What is one potential consequence of not adhering to PSM regulations?

Not adhering to Process Safety Management (PSM) regulations can lead to an increased risk of workplace accidents and legal penalties. PSM regulations are designed to prevent and mitigate the release of hazardous chemicals and ensure the safe management of processes that involve these substances. When companies do not comply with these regulations, they expose themselves to higher chances of incidents such as chemical spills, explosions, or other accidents, which can result in injuries, fatalities, and significant harm to the environment.

Furthermore, failing to meet PSM requirements may also lead to legal consequences, including fines, lawsuits, and penalties imposed by regulatory bodies. Inadequate safety measures not only jeopardize the health and safety of employees but can also result in reputational damage for the organization and increased operational costs due to potential litigation and remedial actions. Thus, adherence to PSM regulations is crucial for maintaining safety, legal compliance, and overall organizational integrity.