SAFETY AND RISK MANAGEMENT

Large-scale production is always fraught with the risk of emergencies that could endanger people’s lives and health, have damaging environmental impacts, or damage the company’s assets or reputation. Minimising risks at LLC Investekoproekt is made possible through an effective risk management system.

SAFETY FRAMEWORK

LLC Investekoproekt began transforming the Company’s occupational safety system in 2018, adopting a risk-based approach.

The Company has identified 31 potentially catastrophic scenarios — to be avoided as an absolute priority — for managing key occupational safety risks. Cause-and-effect models have been developed for these scenarios, indicating the connecting factors between the preconditions for potential incidents, their likely consequences, and the most effective barriers for minimising the likelihood of these arising, or mitigating the consequences thereof.

A company-wide Safety Framework has been put in place throughout all LLC Investekoproekt assets to implement these barriers

. Quality and standards in the actual deployment of these throughout Company facilities are verified under independent inspections.

The outcomes of deploying these barriers are displayed on a standard, company-wide dashboard, allowing management at all levels to undertake objective assessments of the safety situation at specific facilities, and monitor the mitigation of key risks.