The research aims to investigate correlations and influence between risk management implementation in accordance with (Institute of Risk Management (IRM), A Risk Guide to ISO 31000: 2018. International Standard Organization: Risk Management Principles and Guidelines, 2nd edn. Institute of Risk Management, England, as an independent variable, and reducing accident and work injuries as a dependent one. A case study was used in preparing the empirical part of the research. The research problem is the company of concern suffers from as presented in the numerous risks, internally and externally, which lead to several accidents and work injuries. Significance of the study lays in its contribution to the awareness about the importance of applying the risk standard (ISO). The study came up to certain conclusions in favour of the company’s performance, and reduction of losses. The empirical part of the study was conducted on: the company of oil product distribution in Baghdad as a field study, due to risks associated with its activities that lead to several accidents and work injuries the company suffered from. The researcher designed a hypothetical study explaining the nature of correlation between the two variables of the study. In order to collect the data needed, (ISO) checklist regarding, accidents and work injuries are used. statistical means such as: weighted mean, percentage; of conformity to diagnose gap size in applying and documenting (ISO) items, using (t) and (f) tests in order to examine hypotheses correlation and influence, were also needed. The researcher came up with an important finding that there was a strong inverse link and influence between (ISO) risk management process and accidents and work injuries.