How is a hazard different from a risk?

A hazard is specifically defined as a source of potential harm or adverse effects, while a risk quantifies the likelihood of that harm occurring and its severity. Understanding this distinction is crucial for effective safety management. The definition of a hazard encompasses any condition, substance, or activity that could lead to injury, illness, or damage. In contrast, risk addresses the probability that exposure to a hazard will result in an adverse outcome.

Risk assessment requires evaluating both the nature of the hazard and the context in which it exists to determine the level of risk associated with it. This clarity allows organizations to implement appropriate safety measures to mitigate risks associated with identified hazards. Addressing the correct identification of hazards and assessing risks is essential in developing effective occupational health and safety programs.