I work in mining and mining-adjacent. Safety is taken seriously and process is rigorous. lock-out-tag-out, etc. is all huge in it.
These metrics are reported on both internally and externally and make up major components of incentive payments. I'm completely used to management having 70+% of the incentive being tied to company performance, which is in turn strongly influenced by safety performance metrics.
I'm used to targets well under sub-1.0 TRIR at class 1 operators. Something like 4 would pause the project.