The presentation delves into the core elements of Risk-Based Process Safety (RBPS), illustrating how they align with and expand upon traditional process safety practices.
It explores the integration of RBPS with related standards such as API Recommended Practice 1173 and IEC-61511, as well as emerging considerations like cybersecurity and functional safety management.
Moreover, it examines the intersection between ESG and process safety, highlighting the synergies between the two domains in enhancing reputation, attracting investors, and reducing business risks.
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