November 13, 2017
How Are EHS Managers Spending Their Budgets?
Atlantic Training specializes in online training concentrating on workplace safety, HR compliance and soft skills.
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A global survey of 382 environment, health and safety directors has uncovered that EHS budgets will increase by an average of 5.4 percent in 2018. The survey was conducted by independent research firm Verdantix in 31 countries and 25 industries worldwide.
“Our global survey finds that in 2018, 21 percent of EHS leaders will increase spend in double digits, 26 percent in single digits and 48 percent will spend the same budget as in 2017,” commented Verdantix analyst Isabel Velasco. “Overall, this is good news for EHS technology, consulting and training vendors. Against a positive economic backdrop, almost half of the corporate world is planning to increase investment in their safety, health and environment initiatives.”
Key findings of the report, “Global EHS Leaders Survey 2017: Budgets, Priorities & Tech Preferences,” include:
- 42 percent of EHS directors will increase spend on technology but only 29 percent will ramp up investment on EHS consulting.
- 35 percent of respondents will prioritize spending on worker safety while 20 percent intend to increase investment in GHG emissions.
Read Full Article At Ehstoday.com
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