Most firms aim to boost budgets for worker safety in next three years: EY

Author: CFO Dive
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Work-related accidents and diseases annually take the lives of 3 million people worldwide, a 5% increase compared with 2015, the International Labor Organization said in a 2023 report.

Malignant neoplasms, and circulatory and respiratory diseases contracted at work led to most of the 2.6 million deaths, with the other fatalities caused by accidents, the ILO said. Agriculture, construction, forestry, fishing and manufacturing are the most hazardous industries.

Promoting health and wellbeing is the top reason organizations have increased EHS spending during the past three years, according to EY.

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