A Risk Management Approach in Occupational Health and Safety Based on the Integration of a Weighted Composite Score

Occupational health and safety (OHS) is essential for protecting the life, health, and physical integrity of workers. In a complex and dynamic professional context, the prevention of occupational risks has become a priority for employers and decision-makers, going beyond legal compliance to create a safe and efficient work environment. This article explores the history and the main theoretical aspects of OHS and explores the implementation of the ISO 45001 standard and introduces managing workplace health and safety (WHS) risks based on the 5M Method and a weighted composite algorithm for OHS risk assessment integrating factors such as severity, probability, frequency of exposure, number of exposed employees, organizational response capacity, and incident history. Applied in a mixed industrial case study, this approach demonstrated superior risk prioritization compared to the classic severity–probability model. The findings have practical applications: organizations can use the Weighted Composite Score to prioritize interventions, allocate resources efficiently, and prevent high-risk incidents. The approach is adaptable across industries, supporting data-driven safety decisions. The integration of this method supports ISO 45001’s principles of a systematic, proactive, and continuous improvement approach to OHS management.