Your Remaining 2020 EHS Budget: It’s a Race to Use It or Lose It

2021 Budget Use or Lose It

2020 was a bumpy road for all of us. Start 2021 ahead of the race by taking your remaining budget and uplevel your organization’s environment, health & safety and quality efforts. It’s time to “Use it or Lose it.”

As an EHSQ professional, you have been on the frontline of this pandemic. Maybe you discovered that you were missing some of the tools you needed to help your organization and employees survive and thrive. Now is the time to “use it or lose it” when it comes time to spending your EHSQ budget and get those tools you need to beat the competition when it comes to EHSQ performance. Since there’s not much time left until 2021, now’s the time to up-level your EHSQ strategy:

  • Be more agile with solutions that can evolve and adapt to changing internal and external factors
  • Be better at dealing with ongoing risks associated
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Low Oil Prices Create Opportunity for Forward-Thinking Upstream Companies

The oil industry has seen many booms and busts in its history, and it’s common in times of low oil prices for companies to face significant pressure to cut spending.  This can lead to production slowdowns, decommissioned rigs, layoffs and other cuts with similar far-reaching consequences. It can even lead to unsafe working conditions if the HSE budget also ends up on the chopping block.

Although commodity prices may be beyond your control, periods of downturn can create opportunities for companies to invest in their future by acting strategically now. Your safety program is one of the best places to invest your time and resources during this critical juncture, and we’re here to tell you why.

Get Ahead While You Can!

Currently, companies in the upstream oil industry are facing many of the same challenges and are being limited by many of the same constraints. This may sound comforting, but … Read more...

Intelex Top 5 Environmental Statistics – Sustainability Budgets and Priorities

Intelex Top 5 Environmental Statistics – Sustainability Budgets and PrioritiesThanks goes to Verdantix for this research, originally published in Verdantix’s 2014 Global Survey: Sustainability Budgets and Priorities. Verdantix is an independent analyst firm with a focus on energy, environment, EH&S and sustainability research.… Read more...