OHS Risks and Opportunities

What is the difference between OHS Risks & Other Risks?

OH&S risks are risks that directly affect the operations of the organization, and generally come from the OH&S hazards identified for the processes.  Other risks could affect the OHSMS, but would not be directly related to the hazards as they currently exist; for instance if you found out that a supplier was discontinuing a chemical that you use, and you did not know what chemical could replace it, this is a risk that you do not yet understand the hazard of but could change your hazards in future.

What is the difference between OHS Opportunities & Other Opportunities?

OH&S opportunities are described as specific OH&S activities that would enhance the OH&S performance, with examples such as adapting work, or eliminating hazards and risks. Other opportunities would consist of other activities that would improve the OH&S management system that are not seen directly as OH&S opportunities. The wording appears to be this way to ensure that people include all opportunities to improve OH&S performance regardless of how they classify those opportunities.

For more on understanding risks and opportunities in ISO 45001, see this article: What are the new requirements for risks and opportunities according to ISO 45001? https://advisera.com/45001academy/blog/2018/04/25/what-are-the-new-requirements-for-risks-and-opportunities-according-to-iso-45001/

Your explanation is quite apt. Very precise and accurate.