Safety & Health
- Sustainability
- Social
- Safety & Health
Safety & Health Management System
Hyosung Heavy Industries recognizes the critical importance of workplace safety, health, and management due to the nature of the manufacturing and construction industries. We have developed our vision, strategies, and safety and health policies to align with the specific characteristics of our Construction and Power & Industrial Systems divisions. To ensure a safe working environment, our top management, the CSOs of the Construction and Power & Industrial Systems divisions, and all employees are fully committed to doing their best.
Corporate Occupational Safety & Health Policy
Hyosung Heavy Industries is dedicated to upholding its management philosophy of prioritizing life and safety by implementing the principles and action plans of our integrated Occupational Safety & Health policy. This policy combines the safety and health guidelines of our Construction and Power & Industrial Systems divisions. Through this Safety & Health policy, we have established measures to enhance workplace safety and health, promote employee well-being, and improve customer safety. We ensure that not only our employees but also our partners, suppliers, and outsourcing partners are encouraged to support and adhere to this policy.
Safety & Health Management Goals
Hyosung Heavy Industries has established and is implementing a long-term roadmap and action plan to achieve "ZERO Serious Accidents and Injuries" across all workplaces. We have set quantitative safety and health indicators tailored to the characteristics of our Construction and Power & Industrial Systems divisions. For the Power & Industrial Systems division, we use the Lost Time Injury Rate (LTIR) as a key metric, while the Construction division focuses on the Fatality Rate (number of fatalities ÷ number of workers × 10,000). Our goal is to create accident-free workplaces in both divisions.
ZERO Serious Accidents and Injuries
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2023
- Power & Industrial Systems
- LTIR
1.61
- Construction
- Fatality Rate
0.14
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2026
- Power & Industrial Systems
- LTIR
1.0
- Construction
- Fatality Rate
0
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2028
- Power & Industrial Systems
- LTIR
0.5
- Construction
- Fatality Rate
0
-
2030
- Power & Industrial Systems
- LTIR
0.3
- Construction
- Fatality Rate
0
Governance
Hyosung Heavy Industries appoints a Chief Safety Officer (CSO) reporting directly to the CEO and operates division-specific safety and health teams under the CSO. The safety and health teams conduct biannual safety and health workshops and quarterly
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- Board of Directors
- The highest governance body
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- ESG Management Promotion Committee
- CEO-led decision-making body
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- Safety & Health Committee
- Company-level working committee
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- Power & Industrial Systems CSO
- Power & Industrial Systems Safety and Health Team
- Construction CSO
- Construction Safety and Health Team
Operation of Hyosung Safety 119 Bulletin Board
To enhance the company's safety culture and provide safety information, we operate the 'Hyosung Safety 119' bulletin board. This platform offers the latest safety guidelines, training materials, accident prevention strategies, and safety-related news. It also shares safety-related experiences and information closely connected to our company, contributing to the creation of a safer work environment.
| Category | Purpose | Content |
|---|---|---|
| Safety News | Share the latest safety news and updates from the company and industry to keep employees informed. | - Company safety announcements and updates |
| - Latest safety regulations and legal changes in the industry | ||
| - Information on safety seminars, workshops, and training | ||
| - Introduction of new safety equipment and technologies | ||
| - Links to safety-related articles and news | ||
| Resources | Enhance access to safety-related and training materials to strengthen safety knowledge among employees. | - Safety manuals and guidebooks |
| - Safety training videos and presentation materials | ||
| - Safety rules and procedures for accident prevention | ||
| Accident Cases | Share past accident cases to prevent similar incidents and raise safety awareness. | - Reports on accidents that occurred within the company |