Tag: risk assessment

Lessons from the Vizag Steel Plant explosion highlighting key process safety lessons for industry and industrial risk management.

Vizag Steel Plant Explosion 2026: Critical Process Safety Lessons from a Major Industrial Tragedy

The Vizag Steel Plant Explosion on 8 June 2026 stands among the most serious industrial accidents reported in India in recent years. The incident, which occurred during casting operations at the Visakhapatnam Steel Plant (VSP), claimed nine lives and left multiple workers injured, highlighting the devastating consequences that can arise…
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corporate compliance risk assessment

Corporate Compliance Risk Assessment: What It Is and Why It Matters

In today’s complex regulatory landscape, businesses face an increasing number of compliance requirements designed to prevent misconduct, fraud, and ensure fair practices. A corporate compliance risk assessment is essential for identifying and mitigating risks that could lead to regulatory violations, reputational harm, and financial penalties. Whether your business operates in…
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