ESGJul 23, 2026, 06:12 AM
Woodside Details Process Safety Management & 2025 Performance
AI Summary
Woodside Energy Group held a Sustainability Focus Session to detail its comprehensive Process Safety Management framework, emphasizing its commitment to protecting people, assets, and the environment. The company highlighted its disciplined approach, competency programs, and strong governance, reporting 98% conformance for senior Process Safety Critical Roles in 2025, exceeding its 95% target. Woodside also discussed its performance, including zero Tier 2 and one Tier 1 process safety event in 2025, and two Tier 2 events in 2024, with learnings incorporated for continuous improvement.
Key Highlights
- Woodside achieved 98% conformance for senior Process Safety Critical Roles in 2025, exceeding its 95% target.
- The company recorded zero Tier 2 process safety events in 2025.
- One Tier 1 process safety event occurred in 2025 during Griffin decommissioning activities.
- Two Tier 2 process safety events were recorded in 2024, unrelated to decommissioning.
- Woodside applies a Process Safety Management framework across its global portfolio, including new integrations.
- The company utilizes a hierarchy of controls and a Process Safety Competency Program for risk management.
- Artificial intelligence is being explored to enhance process safety management, augmenting human decision-making.
Price Impact
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