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On January 3, Sinopec Zhenhai Refining & Chemical Co., Ltd. received China’s first certificate under the international safety rating system (ISRS) at level 7, becoming the first enterprise in China’s petrochemical industry to achieve this level of international safety assessment and thus entering the ranks of world leaders in this field. The International Safety Rating System (ISRS) is a world-leading safety rating system that is evaluated by the international safety rating agency DNV. It encompasses 15 management elements such as safety leadership, risk assessment, risk control, emergency preparedness, and equipment management, and is used to evaluate, improve, and demonstrate the health of an organization’s business processes. It is widely applied in numerous industries around the world and has become the global standard for excellence in safety management. Currently, ISRS is widely used in the petrochemical industry, serving as the best practice for helping this industry develop safety and sustainability management strategies that take into account national conditions and the specific characteristics of individual enterprises. Zhenhai Refining & Chemical is one of the first petrochemical enterprises in China to adopt an international safety rating system. In November 2014, the pilot project for a quantitative assessment of the safety performance of refining enterprises carried out by Sinopec and CNPC, commissioned by the State Administration of Work Safety and undertaken by DNV, was officially launched at Zhenhai Refining & Chemical Co., Ltd. The evaluation results show that Zhenhai Refining & Chemical’s safety management performance is at level 5. Zhenhai Refining & Chemical continues to improve safety management in the industry; in October 2019, its ISRS rating was upgraded to level 6.