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  1. Enterprise Risk Management. Structured and holistic approach to identify, assess, manage and monitor risks. The aim is to REDUCE the likelihood and impact of identified risks to enhance the organisation’s ability to achieve its strategic objectives.

  2. PETRONAS Chemicals Group Berhad (PCG) Released Date July 2022. PETRONAS Group adopts zero tolerance against all forms of bribery and corruption.

  3. The objective is to set the recommended standard for good technical practice to be applied by PETRONAS' OPUs in oil and gas production facilities. When Contractors or Manufacturers / Suppliers use PTS they shall be solely responsible for the quality of work and the attainment of the required design and engineering standards.

  4. HSSE Integrated Risk Assessment (HIRA) Petronas Azure AD.

  5. Apply appropriate methods in conducting risk assessment (i.e. JHA, PTW, HAZOPS, etc.). Analyse the risk levels and respective restriction to workplace and the surrounding area. Quantify and analyse the emission and effluent rates and assess their impacts in qualitative terms, and identifies short and long term remedial actions/plan.

  6. 5.2.3.2 For qualitative assessment, PETRONAS Risk Assessment Matrix shall be used. to assess the risks posed by the hazard. The matrix is as shown in Figure 1. below. Figure 1: PETRONAS HSE Risk Assessment Matrix. L - Low Risk - Manage for Continuous Improvement. M - Medium Risk - Incorporate Risk Reduction Measures. H - High Risk - Intolerable

  7. A planned and documented activity performed by qualified personnel to determine by investigation, examination, or evaluation of objective evidence, the adequacy and compliance with established procedures, or applicable documents, and the effectiveness of implementation. Asset Integrity & Reliability.