Survey finds worldwide EHS budgets to increase 5.4% in 2018
The largest, annual global survey of environment, health and safety directors has uncovered that EHS budgets will increase by an average of 5.4% in 2018. This is according to a new survey of 382 EHS directors conducted by independent research firm Verdantix in 31 countries and 25 industries worldwide.
“Our global survey finds that in 2018, 21% of EHS leaders will increase spend in double digits, 26% in single digits and 48% 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.”