How important are near-miss reports in occupational safety? As part of the Safety Management Trend Report 2021, we surveyed over 600 European specialists who deal with occupational health and safety daily – and 55% of them told us they regard near misses as an integral part of their set of KPIs. So, why is it so important to examine and engage with near misses? One clear illustration comes from the accident triangle, which depicts the relationship between accident severity and accident frequency. Sometimes known as the ‘safety triangle’, it visualizes the connections and normal distributions between fatal or severe accidents, minor accidents and near misses. It is an emphatic demonstration of how important a holistic approach to incident management can be. Why? Because the triangle shape is no coincidence: In most cases, a severe accident is just the tip of the iceberg. Looking at the full picture – that is, taking near misses and unsafe behavior into account – makes it possible to identify potential optimizations with far-reaching impacts. In this article, we’ll present the different accident triangles, explain how they can help you evaluate your accident KPIs more effectively, and show how you can define targets for better occupational safety.