S - Social (Workforce, Rights, Safety, Community) 5 min read

What is LTIFR (Lost Time Injury Frequency Rate)? Definition and Context

Credibility Check & Framework Comparison

To ensure absolute regulatory accuracy and reliability, we verify definitions across leading international frameworks before presenting our synthesized SME context.

EFRAG / ESRS S1

"A standard safety metric calculating the number of lost time injuries occurring per one million hours worked."

GRI

"A labor health and safety indicator representing the rate of work-related injuries resulting in lost workdays per million hours worked."

EcoVadis

"A key scorecard metric assessing the effectiveness of occupational health and safety policies and actions."

ExecutESG Consolidated Definition

LTIFR (Lost Time Injury Frequency Rate)

Lost Time Injury Frequency Rate (LTIFR) is a standard safety KPI that measures the frequency of work-related accidents that result in an employee being unable to work for at least one full day, relative to total hours worked.

$$\text{LTIFR} = \left( \frac{\text{Number of Lost Time Injuries}}{\text{Total Hours Worked by All Employees}} \right) \times 1,000,000$$

Why it matters:

  • Standardizes safety performance across different company sizes.
  • Serves as a primary quantitative indicator for Occupational Health & Safety (OHS) audits.

SME Relevance & B2B Inbound Action:

LTIFR is a mandatory disclosure in EFRAG's VSME Basic Module (B4). To satisfy this requirements, log all incidents and total hours worked in ExecutESG to automatically calculate your audit-ready safety metrics.

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