Fire and Explosion are the top cause of the losses* and over 59% of Business Interruption costs worldwide risking human lives, creating social and environmental collateral damage.
Fire and explosion hazards impact a business through losses (of life, tangible and intangible assets, Business resilience, Safety, Quality of Service, Customer base, Reputation), Regulatory penalties and lawsuits.
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Fire/ Explosion account for 24% (€14 Bn | US$ 16.5 Bn) of the global corporate insurance losses in 5 years
Source: Allianz Global Corporate & Speciality
Fire / Explosion account for 59% of Business Interruption claims globally
An explosion directly affects the immediate environment and community around the location. According to the published reports, years of decarbonization efforts can be reversed by the toxic air pollutants from just one fuel tank explosion. Such emissions with soil & water contamination unleash a long-standing hazardous impact on health and future, making it an active contributor to environmental inequalities and damage.
OUR IMPACT OBJECTIVE
To reduce such gross disaster risks, ATOM®Explosion Prevention System enables a mitigation strategy that provides unprecedented levels of safety with fuel storage in all industries and communities.
ALIGNMENT TO UNITED NATIONS SDGs
ATOM® is committed to embedding sustainability within the organisation by constantly focusing on improving our operational footprint, designing our products to be fully recyclable, and integrating sustainability into our overall value chain.
To ensure we meaningfully contribute to solving the world’s problems, we have aligned to these United Nations Sustainable Development Goals.