What makes us unique - public benefit

Safety has been at the heart of our work since 1760 and we invest our time, money and resources to help fulfil the organisation’s mission: to protect life and property and support public education. 

Our parent entity, Lloyd’s Register Foundation, is a charity. We are proud that our compliance, risk and technical consultancy services directly discharges the first of the Foundation’s charitable objectives – to enhance the safety of life and property – by helping our clients to ensure the quality construction and operation of critical infrastructure. And as the operating company, LR generates profits that help to fund the whole organisation’s public benefit activities.

In the marine industry, our work includes the safety inspection of 8,500 ships each year and the development of Rules for their safe construction, maintenance and disposal. We also help the International Maritime Organization to develop conventions such as the Ballast Water Management Convention and have helped the International Labour Organization to devise the Maritime Labour Convention. We also perform design approvals, surveys and audits to verify compliance with internationally recognised safety standards.

Our work in the energy sector includes verifying the safe design and operation of rigs, platforms, floating offshore installations and refineries. We also inspect boilers and pressure vessels, and other land-based installations for safety-related purposes together with developing Rules for those assets. We deal with safety case preparation for offshore exploration and nuclear power generation. 

The work of our management systems business, LRQA, includes medical directive and CE marking activity helping to ensure the safety of a range of consumer products and medical equipment. LRQA devotes significant effort and resources to helping other standards-setting bodies to devise new or improved standards as well as auditing and providing advice relating to the ISO 14001 environmental and OHSAS 18001 health and safety standards.

Our activities include considerable investment in furthering the understanding of technology. This directly benefits public knowledge and ensures that when technology is deployed it is sound, suitable and dependable and therefore safe for society in its application. Areas of research include: advanced materials; propulsion and powering; energy production and storage; robotics; marine biotechnology; and autonomous systems. We contribute to public education by making our research publicly available, and our highly qualified experts share their knowledge and experience with academics, students, regulators and professionals through committees, conferences and publications.

Our mission statement

New ComponentWe secure, for the benefit of the community, high technical standards of design, manufacture, construction, maintenance, operation and performance for the purpose of enhancing the safety of life and property at sea, on land and in the air… because life matters. We advance public education including within the transportation industries and any other engineering and technological disciplines. 

Our values

  • We care
  • We share our expertise
  • We do the right thing