Environmental management budgets to surge in 2014 says report

More than 62% of corporations worldwide will increase spending on environmental management initiatives in 2014 and 31% will increase spend in the double-digits, according to a new report, writes Edie.net.

Independent analyst firm Verdantix surveyed 250 heads of environment, health and safety (EH&S) in 13 major economies and found that just 3% plan to cut spend in 2014 compared to 2013, whilst 36% will hold spending in line with inflation.

“Spending on environmental issues such as air, soil and water pollution, permitting, waste, water and GHG emissions is in robust shape in 2014″ said Verdantix CEO, David Metcalfe.

Particular hotspots for global environmental spending in 2014 will be EH&S software, environmental reporting, auditing and compliance, while product sustainability has also emerged as a priority theme for 2014.

Read more on this story at Edie.net

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