Global Corporate Survey 2023: Mid-Market EHS Budgets, Priorities And Tech Preferences

Executive Summary

This report assists EHS decision-makers and vendors in understanding the unique priorities of the mid-market, by examining a subset of the Verdantix 2023 global corporate EHS survey. Mid-market EHS executives can use the report to benchmark their function’s budget, investment priorities and technology preferences relative to their global peers. Verdantix focuses on global respondents from firms with $250 million to $1 billion in revenues, encompassing 18 countries and 22 industries. Of the 75 mid-market respondents, 66% held EHS decision-making titles of director and above. Analysis reveals that mid-market EHS functions are operating with constrained budgets, while their responsibilities for managing ESG reporting and product compliance are expanding. In response, these decision-makers are carefully planning investments in technologies to digitize core EHS functions, while beginning preparations for greater ESG scrutiny. Verdantix sees the mid-market EHS function as well-positioned to withstand future regulatory pressure, so long as it can successfully engage executive teams on budgets and elevate its technology maturity.