10% Of EHS Decision-Makers Plan To Invest In Air Or GHG Emissions Software In 2017
According to the Verdantix annual survey of 301 EHS decision-makers, three per cent of firms intend to replace their existing commercial software for air or GHG management, a further 4% will invest in an upgrade with their existing vendor and an additional 3% plan to invest in air or GHG emissions management software for the first time. In aggregate, 10% of firms plan to invest in commercial software for air or GHG emissions management in 2017.
Investment plans align with air emissions regulations. In December 2016, China approved an environmental tax which will come into force in 2018. The tax rate will be 1.2 yuan ($0.17) per unit of atmospheric pollution. The rate will push Chinese factories to monitor their pollution levels but it is not sufficient to incentive them to, for instance, invest in scrubbers that would reduce sulphur dioxide emissions.
EHS software vendors with a presence in geographies with new or tougher regulations will benefit from planned spending by strengthening air emissions calculation engines or developing pre-built workflow for regulatory air emissions reports. EMEX, Enablon and Intelex, through its acquisition of Ecocion, are prominent EHS software vendors with pre-defined air emissions reports out-of-the-box as well as highly configurable air calculation engines. Dakota Software and Sphera Solutions are two of the small number of vendors which automate regulatory applicability tests at the site-level to generate compliance-ready outputs.