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Energy Sector Essentials

Streamline Risk, Compliance, and Safety Management

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Many use cases

Software solutions for the energy industry should cover core risk management, GRC capabilities, safety and compliance features.

Incident and Hazard Management

Capture, investigate, and analyse incidents and near-misses to identify root causes and prevent future occurrences.

Compliance Assurance

Simplify tracking and reporting against complex Australian energy regulations and industry standards.

Risk Assessment and Mitigation

Centralise risk identification, assessment, and control measures to proactively manage operational and strategic risks.

Safety Performance Monitoring

Gain real-time insights into leading and lagging safety indicators to drive continuous improvement.

Contractor Management

Streamline contractor prequalification, onboarding, and performance monitoring to ensure safety and compliance.

Environmental Management

Track environmental performance, manage permits, and report on sustainability initiatives.

Key considerations for the energy sector

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Comprehensive Risk Management

Fossil Fuels (Coal, Oil, and Gas):

  • Extraction & Processing Risks:
    • Mine collapses, gas explosions, and oil spills pose significant threats to workers, the environment, and surrounding communities.
    • Exposure to hazardous substances like coal dust, methane, and volatile organic compounds (VOCs) can lead to long-term health problems.
  • Transportation & Storage Risks:
    • Pipeline leaks and tanker accidents can cause environmental contamination and fires.
    • Storage facilities, particularly for liquefied natural gas (LNG), require stringent safety measures to prevent catastrophic events.

Renewable Energy (Solar, Wind, Hydro):

  • Construction & Installation Risks:
    • Working at heights on wind turbines and solar farms poses a risk of falls.
    • Electrical hazards during the installation and maintenance of solar panels and wind turbines require specialised safety protocols.

  • Operational Risks:
    • Blade failures on wind turbines and dam failures in hydroelectric plants can have severe consequences.
    • Environmental impacts, like bird and bat strikes on wind turbines, need to be carefully managed.

 

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Streamlined GRC Processes

Extreme Weather Events: The increasing frequency and severity of bushfires, floods, and cyclones in Australia pose additional risks to energy infrastructure and operations.

Remote Operations: Many energy projects, particularly in the mining and renewable sectors, are located in remote areas, presenting logistical challenges for safety management and emergency response.

Audits & Inspections: Plan, execute, and track audits and inspections to verify compliance and identify improvement areas.

Document Management: Centralise and control access to policies, procedures, and other critical documents.

Training & Competency Management: Manage employee training records, track competencies, and ensure workforce readiness.

Business Continuity: Develop and test business continuity plans to minimise disruptions during critical events.

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Enhanced Safety and Security

Worker Safety:

  • Ensuring the safety and health of workers through proper training, protective equipment, and adherence to safety regulations is paramount.
  • Fatigue management, particularly in remote and offshore operations, is essential to prevent accidents.

Community Safety:

  • Energy projects must be designed and operated to minimize risks to surrounding communities.
  • Effective communication and emergency response plans are crucial to protect the public in case of accidents.

Environmental Protection:

  • The energy industry must strive to minimize its environmental footprint and implement sustainable practices.
  • Strict regulations and monitoring are needed to prevent and mitigate pollution and habitat destruction.
The riskware advantage

Collaborative teams, one platform.

Choosing the right software solution

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Scalability

The software should have the ability to handle increasing data volumes and complexity as the organisation grows.

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Integration

The software should integrate seamlessly with your existing IT infrastructure and financial systems.

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User-friendliness

The software should be easy to use and navigate, even for non-technical users.

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Customisation

The software should be customisable to meet your specific needs and requirements.

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Vendor support

The vendor should provide excellent customer support and ongoing training.

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Reporting & analytics

The software should allow for customisable dashboards and reports to provide actionable insights and support decision-making.

Experience the riskware advantage

We're showcasing our top features that will help you create a robust risk and safety system that can be customised to suit your needs.

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