The CIC document, set to be finalised in the next two weeks, will be underpinned by action plans devised by member organisations.
It is one of four safety plans that will be put forward at the 27 February summit, which will include a keynote address by deputy prime minister John Prescott.
Watts added that better information was needed about the causes of accidents.
He said: "It is too black and white at the moment. There should be an independent research analysis carried out on what is causing accidents.
"The HSE does a full report on each accident but the information is not available to anyone."