The inception of the Society for Reliability and Safety (SRESA) traces back to the early stages of the formation process, which commenced during the organization of the International Conference on Reliability Safety and Hazard in 2005. Officially, SRESA was established on December 26, 2010, when it received formal registration with the Charity Commissioner, in accordance with the Society Act. This significant milestone was the culmination of five years of dedicated efforts and unwavering commitment by the founding members. The by-laws of SRESA, duly approved by the Charity Commissioner, serve as the guiding principles for the organization's various operational aspects.

Initially, SRESA had fewer than ten members, all hailing from the Department of Atomic Energy. However, with the passage of time, the membership steadily expanded, reaching over 200 members in 2020. The current roster of society members encompasses professional scientists, engineers, and academicians representing a diverse spectrum of sectors, including R&D organizations, academic institutes, the energy sector, process industries, regulatory bodies, and transportation systems, among others.

The primary avenues through which SRESA aims to fulfill its objectives include the establishment of centers of excellence in the realm of risk and reliability, the organization of national and international conferences and workshops, and the facilitation of knowledge exchange among professionals, industry experts, students, and research scholars. These platforms provide opportunities for the dissemination of ideas, presentation of research and developmental work, sharing of experiences, and mutual learning, all contributing to the creation of a robust knowledge base. To enhance its outreach, the society employs various means, such as publications at the national and international levels, within institutes, and among student groups. Additionally, SRESA is dedicated to strengthening regulatory capabilities by actively participating in the development of codes and standards and issuing opinion papers, thereby advancing the implementation of industry codes that strike a balance between research and applied knowledge.

SRESA has successfully organized four national and four international conferences, making concerted efforts to publish the proceedings of these conferences through reputable publishers. The society has also hosted workshops focusing on identified themes, furthering its mission to foster collaboration and knowledge exchange within the reliability and safety domain.