This provides valuable insights into the company’s safety performance by comparing working hours and incident rates against OSHA standards from 2016 to 2021 and its commitment to maintaining a safe working environment for all employees.

• Consistent Reduction in Incident Rates: The graph shows a clear downward trend in both OSHA Lost Time Injury Rate (LTIR) and Total Recordable Incident Rate (TRIR) over the period 2016-2021. This indicates a consistent improvement in safety performance across Altrad Services.
• Outperformance of OSHA Standards: Notably, the LTIR and TRIR consistently fall below the OSHA standards throughout the period. This demonstrates a strong commitment to exceeding regulatory requirements and maintaining a high level of safety.
• Reduced Working Hours: While working hours have fluctuated, the overall trend suggests a gradual reduction. This may indicate improved efficiency and productivity, while maintaining or even improving safety performance.

As a joint venture with Altrad Group, Prezicon Limited inherits Altrad’s strong safety culture and commitment to zero accidents. This is further reinforced by Prezicon Limited’s own HSE and QHSE policies, which likely emphasize the following key principles:

• Safety First Mentality: Prioritizing safety in all aspects of operations, from planning and design to execution and maintenance.
• Employee Training and Empowerment: Providing comprehensive safety training to all employees and empowering them to identify and address potential hazards.
• Risk Assessment and Control: Conducting thorough risk assessments and implementing effective control measures to mitigate hazards.
• Incident Investigation and Reporting: Thoroughly investigating all incidents, identifying root causes, and implementing corrective and preventive actions.
• Continuous Improvement: Continuously monitoring safety performance, identifying areas for improvement, and implementing best practices.

Prezicon limited is committed to the Altrad’s overarching goal of zero accidents. By consistently improving its safety performance and exceeding OSHA standards, Prezicon Limited demonstrates its commitment to achieving this goal. This commitment to safety not only protects employees but also enhances the company’s reputation and strengthens its relationships with clients and stakeholders.

By maintaining a robust safety management system, adhering to industry best practices, and continuously striving for improvement, Prezicon Limited is well-positioned to achieve its safety goals and maintain a leading position in the industrial services sector

Excellent Safety Performance:

• Zero Lost Time Injuries (LTI): This is a significant achievement, demonstrating our strong commitment to preventing serious workplace accidents.
• Zero High Potential Incidents (HPI): This further reinforces the company’s proactive approach to safety, proactively identifying and mitigating potential hazards.
• Low Total Recordable Incident Rate (TRIR): The low TRIR indicates a safe and controlled working environment with minimal incidents.

Strong Safety Management System:

• ISO 9001, 14001, and 45001 Certifications: These certifications demonstrate a robust and integrated management system that encompasses quality, environmental, and occupational health and safety aspects.
• IRATA Membership: This membership signifies adherence to rigorous safety standards and best practices in rope access techniques, which are crucial for many of Prezicon Limited’s operations.

Continuous Monitoring and Improvement:

• HSE Performance Graph: The graph tracks key HSE indicators over time, allowing for continuous monitoring and identification of trends. This data-driven approach enables Prezicon Limited to proactively address any emerging safety concerns and implement corrective actions.

This commitment is reflected in Prezicon Limited’s own safety policies and procedures, which likely prioritize the following:

• Safety Leadership: Promoting safety leadership at all levels, with managers and supervisors taking ownership of safety in their respective areas.
• Employee Engagement: Actively involving employees in safety initiatives, encouraging them to report hazards and participate in safety inspections and audits.
• Risk Assessment and Control: Conducting thorough risk assessments and implementing effective control measures to mitigate hazards.
• Incident Investigation and Learning: Conducting thorough investigations of all incidents, identifying root causes, and implementing corrective and preventive actions to prevent future occurrences.
• Continuous Improvement: Continuously reviewing and improving safety processes and procedures based on data analysis, feedback, and industry best practices.