Loss prevention programmes for the Hazardous Work Place Review and Inspection Act have been enforced in Taiwan since 1994. Essentially, the objective was to minimize occupational incidents and enhance work efficiency by strict inspection and stringent evaluation with cautious safety management. However, effective implementation of such a programme requires a consideration of the effect of this system and the perception and attitude of the employees. A survey was employed to quantify the safety achievements that resulted from executing the programme specified in the Hazardous Work Place Review and Inspection Act, along with a study to assess the programme's applicability. The information is intended to serve as a valuable reference for industries to actively improve loss prevention by using an inherently safer approach. This study was the first completed in Taiwan since the programme was launched in 1994. The data illustrated which elements of the programme could significantly alleviate occupational incidents and near misses. Effect analysis of more than 80% of the interviewed companies confirmed that the system is not only practical but also useful for promoting safety, if the programme is carried out appropriately.