevent major incidents such as fires, explosions, and chemical leaks. The key reasons why process safety is so important include:

Human safety: Process safety measures are crucial in preventing accidents that could result in injuries or fatalities among workers and the surrounding communities.

Protecting the environment: By preventing releases of toxic substances, process safety helps protect the environment from disasters such as chemical spills, releases of hazardous materials, and contamination of air, water, and soil. These incidents can have long-lasting ecological impacts, harming ecosystems and endangering wildlife.

Asset protection: Accidents and equipment failures can disrupt production, causing downtime, loss of revenue, and damage to equipment and infrastructure. The costs associated with accidents, clean-up efforts, legal fees, regulatory penalties, and compensation for victims can be substantial and may threaten the financial viability of the organisation.

Regulatory compliance: Adhering to process safety protocols ensures compliance with government regulations, helping to avoid fines and legal action.

Corporate reputation: A strong track record in process safety enhances a company's reputation, earning trust from customers, investors, and the public.

Operational continuity: By avoiding disruptions caused by accidents, companies ensure a smooth and continuous operation, which is vital for profitability.

Employee morale and retention: Employees are more likely to feel valued and motivated in a workplace where their safety is prioritised. Neglecting process safety can lead to decreased morale, increased turnover rates, and difficulties attracting top talent, as workers may perceive the company as unsafe and unresponsive to their well-being.

Community relations: Accidents in industrial areas can affect nearby communities, highlighting the importance of prioritising process safety and engaging in proactive communication with local residents and stakeholders to maintain strong relationships.

Conclusion

In conclusion, prioritising process safety transcends mere regulatory requirements or risk mitigation strategies. It is about creating a culture that values safety, quality, and sustainability at every level. Investing in safety from the start of any business activity not only protects operations and workers from accidents but also reduces losses if accidents do occur, ultimately leading to economic benefits.