Why FCA ESG Rules Matter for Your Venue
As a hospitality provider working with large corporate clients—many of whom are listed companies or regulated by the Financial Conduct Authority (FCA)—you might wonder how finance sector rules impact your business. The answer is: more than ever.
Earlier this month, the FCA released its latest update on climate and sustainability disclosure requirements. These regulations affect how your corporate clients measure and report their emissions—including those linked to events held at your venue.
What Did the FCA Announce?
The FCA is moving forward with its Sustainability Disclosure Requirements (SDR). These apply to FCA-regulated firms, including asset managers, insurers, and listed companies. They are now expected to track and report on:
- Scope 1: Direct emissions (e.g., company vehicles, fuel use)
- Scope 2: Indirect emissions from energy (e.g., electricity used in buildings)
- Scope 3: Emissions from their wider value chain—including business travel and events
What That Means for Your Venue
Your venue may already be addressing Scope 1 and 2 emissions—those under your direct control, like energy use and on-site operations. However, your corporate clients also need to report Scope 3 emissions, which includes emissions from their employees travelling to your venue.
That’s where Scopes Carbon can help.
How Scopes Carbon Supports You and Your Clients
Scopes Carbon focuses exclusively on Scope 3 emissions—specifically, delegate travel to and from your venue. These travel-related emissions often make up over 75% of a conference’s carbon footprint and are difficult for clients to measure and offset alone.
By partnering with Scopes Carbon, your venue can:
- Carbon Offset delegate travel emissions for each conference or event
- Provide cost-effective, verified carbon offsetting for Scope 3 travel emissions
Supply clear documentation and certificates to help your clients meet their ESG reporting requirements under FCA guidance
Why This Matters
- You become part of the solution – Helping clients meet their ESG goals makes your venue more attractive to responsible corporate bookers
- You stand out in procurement – More organisations now include emissions tracking and offsetting in their decision-making
You strengthen your sustainability offer – Scopes Carbon adds value beyond your own Scope 1 and 2 efforts for green accreditations.
Want to Offer More Value to Corporate Clients?
Let Scopes Carbon help you. Together, we can make your venue not only a great place to meet—but a partner in reducing environmental impact.
Contact us today to learn more about offering delegate travel offsetting as part of your event package.
Thank you for reading this month blog, Why FCA ESG Rules Matter for Your Venue.
Please get in touch to see how you can carbon balance your event.
Scopes Carbon