What Every CFO Wants to Know About Safety (But is Too Afraid to Ask)

What if the safety numbers you trust are leading to costly risks? BP’s celebrated “Zero Injuries” record was shattered when its safest oil rig exploded, killing 11 workers. This BP Horizon Event, now studied extensively, revealed that although numbers don’t lie, they can obscure critical issues. In this session, we’ll discuss how a narrow focus on safety metrics can expose organizations to financial and reputational disasters, and why effective safety leadership requires more than just tracking injury-free days. CFOs and financial leaders have long supported the goal of Zero Injuries, often investing millions in pursuit of this “Holy Grail” of safety. But when Zero is shattered, the financial and operational impacts can be devastating. This session rethinks the traditional approach, introducing the concept of Beyond Zero – a strategy that not only prevents costly incidents but also drives continuous safety and financial improvement. Discover how shifting your safety culture beyond metrics can protect your bottom line and enhance long-term profitability.