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API RP 754 - Process Safety Performance Indicators for the Refining and Petrochemical Industries

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API RP 754, Process Safety Performance Indicators for the Refining and Petrochemical Industries, is a recommended practice developed and published by the American Petroleum Institute (API) and identifies leading and lagging process safety indicators useful for driving performance improvement and includes mechanical integrity related items. As a framework for measuring activity, status, or performance, this document classifies process safety indicators into four tiers of leading and lagging indicators. Tiers 1 and 2 are suitable for nationwide public reporting and Tiers 3 and 4 are intended for internal use at individual sites. Guidance on methods for development and use of performance indicators is also provided.

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