Latest / Event Industry News Podcast / Beyond Carbon: Measuring the True Value of Events
Transcript
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- 0:27Hello everybody, welcome along to the Event Industry News Podcast
- 0:31with me, James Dixon, wishing you all a very good morning, afternoon, or evening,
- 0:34whenever or wherever you tune into today's podcast from.
- 0:38And we often hear in the events industry about measurables
- 0:42and metrics and data and looking at how
- 0:46successful we've been by looking at figures and stats and all of that
- 0:50sort of stuff. And it's something that we've talked about on, you know, any number
- 0:53of occasions on this podcast with organizers, with tech providers,
- 0:58and it's kind of, I suppose, broadly speaking, what we're gonna be talking about today,
- 1:01but framed in a slightly different way if my sort
- 1:06of pre-recording conversation is anything to go by. I'm delighted to
- 1:10say that my guest today is Matt Gray. Matt is the founder of
- 1:14Event Decision, and we're gonna find out a little bit about
- 1:18Matt, about Event Decision first of all, before we get into the nitty-gritty of today's
- 1:22conversation. So Matt, first of all, a very warm welcome to the podcast. Nice to
- 1:25have you aboard. How are you? I'm very well, James. How are you? Not too
- 1:29bad at all, thank you. We're just beyond midday on a Monday morning
- 1:33at the back end of August. Um, I, you know,
- 1:36I'm, I'm, I always reference on the podcast that Mondays,
- 1:39it's, it's a hilarious day really that we record these because, you know,
- 1:43people are usually swamped with emails, busy, busy, busy. But,
- 1:47um, thanks for joining us first of all. You've just got off the back of
- 1:50a, of a sort of a 2-hour meeting yourself, so you're straight into
- 1:53this one here. Um, are you geared up for a good conversation today?
- 1:58Absolutely, ready when you are. And Mondays in August,
- 2:02it's always a funny time in events, isn't it? You know, most of our clients,
- 2:05customers, partners, and so forth, they're still on holiday.
- 2:08They are still on holiday, yeah. For some, it's the busiest time of year,
- 2:11for some it's the quietest time of year, depending on which end of the industry
- 2:14that you're working in. And so, you know, one of my guests
- 2:17earlier on today on a recording, you know, is embedded in the festival
- 2:21industry, so sort of rolled in at 4:30 this morning from a site that
- 2:25they've been working on. And of course, then you talk to people who are maybe
- 2:27more geared up towards the the sort of the trade show, the convention side of
- 2:31things, where of course, you know, nothing happens. You know, I walked
- 2:34past Excel a couple of weeks ago and it was the quietest that I'd,
- 2:38I'd really ever seen it. Um, you know, because who
- 2:41runs a trade show in, in August? No, but I would
- 2:45imagine those running, uh, Reading Festival, which starts in 2 days' time, will be,
- 2:49uh, putting a few hours in. Pretty,
- 2:51pretty snowed under. Um, Matt, for those of us joining today or
- 2:56listening to the podcast today who haven't come across Event Decision.
- 2:59It's a business that I am aware of. I've seen the name.
- 3:03I've seen you in the tech circles and the event circles before,
- 3:07but I think if I'm right, this is the first time that we've
- 3:11really had a chance to talk properly. So tell us a little bit about yourself
- 3:14first of all, and tell us more importantly what Event Decision is, why it was
- 3:17founded. Yeah, probably less about myself because I'm
- 3:21just an average event prof. I spent gosh,
- 3:2430 years now, circling the globe,
- 3:28delivering events for a variety of event management,
- 3:31production, creative agencies, always agency side,
- 3:35which, you know, it's allowed me a wonderful
- 3:39career, you know, staying in some of the
- 3:43really loveliest places venue-wise and destination-wise,
- 3:47delivering, you know, activations and launches and conferences and incentives and
- 3:51all those types of events, less so on the festival side, if I'm honest.
- 3:55Over 30 years, and, you know, there's a roof over my head and my
- 3:59children's heads and all those wonderful things that come with it.
- 4:03So yeah, 30 years of— I don't know, if you
- 4:06had to put something in brackets, you could put industry veteran. But yeah,
- 4:12you know, that all came to a shuddering halt almost
- 4:165 years ago to the week, actually, and we needn't go into
- 4:20the whys and wherefores of 2020 and 2021 in the
- 4:25events sector. But out of that were born a
- 4:28great number of new companies,
- 4:32and I'd love to say, you know, amongst the great and the good there
- 4:35is Event Decision, because we have
- 4:39really humble beginnings. We started measuring the
- 4:43carbon footprints of events, right, which is something that's probably
- 4:48a little bit more in your awareness now than was 5 years ago, and it's
- 4:51the same for most event profs around the world.
- 4:56But we've morphed within those, you know, short few years,
- 4:59eventful few years, to be able to quantify things
- 5:03like responsibility and authenticity and integrity
- 5:07and credibility, which is a far
- 5:12grayer area and amorphous terms than just
- 5:16sustainability and just carbon measurement. Because it's
- 5:21been driven by clients that are looking for a responsible, authentic supply
- 5:26chain and how can agencies and suppliers actually
- 5:30start to put proof points in place and to demonstrate really
- 5:35great product or service delivery.
- 5:38So it's a bit different to most people sort of put us in a carbon
- 5:41bucket, go, oh, you do the carbon footprints, don't you? And the answer is
- 5:45yes, we do thousands of them, but And I'm sure
- 5:49you'll come to possibly some of the most value that is
- 5:52delivered across the sector comes from some
- 5:56of those other words of how credible is your proposition, how authentic are
- 6:00you in some of the promises that you make from RFP
- 6:04through delivery and so forth. Yeah, a very different company to
- 6:08that which perhaps most people expect to
- 6:13bump into. We're still sought out after the sustainability
- 6:17piece, but actually a whole
- 6:21lot more value sitting behind that.
- 6:24What I liked sort of off the bat, if I may say so, is the
- 6:27name Event Decision. There's an awful lot of organizations and companies
- 6:31that work in the event industry whose name doesn't give away any inkling or any
- 6:35suggestion at all as to what they actually do. And actually, to create a
- 6:39business that's called Event Decision, what do you do? Well, we help event organizers make
- 6:43decisions. We give them the means, you know, and sort
- 6:47of the motivation, I guess, in some respects to actually make meaningful decisions on
- 6:51their, on their business. Um, and that, that's how I understand it.
- 6:55And the first thing I thought was, well, how great to actually have a company
- 6:57that's called itself, you know, something that actually relates to what they do.
- 7:01Yeah, well, thank you. Do you know, I've not thought about that before.
- 7:05It does give us the breadth to be able to bring in, you know,
- 7:08new, new service offerings. But actually, I know I always
- 7:11used to look at these companies, and I'll make some up here, but I don't
- 7:14know, like Orange Plum or Pink Shell
- 7:17or those sort of names that are cool and funky and don't really mean anything.
- 7:21But you're absolutely right. What we do is help event professionals
- 7:24make better decisions across
- 7:29the spectrum of the thousands and thousands of decisions
- 7:33that they make every single day. You know, whether it
- 7:38is focused broadly on kind of sustainability and responsibility, but then
- 7:42the authenticity and anything that ends in -ity.
- 7:46Various ones that, that we get involved in, and it's trying
- 7:49to quantify some things that are really, really hard to traditionally
- 7:53to measure. Well, when you talk about authenticity and,
- 7:57and credibility, there are 2 things that
- 8:01my own opinion, and it's purely based on just a gut instinct, is that the
- 8:06public today are far more savvy in identifying something that
- 8:10is not credible and not authentic, that they're better at sort of seeing through
- 8:14buzzwords and buzz phrases and things like that, which when we talk about the
- 8:18subjects of sustainability is a big danger for events because,
- 8:22you know, if you are doing things as a tick box exercise and a token
- 8:25gesture, I think that your audiences are far
- 8:28better tuned now to being able to see through that. Is that something that you've
- 8:32come across in your experience of the clients that you've worked with? All the time,
- 8:36you know, every single day, and through this
- 8:39conversation over the next 20 minutes or so, you know, we'll see that regulatory
- 8:44is almost always behind. In this respect,
- 8:47especially in sustainability, because the brand environment moves so
- 8:51quickly in the event sector, even quicker than that,
- 8:54some would say. So yeah, these wonderful words
- 8:57of authenticity and credibility and therefore a bit of integrity,
- 9:02and I challenge you to go and find— well, there's a few out there still—
- 9:05an agency in our sector or a
- 9:10consumer or a B2B brand that doesn't have some brand
- 9:14values somewhere attached on the website that use words like transparency
- 9:19and honesty and all those kind of words.
- 9:23And yet, and I needn't go into the
- 9:27best-known examples, you and everyone listening will
- 9:30be able to recall many off the top of their heads of brand events that
- 9:35don't necessarily reflect A, the brand,
- 9:38or B, the agency that is potentially pitching to that brand to go,
- 9:42hey, use us, we're a lovely bunch, here's a wonderful creative
- 9:46solution, sustainability at the top of our list of priorities?
- 9:49And if truth be told, we all know it's not. No,
- 9:53for the vast majority, that it is usually a line item
- 9:56near the bottom of the budget, and the agency
- 10:00can very happily go, the client was a bit worried about, you know, they didn't
- 10:03want to pay any money for this stuff, so we took it off the budget.
- 10:06Now, there's nothing inherent about, you know, you can do a lot of stuff
- 10:09with no budget to deliver a responsible and sustainable event,
- 10:13but what you can't do is measure it and therefore prove how
- 10:18well you are delivering this event, let alone
- 10:22compare it to your peer group or by region or by event type, or be
- 10:26able to actually show the social value that you generate as part of your
- 10:29event just by doing what you already do, or be able
- 10:33to say, hey, we align with 12 of the 17 United Nations SDGs and all
- 10:37that type of stuff. That will cost a couple of quid, and sometimes literally
- 10:41only a couple of dollars. Or euros or pounds.
- 10:45But that's the kind of space that we're trying to move into and
- 10:49rather successfully thus far is to be able to say, actually,
- 10:53how authentic is your pitch? Are you going to deliver what
- 10:58you say you do in terms of carbon mitigation or social value yield or
- 11:02those values that you hold dear to your heart?
- 11:05Yeah, the obvious thing to ask there and maybe other
- 11:10people are screaming it out as they're listening to this though, is that if they
- 11:13get you involved and you actually come to them and say, right, here's how we
- 11:16measure it and here's how we actually look at what you're doing here, even in
- 11:19this small— is the worry that actually they might have had no impact at
- 11:22all or even actually gone in the opposite direction?
- 11:26Well, I mean, it's actually quite hard to deliver an event with no carbon
- 11:29impact, which is what everyone's trying to squash down, rightly so.
- 11:34But it's also quite hard to deliver any event.
- 11:38And I emphasize the any because we've worked on events from global
- 11:42big sporting tournaments down to 50 people in
- 11:46a field for a day and everything in between.
- 11:49Guaranteed every single one of those events has what we call
- 11:53a social value yield. Yeah. London,
- 11:56let's go back to the famous one that you and I were probably around for
- 11:59just about In your case, London 2012. Look at the
- 12:03end of London now. Look at the legacy and look at the social value that
- 12:05that has created. Absolutely easy,
- 12:08right? And London went some way to even quantifying that.
- 12:12Paris, a bit less so, but still plenty of value added there.
- 12:16And we're just starting to talk to LA 2028. So there's
- 12:20a great deal there. Absolutely every single
- 12:24conference, launch, activation, festival, you name it,
- 12:28will generate a social value yield because it's people that
- 12:32deliver the event. Somebody scans you in a room,
- 12:35somebody checks your tickets, somebody hands you that cup of tea,
- 12:39somebody's behind the screens pressing buttons making it all work seamlessly and
- 12:43look really funky, somebody is cleaning your bedroom.
- 12:47All those, you know, sit within the social value yield
- 12:51of an event. Now we're not talking about going off and painting a changing room
- 12:55here or cleaning up a garden or doing a beach clean,
- 12:58right? Those are all great, valid,
- 13:02wonderful social— well, we have a name for them, don't we?
- 13:06CSR, corporate social responsibility.
- 13:10One can argue whether it's the corporate's actual responsibility to do that or they choose
- 13:14to do it. That's one thing and that sits over here
- 13:18almost like a team build word or a gala dinner. It's a bolt-on to the
- 13:22event. The social value yield of an event is
- 13:26the proportion of the budget that goes towards
- 13:29delivering value to the infrastructure of the event. Somebody's laying that
- 13:34carpet, somebody's going up and hanging that rigging, someone's doing the health and
- 13:38safety audit, somebody is
- 13:41really experienced and is transferring their skills to an apprentice
- 13:46or a junior or an associate or something. That's skills transference.
- 13:49Yeah. Counts towards it. There's so many,
- 13:53there's so much data that is sitting there within
- 13:57an event and you're already capturing it by the way, because it's there in your
- 14:00event schedules and programs and those or whatever you call them that
- 14:05no one's surfacing. Yeah. And no one's shouting about.
- 14:10And I went to the Business of Events run a policy forum every year
- 14:15in London. And the MP who was the head of the all-party
- 14:19parliamentary thing for events was there, lovely chap, and he said,
- 14:22right, you guys at events, you shout about the £68 billion
- 14:27that UK Events in November last year identified as the value of
- 14:31the events sector. I mean, that's a big number, James, isn't it? Huge number,
- 14:35huge number. Yeah, right. The government sat there and said,
- 14:38everyone's got a big number, every sector has
- 14:42got a big number and has got people lobbying them for
- 14:46more support, whether it's tax regime or employment or whatever.
- 14:52$68 billion is a big number alongside all of those numbers. It's great.
- 14:58You and I work in the sector that is paid to tell stories,
- 15:01and we never tell our own story. So now we could start to
- 15:05say, and this is what we deliver for some of our customers,
- 15:0994% of our people were paid at or above the living wage.
- 15:12X% of people delivered that or delivered Y, and we delivered, and we think,
- 15:16probably in the region of £12 billion worth of
- 15:21social value yield from events in the UK. Nobody's ever measured
- 15:25it, and this report doesn't even mention the word.
- 15:30I said on a recent edition of the podcast, we were talking about
- 15:34training and development and bringing, you know, new blood into the industry and how we
- 15:38go about doing that, that fundamentally the UK events industry is—
- 15:43I said that it's a a multi-billion dollar industry built
- 15:47on people who've accidentally fallen into it. And I'm Exhibit
- 15:52A. I, I, I've worked now as a freelancer for 16 years
- 15:56at all levels of the conference events industry, trade show,
- 16:00uh, and I, I used to sell advertising
- 16:03for a magazine publisher before that. You know, I had a
- 16:06background in live music, but my career was in advertising
- 16:10and selling, and I left that job
- 16:14because I was useless at it after 5 years and found myself accidentally freelancing.
- 16:1616 years later, have built a career working in the events
- 16:20industry. And, and my, my opinion, to throw it into
- 16:24the hat for what it's worth, is that until we actually
- 16:27get people coming into the industry because it's been a long-term ambition
- 16:31of theirs from being 12, 13, 14 years old to work in there, and giving
- 16:34them the appropriate training and background on the industry to do that, we're trying
- 16:38to reshape the thought processes of people who've kind of learned on
- 16:42the job, like me, for the most part. I'm not saying
- 16:46that that's exclusive, but this is probably one of the reasons why
- 16:49we're so poor at measuring and shouting about some of the things that we go
- 16:53on about, because we never meant to be here in the first place.
- 16:55Absolutely. And, you know, I fell into it, as do
- 16:59many people. When I first started doing events, there weren't event management degrees,
- 17:03and we can have the debate of the value of them another day. I'm sure
- 17:07they've been incredibly useful to many and there
- 17:11wasn't the power of events and there's doing school programs and all those things.
- 17:13So we're getting there, but where Event Decision sits is really at the
- 17:18end of that chain. All the infrastructure and the ecosystem
- 17:22around an event, as you'll know and all listeners will know, venue,
- 17:26agency, production, technical, creative, catering, da da da da
- 17:30da. How big that puzzle, jigsaw puzzle is dependent
- 17:34on the size and scope. Of the event. But every single event has
- 17:38a common outcome, and that is the event itself. And that is the bit that
- 17:42we measure. It's not an accreditation of part
- 17:46of that supply chain. Oh, you know, we've got this accreditation
- 17:50or that accreditation. Great. What does that mean for your output?
- 17:53Most other industries measure their product.
- 17:57Yep. Trustpilot makes a good living in doing that.
- 18:01If you've noticed, Uber based the entire proposition on,
- 18:05do you want this driver with 5 stars? That's their product,
- 18:08his product, that person's product. He could be the agency or the venue
- 18:11or whatever. He can sit there and go, my product has 5 stars.
- 18:16And yet so few people in the event sector measure
- 18:20their product in terms of sustainability, responsibility,
- 18:23credibility, etc. There are some very clever, intelligent people
- 18:27working away on the ROI in terms of sales attribution for those big conferences,
- 18:31for those big brands. Quite what the ROI is on a festival.
- 18:35How do you measure that excitement and happiness? You know,
- 18:38we're doing this 3 days before Reading and my children are going and they're gonna
- 18:42have a wonderful time, I'm sure. But in terms of the
- 18:46E and the S, which I'll say again,
- 18:49events are absolutely tailor-made to deliver, and then the
- 18:53kind of boring but super important G— insurance,
- 18:56risk assessments, health and safety, etc. Nobody's measuring
- 19:00that end piece. What is it that the client, whether they're
- 19:04a festival owner or a corporate or a brand or an association,
- 19:09how good is that product they get from building up all that supply chain?
- 19:14And that's the bit that people are just beginning
- 19:17to realize there is enormous value in
- 19:22quantifying and benchmarking the event.
- 19:26How do you actually do that? How do you go in and do that?
- 19:28How does it manifest itself if you go in and you want to do that?
- 19:31What are the tools that you're using to help sort of create these,
- 19:35not outcomes, but you know, the reports, the metrics, the data in order to lead
- 19:39ultimately to decisions being made? So 2 main ways, James.
- 19:43The first one is fairly well known as we talked at the beginning, carbon.
- 19:47So you can measure the carbon footprint and you can slice and dice that data
- 19:51and say, You know, our largest chunk was travel too, always the way.
- 19:55And you can have some learns from that for the next time.
- 20:00The vast majority of our customers and our partners tend to do that
- 20:04post-event. Yeah. So they're learning the lessons, but in retrospect,
- 20:09and they take those learnings, should that person stay with the organization, should the
- 20:13event not evolve and change format, location, destination too
- 20:17much. And so you're learning with a drag,
- 20:21if you like, and that's great. And it's called
- 20:25carbon accountancy in the real world. It's not
- 20:28the main reason that most people enter events, that most of
- 20:32us fall into events, as you just said, because they want to
- 20:36go and measure the carbon of it. It is, of course, an important
- 20:41global building block and way to compare and measure activity.
- 20:44So that's one way in which we can start
- 20:48to measure that. From Event Decision, it's called Track and it's delivered as a
- 20:52service, so there's no accountancy for you, we just deliver you the
- 20:56output. The second and the rapidly
- 20:59growing way we do that is what we would
- 21:03call an impact review, which looks at the E and the S and the G
- 21:07of your event, and it looks at how many factors across E,
- 21:10S, and G you are actioning and taking
- 21:14account of and trying to improve on each
- 21:17and every event, and that then starts to put data points in.
- 21:21So it's not always, you know, some very large events within
- 21:25the Impact Review tool, within the database, with very large
- 21:29carbon footprints. Nobody— does it have
- 21:32to be those though? Can it be smaller events? It can be large, medium,
- 21:36small, left, right, up, down. It really doesn't matter what type of event.
- 21:40Any type of event. And in fact, it's carried out by agencies,
- 21:43by brands, by corporates, and also supply side, so technical
- 21:48and production and audiovisual, but also by venues.
- 21:51Because as I said, all we're looking at is the event.
- 21:56How good is the event, or how good is your slice of the event?
- 22:00Now, I often have to hand one of these, which you may recognize.
- 22:04Ah, they're Trivial Pursuits. Yeah, trivials, you know, that's an event
- 22:08if you measure it all with all the constituent parts— travel, accommodation, food and beverage,
- 22:12technical, etc., etc. You can run an impact review
- 22:17if your view is this whole thing, or you
- 22:21can run an impact review if it's just the yellow slice or just
- 22:25the pink slice. That's fine because the factors that we ask
- 22:29you about, the things that you are or are not carrying out, are exactly the
- 22:34same. It doesn't matter. So you can start to then build up
- 22:37a database to go, okay, of all the constituent parts, this event
- 22:41is— and we'd normally put people in quartiles— but it's this good,
- 22:46or this good, or this good. It doesn't matter.
- 22:50And you compare, of course, when you're benchmarking. You can say, hey,
- 22:54our event is this good compared to global event performance.
- 22:58Or only events in the US, or only events in EMEA or APAC,
- 23:02or only for tech clients, or only for manufacturing clients,
- 23:05or event type, only conferences, activations, exhibitions,
- 23:09and so forth. So there is behind something
- 23:13called an Impact Review a really exciting database of
- 23:18how many event planners and deliverers are delivering up
- 23:22to 30 different factors across their events in E, S,
- 23:26and G. Some of them are very large events with very
- 23:30large carbon footprints. Doesn't necessarily score them
- 23:34badly because what we're looking at is, are they trying—
- 23:37are they recording it or measuring it, and are they trying to mitigate it?
- 23:42And you and I both know if you're going to fly to Vegas
- 23:46for a gig, you're going to have an associated high carbon footprint. And if you've
- 23:49got 10,000 people flying to San Francisco or
- 23:53Vegas from EMEA, it's going to have a very high carbon footprint.
- 23:56The best thing to do is how do we mitigate that best and
- 24:00not go offsetting? So that's how impact reviews work and
- 24:03they're really simple to carry out. In fact,
- 24:07it probably only takes you, James, 7 minutes to complete
- 24:11a full review and you will get so much value. And I
- 24:15think You're about to ask me about the value
- 24:20walks out the door. I was
- 24:23actually, if I may, I was going to ask you more about smaller
- 24:28events, something that I've referenced regularly on podcasts, and I'll tell
- 24:32you why and what my train of thought is, is that when I speak to
- 24:36people like yourselves and organisations and we use phrases like
- 24:40agencies and reports and, you know, analytics and everything,
- 24:44there's a kind of an— there is a whole strand
- 24:49of the events industry that I think gets almost sort of forgotten and
- 24:53disregarded in many respects, and that's these, the small events
- 24:56that form the bread and butter of the events industry up and down the UK
- 25:00every day. And the examples that I'm going to give you is stuff that I'm—
- 25:04and I consider myself lucky enough to work on. I'm a one-man band. I get
- 25:08to work as a freelancer in bigger teams for bigger events, but The day-to-day
- 25:13jobs that I do tend to be me on my own helping a small organization
- 25:17organize a small conference in a hotel or a venue somewhere around
- 25:22the country, maybe 50 to 100 people. I turn up on
- 25:26my own, I help them do their registration, I help them do their AV,
- 25:28their technical and everything, but they tend to be small events run by companies
- 25:32who often don't consider themselves to be event organizers. They're organizations that
- 25:36are running a little conference 3, 4 times a year for the people that they
- 25:40represent or the audience that they serve. And there
- 25:44are so— they disregard themselves sometimes because they think, well, it's— I'm just— I'm not
- 25:48really part of the bigger industry because I'm just running 2 or 3 small events
- 25:51for 60 or 70 people, you know, 3 times a year.
- 25:54But there are hundreds and hundreds of similar events of those types taking
- 25:57place that if we were able to measure those ones more
- 26:01effectively, we would actually have a much better data set across the
- 26:06entire events industry rather than reports and analytics being
- 26:09generated by big events with the, dare I say it, the budget to actually go
- 26:13and generate reports like that. And that's the point I wanted to make. I wanted
- 26:17to sort of understand where you sit sometimes with these smaller organizations.
- 26:20How aware are they that organizations like yours exist to
- 26:24help them and that they are part of that bigger industry?
- 26:27It's a really good question. And of course everyone chases the big brand names and
- 26:31the big sexy events, right? Because that's how you deliver well-known
- 26:36events. But actually, there's absolutely no reason, and a good majority— and on the back
- 26:40of your question, I'm going to go and look up after this call— the
- 26:45average number of delegates at an event decision reported,
- 26:48don't be frightened by the word analytics or report.
- 26:52You know, there's just as much value in 50 people for a
- 26:56day or a day and a half in a hotel in northeast England and just
- 27:01as much, I will argue until I'm blue in the face, that you can deliver,
- 27:05there's just as much value you can do in looking at the environmental aspects of
- 27:09that event as well as the social value. It doesn't
- 27:12matter, you may have a few more levers as the events
- 27:17get larger, the numbers will almost certainly get larger,
- 27:23and here's one thing to think about, definitely in the carbon side, the more people,
- 27:26because travel the largest factor, but also in the social.
- 27:30Don't forget, we're continually trying to depress carbon.
- 27:33We continually should be trying to
- 27:37push up the social value yield of an event. So it
- 27:41really doesn't matter the size of your event.
- 27:45We measured an event in Manchester last week
- 27:48for 28 people. There you go. Delivered a
- 27:52quantified social value just with those 28 people turning
- 27:56up. Thank you, Treehouse Manchester, turning up at an event for a breakfast
- 28:00meeting for 2.5 hours. It wasn't huge, but you're
- 28:04never going to get huge output from 28 people in a room for 2.5 hours.
- 28:07But there was one, and that is, you know,
- 28:11they were able to say, we've generated this much social value, this is how we've
- 28:14done it. And actually, in going through the review process,
- 28:18as I said, which is really quick and easy, we've identified
- 28:22ways to improve our event performance
- 28:25next time. Yeah, absolutely. Can I ask,
- 28:29is there still a— not confusion, but is there still a
- 28:33misalignment between a term like carbon impact and sustainability
- 28:38in the events industry, where people think that you use the
- 28:41term sustainability and they mis-reference that as carbon impact? Or yes, we need
- 28:45recyclable coffee cups that are made of tree bark, you know.
- 28:49It will— yes, have terminology helped
- 28:55us or hindered us when it comes to phrases like carbon impact and sustainability?
- 29:01I think yes is the answer. Terms are used interchangeably.
- 29:05If you draw a Venn diagram of all the terms, it's a right mishmash,
- 29:09if I'm honest. Carbon reporting fairly
- 29:13says what it does on the tin. You've got corporate social
- 29:16responsibility, you've got social value yield, you've got all these different— you've
- 29:20got event legacy, you've got local economic benefit, you've got all these things.
- 29:24It's really hard to— there is no, and probably never
- 29:28will be, a hard and fast, this is
- 29:32the right term and this is the wrong term. The ones we use,
- 29:35sustainability is slightly catch-all, but generally
- 29:38the event sector takes it as carbon.
- 29:42I like the word, and we like the word responsibility,
- 29:46because it automatically broadens you out into what are some of the social benefits
- 29:50that we can add to this. Those are real positive things, but with
- 29:54that comes a governance piece as well. Of course there does.
- 29:57And funnily enough, it's the technical side that has been leading this
- 30:01because they're the ones that hang heavy things from ceilings and play with power
- 30:06and things that explode on occasions deliberately— fireworks
- 30:10and whatnot— but hopefully not accidentally. So they've had a whole
- 30:14raft of regulations which those boys and girls we'll make sure that they
- 30:18abide by. But, you know, to be able to look at E
- 30:21and S and G, and we've noticed this term
- 30:25come up more and more recently, whether we've had anything
- 30:29to do with it or not, is we are part of a responsible supply chain.
- 30:32We deliver our product responsibly. Yes,
- 30:35there is a carbon impact, but— and it doesn't counterbalance it—
- 30:39there's also a huge social impact, and we take part
- 30:44of the governance, which you could put— call boring but important,
- 30:48yeah, of H&S and RAMMS and insurance and
- 30:52cancellation and all those exciting things. So actually, the word responsibility
- 30:57allows you to say we do what we do and we do it
- 31:02well. Hence, back to like your Uber
- 31:06driver rating or your Checkatrade rating. It's It's
- 31:09what is the product and how good is it, and that's something our sector
- 31:13has been missing for, you know, as long as I've been in it.
- 31:16I'm pleased that you referenced the sort of the technical aspect of the industry and
- 31:20the drives that they've made, because I think about if
- 31:24you look specifically at outdoor audio at a big event
- 31:28and how that has developed in the last 25, 30 years,
- 31:32the developments of the systems that they now use to deliver
- 31:36live sound at a big concert, an outdoor event, and there are
- 31:40any number of examples that we could probably give of events
- 31:44that 30 years ago or 20 years ago couldn't have taken place because
- 31:49they couldn't have been able to control the sound in the way that they can
- 31:52nowadays. So that there's tram lines, for example,
- 31:55in Sheffield— I'll pull that out as an example because I was there a few
- 31:58weeks ago— that takes place in Hillsborough Park that is surrounded by residential.
- 32:03You know, it's literally at the top end of Hillsborough Park is Hillsborough High Street
- 32:06in Sheffield. You know, a busy, you know, commercial shopping area.
- 32:11And an event like that couldn't take place unless they had the technology available
- 32:16in order to satisfy local residents, to be able to control the sound in a
- 32:20way that they can. And that's all become from people continuing to develop new
- 32:23ways and new ideas and new products and looking
- 32:27at their responsibility. And that's just an example
- 32:31of how we continue to drive events, but events that couldn't
- 32:34take place without those developments having been made. So we're seeing improvements in sound
- 32:40across events, but it's not just in trying to ring-fence the sound and keep
- 32:43it within the specified areas. Those of us who live close to
- 32:47Boomtown can attest, and it's not necessarily a bad thing,
- 32:50but, you know, the sound within an event is continually
- 32:55improving. And to be able to deliver these large events
- 32:59where actually, you know, you're not getting echo and reverb and all those horrible things
- 33:02near the back end, and I'm probably using the wrong terms, and I'm sorry,
- 33:05noise boys and noise girls, but to be able to run the
- 33:09delay and all those wonderful things with your arrays that you hang from all over
- 33:13the places to deliver an absolutely pitch-perfect
- 33:17sound wherever you are in the audience is
- 33:20incredible. So if we're not about improving the
- 33:25sound, the lighting,
- 33:27the visual stuff around the screens and the LED and all those amazing
- 33:32things that the technical people do, you know, it's probably
- 33:35one of the fastest moving parts of the sector, isn't it? There's always new tools
- 33:38and gadgets, but actually how they bring it all together,
- 33:42and I would wager that the average visitor,
- 33:45guest, attendee, festivalgoer, concertgoer won't
- 33:50notice the difference but will absolutely appreciate what they
- 33:55are seeing and hearing and receiving in return for their ticket money.
- 33:59All we're doing is saying, hey, rest of the sector, like,
- 34:03are we improving the end product?
- 34:06So there was some noise made— not literal noise, there was
- 34:10some column written, I think, about whether it
- 34:15was this year or last year's London Fireworks going, it's so overmanaged, parts of it.
- 34:18Now we get the health and safety and all that stuff, Yeah, but someone wrote
- 34:22a story about how they were put into this small space where there was nowhere
- 34:26to get food or drink or sit down and were kept within
- 34:30that sector, that little section on the embankment, for a
- 34:34fairly long period of time. And it was all very understandable in
- 34:38terms of health and safety and knowing where people are and having all their data
- 34:41to hand on the things that the iPads that people are carrying around, but the
- 34:45experience was not great. Yeah, so what are
- 34:49we doing to improve how well we deliver our product as an
- 34:53event sector environmentally, socially, and in governance terms
- 34:57overall? And that's where Events Vision sits in terms
- 35:01of how good is your product. We can benchmark you.
- 35:04How many SDGs do you actually align with? What is the social
- 35:08value yield of your event in pounds, in euros,
- 35:11or in It doesn't matter what type of event. It can be 10,000
- 35:15people, it can be 50 people, it can be
- 35:18in western Texas, in southern France, or in Singapore.
- 35:22It doesn't matter. It's an event. The building blocks are the same,
- 35:26and therefore we can benchmark you and show
- 35:29you if you're not where you want to be, how to get there.
- 35:33It's really simple. Absolutely.
- 35:36Event organizers and people who worked in the industry obviously lost huge
- 35:41amounts of business 6 years ago and 5, 6 years ago. Would it—
- 35:44would event decision exist had it not been for the pandemic?
- 35:48And would we be having conversations around sustainability
- 35:52and carbon impact had we not had the pandemic and it forced organizers
- 35:56when they did have the opportunity to come back to actually look at budgets and
- 36:00go, oh crap, you know, we're gonna have to really, really just monitor things
- 36:04a little bit more closely? Was it a bit too much of a cavalier attitude
- 36:08prior to the pandemic? I think probably not. I think
- 36:12we were all consumed so with delivery, you know, events are all
- 36:15special, unique, and bespoke, and different, and creative, and deliver ROI, and that's
- 36:19great. But actually, at global or even national level, they're like
- 36:23oranges flying off the shelf of a supermarket, you know, there are
- 36:26tens of thousands every single day. We were so
- 36:30busy delivering, delivering, delivering, and delivering, trying to deliver more
- 36:34creative solutions, that perhaps I will never say COVID was a
- 36:38good thing, but it certainly gave the event sector a huge number of headaches,
- 36:42literally and figuratively, I guess. But also gave
- 36:45some people within the sector the chance to sit back
- 36:49and go, oh, can we do this better? And how will we reapproach
- 36:53the market post-COVID? So I would never go as far as
- 36:56saying it was a good thing because clearly it wasn't by
- 37:01some margin, but actually some people had some time for
- 37:05thought, and the speed with which conversations around sustainability came to the forefront
- 37:10may have been something to do with lack of delivery pressure
- 37:14during those years. Absolutely, no, no,
- 37:18I would agree wholeheartedly with that. Not a good thing, but led
- 37:22to a lot of good things arguably because of the ability
- 37:26and the luxury that it gave, which you don't often have in an industry like
- 37:30the events industry, of time. Of being able to actually take
- 37:34a step back for a bit and go, okay, we can't do what
- 37:37we usually do, what can we do? What are the things that we would like
- 37:41to do that we never get a chance to do? And I think that it
- 37:46was a pathway that was opened up that was unexpected but arguably much needed
- 37:50and has brought us to a better point as a result of it. I can't
- 37:54agree more, and it's up to now us and other companies like Event Decision to
- 37:58maintain that momentum and ensure that people follow through with
- 38:02the promises that they make on the outside of the tin with
- 38:07the content within the tin, if you like.
- 38:10It's not always the case, and you and I and most listeners will know that
- 38:14it is not always the case, and it never will be, but we
- 38:18can certainly start to push people to say the end product
- 38:22is getting better, and better and better. And that's really
- 38:25why— would Events Vision exist because of it? I don't know is the
- 38:29honest answer. Who knows? We can't rewind the clock and find out.
- 38:32The point is that we are— you are here and we are here indeed.
- 38:37So yeah, and what a fun and exciting— and we're vastly different
- 38:41to where we were 5 years ago. You know, we started— I remember measuring the
- 38:44first carbon footprint for the first event we measured, and the invoice is still
- 38:47on the wall over there. And yet, you know,
- 38:51within those 5 years, we're now over 200 event
- 38:54organizations, whether they're supply-side, agency,
- 38:58corporate brand. We've got destinations using these tools now
- 39:01to prove how well they can deliver their product when their
- 39:05guests arrive. We've got agencies using it to win business.
- 39:09As you say, you turn up at the pitch, hi, we're a lovely bunch,
- 39:12here's our solution, it's obviously within budget, and here's
- 39:17how well our solution benchmarks against industry
- 39:20data. We've got enough data now. We're not a Google
- 39:25data lake, we're more of a puddle, I would say. But there are north
- 39:28of 10,000 event data points now within the tool that say it
- 39:32can show you where your event sits in ESG compared to
- 39:36other events. We will never publish your data,
- 39:41it's your data. Yeah, but if it comes out well,
- 39:44should you shout about it? Absolutely you should. My word,
- 39:49and that's back to our sector, just doesn't shout about
- 39:52the positive news stories and the positive social
- 39:57stuff that we are already delivering. Last year,
- 40:01I will wager our sector in the UK alone developed $12 billion—
- 40:05billion dollars in the UK? What am I talking about? Billion pounds
- 40:10of social value just by doing what we all— what you
- 40:14do what the technical guys do, what the agencies, the logisticians,
- 40:18food and beverage people, catering companies I
- 40:21think they're called, what would you do? And no one's counting it.
- 40:25So why are we not doing that? Because you can.
- 40:29Yeah, absolutely you can. And if you want to find out more about that,
- 40:33I think, Matt, Event Decision is your website, isn't it?
- 40:36eventdecision.com? eventdecision.com. There we go. So if you want
- 40:41to find out more about what Matt and the team there are doing, eventdecision.com.
- 40:43And I dare say find you on LinkedIn, the socials, all of that sort
- 40:48of stuff. If people inevitably get to the end of today's podcast and go,
- 40:51why didn't you ask that question? If they want to get in touch with you,
- 40:55all the socials and LinkedIn, all that sort of stuff. Yeah, it's all there,
- 40:58ventdecision.com, and then I'm Matt Gray.
- 41:01I'm trying to be all over LinkedIn, so do me
- 41:05a favor and find me there. Fabulous. It's been great speaking to you today,
- 41:08Matt. Really interesting conversation and one that it can lead
- 41:12in so many different directions. Is the beauty about this, this sort of conversation.
- 41:15You know, you can focus on specific areas. It's quite a broad conversation that
- 41:19we've had today, so if you do have something more specific that as an organizer,
- 41:23as we've discussed today, big or small, as an agency, if you want to find
- 41:27out a little bit more about what Matt and the team there are doing and
- 41:29you've got specific stuff that you want to ask, use those, those methods that we've
- 41:33just shouted out to get in touch with them, because it's a really, really important
- 41:36part of the industry regardless of the size of event that you're organizing. That you
- 41:40look at this in a bit more detail and take it beyond the kind of,
- 41:44you know, overarching conversation that Matt and I have had
- 41:47today. But yeah, it's been a real pleasure to talk to
- 41:51you today, Matt. Thanks for joining us. My pleasure. Thank you, James.
- 41:54Just a couple of things for Event Industry News before we wrap up today's podcast
- 41:58finally. As always, if you are watching today's podcast on the Event
- 42:02Industry News website, thank you very much for doing so. Please do make sure that
- 42:06you take a few moments to look at the news features, special supplements that are
- 42:09all available on the website. Of course, course, along with this supplier
- 42:12directory. If you work in the events industry and you are looking for a product,
- 42:16service, or supplier, the chances are that you will find it in the comprehensive
- 42:20supplier directory that's available on this very website.
- 42:24You may have started your journey today by listening to us on your audio
- 42:28podcast platform whilst you're out and about walking the dog, working, sat at the
- 42:32laptop, whatever you may be doing. If you've listened to us today on your audio
- 42:35podcast platform, thank you very much for tuning in. Please do make sure that you
- 42:38like and subscribe on your platform to make sure that you get all of the
- 42:41episodes, and do take a few moments when you finish listening to us to
- 42:45head over to eventindustrynews.com and check out all of those things
- 42:49that I have just mentioned. My thanks again to my
- 42:52guest today, Matt Gray from Event Decision. My name is James Dixon. We'll see you
- 42:55all on the next edition of the Event Industry News Podcast.