Process Safety Management GRI 403-2 (2018), 403-4 (2018), 403-7 (2018)

GC uses Process Safety Management as a part of our GC Management System (GCMS). The system covers all processes from design to operations, using a Hazard and Operability Study (HAZOP) as well as a Bow Tie Validation process to conduct risk assessments. The objective is to ensure a proper plan for risk management, prevention, and control in production processes, both for normal operations and emergencies, while carrying our constant reviews and updates on the emergency plan, maintaining performance standards and developing efficient and safe production processes.

GC Management System (GCMS)

Process Risk Management, Prevention and Control GRI 403-2 (2018)

GC has adopted the Hazard and Operability Study (HAZOP) to assess risks in the production process and prioritize them. This technique contemplates hazards that could potentially occur in the production process to seek risk prevention methods and control possible disruptions in the operating system. It also establishes plans to mitigate any severe impacts from potential incidents (Prioritization and integration of action plans with quantified targets to address those risks). Process risks are assessed to authenticate the efficiency of current safety systems and install additional equipment or occur effect changes to the production process. The entire procedure has been assigned under the responsibility and governance of the Technical Safety and PSM Team to ensure efficiency throughout the production process.

GC HAZOP Study Process

According to the occupational health and safety risk and hazard evaluation in 2025 key risks detected include 1) Safety Risk (Process Safety Event): leakage of hazardous chemicals posing risks to operational safety and serious accidents resulting in injuries or fatalities, and 2) Safety Risk (Personal): risk of accidents from factory operation activities, turnaround activities, construction projects and other supporting activities that may lead to accidents and work-related injuries or fatalities.

Furthermore, Operational Area Core Team (OACT) and Process Safety Management Taskforce (PSMT) have been appointed for each production unit to drive Process Safety Management and support each working area. This contributes to GC’s target of becoming the leader that can maintain international standard in OHS within chemical industry.

Moreover, GC has conducted measures for managing reliability and integrity of machineries at all factories and established Reliability Improvement Team (RIT). Machineries at all factories will be assessed through the Asset Integrity Assessment by an internal specialist, to analyze and set an improvement plan for reliability and integrity. The improvement plan covers all factors, which are potential causes of accidents as well as reducing the number of unplanned shutdowns.

Process Safety Projects GRI 403-2 (2018), 403-4 (2018)

GC continuously raises safety standards in production processes by applying technology in operations while comprehensively developing and upgrading numerous successful pilot projects. GC has conducted numerous process safety projects, such as Enhancing Plant PSM Committee Performance, Operation Risk Management Risk Treatment to Prevent LOPC, and Align Field Risk Assessment (FRA) Good Practices.

To ensure the company’s production processes are safe and comply with the laws and internationally-recognized standards.

Performance Summary

Process Safety Event Tier 1 (Case)

Target

Process Safety Event Tier 1

Performance Target
2022 2023 2024 2025 2025 2027
Process Safety Event Tier 1 (Case) 2 1 0 0 0 0