INSIGHT REPORT
Safety as a Business Strategy: How Top Utilities Companies Drive Safety Performance
Electric utilities operate in a high-consequence environment. Regulatory demands are growing more complex. Assets are aging. New technology and renewable integration are reshaping operations. Meanwhile, EHS teams are asked to do more with fewer resources, limited visibility, and rising expectations for speed and accuracy.
And regardless of the challenges behind the scenes, customers still expect a reliable and affordable supply of energy.
That's why safety can't be treated as a cost center. When safety performance slips, the consequences have major impacts:
- Incidents rise
- Insurance premiums climb
- Fines and regulatory findings follow
- Operations are disrupted, productivity drops, and equipment damage adds cost
- Reputation erodes with customers, partners, and investors
In many countries, public utility commissions consider injury rates and public opinion when reviewing requests for rate increases and policy changes.
See how top-performing utility companies are addressing these challenges by focusing on three areas: people, leading indicators, and technology adoption.
