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London School of International Business (LSIB)

What are the key regulatory requirements related to corporate governance in process safety that are covered in the 9 months Level 7 Award In Understanding Corporate Governance in Process Safety qualification?

Key Regulatory Requirements Related to Corporate Governance in Process Safety

When it comes to corporate governance in process safety, there are several key regulatory requirements that are covered in the 9 months Level 7 Award In Understanding Corporate Governance in Process Safety qualification. These requirements are essential for ensuring the safety and well-being of employees, the environment, and the public. Here are some of the key regulatory requirements:

Regulatory Requirement Description
Health and Safety at Work Act 1974 This act places a duty on employers to ensure the health, safety, and welfare of their employees and others who may be affected by their work activities.
Control of Major Accident Hazards Regulations (COMAH) These regulations require operators of establishments where dangerous substances are present in specified quantities to take all necessary measures to prevent major accidents and limit their consequences.
Corporate Manslaughter and Corporate Homicide Act 2007 This act holds organizations accountable for deaths resulting from serious management failures in health and safety.
ISO 45001 Occupational Health and Safety Management Systems This international standard sets out the requirements for an occupational health and safety management system, helping organizations to improve their safety performance.

By understanding and complying with these key regulatory requirements, organizations can effectively manage process safety risks and ensure a safe working environment for all stakeholders.