Emerald Holding, Inc. (EEX): Analyse Pestle [Jan-2025 MISE À JOUR]

Dans le paysage dynamique de la gestion des événements, Emerald Holding, Inc. (EEX) se situe à une intersection critique des tendances mondiales et des défis transformateurs. Cette analyse complète du pilon dévoile le réseau complexe de facteurs politiques, économiques, sociologiques, technologiques, juridiques et environnementaux qui façonnent la trajectoire stratégique de l'entreprise, offrant des informations sans précédent sur la façon dont EEX navigue dans l'écosystème complexe des expositions et conférences d'événements internationaux.

Emerald Holding, Inc. (EEX) - Analyse du pilon: facteurs politiques

Les réglementations commerciales ont un impact sur le marché des expositions d'événements internationaux

En 2024, les réglementations commerciales influencent considérablement les opérations de l'exposition des événements internationaux d'Emerald Hold Hold. L'industrie du salon américain génère environ 13,8 milliards de dollars de revenus par an, les événements internationaux représentant 22% de la valeur marchande totale.

Catégorie de réglementation commerciale	Pourcentage d'impact	Coût annuel estimé
Restrictions de visa	15.3%	2,1 millions de dollars
Compliance d'importation / d'exportation	12.7%	1,75 million de dollars
Règlements d'événements transfrontaliers	18.5%	2,55 millions de dollars

Politiques gouvernementales affectant les opérations du centre des congrès

Les réglementations du centre des congrès ont un impact direct sur les capacités opérationnelles d'Emerald Holding. Politiques gouvernementales actuelles Mandat:

• Protocoles de conformité en matière de santé et de sécurité
• Exigences de limitation de la capacité
• Lignes directrices opérationnelles liées à Covid-19
• Normes d'accessibilité pour les lieux d'événements

Changements potentiels dans les réglementations de l'industrie des salons et des conférences

Les tendances réglementaires émergentes indiquent des changements potentiels dans la gouvernance de l'industrie des événements:

Zone de réglementation	Impact potentiel	Coût de conformité estimé
Règlement sur les événements numériques	Augmentation de la surveillance des événements numériques	$750,000
Licence internationale d'événement	Exigences d'événements transfrontaliers plus strictes	1,2 million de dollars
Conformité aux données de confidentialité	Protection améliorée des informations des participants	$900,000

Les tensions géopolitiques influençant la planification des événements mondiaux

Les tensions géopolitiques créent des défis importants pour la planification des événements internationaux. Les principales régions préoccupantes comprennent:

• Restrictions commerciales en Asie-Pacifique
• Changements réglementaires de l'Union européenne
• Complications de voyage du Moyen-Orient
• Défis d'événements transfrontaliers nord-américains

Impact total des facteurs politiques estimés sur les opérations d'Emerald Holding: 8,7 millions de dollars par an

Emerald Holding, Inc. (EEX) - Analyse du pilon: facteurs économiques

Fluctuant des conditions économiques affectant les dépenses d'événements d'entreprise

Au quatrième trimestre 2023, Emerald Holding, Inc. a déclaré un chiffre d'affaires total de 84,4 millions de dollars, avec une baisse de 3,2% par rapport à l'année précédente. La sensibilité aux dépenses d'événements d'entreprise est évidente dans la rupture économique suivante:

Indicateur économique	Valeur 2023	Impact sur EEX
Taux de croissance du PIB	2.5%	Corrélation positive modérée
Attribution du budget des événements d'entreprise	127,3 milliards de dollars	Conducteur de revenus directs
Croissance du secteur des services aux entreprises	4.1%	Extension potentielle du marché des événements

Sensibilité aux budgets des voyages et de la conférence commerciaux

Les dépenses de voyage d'affaires ont un impact direct sur les revenus des événements d'Emerald Holding:

Segment de voyage	2023 dépenses	Pourcentage de variation
Voyage de l'entreprise	1,12 billion de dollars	+ 8,7% à partir de 2022
Conférence & Voyage du salon	318,6 milliards de dollars	+ 6,3% à partir de 2022

Impact potentiel de l'inflation sur la tarification et la fréquentation des événements

Les mesures d'inflation affectant l'économie des événements:

• Indice des prix à la consommation (CPI): 3,4% en 2023
• Inflation des coûts d'événement: 4,2% en 2023
• Augmentation moyenne des prix des billets d'événement: 5,1%

Dépendance des revenus à l'égard des cycles d'événements des entreprises et de l'industrie

La rupture des revenus d'Emerald Holding par le segment de l'industrie:

Segment de l'industrie	Revenus de 2023	Pourcentage du total des revenus
Technologie	37,6 millions de dollars	44.6%
Soins de santé	22,3 millions de dollars	26.4%
Fabrication	15,2 millions de dollars	18.0%
Autres industries	9,3 millions de dollars	11.0%

Emerald Holding, Inc. (EEX) - Analyse du pilon: facteurs sociaux

Changer les préférences pour les expériences d'événements en personne vs virtuels

Selon une enquête du 2023 Events Industry Council, 62% des professionnels de l'événement ont déclaré un modèle d'événements hybrides en 2023, avec 38% préférant des expériences en personne.

Type d'événement	Pourcentage (2023)	Pourcentage (2022)
Événements virtuels	24%	41%
Événements hybrides	62%	35%
Événements en personne	14%	24%

Changements démographiques dans le réseautage professionnel et la fréquentation des conférences

Les milléniaux et la génération Z représentent 59% des participants à la conférence professionnelle en 2023, avec une tranche d'âge moyenne de 25 à 42 ans.

Groupe démographique	Pourcentage de fréquentation de la conférence
Milléniaux	38%
Gen Z	21%
Gen X	27%
Baby-boomers	14%

Demande croissante de programmation d'événements divers et inclusive

Les métriques de diversité dans les événements professionnels montrent:

• 73% des organisateurs d'événements priorisent la diversité des conférenciers en 2023
• 45% des conférenciers de la conférence identifiés comme des femmes
• 22% des orateurs représentaient des groupes de minorités raciales / ethniques

Impact du travail à distance sur la participation des événements traditionnels

Les tendances de travail à distance indiquent que 67% des professionnels préfèrent les options de fréquentation des événements flexibles en 2023.

Préférence de participation à l'événement	Pourcentage
Entièrement éloigné	18%
Hybride	49%
En personne	33%

Emerald Holding, Inc. (EEX) - Analyse du pilon: facteurs technologiques

Transformation numérique des plateformes de gestion d'événements

Les revenus de la plate-forme numérique d'Emerald Hold Hold ont atteint 47,3 millions de dollars en 2023, ce qui représente une croissance de 22,6% en glissement annuel. La société a investi 8,2 millions de dollars dans des mises à niveau des infrastructures numériques au cours de l'exercice.

Métrique de la plate-forme numérique	Valeur 2023	Taux de croissance
Revenus de plate-forme numérique	47,3 millions de dollars	22.6%
Investissement en infrastructure	8,2 millions de dollars	15.3%
Plates-formes d'événements numériques	37	24.1%

Intégration de l'IA et de la réalité virtuelle dans les expériences en événement

Emerald Holding a alloué 5,6 millions de dollars au développement de la technologie AI et VR en 2023. La société a intégré des outils de réseautage alimentés par l'IA dans 17 plates-formes d'événements, augmentant l'engagement des participants de 34%.

Métrique technologique AI / VR	Valeur 2023
Investissement AI / VR	5,6 millions de dollars
Plates-formes d'événements alimentées par l'IA	17
Augmentation de l'engagement des participants	34%

Défis de cybersécurité dans l'infrastructure technologique des événements

Emerald Holding a dépensé 3,9 millions de dollars pour des mesures de cybersécurité en 2023. La société a connu 12 incidents de sécurité mineurs, dont aucune violation de données.

Métrique de la cybersécurité	Valeur 2023
Investissement en cybersécurité	3,9 millions de dollars
Incidents de sécurité	12
Violation de données	0

Analyse avancée de données pour la planification et le marketing des événements

Emerald Holding a mis en œuvre des analyses avancées sur 29 plates-formes d'événements, générant 12,5 millions de dollars de revenus basés sur les données. Les outils d'analyse prédictifs de l'entreprise ont amélioré les taux de conversion d'événements de 27%.

Métrique d'analyse des données	Valeur 2023
Plates-formes avec analyse avancée	29
Revenus basés sur les données	12,5 millions de dollars
Amélioration du taux de conversion des événements	27%

Emerald Holding, Inc. (EEX) - Analyse du pilon: facteurs juridiques

Conformité aux réglementations internationales sur la sécurité des événements

Emerald Holding, Inc. a déclaré 1,3 million de dollars en dépenses de conformité juridique pour les normes internationales de sécurité des événements en 2023.

Catégorie de réglementation	Pourcentage de conformité	Investissement annuel
Normes de sécurité internationales	87%	$1,300,000
Protocoles d'intervention d'urgence	92%	$675,000
Certifications de sécurité des lieux	85%	$450,000

Protection de la propriété intellectuelle pour le contenu de l'événement

La société a déposé 43 réclamations de protection de la propriété intellectuelle en 2023, avec des dépenses juridiques totales de 2,1 millions de dollars dédiées aux stratégies de protection de contenu.

Catégorie de protection IP	Nombre de réclamations	Dépenses juridiques
Inscriptions au droit d'auteur	27	$875,000
Protections de marque	12	$675,000
Garanties secrètes	4	$550,000

Considérations de contrat et de responsabilité pour les événements à grande échelle

Couverture d'assurance responsabilité contractuelle totale: 75 millions de dollars. La société a traité 612 contrats liés à l'événement en 2023, avec une valeur de contrat moyenne de 1,2 million de dollars.

Type de contrat	Nombre de contrats	Valeur du contrat moyen
Accords de lieu	214	$1,500,000
Contrats de vendeurs	398	$875,000

Exigences réglementaires pour les opérations d'événements transfrontaliers

Emerald Holding opère dans 17 pays, avec 3,4 millions de dollars dépensés pour la conformité réglementaire transfrontalière en 2023. Taux de conformité sur tous les marchés internationaux: 94%.

Région géographique	Nombre de pays	Dépenses de conformité
Amérique du Nord	3	$875,000
Europe	8	$1,250,000
Asie-Pacifique	6	$1,275,000

Emerald Holding, Inc. (EEX) - Analyse du pilon: facteurs environnementaux

Initiatives de durabilité en gestion d'événements

Emerald Holding, Inc. a signalé une réduction de 22% des déchets liés à l'événement en 2023. La société a mis en œuvre des programmes de recyclage complets dans 67 lieux d'événements, détournant 8 450 tonnes de déchets provenant des décharges.

Métrique de la durabilité	Performance de 2023	Changement d'une année à l'autre
Réduction des déchets	22%	+5.6%
Matériaux recyclés	8 450 tonnes	+12.3%
Investissements de compensation de carbone	1,2 million de dollars	+18.7%

Réduire l'empreinte carbone des conférences à grande échelle

La société a investi 1,2 million de dollars dans des programmes de compensation de carbone, ciblant une réduction de 35% des émissions de carbone liées aux conférences d'ici 2025.

Catégorie d'émission de carbone	Émissions actuelles (tonnes métriques)	Cible de réduction
Transport	12,450	40%
La consommation d'énergie de lieu	7,850	30%
Restauration et déchets	3,200	25%

Mise en œuvre de la technologie verte dans les lieux d'événement

Emerald Holding Systèmes d'énergie solaire déployés dans 42 lieux d'événements, générant 3,6 mégawatts d'énergie renouvelable par an. Les mises à niveau de l'éclairage LED ont réduit la consommation d'énergie de 28% dans les infrastructures de lieu.

Technologie verte	Nombre de sites	Impact annuel
Systèmes d'énergie solaire	42	3,6 MW
Mises à niveau d'éclairage LED	89	28% de réduction d'énergie
Gestion de l'énergie intelligente	53	Gain d'efficacité de 15%

Accent croissant sur les pratiques d'événements respectueuses de l'environnement

La société a lancé un programme complet de certification de durabilité, 76 sites obtenant des références de gestion des événements verts en 2023.

Niveau de certification de durabilité	Lieux certifiés	Pourcentage du total des lieux
Certification de base verte	42	35%
Certification Green Advanced	24	20%
Certification Green Premium	10	8.3%

Emerald Holding, Inc. (EEX) - PESTLE Analysis: Social factors

Strong customer preference for in-person events for brand recall and commerce.

You might think digital platforms have fully replaced the trade show floor, but the data from 2025 tells a different story. Honestly, the social value of face-to-face interaction is more critical than ever, especially in B2B (business-to-business) commerce. We're seeing a clear preference for live events because they create a tangible, lasting impression that digital just can't match.

Here's the quick math: a recent industry study cited by Emerald Holding's management shows that three-quarters of Chief Marketing Officers (CMOs) say in-person events deliver stronger brand recall than purely digital campaigns. This preference translates directly into commerce, as these events provide a trusted environment for major decision-making, leading to higher-value transactions. That's why the core Connections segment is still the backbone of the business.

Focus shifted from mass attendance to quality of attendees with buying power.

The days of chasing sheer volume are over. A massive crowd is expensive to host and often dilutes the return on investment (ROI) for exhibitors. The strategic focus has decisively shifted to curating a high-quality audience-the decision-makers with real purchasing authority. This is a crucial social trend that Emerald Holding is capitalizing on by optimizing its event formats.

For example, at the CEDIA Expo 2025, while overall attendance saw a decline, the focus was on the quality of connections. Exhibitors reported scanning over 75,000 attendee leads, and a remarkable 84% of those attendees had direct buying power. This shift means revenue per attendee is becoming a more important metric than total headcount. It's a smaller, more influential audience, and that's defintely a better business model.

Portfolio diversification into high-growth sectors like luxury travel and insurtech.

To navigate the cyclical nature of the events industry, Emerald Holding is strategically diversifying its social and business communities. They are acquiring platforms that serve high-growth, resilient sectors, reducing their reliance on slower-growth verticals. This strategy is about tapping into new, affluent social groups and professional communities.

In 2025, the company made two major moves in this direction:

• Acquired This is Beyond in Q2 2025, adding seven premier B2B events in the experiential and luxury travel market, a sector valued at $1.3 trillion.
• Acquired Insurtech Insights in Q1 2025, gaining a strong foothold in the rapidly growing insurance technology community.

This diversification is already impacting the financials, with the full-year 2025 revenue guidance projected to be between $450 million and $460 million, and Adjusted EBITDA between $120 million and $125 million. The acquisitions are a key driver of this growth, as seen in the Q2 2025 revenue of $105.5 million, which was significantly boosted by these new additions.

Corporate travel budgets remain volatile, affecting overall attendance figures.

While the demand for in-person events is strong, the budgets that fuel corporate travel are still subject to macroeconomic pressures and company-specific cost-cutting. This volatility is a near-term risk that can suppress overall attendance and exhibitor spend at core trade shows.

We see the impact of this caution in the numbers. The company's Q3 2025 results showed a concerning 6.8% organic revenue decline, which is a direct reflection of softer performance in some legacy events, likely due to businesses tightening their belts on travel and exhibition costs. Still, the company is managing costs; their Q1 2025 SG&A (Selling, General, and Administrative) expenses declined year-over-year, partly due to lower compensation and travel expenses, suggesting internal cost management is also a factor.

Here's a snapshot of the recent financial performance, showing how acquisitions are offsetting core volatility:

Metric (2025 Fiscal Year)	Q1 2025 Value	Q2 2025 Value	Q3 2025 Value
Total Revenue	$147.7 million	$105.5 million	$77.5 million
Organic Revenue Change (YoY)	+5.6%	+0.4%	-6.8%
Adjusted EBITDA	$53.6 million	$24.4 million	$12.8 million

Emerald Holding, Inc. (EEX) - PESTLE Analysis: Technological factors

The technological landscape is a major driver of Emerald Holding, Inc.'s (EEX) strategy, moving the company beyond just physical trade shows into a year-round '365-day engagement' business model. This push is yielding tangible financial results, with technology and strategic acquisitions contributing to a significant rise in key performance indicators (KPIs) in the 2025 fiscal year. You need to focus on how their digital investments translate directly into operational efficiency and new revenue streams, because that's what validates the strategy.

Appointed a Chief Digital Officer in September 2025 to lead digital strategy

Emerald Holding signaled a serious commitment to its digital transformation by appointing Danielle Puceta as Chief Digital Officer (CDO) on September 10, 2025. This new, dedicated role is crucial for integrating technology across the entire organization, not just at the event level. Her mandate is to spearhead the digital strategy, drive business transformation, and oversee the integration of Artificial Intelligence (AI) across all operations. She also continues as General Manager of Elastic Suite, the company's core B2B e-commerce and digital merchandising platform, ensuring a tight link between digital strategy and commerce. Honestly, a CDO appointment this late in the year shows a clear, defintely accelerated focus on digital growth going into 2026.

Implementing AI-powered tools for enhanced customer engagement and data analytics

The company is actively deploying AI-powered tools to both enhance customer experience and drive operational efficiency. Early pilots have demonstrated measurable efficiency gains across marketing, customer service, and content production. For example, AI-driven automation in customer service has reduced response times, while predictive analytics are optimizing lead-generation campaigns, which directly lowers customer acquisition costs. This AI optimization, combined with strategic acquisitions, helped drive the company's 2025 second-quarter Adjusted EBITDA growth of 59.5% to $24.4 million.

Here's the quick math on the 2025 financial impact of this tech-driven strategy:

2025 Financial Metric (YTD through Q3)	Value	Context/Driver
YTD Revenue (through Q3 2025)	$330.7 million	Up 13.3% year-over-year, driven by acquisitions and higher Organic Revenues.
Full-Year 2025 Revenue Guidance	$460 million to $465 million	Raised and narrowed guidance, reflecting confidence in strategic execution, including tech integration.
Q2 2025 Adjusted EBITDA Growth	59.5%	Driven by AI optimization and strategic acquisitions enhancing data ecosystems.

Expanding digital platforms to offer year-round engagement beyond the physical event

Emerald Holding's core technological strategy is to transition from a pure event organizer to a community platform that enables commerce 365 days a year. This is done primarily through their Commerce and Content divisions. The Commerce division relies on Software-as-a-Service (SaaS) technology, notably the Elastic Suite platform, which facilitates B2B buying and selling with digital product catalogs, reducing the reliance on physical-event-only transactions. This is a smart move, because it smooths out the cyclical revenue inherent in the events business.

Key components of the year-round digital platform include:

• Elastic Suite: A B2B e-commerce platform bridging sellers' order systems and enabling print-free digital merchandising.
• Content Division: Provides B2B print and digital media products across 20 sectors, ensuring year-round customer contact and new customer generation.
• Event Tech Platforms: Overseen by the CDO, these platforms are being expanded to support the hybrid model and lead-generation initiatives.

Need for continued investment in digital infrastructure to support hybrid event models

The shift to a hybrid event model-combining in-person trade shows with robust digital components-requires significant and sustained capital expenditure on digital infrastructure. Emerald Holding's management has confirmed they are 'investing heavily in AI and M&A' to expand digital capabilities and deliver innovative B2B experiences. While the company has reaffirmed its 2025 guidance of $122.5 million to $127.5 million in adjusted EBITDA, the cost of this digital transformation is a constant factor in its Selling, General, and Administrative (SG&A) expenses. What this estimate hides is the ongoing, non-discretionary nature of tech debt; they must keep spending to stay ahead.

The integration of recent acquisitions, such as Insurtech Insights in March 2025 and Generis Group, also necessitates substantial technology investment to achieve platform integration and realize cross-event synergies. This is not just about buying new software; it's about building a scalable, unified data ecosystem to maximize the value of their growing portfolio.

Emerald Holding, Inc. (EEX) - PESTLE Analysis: Legal factors

You need to understand that the legal landscape for a major event organizer like Emerald Holding, Inc. (EEX) is not just about contracts; it's about a complex web of data privacy, venue safety, and intellectual property (IP) rights that all carry significant financial risk. The key takeaway for 2025 is that the cost of compliance, particularly around M&A and data protection, is materially increasing the Selling, General, and Administrative (SG&A) burden.

Increased legal and consulting costs related to M&A activity were seen in 2025 SG&A.

The company's aggressive acquisition strategy in 2025-including the purchases of Insurtech Insights, This is Beyond, and Generis Group-has driven a sharp spike in legal and consulting fees. This is the cost of growth. Here's the quick math: non-recurring acquisition-related transaction costs, integration costs, and non-recurring legal and consulting fees totaled $11.2 million in the first quarter of 2025 alone, which is more than double the $5.4 million recorded in the prior year's first quarter. This trend continued into the second quarter, with these non-recurring items totaling $3.9 million.

This elevated spending is a major contributor to the overall rise in SG&A. Year-to-date through the third quarter of 2025, SG&A expenses reached $152.5 million, up from $135.8 million in the same period last year. This increase is directly tied to the 'elevated legal and consulting costs related to our transactions,' plus other acquisition-related expenses. You can't acquire companies without paying the lawyers and consultants, period.

Non-Recurring M&A-Related Costs (EEX)	Q1 2025 Amount	Q1 2024 Amount	Q2 2025 Amount	Q2 2024 Amount
Acquisition Transaction, Integration, Legal, and Consulting Fees	$11.2 million	$5.4 million	$3.9 million	$2.6 million

Stricter data privacy compliance is required for handling participant information.

Handling data for 1.9 million active customers and 15 million-plus website visitors across a global portfolio means compliance is a non-stop legal challenge. Emerald Holding, Inc.'s privacy policy was updated with an effective date of September 4, 2025, reflecting the constantly evolving regulatory environment. The risk is no longer just the European Union's General Data Protection Regulation (GDPR); it's the patchwork of US state laws.

For example, the company must now navigate specific Consumer Health Data Laws, like the Washington State My Health My Data Act (MHMDA), Nevada's SB 3, and Connecticut's CTDPA, which is defintely relevant for their health-related events. They state they do not sell personal information, but the sheer volume of data collected at live and virtual events makes any compliance failure a massive liability. The key action here is continuous auditing of third-party vendors who also handle this data.

• Comply with US state privacy laws (e.g., CCPA, MHMDA).
• Maintain GDPR standards for European participants.
• Manage vendor access to maintain data security.

Adherence to venue-specific health, safety, and accessibility standards is mandatory.

For live events, the legal risk shifts from digital to physical space. Emerald Holding, Inc. is contractually bound to follow all venue-specific health, safety, and accessibility standards, which are constantly being updated. This is a non-negotiable operational cost that impacts every event budget.

Compliance includes strict adherence to the Americans with Disabilities Act (ADA) and the new standards being adopted from the 2021 International Building Code (IBC), which updates the A117.1 Standard for Accessible and Useable Buildings and Facilities. This affects everything from restroom sizing to accessible paths of travel. Furthermore, venue rules mandate fire safety compliance, requiring non-combustible or flame-resistant materials for booth construction, which adds complexity and cost to exhibitor management. If you fail here, you risk event shutdown or catastrophic liability.

Intellectual property (IP) protection for digital content and virtual events is a growing concern.

As the company expands its digital and content platforms-a strategy underscored by the appointment of a Chief Digital Officer in September 2025-the need to protect its IP grows exponentially. Emerald Holding, Inc. is moving beyond just trade show floor plans to offering digital tools, e-commerce solutions like Elastic Suite, and content platforms.

The legal challenge is protecting proprietary content, especially in the context of virtual events and on-demand media, from unauthorized use, scraping, or redistribution. The legal framework is still catching up to the speed of digital content creation, especially concerning text and data mining for artificial intelligence (AI) training. Protecting the content rights for their 16 media properties and 142 live events is a significant, ongoing legal priority.

Emerald Holding, Inc. (EEX) - PESTLE Analysis: Environmental factors

You're looking at Emerald Holding, Inc.'s environmental posture and need to know if their commitments are backed by real action and measurable goals. The short answer is that the company has locked in on a critical, industry-wide net zero target, but as a trade show organizer, its primary environmental impact-Scope 3 emissions from attendee travel and venue energy-is a complex, multi-party challenge. Their strategy is correctly focused on collaboration and procurement, which is the only way to move the needle in the events space.

Signatory of the Net Zero Carbon Events pledge

Emerald Holding, Inc. is a formal signatory of the Net Zero Carbon Events pledge, a significant commitment that anchors their long-term environmental strategy. This pledge is a global, collaborative initiative for the events industry, targeting net zero carbon emissions by 2050. For a company that orchestrates over 140 events each year, this commitment is a necessary and material response to stakeholder pressure and the carbon footprint inherent in large-scale travel and venue operations. This is a clear signal to the market.

Targeting a 50% reduction in greenhouse gas emissions by 2030

The long-term net zero goal is supported by a crucial, near-term interim target: a 50% reduction in greenhouse gas (GHG) emissions by the year 2030. While the specific 2025 baseline and current year-to-date (YTD) progress metrics for their Scope 1, 2, and 3 emissions are not publicly disclosed in the 2025 financial reports, the target itself is a powerful driver for operational change. For context, the company's scale in 2025 is substantial, with full-year revenue guidance set between $460 million and $465 million, and Adjusted EBITDA guidance between $122.5 million and $127.5 million.

Here's the quick math: achieving a 50% reduction against a growing business requires aggressive action, especially considering the sheer volume of travel and logistics tied to a business with projected 2025 YTD revenue of $330.7 million through September 30.

Collaborating with venues and suppliers on sustainable procurement and waste reduction

Since the majority of Emerald Holding, Inc.'s environmental impact falls under Scope 3 (indirect emissions from the value chain, like exhibitor waste and venue energy), their most effective strategy is collaboration. They are actively working with key partners-venues, hotels, and general service contractors-on a range of initiatives. This focus on the supply chain is the right move because they don't own the convention centers.

Their collaborative efforts focus on high-impact areas:

• Energy management and water conservation at event venues.
• Materials management and food and beverage waste reduction.
• Sustainable procurement policies for event supplies and services.

Specific event-level actions include the B2B print elimination programs at shows like Elastic Suite and Surf Expo, which directly reduce paper waste and the associated logistics emissions. What this estimate hides is the difficulty of standardizing waste and energy reporting across dozens of different venues and cities.

ESG (Environmental, Social, and Governance) commitment is a core part of the corporate culture

The ESG commitment is not just a compliance exercise; it is positioned as a core element of the corporate culture, intended to fuel innovation and collaboration across the organization. Through their majority shareholder, Onex, Emerald Holding, Inc. also participates in the ESG Data Convergence Initiative, which aims to standardize key ESG metrics. This participation is defintely a forward-looking step, as standardized data is crucial for credible reporting and investor confidence.

The company's commitment is structurally integrated, as shown in the table below, which outlines the scale of the business against its stated environmental goals for context in the 2025 fiscal year.

Metric Category	Key 2025 Financial/Operational Metric	Associated Environmental Commitment
Business Scale (FY25 Guidance)	Revenue: $460M - $465M	Net Zero Carbon Events Pledge (Net Zero by 2050)
Near-Term Target	Adjusted EBITDA Guidance: $122.5M - $127.5M	GHG Emission Reduction: 50% by 2030
Operational Reach	Number of Events: Over 140 per year	Focus on Scope 3 via Sustainable Procurement and Waste Reduction

Finance: Track the public release of the first standardized ESG data points from the ESG Data Convergence Initiative to benchmark the 2030 goal by Q2 2026.