EHS spending expected to increase in 2016, global survey finds
London – A recent survey of environmental, health and safety professionals across the globe found that three-quarters expect EHS budgets to increase for 2016.
Results from the survey, conducted by independent research and advisory firm Verdantix, showed that “the direction of EH&S budgets in 2016 is positive overall.” At least 10 percent of respondents in four regions – India, the Middle East, Australia and the United Kingdom – expect double-digit spending EHS increases. Among respondents from the United States:
- 2 percent expect spending to increase more than 25 percent
- 4 percent expect spending to increase 10 percent to 25 percent
- 28 percent expect spending to increase 5 percent to 9 percent
- 26 percent expect spending to increase 1 percent to 4 percent
- 34 percent expect no change in spending
- 6 percent expect a budget reduction
Australia, the United States and the Nordic region had the largest number of respondents expecting flat or reduced EHS budgets.