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ABS Group Achieves Impressive Eight-Year Safety Milestone

October 25, 2023

The company’s lost time incident rate (LTIR) has remained at 0.00 since July 2015

ABS Group of Companies, Inc. (ABS Group) a leading global risk management company, today announced that it has recorded zero work-related lost time incidents for the eighth consecutive year. The company’s lost time incident rate (LTIR) has remained at 0.00 since July 2015, which is both a triumph and a testament to its steadfast commitment to safety excellence as it works with organizations across critical infrastructure, including oil, gas and chemical, offshore, maritime, power, life sciences and more.

"Safety is at the heart of our organizational mission, and we’re proud to serve as an example for the wider risk management community globally," said Ryan Moody, President and CEO of ABS Group. "In addition to providing robust risk management services across critical infrastructure, we also take care to communicate to our own employees that safety is a practice, not an idea. Our commitment to continuous improvement of our safety rules and processes ensures we operate in the most secure, attentive way to protect employees and the public."

ABS Group's ongoing safety excellence program—which includes comprehensive occupational health and safety policies and practices—played a primary role in the achievement. Of particular note is its Stop Work Obligation mandate, which gives employees at every level of the organization the authority to pause operations at any time and in any aspect of their work if safety becomes a concern. 

"We practice what we preach in everything we do, allowing us to provide unparalleled, time-tested risk management and safety guidance to the crucial organizations that are responsible for powering and safeguarding our world," said Moody.

ABS Group continues to foster safety excellence across its workforce with yearly risk-based exposure testing and ongoing monitoring efforts. The company is also ISO 45001 certified, further highlighting its dedication to occupational health and safety as its employees conduct safety assessments, process safety management, risk-based maintenance and more to establish strong safety cultures in other organizations.

About ABS Group

ABS Group of Companies, Inc. (, through its operating subsidiaries, provides technical advisory and certification services to support the safety and reliability of high-performance assets and operations in the oil, gas and chemical, power generation, marine, offshore and government sectors, among others. Headquartered in Houston, Texas, ABS Group operates with more than 1,000 professionals globally. ABS Group is a subsidiary of ABS (, a leading marine and offshore classification society.

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