1ConfidentialtoMembersofEPSCReportNumber18RiskManagementPracticeintheProcessIndustries2RiskManagementPracticeintheProcessIndustriesReportpreparedbyJLHawksleyfortheEPSCSafetyManagementSystemsSub-committee©EPSC2012Theinformationheldinthisreportisgiveningoodfaithandbeliefinitsaccuracy,butdoesnotimplytheacceptanceofanylegalliabilityorresponsibilitywhatsoeverbytheEuropeanProcessSafetyCentreorbytheauthors,fortheconsequenceofitsuseormisuseinanyparticularcircumstances.Anyenquiriesaboutthisreport,orotherEPSCmatters,shouldbeaddressedtoMrLeeAllford,Manager–EPSCOperations3ObjectivesoftheEuropeanProcessSafetyCentre1.InformationToprovideadviceonhowtoaccesssafetyinformationandwhomtoconsult,whatprocesssafetydatabasesexistandwhatinformationoncurrentacceptablepracticesisavailable.2.ResearchandDevelopmentTocollectEuropeanresearchanddevelopmentneedsandactivitiesinthesafetyandlosspreventionfield,toinformmembersaccordingly,toactasacatalystinstimulatingtherequiredR&Dandtoprovideindependentadvicetofundingagenciespriorities.“R&D”hereincludesexperimentalresearchandthedevelopmentandreviewofmodels,techniquesandsoftware.3.LegislationandRegulationsToprovidetechnicalandscientificbackgroundinformationinconnectionwithEuropeansafetylegislationandregulations,egtolegislativebodiesandcompetentauthorities.4.KnowHowExchangeToprovideaplatformfordevelopmentofprocesssafetyknowledgeforitsmembersandtoactasafocalpointfordisseminationofthatknowledgetotheEuropeanprocesssafetycommunity.InvolvementintheCentre'sgroupsgivesorganisationsandindividualstheopportunitytomeetsafetyprofessionalsfromothercompaniestodiscussareasofcommoninterestandtoshareknowledgeandexperience,thusenablinginformedcomparisonsofsafetymanagementsystemsandpractice.BenefitsofMembership•Improvedcross-Europeanco-ordinationonsafetystandards•Identificationofareaswheremanualsandguidelinescouldbeproduced•Improvedco-ordinationofsafetyR&Dandhandlingofcomplextechnicalresearchprogrammes•StimulationofR&Dinareaswheretherearegapsinknowledge•TransferofknowledgefromelsewheretoEuropeandbetweenEuropeancountries.•Technicalinputtolegislatorsandstandardmakerstoensuremorerealisticlegislation•Sharinganddisseminationofinformationonsafetytechnologyandaccidentprevention•Accesstoinformationfromasinglesource4ForewordThisreportisprimarilyabouttheriskmanagementpracticesnecessarytoensuresafetyofpeopleandtheenvironmentwhentherearepotentialrisksassociatedwiththelossofcontrolofchemicalprocessesorthesignificantlossofcontainmentofchemicalsinstorageortransport.Itdoesnotcoverthemanagementofrisksfromthephysicalhazardsofindustrialactivitiesalthoughthegenericsofriskmanagementareessentiallythesamewhatevertheriskstobemanaged.Thereportisnotatextbookonriskmanagement.Ratheritisareminderofthekeyprinciplesofriskmanagementandillustrateshowtheprinciplescanbeputintopracticebydescribingand,whereappropriate,contrastingthe‘howto’approachestakenbyvariouscompanies.ItisbasedonthepracticalexperienceofriskmanagementsystemssharedbymembersoftheEPSCSafetyManagementSystemsSub-committee.Theriskmanagementpracticesadoptedbydifferentcompaniesoftenvaryconsiderablyintheirdegreeofformality.Thevariationsreflectthetypeoforganisationandthehazardstobemanaged.CompaniesrepresentedontheEPSCSafetyManagementSystemsSub-committeewere:ExxonChemicalBASFBayerDuPontRohmandHaasSnamprogettiTNOAirProductsAkcrosChemicalsBor...