ESG programs & tech expand, but gaps remain between safety intent and achievement
8th Annual Report
Process Safety Report
What’s in this report from Sphera:
Sphera, a provider of ESG performance and risk management software, data and consulting services, surveyed 239 process safety management and operational risk management professionals from around the world to delve into the relationships between policy and reality, technology and its adoption, as well as ESG, regulation and compliance.
Every year since Sphera’s inaugural safety survey in 2016, approximately two-thirds of respondents have pointed to gaps between their organizations’ safety goals and reality. While this number was down to 65% in 2023 from 69% in 2022, it is concerning that process safety goals are still routinely not being achieved, even with the availability of technologies that can help overcome inefficiencies and information silos.
A few other key findings of the research:
- One-third of safety-critical maintenance is not achieved in a typical month.
- Two-thirds have pointed to gaps between their organizations’ safety goals and reality.
- 63% report that human factors negatively impact safety performance.
- 86% believe process safety management remains significant and important to a company’s ESG performance
