The Company’s Recently Published Safety Incident Data Demonstrates a Downward Trend
MUMBAI (India CSR): Reliance Industries Limited (RIL), one of India’s leading multinational conglomerates, has recently published its safety incident data for FY 2022-23, showing notable progress in its commitment to ensuring workplace safety. The safety data reflects RIL’s commitment to ensuring a safer work environment for its employees and workers.
The company’s emphasis on maintaining stringent safety standards is evident in the declining numbers. Despite the increase in total recordable work-related injuries among workers, RIL has expressed its resolve to address and rectify this trend. Overall, the data indicates RIL’s ongoing efforts to create a safer, healthier work environment.
Safety Performance Overview
RIL’s performance for the current financial year (2022-23) reveals significant strides towards a safer work environment. The Lost Time Injury Frequency Rate (LTIFR) for employees has slightly decreased to 0.21 from 0.22 in the previous financial year (2021-22).
For workers, the LTIFR has remained steady at 0.21, demonstrating a consistent safety record.
Total Recordable Work-Related Injuries
In the category of total recordable work-related injuries, RIL shows a decline in numbers for employees, with 15 injuries recorded this year compared to 16 in the previous financial year. However, the number of injuries among workers has seen an increase from 19 to 32, which is an area of concern and focus for the company. For this reason, most companies are investing in health and safety training, like the ones with facilities in Canada, which trust first aid training in Toronto.
No Fatalities Recorded
In terms of the gravest safety incident – fatalities, the company reports zero fatalities among employees for both the current and previous financial years. As for workers, there has been a significant improvement, with zero fatalities reported in FY 2022-23, down from one in FY 2021-22.
High Consequence Work-Related Injury or Ill-Health
When it comes to high consequence work-related injury or ill-health (excluding fatalities), RIL continues to maintain a clean slate, with zero incidents reported among both employees and workers for the past two financial years.
The Table of Safety Incidents
| Safety Incident/Number Category | FY 2022-23 (Current FY) | FY 2021-22 (Previous FY) |
|---|---|---|
| LTIFR (Employees) | 0.21 | 0.22 |
| LTIFR (Workers) | 0.21 | 0.21 |
| Total Recordable Injuries (Employees) | 15 | 16 |
| Total Recordable Injuries (Workers) | 32 | 19 |
| No. of Fatalities (Employees) | 0 | 0 |
| No. of Fatalities (Workers) | 0 | 1 |
| High Consequence Injuries (Employees) | 0 | 0 |
| High Consequence Injuries (Workers) | 0 | 0 |
Note: Safety incident / number covers the entire workforce for the purpose of reporting of LTIFR, Total recordable work-related injuries, No. of fatalities, and High consequence work-related injury or ill-health (excluding fatalities).
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