Daewoo Shipbuilding & Marine Engineering Construction Achieves Zero Fatal Accidents at Construction Sites for 4 Consecutive Years

[Asia Economy Reporter Jang Hyowon] Daewoo Shipbuilding & Marine Engineering Construction is receiving renewed attention for its safety management system after achieving zero fatal accidents for four consecutive years.

Daewoo Shipbuilding & Marine Engineering Construction (CEO Kim Yongbin), a subsidiary of KOSDAQ-listed Korea Technology, announced on the 6th that it achieved a zero fatality rate in the 2021 construction safety evaluation index released by the Korea Occupational Safety and Health Agency, marking four consecutive years of zero fatal accidents in major disasters.

Previously, the fatality rate was an indicator calculated by dividing the number of deaths multiplied by 10,000 by the total number of workers. The overall average fatality rate for comprehensive construction companies this year is 2.2%.

Daewoo Shipbuilding & Marine Engineering Construction’s safety management system includes ▲ introduction of equipment approach alarm system (IOT) ▲ daily safety meetings led by the CEO ▲ safety management cycle ▲ establishment of HSE office ▲ reinforcement of safety and health team ▲ establishment of top 10 safety rules ▲ conducting safety campaigns.

In particular, under the leadership of management, special safety inspections are conducted at the company’s construction sites to continuously check the operation of the safety management system and the installation and management status of safety facilities. At the same time, they listen to the grievances of on-site workers and discuss improvement plans together with them, accelerating safety management.

The company plans to contribute to the development of a systematic safety management system and the creation of a safety culture on site to create an environment where workers can work safely and healthily, along with fulfilling corporate social responsibility.

A representative of Daewoo Shipbuilding & Marine Engineering Construction said, “It is truly meaningful and difficult to achieve zero fatal accidents for four consecutive years at construction sites,” adding, “We will achieve this year’s order target by not only achieving zero major disaster accidents for 10 consecutive years but also creating a virtuous cycle from safety to orders.”

Meanwhile, earlier this year, Daewoo Shipbuilding & Marine Engineering Construction was recognized for having the highest grade of ‘Very Excellent’ in the contractor category in the public construction safety management level evaluation released by the Ministry of Land, Infrastructure and Transport, confirming its status as having the best safety management system in Korea.

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