Material Topic: E2 Pollution
Material Sub-Topic E2 (Entity-Specific): Process Safety
Reduce pollution-related incidents and safety risks by implementing effective hazard and process safety management
Relevant SDG:
SDG target:
3.9By 2030, substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water, and soil pollution and contamination.
Process safety management comprises the systematic application of standardized instructions, practices, and specifications to achieve and maintain safe and reliable production. The fundamental components of this include our organization, resources, management processes, people and equipment performance, the prevailing safety culture, and documented regulations and practices. It covers the management of hazards associated with the chemical and physical properties of the substances we handle in our oil, gas, and chemical activities. OMV and Borealis process large quantities of flammable and/or toxic materials at high pressures and temperatures and, if not properly handled, they could potentially cause serious process safety incidents. In a worst-case scenario, leaks, fires, or explosions could also cause fatalities. Further consequences include a substantial disruption to the supply to customers, along with additional costs. OMV’s Process Safety Management Standard serves as a framework and reference for the implementation and maintenance of effective process safety regulations.