TIC Council is happy to share our landmark report on the Value of the Testing, Inspection and Certification sector, developed jointly by the international law firm Steptoe and the London-based consultancy Europe Economics.

The report illustrates, using data and case studies to support the claim, how the testing, inspection, and certification sector benefits a variety of stakeholders across a large number of sectors and industries around the world. It highlights how the TIC sector delivers “significant, and sometimes massive, net benefits to society”, conservatively estimating that TIC involvement will generate a global annual saving of $21.5 billion from reduced healthcare expenditure, thanks to its focus on the UN SDG on good health and wellbeing​​​​​​, among other notable results.

You can find the study here, and we welcome you to share it with anyone who might be interested in our and our members' activities.