2024 TARGETS
AND PROGRESS
Our targets are a way to measure the positive impact we can have responding to the climate crisis. Here’s how we did in 2024:
AND PROGRESS
Our targets are a way to measure the positive impact we can have responding to the climate crisis. Here’s how we did in 2024:
Carbon emissions (tCO2e)
2024 TOTAL: 270.04 tCO2e
2023: 662.99 tCO2e
reduction
2024 FULL TIME EQUIVALENT (FTE): 4.54 tCO2e
2023: 11.98 tCO2e
reduction
2024 PER MILLION OF REVENUE: 28.79 tCO2e
2023: 78.50 tCO2e
reduction
Total emissions by scope
2024 SCOPE 1: 0 tCO2e
2023: 0 tCO2e
2024 SCOPE 2: 0.40 tCO2e
2023: 0.74 tCO2e
2024 SCOPE 3: 270.04 tCO2e
2023: 662.25 tCO2e
Emissions by activity (tCO2e)
Information technology
Employee commuting
Venue energy
Event food & drink
Business travel
Office energy, water and waste
Advertising
Event build, materials and waste
Other
2024
2023
2024
Information technology
Employee commuting
Venue energy
Event food & drink
Business travel
Office energy, water and waste
Advertising
Event build, materials and waste
Other
2023
Information technology
Employee commuting
Venue energy
Event food & drink
Business travel
Office energy, water and waste
Advertising
Event build, materials and waste
Other
OUR 2024 TARGETS
Become a certified B Corp by 2024
ACHIEVED
Work as part of the SME Climate Hub and the event industry’s Better Stands initiative to help others become more sustainable
ONGOING
Reduce emissions by 50% by 2030
ON TRACK
We established our reduction targets in 2022 from generalised data. We have since worked to refine our data collection and understanding of actions needed to get to net zero. This means our targets reported below, are now not appropriate for our current situation and the best actions to get to net zero. We continue to report them for this year and will be re-setting our targets for 2025/2026.
TARGET
RESULTS - per FTE
REASONS WHY
Reduce direct electricity and water consumption by 2% per person annually
We met our reduction target
Reporting for electricity and water is based on a multi-occupancy building where responsibility for energy, water supply and apportionment rests with the Landlord.
We are working with our Landlord to get separate meters to report accurately.
Reduce Scope 1 and 2 emissions by 2% per person
Scope 1 and 2 emissions increased by 21% per person year on year. From 0.74 tCO2e to 0.89 tCO2e
This increase is driven by the shared electricity supply to our office no longer being 100% renewable. A purchasing decision out of our direct control, though we continue to try to influence this.
Reduce Scope 3 emissions by 2% per person
Reduced Scope 3 emissions by
year on year
This reduction is driven by prioritising suppliers that use renewable power (venues and IT data centres) and a determined focus to collect ‘carbon’ data instead of ‘spend’ data for our event food and drink purchasing.
Divert 100% of all waste from landfill at our offices
Our waste management company segregates all waste and ensures it is disposed of in the correct manner.
Refine and collect better carbon data
We have made great strides in switching away from spend-based data, to data sets which more accurately report our carbon impact. We have also set up a robust accounting methodology system
Spend-based data did not reflect the carbon savings our purchasing decisions were making, such as vegan menus, re-useable serveware, prioritising venues with renewable power etc. We now more accurately report our impact.
Like most businesses, Scope 3 emissions account for most of our carbon footprint (+99%). Our main Scope 3 impacts are: IT systems, infrastructure and platforms and event food and drink.
We continue to update our methodologies to improve approaches to carbon accounting and transparency. Our reporting methodology process and terminologies can be viewed here.
2024 PROGRESS
kwh converted
On Awards & Conferences, we converted nearly 60,000kwh of energy usage to clean energy by prioritising venues that source renewable energy.
recycled carpet
After trialling recycled carpet at Utility Week Live in 2023, we rolled out 100% recycled carpet at the event in 2024.
Following updated reporting advice, our office energy emissions decreased due to not reporting home energy for our people working from home in 2024.
Despite the increase in delegate numbers, emissions from food at our events decreased by 85%. This is due to switching from spend-based data to a TRACE methodology meaning overall carbon emissions more closely reflect our impact. Plus a continued focus on purchasing decisions and reducing food waste.
tCO2e saved
We have also seen a big reduction in our IT emissions, despite an increase in spend. This is driven by our carbon reporting platform using a more detailed carbon factor for IT spend to more closely reflect our impact. Also moving our Web and Cloud hosting to a supplier using 100% renewable energy for their data centres, saving nearly 10 tCO2e.
We joined the Better Stands global industry pilot scheme as one of 11 event organisers – working collaboratively to reduce single use disposable stands at exhibitions in favour of reuseable structures.