The safety special inspection task force (TF) of POSCO Group (POSCO Holdings) has decided to institutionalize the group safety review meeting chaired by Chair Jang In-hwa. The aim is to institutionalize the special review meeting chaired by Jang so the group can check its safety management status.

According to POSCO Group on the 17th, the group's safety special inspection TF derived 13 action tasks, including operating a group safety review meeting chaired by the chief executive officer (CEO), through a working-level meeting at the end of last month. The tasks were prepared by subcommittee, including safety diagnosis, safety system, and safety culture.

Jang, In-hwa, chairman of POSCO Holdings, inspects an industrial site. /Courtesy of POSCO Holdings

Operating a CEO-led group safety review meeting was prepared as a task in the safety diagnosis section. POSCO Group also held a meeting at the end of last month chaired by Jang. The meeting shared each affiliate's safety pending issues and the results of safety inspections. POSCO Group also decided to operate a safety expert team that supports appropriate safety measures when unexpected situations occur at worksites such as the Pohang and Gwangyang steel mills.

In the safety system area, the tasks include: ▲ establishing plans to expand the safety budget and operate with safety as the top priority ▲ streamlining existing safety systems and enhancing effectiveness ▲ preparing a constant inspection system using safety supervision companies ▲ establishing a safety specialist company ▲ establishing plans to improve multi-tier subcontracting structures ▲ developing an artificial intelligence (AI)-based manufacturing safety system.

In the safety culture area, the tasks include: ▲ expanding worker participation in safety management ▲ establishing a safety academy and strengthening hands-on training ▲ operating safety reporting ▲ developing and spreading AI-based safety technologies ▲ creating a fund and preparing support measures.

POSCO Group is carrying out these action tasks. Safety reporting began in mid-August, and on 17th of last month it said it would establish the safety specialist company POSCO Safety Solution by investing 4.6 billion won.

POSCO Group's safety management has been strengthened since August after a series of fatal accidents involving workers at affiliates including POSCO E&C this year. At the POSCO Forum on 22nd of last month, Chair Jang also said, "We will elevate safety to the group's highest value."

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