10 EHS Technologies With A Rapid Financial Return

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Executive Summary

The adoption of EHS technology remains a priority, as firms seek to maximize the productivity of a limited workforce while providing safe working environments during uncertain economic conditions. This report evaluates 10 EHS technologies that deliver rapid financial returns by reducing compliance costs, mitigating worker accidents and improving worker productivity. It leverages case study data to provide context and implementation considerations for successful technology adoption. The report identifies three mature technologies: EHS software, EHS mobile applications and Internet of Things (IoT) sensors; four growing technologies: digital training, fleet safety telematics, process safety management (PSM) software, and unmanned aerial vehicle (UAV) solutions; and three recently launched technologies: AI-enabled compliance, computer vision and industrial wearables. The analysis finds that firms generally experience financial returns from consolidating their EHS solutions in a single platform, leveraging data to inform business strategy and empowering front-line workers with tools to streamline their tasks. EHS executives can use this report to evaluate similar technology use cases, to determine their applicability to their organizations. 

Table of contents

Economic Uncertainty Will Encourage Firms To Adopt Quick-Win EHS Technology 
EHS Technology Adoption Considerations During Economic Uncertainty
Three Mature EHS Technologies Seeing Widespread Implementation
Four Growing EHS Technologies With a Strong Financial Return Track Record
Three Recently Launched Technologies Promising a High Financial Return

Table of figures

Figure 1. Summary Of 10 EHS Technologies With A Rapid Financial Return
Figure 2. Case Studies Of 10 EHS Technologies With A Rapid Financial Return

About the authors

Nathan Goldstein

Senior Analyst, EHS

Nathan is a Senior Analyst in the Verdantix EHS practice out of the Boston office. His current research agenda focusses on the intersection of Sustainability and ESG trends with the EHS operational sphere. Prior to joining Verdantix, Nathan worked at Bluefield Research where he gained experience in consulting and market research within the global water industry. Nathan holds a MSc in Water: Science and Governance from King’s College London.

Rain Chiang

Rain is an Analyst in the Verdantix Environmental, Health, and Safety practice. His current research agenda focuses on evaluating the financial return of proven EHS technologies. Prior to joining Verdantix, Rain worked at Deecon Consulting where he gained project management experience in the UK construction and telecommunications industry.  Rain holds a Master of Arts degree in Economics and Politics from the University of Edinburgh.  

Tom Brown

Industry Analyst
Tom is an Industry Analyst in the Verdantix EHS practice. His current research agenda focuses on technology mega-trends, EHS software, and sustainability. Tom joined Verdantix after graduating from the University of Nottingham with a M.Eng. in Chemical Engineering, with particular focus on Process Simulation and environmental sustainability.

Christopher Sayers

Industry Analyst

Chris is an Industry Analyst in the Verdantix EHS practice. His current research agenda focuses on digital mental health and wellbeing solutions. Chris joined Verdantix in 2020 and has previous experience at EY, where he specialised in robotic process automation (RPA). He holds an M.Eng. in Engineering Science from Oxford University with a concentration in machine learning and machine vision.

Bill Pennington

Research Director, Environment, Health & Safety

Bill leads the Verdantix Environment, Health & Safety practice. His current agenda focuses on EHS and sustainability services, product stewardship as well as benchmarking EHS technology buyer’s budgets, priorities and preferences globally. Bill comes from a background of corporate EHS roles in the manufacturing and logistics industries. He holds an MBS degree in sustainability from the Rutgers University.

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