Number of Tier 1 and Tier 2 process safety events by business activity (e.g. exploration, development, production, closure and rehabilitation, refining, processing, transportation, storage)
Unit
Indicator
Metric type
Framework alignment notes
GRI 11: Oil and Gas Sector
TNFD OG.A23.0
Target example
[Company name] will aim to reduce the number of Tier 1 and Tier 2 process safety events by [target amount, in absolute amount, or percentage] by [target year] compared to a [baseline year] baseline.
Target Source: WBCSD target template
Sector
Value chain stage
Metric assessment
Relevance: Low
Feasibility: Medium