governance of operational/ehs risks · 11/29/2017 · governance of operational/ehs risks ... sense...
TRANSCRIPT
Governance of Operational/EHS Risks
November 2017
Holistic Approach to Managing Risk GPIC Experience
• Established in December 1979
• Joint-venture between NOGA Holding, SABIC & PIC.
• Utilizes Natural Gas as a raw material.
• Produces: Ammonia, Methanol and Urea.
• Started production in 1985.
• Production capacity: 1,500,000 tonnes annually.
• Manpower: 481 employees.
GPIC in Brief
Paid up capital : US$ 159,000,000.
Dividend Paid (cumulative) : US $ 2,250,940,000.
Net worth : US$ 2,500,000,000.
Replacement Value : US$ 1,600,000,000.
GPIC Vision & Mission
OUR VISION
To be a world-class petrochemical and fertilizer company of choice, recognized for excellence
To produce high quality petrochemical and fertilizer products.
To grow successful partnerships and joint ventures
To optimize the business in a safe, sustainable and cost effective manner
To embrace knowledge, harness innovation and utilize best applicable technologies and practices
Train and develop our human capital to realize their full potential
Boost Shareholder value
OUR MISSION OUR VALUES• Excellence
• Integrity
• Respect
• Transparency
• Safety
• Professionalism
• Social Responsibility
• Creativity
• Teamwork
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GPIC Pillars of Sustainability
Social
Responsibility
Environmental
Stewardship Financial
Stability
People
Planet Profit
GPIC RISK Overview
Process Risk
ERM Risk
OHS Risk
PSM
PAS 99
HAZOP
RBI
PAS 99
ISO 31000
ISO 22301
ISO 27001
PAS 99
OHSAS 18001
ISO 14001
RC 14001
IFA P&S
An Integrated
Management System
Approach
GPIC Integrated EHS Governance
At GPIC we believe that the key components of an effective and integrated approach to EHS governance includes:
1 Leadership
2 Culture
3 Framework & System
4 Assurance & Improvement
5Obligations & Compliance Registers
GPIC Integrated EHS Governance
1 Leadership
2 Culture
3 Framework & System
4 Assurance & Improvement
5Obligations & Compliance Registers
Leadership Commitment & Engagement. Zero EHS Risk Appetite. Key Risk Indicator (KRI). Communication / Reporting. Resource Allocation. GPIC committees.
GPIC Integrated EHS Governance
1 Leadership
2 Culture
3 Framework & System
4 Assurance & Improvement
5Obligations & Compliance Registers
Sense of ownership of the EHS risks. Efficient staff induction and training. A culture of continuously learning, correcting and improving. Openness and respect. Actively encouraging, recognizing and rewarding the reporting of
hazards, incidents and issues.
Simply, “It’s the way we do things around here”. Within the overall business culture there is a sub-culture of safety expressed by staff, suppliers and contractors.
GPIC Integrated EHS Governance
1 Leadership
2 Culture
3 Framework & System
4 Assurance & Improvement
5Obligations & Compliance Registers
GPIC has integrated many Best Practices, Management
Systems and Accreditations into its operation system.
GPIC Integrated EHS Governance
1 Leadership
2 Culture
3 Framework & System
4 Assurance & Improvement
5Obligations & Compliance Registers
✓ Management Systems External Audits.✓ Management Systems Internal Audits.✓ Shareholder Audits.✓ Management Reviews✓ Insurance Audits and Recommendations.✓ Daily PTW audits programme.✓ BBS.✓ SHE inspections programme.✓ Cross Plants Audits.✓ Walkabouts
GPIC Integrated EHS Governance
1 Leadership
2 Culture
3 Framework & System
4 Assurance & Improvement
5Obligations & Compliance Registers
✓ Compliance Officer Role.✓ Circulation of applicable laws.✓ Bahrain Legislation Compliance Table.✓ SOP/SI/GL to address compliance.✓ Evaluation of compliance.
Work achieved safely without any Lost Time Accidents
2003 2004 2005 2006 2007 2008 2017
Contractors 1513256 145196 914036 1731306 235706 1015049 7,943,134
GPIC 1878337 3238403 4417848 739643 2037272 3184435 18,808,135
Total hours 3391593 3383599 5331884 2470949 2272978 4199484 26,751,269
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Combined LTA Performance as at 31/10/2017
Good results indicate effective and efficient management systems but also highlights the constant need for a sustainable approach to maintain that.
Awards & Achievements 2017 (Indicators)
Patron's Award from RoSPA.
For organizations who have
achieved a minimum of 25
consecutive Gold Awards.
H.H. Mohammed bin Rashid Al
Maktoum Outstanding Business
• Excellence Award.
• Business Innovation Award.
2nd consecutive year.
Awards & Achievements 2017 (Indicators)
Corporate Social Responsibility Award
HR Gold Standard of Excellence and Best Practice Affiliate Awards
Kingdom of Saudi Arabia Award for Environmental Management in the Islamic World
UAE – DUBAI Excellence Award
Arabian CSR Network
KSA – Excellence Award
Concluding Remarks
Never underestimate risk 1Plan for failure and don’t think unlikely events will not happen
Ensure you measure your risks And do it effectively, accurately and continuously
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Risk doesn’t go away Even if you have mitigated, avoided or transferred it.
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Its not just about implementing technology & systems
its about everyone being engaged, communicating and controlling it.
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Risk Management starts from the top down
involvement of your organisation’s leadership empowers a culture of focus on the right things
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