November 2004

Trends and Resources

HP Impact: Managing risks: Improve link between Seveso II and business performance

The HPI can use the process of compliance with the Seveso II directive as a stimulant to improve not only its safety and environmental performance, but also its business performance, says Graham Benne..

Weirauch, Wendy, Hydrocarbon Processing Staff

The HPI can use the process of compliance with the Seveso II directive as a stimulant to improve not only its safety and environmental performance, but also its business performance, says Graham Bennett of UK-based DNV Consulting. Over the years, numerous studies assessing the business benefits of safety cases and of general safety initiatives have illustrated that significant savings can be achieved in reducing losses by more effectively managing safety. However, it should also be appreciated that the risk assessment processes that underpin the safety report, if applied with an eye beyond pure compliance, can also deliver significant business opportunities. Controlling loss.

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