SECTION 3
SAFETY SAFET Y PERFOR MANCE
SAFETY IS A CORE VALUE AT NOVOLEX, and we incorporate this value into everything we do every day. From the production floor of our manufacturing facilities to colleagues in an office, everyone deserves a safe working environment. Novolex has implemented industry-leading workplace safety
THE NOVOLEX TOTAL RECORDABLE INCIDENT RATE
policies and programs that reinforce existing safety procedures and seek new ways to constantly
(TRIR) remains below the industry average, based on
improve safety performance across the company. Novolex health and safety programs are
Occupational Safety and Health Administration (OSHA)
supported by our Health and Safety Management System which tracks safety policies, processes,
guidelines and Bureau of Labor Statistics data. In 2022,
procedures, and performance. The system facilitates management of inspections, incident
we observed a slight decrease in safety incidents
investigations, and both corrective and preventive action plans. The Novolex Board of Directors
because of company-wide safety improvement
and the Sustainability and Environment, Health & Safety subcommittee of the Board also receive
measures and ended the year with a TRIR of 2.06
quarterly updates on safety performance and the progress of safety programs.
compared with a TRIR of 2.13 in 2021.
350
3.5
300
3.0
250
2.5
200
2.0
150
1.5
100
1.0
50
0.5
0
0.0
2019
2020 TRIR
2021
TRIR
RECORDABLE INCIDENTS
NOVOLEX TOTAL RECORDABLE INJURIES R ATE (TRIR) VS. INDUSTRY AVER AGE*
2022
INDUSTRY TRIR
*U.S. Bureau of Labor Statistics
23
