This is the company’s lowest LTIFR ever recorded.
Essar Steel has set a new record by achieving the lowest Lost Time Injury Frequency Rate (LTIFR) of 0.11 for FY 2015–16. With zero fatality in its manufacturing locations, the company has broken its previous best record of 0.18 achieved in FY 2013–14—a feat that was recognised by World Steel Association (WSA).
LTIFR is a key indicator under the WSA’s Sustainability Reporting of Businesses. Only last year, WSA commended Essar Steel for its safety leadership that was demonstrated through the Process Safety Management (PSM) project across various areas of operations. The PSM project incorporated several safety initiatives, which included a safety portal, campaigns, video screenings and a rally that brought together 3,500 employees and contractors.
Recently, Prashant Ruia, Director-Essar, was featured in WSA’s Safety and Health Recognition Programme 2015.
Commenting on this achievement, Dr Anil Jain, VP-Health Safety & Environment, Essar Steel, said, “ Safety is of utmost importance for us. All our initiatives are directed towards building a strong safety culture at Essar Steel. And it’s encouraging to see the results of these initiatives through lowest Lost Time Injury Frequency Rate.”
Some of the safety accolades that Essar Steel has won recently are Safety Leadership by worldsteel (for the second year in a row), the Ispat Suraksha Puraskar awarded by the Joint Committee on Safety, Health & Environment in Steel Industries (JCSSI), the Manufacturing Today Excellence in Safety Award 2014 – Large Enterprises, the Safety Innovation Award 2015 from The Institution of Engineers (India), and the Golden Peacock Award for Occupational Health & Safety 2013.