Gearbulk ESG Report 2023 - Report - Page 44
GEARBULK
HEALTH AND SAFETY
PROGRESS AND
PERFORMANCE
Continuously monitoring our progress, we are relentlessly working towards achieving a safer tomorrow,
where every individual can work and thrive without
the fear of injury or harm.
LOST TIME INJURY FREQUENCY
Our Methodology for the calculation
Year
LTIF
TRCFF
Fatalities
In our performance calculation methodology, we employ
2020
0.81
3.25
0
widely recognised metrics within our industry. Speci昀椀cally,
2021
0.41
2.04
0
2022
0.70
2.93
0
2023
0.81
3.26
0
we utilise the Lost Time Injury Frequency (LTIF) and Total
Recordable Case Frequency (TRCF), both prevalent in our
sector.
When applying these metrics, we begin by assuming
1,000,000 working hours, which we then divide by the prod-
Aspect 2023
uct of the following factors: the manhours worked per vessel
(24 hours in our case, re昀氀ecting the workday aboard the vessel), the number of vessels, the crew count on each vessel,
Target
Result
Lost Time Injury Frequency
0
0.81
Average Near Miss reports
pr. Vessel pr. Month
2
3.07
and 365 days (representing our year-round operation).
We only include crew in the manhours as the these the data
on the hours is controllable by Gearbulk.
Performance in 2023
TRCF and LTIF
The LTIF has been halved year on year since 2019 and
TRCF
Gearbulk saw a record low in 2021. It was therefore unfor-
3,5
case was investigated and shared with the 昀氀eet through
3,0
experience transfers.
2,5
Gearbulk is adamant in reversing the trend and the development has only enhanced Gearbulk’s focus on achieving
Frequency
tunate to see a continued hike in injuries during 2023. Each
2,0
1,5
an improved safety performance amongst its employees.
1,0
Increased Management level visits onboard, enhanced focus
0,5
on toolbox meetings, the Safety Leadership training pro-
0,0
gramme, and Risk Management are all focus areas for 2024.
2020
2021
2022
Year
44
PART 3 – SOCIAL
LTIF
2023
