Document background
The Risk Assessment Action Plan is a crucial document required under Pakistani health, safety, and environmental regulations, particularly relevant to organizations operating under the Pakistan Environmental Protection Act 1997 and the Factories Act 1934. This document becomes necessary when organizations need to systematically identify, assess, and plan responses to potential risks in their operations. It serves as both a compliance document and an operational guide, detailing specific hazards, their potential impacts, and prescribed mitigation measures. The plan should be updated periodically or when significant operational changes occur, and must align with both federal and provincial requirements while incorporating industry-specific risk factors. It forms a fundamental part of an organization's risk management framework and is often required for regulatory approvals, insurance purposes, and stakeholder assurance.
