Introduction The nuclear industry has experienced growth worldwide as countries invest and take advantage of the opportunities it presents (Cheung & Qiang 1997). This industry and other related industries are faced with hazards due to the nature of the industry, materials used and its association with occurrences of accidents. Various bodies have been set to ensure that safety standards are adhered to by the industries. The World Association of Nuclear Operators (WANO) is one such body whose aim is to promote higher degrees of safety and reliability in nuclear plants located around the world. Performance indicators provide evidence regarding the performance of a plant mainly in terms of its reliability and the upholding of personnel and plant safety. There are initiatives worldwide to establish more indicators to guarantee future safe performance. This paper focuses on these initiatives with comparisons and contrast of their benefits and a review of the current WANO indicators. Further, it presents an annual audit plan. Worldwide Initiatives to Add More Performance Indicators There have been concerns of instituting indicators that have safety as the major objective (WANO, 2008). Several international bodies have also proposed the inclusion of additional performance indicators for WANO. The International Atomic Energy Agency (IAEA) has made proposals for the inclusion of sustainable energy development indicators due to the concern for energy reliability and environmental effects from the nuclear industry (Nuclear Energy Agency, 2006). This proposal is motivated by the need for energy planning and evaluation and concerns for building energy capacity. The IAEA has been working in cooperation with nations such as China, the United States and Italy, among others and organizations such as the European Commission for Europe and Centre for Energy Policy (Taylor, 2007). The other aspects in this indicator include the land area taken up by nuclear facilities, contribution of the nuclear sector to the economy, the generation of waste, fatal accidents in nuclear sites, the pollution rate, expenses incurred in the nuclear sector and the intensity of energy. This proposal has been raised by the IAEA in various world summits and tested in fifteen countries, including Turkey, the US, China, Italy, Argentina, Pakistan and Mexico among others (Nuclear Energy Agency, 2006). The IAEA has also proposed energy availability indicators due to the need to test the technical and economic performance of plants (Goble, 2008). This proposal is amidst concerns for ensuring that plants and reactor sites consider the availability of energy and this is incorporated in analysing the life span of the sites. Additionally, this proposal acknowledges the increased investment in the nuclear sector, which requires the need for such an indicator to ensure reliability through enhanced economic and technical performance of plants and nuclear reactor sites. This will also boost accountability and provide entry restrictions in the sector. The HSE acknowledges the need for occupational health and safety and to this end has proposed the inclusion of organizational indicators (Nikolov, 2008). The motivation for this is the need to ensure problem-solving capacity and operational diversity for nuclear firms. It also enhances speed