Hyundai Heavy Industries Group Implements High-Intensity Safety Measures Worth 300 Billion KRW Over 3 Years

[Asia Economy Reporter Hwang Yoon-joo] Hyundai Heavy Industries Group has established a high-intensity comprehensive safety plan to practice safety as the top priority value in management.

Hyundai Heavy Industries Group announced on the 1st that it has formulated a comprehensive safety management plan to invest an additional total of 300 billion KRW over the next three years by expanding investments in safety facility improvements and education across its business sites.

In particular, Hyundai Heavy Industries plans to invest a total of 160 billion KRW in the safety sector over three years, including ▲ expanding the operation of the Safety Innovation Advisory Committee ▲ granting all workers the ‘right to request safety improvements’ ▲ reorganizing the safety organization ▲ expanding investment in safety facilities.

Following the appointment of President Lee Sang-gyun as the head of the shipbuilding business on the 25th, Hyundai Heavy Industries intends to conduct a fundamental inspection of all safety systems, from safety facilities to work procedures, organization, and education, reflecting the opinions of experts from various fields.

First, the company will recruit top-level external safety experts in Korea and expand and reorganize the ‘Safety Innovation Advisory Committee,’ composed of external experts such as safety certification bodies and professors, to thoroughly inspect the entire safety system and continuously improve any deficiencies found.

Additionally, all workers will be granted the ‘right to request safety improvements’ to immediately stop work upon discovering hazards at the workplace, and a special education program targeting approximately 22,000 workers, including subcontractors, will be operated within the year to raise workers’ safety awareness.

Furthermore, a Safety Crisis Management Team will be newly established to enable continuous inspection and diagnosis at all workplaces, allowing early detection of problems and prevention of accidents. Support programs to strengthen capabilities will also be expanded and operated, including improving subcontractor representatives’ safety mindset, mandating and supporting safety certification, and providing education and technical support to help subcontractors develop their own safety management capabilities.

Kwon Oh-gap, Chairman of Hyundai Heavy Industries Holdings, emphasized, "The group will spare no support to ensure the successful implementation of this comprehensive safety management plan," adding, "While the company’s efforts are paramount in safety, the active participation of all workers is also important, so everyone must unite with one heart and do their best to realize safety management."

This content was produced with the assistance of AI translation services.