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consumer psychology for event profs

What #EventProfs can Learn From a Pineapple

June 27, 2023/in event:decision

What lesson does a tropical fruit hold for #EventProfs?

Consumer psychology plays an important role in influencing individual behaviour and decision-making. As #eventprofs look to promote sustainability among attendees, understanding how consumer psychology works can be a powerful tool. Two lessons from the retail industry — new approaches to selling pineapples and the success of ‘wonky veg’— offer useful lessons in what it takes to win over the consumer.

The Power of Perception: The Pineapple

In Costa Rica some pineapple growers found that cutting off the tops (‘crowns’) of pineapples allowed more fruit to fit in shipping crates, reducing their carbon footprint by more than 20%. Other growers and European supermarket chains all rejected the idea of adopting the approach as they felt consumers just wouldn’t buy the fruit without their distinctive tops. However, one retailer was persuaded to display the crown-free pineapples with signage explaining their sustainability benefits, and to their surprise – consumers bought as many crown-free pineapples as crowned ones.

The Lesson for #EventProfs:

If we want to encourage sustainable behaviour, we need to commit to education and use signage and visual cues to highlight the available sustainable choices at our events. We can’t assume that visitors will reject, or accept, sustainability efforts without telling them the why of the option we’re asking them to take. We may believe that human beings are inherently lazy and will prefer the familiar or the easy option – but if we take some time to explain the benefits, the pineapple story tells us we will indeed adopt alternatives. Don’t assume it always has to be done the way it’s always been done!

Social Norms: the ‘Wonky Veg’ Story

The ‘wonky veg’ phenomenon also demonstrates the power of social norms in consumer psychology. One supermarket started promoting misshapen vegetables, which would typically fail strict quality control, as a sustainable choice at a slightly lower price. By reframing the unusually-shaped vegetables as an ethical option, visually flagging that a deliberate choice had been made in the shoppers’ baskets and trolleys, they tapped into the desire for social acceptance, aligning sustainable behaviour with a positive image.

The Lesson for #EventProfs:

We can leverage the concept of social norms by highlighting and celebrating sustainable actions taken by others. For instance, recognising and rewarding attendees who actively engage in eco-friendly practices during the event, such as using reusable water bottles or participating in recycling initiatives, can create a positive social norm around sustainability. This approach taps into our inherent desire to belong and be accepted, increasing the likelihood of sustainable behaviour.

What it Takes to Encourage Sustainable Behaviour at Events:

Using crown-free pineapples and wonky veg as our inspiration how can we leverage consumer psychology in other ways to encourage sustainable behaviour at events? One example might be in the area of encouraging sustainable travel choices.

Encourage carpooling or public transport by incentivising more sustainable travel: additional digital swag, fast-track entry or free content for delegates or visitors travelling via public transport, or example, or offer subsidised tickets, WiFi or coffee vouchers for delegates adopting your sustainable credentials.

Using the same approach, also take the opportunity of highlighting to visitors what previous sustainability efforts have achieved by way of encouraging repeat behaviour. “At one event alone, we saved 33 meals which were shared with 7 local families. The environmental stats also add up, with 10,420 litres of water saved and 60kg of CO2 emissions avoided. Just think of the impact across our series of 10 events” is a genuine quote from a corporate planner in May 2023.

Understanding consumer psychology can be incredibly useful for event planners as we aim to promote sustainable behaviour. By applying lessons from other industries, event planners and owners can create environments that inspire and encourage sustainable choices. By choosing to educate everyone involved in the event on the benefits of sustainability, events can become powerful catalysts for positive change, promoting a more sustainable future.

If you’re interested in finding out more about sustainable event planning, why not use track  to calculate your own event’s projected carbon footprint? Do get in touch, we can give you a demo to illustrate just what it could do for you.

https://eventdecision.com/wp-content/uploads/2023/06/Pineapple.png 768 1024 eventdec https://eventdecision.com/wp-content/uploads/2022/07/mainlogo-ed.png eventdec2023-06-27 03:00:422023-07-10 13:36:28What #EventProfs can Learn From a Pineapple
CSRD

Why UK Event Planners Can’t Ignore the EU Corporate Sustainability Reporting Directive (CSRD)

June 20, 2023/in Track

What are the implications for UK event planners of the EU CSRD?

The EU Corporate Sustainability Reporting Directive (CSRD) is a significant development in corporate reporting, and it begins with mandatory reporting in 2025 for the 2024 financial year for large companies. While the United Kingdom has exited the European Union, its impact on companies operating in the EU shouldn’t be underestimated. In this article we aim to provide UK event planners with a comprehensive understanding of the CSRD and the implications it holds for our industry.

Understanding the CSRD

The CSRD, proposed by the European Commission, represents a major step towards creating a more sustainable and transparent business environment within the EU. It is an extension of the existing Non-Financial Reporting Directive (NFRD) and aims to enhance corporate reporting by introducing stricter sustainability disclosure requirements. The directive seeks to introduce more comprehensive reporting standards and ensure that companies disclose information aligned with internationally recognised frameworks, such as the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB).

The CSRD will require companies operating in the EU to:

  • Publicly report their ESG performance as it aligns with the CSRD – and do this annually.
  • Report on their entire value/supply chain, not just their own operations.
  • Ensure due diligence, which will be mandatory.
  • Get ‘limited’ assurance on their sustainability reporting from a trusted third party who will audit their data to ensure it’s accurate and legitimate.
  • Roll out the process in a timeline spreading over several years, starting with larger companies first.

Implications for UK Event Planners

While event planners may not immediately associate themselves with sustainability reporting, the CSRD has far-reaching implications for the industry. Event planners in the UK cannot afford to ignore this directive for the following reasons:

  1. Client expectations and reputation: in an increasingly sustainability-conscious world, businesses are prioritising environmentally-friendly practices and seeking partners who align with their values. Companies that operate within the EU and adhere to the CSRD requirements will be under pressure to work with event planners who can contribute to their sustainability goals, as they have to report on their entire value and supply chain. Ignoring the CSRD may lead to missed opportunities, loss of clients, and damage to the reputation of event planning companies that fail to integrate sustainability practices into their operations.
  2. Regulatory compliance: although the UK is no longer an EU member state, event planning companies operating across borders or organising events within the EU will still need to comply with the CSRD. Non-compliance could result in both reputational damage & legal consequences including fines. By staying ahead of the game and proactively aligning practices with the CSRD, event planners can ensure compliance, minimise risks, and maintain a competitive edge in the EU market.
  3. Event impact and reporting: the CSRD emphasises reporting on environmental, social, and governance (ESG) factors. Event planners can expect increased scrutiny regarding the sustainability impacts of the events they organise, including carbon emissions, waste management, and community engagement. Meeting these reporting requirements will necessitate a greater focus on sustainable event management practices, from sourcing eco-friendly suppliers and reducing waste to promoting social inclusivity and incorporating diversity. By proactively incorporating sustainability into all event planning processes, planners and agencies can demonstrate their commitment to responsible business practices and meet the expectations of clients, attendees, and regulatory bodies.

To navigate the changing landscape effectively, event planners in the UK should consider the CSRD as a huge opportunity – one that will help them effectively integrate sustainability into their business practices. By staying informed about the directive’s developments, understanding the reporting requirements, and actively pursuing sustainable strategies, event planners can position themselves as leaders in the industry, attract a wider client base across the EU and beyond, and contribute to the global sustainability agenda.

The introduction of the EU Corporate Sustainability Reporting Directive may seem unimportant to UK event planners right now, because of Brexit. However, the interconnected nature of business and the global focus on sustainability means it’s vital for event planners to sit up and pay attention. By proactively embracing sustainability reporting and aligning their practices with the CSRD, event planners can gain a competitive advantage, foster client trust, ensure regulatory compliance, and contribute to a more sustainable future. Ignoring the CSRD is not an option; it’s time for event planners in the UK to embrace the opportunities it presents and lead the way towards a more sustainable event industry

If you’re interested in finding out more about how our event carbon footprint calculator – track – can help achieve CSRD compliance and reporting requirements. Please get in touch, we can give you a demo and show you some more sample reports to illustrate what it could do for you.

https://eventdecision.com/wp-content/uploads/2023/06/CSRD.png 768 1024 eventdec https://eventdecision.com/wp-content/uploads/2022/07/mainlogo-ed.png eventdec2023-06-20 06:00:402023-06-24 07:15:35Why UK Event Planners Can’t Ignore the EU Corporate Sustainability Reporting Directive (CSRD)
event sustainability quiz

Are you an Event Sustainability Guru? [QUIZ]

June 13, 2023/in event:decision

How much do you really know about event sustainability?

We’ve been on a mission to educate everyone in the events industry all about sustainability for events. But we thought you might like to test your knowledge so far and find out just how much of a sustainability expert you are in the world of events

Our new quiz “Are You an Event Sustainability Guru?” will let you do just that!

The lighthearted side

Join the fun and test your knowledge

Buckle up, event planners, because this quiz is like no other. We’ve planned it to keep you engaged from start to finish. Get ready to explore a series of questions that will completely test your event sustainability IQ and uncover any preconceptions you may be harbouring about what sustainability really means. Whether you’re a seasoned pro or just dipping your toes into the world of all things event sustainability, our quiz is designed to entertain and challenge.

Find your event sustainability ‘type’

Are you a Green Guru or a Greenhorn? Are those around you consistently impressed by the depth of your sustainability knowledge or are you woefully under-informed? The quiz will tell you what your sustainability ‘type’ is (as well as telling you what you got wrong and pointing you in the direction of some useful information).

The serious message

Why event sustainability matters

Beyond the fun of our quiz lies a serious message – the vital importance of event sustainability. As event planners, we have a unique opportunity to create memorable experiences while minimising our impact on the environment. And, as we’ve shown before, sustainable events are efficient events so we can do all that while enhancing the bottom line too.

The power of (self) education

Becoming an event sustainability guru goes beyond acing our quiz; it involves continuous learning and staying up-to-date with the latest information. When we educate ourselves about sustainable event practices, we empower ourselves to make informed decisions that benefit both the planet, our clients, and ourselves.

The positive impact of sustainable events

Sustainable events not only help protect the environment but also create a positive impact on attendees, clients, and communities. By showcasing carbon-friendly practices, we can inspire and educate attendees and guests, raising awareness about the importance of sustainability in their own lives. And, hosting sustainable events can enhance our own reputations, attracting like-minded clients who prioritise minimising carbon emissions.

So, congratulations, event planners, on taking the first step towards becoming an event sustainability guru! Our quiz will take you on a journey that we hope is both entertaining and enlightening. By delving into the world of event sustainability, you’ll uncover a serious underlying message – the critical role we play in creating sustainable events. Remember, education is key, and staying informed about sustainable practices allows us to make a positive impact on the environment, our clients, and society as a whole.

Now, go ahead and take the quiz!

To find out more about our full suite of data and insight tools for event planners purpose, track and predict – and how they can help event planners and owners measure and track whether they’re delivering on their event objectives, get in touch.

https://eventdecision.com/wp-content/uploads/2023/06/Copy-of-Event-Sustainability-Guru-Quiz.png 768 1024 eventdec https://eventdecision.com/wp-content/uploads/2022/07/mainlogo-ed.png eventdec2023-06-13 08:08:502023-06-13 08:20:19Are you an Event Sustainability Guru? [QUIZ]
event profs book club

The Event Decision Book Club (2)

June 6, 2023/in Book Club, event:decision

The second in our series of recommended books for #Eventprofs

We’ve been delighted at how well our Book Club has gone down with event planners. We’ve had lots of feedback about the first instalment of our recommended books. So we’ve put together our next selection of books. All of them are chosen to help you think in more ‘big picture’ terms about your agency, business or event  – and to inspire you to think differently. And all the books have been read by our founder Matt, so we can personally vouch for them!

Here’s the June 2023 selection;

  1. The Sustainable Business Book: Building a resilient modern business in six steps, Sarah Duncan. A comprehensive guide to integrating sustainability into business practices. It covers topics such as environmental impact, ethical sourcing, and social responsibility. An absolutely brilliant bite-sized way to guide you through how to consider and implement more sustainable practice, whatever your business. How is this relevant for event profs? It offers valuable insights on creating eco-friendly events, reducing waste, and implementing sustainable strategies that align with the growing demand for environmentally conscious events.
  2. Priceless, William Poundstone. Explores the fascinating world of behavioural economics and the power of psychological pricing. Through captivating examples and case studies, Poundstone reveals how pricing strategies can influence consumer behaviour and drive sales. It’s a fun and insightful look at how brands price their products and services to make them look attractive to us. Lots of real world examples of how price in £ is linked to value…or is it? How is this relevant for event profs? Plenty of inspiration in this book to develop innovative pricing structures, optimise ticket sales, and leverage psychological techniques to enhance attendee experiences and increase event revenue.
  3. How to make a decision, Tanya Barad.  Decision-making is a key skill for event planners, and Barad’s book offers guidance on making informed choices, delving into various decision-making models, techniques, and biases, empowering readers to navigate complex scenarios with confidence. It’s a nice little read on how decisions get made, what you need to make them and how/why you may not! How is this relevant for event profs? We all need to make decisions don’t we? This book can help when working out how to make effective decisions around choosing event venues, selecting suppliers, solving logistical challenges – and many other event-specific scenarios.
  4. The Future We Choose, Christiana Figueres & Tom Rivett-Carnac. The key architects of the Paris Agreement, present a compelling call to action for combating climate change. They outline practical solutions and inspire readers to create a sustainable future. Quite practical, optimistic and empowering. It shows us steps we can all take to renew our planet and create a better world beyond the climate crisis: today, tomorrow, this year and in the coming decade. How is this relevant for event profs? By incorporating sustainable practices into events, raising awareness about climate change, and inspiring clients and event attendees to take action.

Four thought-provoking books in our event profs book club we think will inspire you to think a bit differently about your events and empower you in your work. Whether you’re looking to make better decisions, think more creatively about pricing or build truly sustainable and climate-friendly events, each of these books has something for you.

To find out more about our data and insight tools for event planners purpose, track and predict – and how they can help event planners and owners measure and track whether they’re living up to their event objectives, get in touch.

https://eventdecision.com/wp-content/uploads/2023/06/Correct-Book-Club.png 768 1024 eventdec https://eventdecision.com/wp-content/uploads/2022/07/mainlogo-ed.png eventdec2023-06-06 10:45:492023-06-12 13:08:05The Event Decision Book Club (2)

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