The offshore wind sector is one of the key sources for producing renewable energy. Though there is a rapid growth in the offshore wind sector, there is still a dearth of synchronization in HSE (Health, Safety and Environment) standards. This paper attempts to ascertain what are the major challenges of the company specific HSE standards, why does the offshore wind industry need a standardized HSE management system and who can play the key role in this process? To achieve these objectives, this research applies the interview and survey techniques. The research identified several key challenges such as gaps in coordination and communication among the stakeholders, gaps in incident reporting systems and the absence of a common HSE standard to overcome these challenges. Seven stakeholders were identified who can influence the development process of a harmonized HSE management system. However, the operators and turbine manufacturers are the key stakeholders to play role in this development process. The results of this study provide the top management to understand the problems associated with the current un-harmonized company specific HSE management systems and how to address these problems by creating a common HSE management standard to achieve the goal of 'zero accidents'.