Help the Events industry be counted by Government
One of the (many) reasons that many parts of the industry have been excluded from support during the pandemic, by Governments is because we have never used consistent SIC Codes, which are used by governments to determine economic activities and industry value.
From a statistics point of view, the industry is “invisible”. This is because there is a lack of relevant SIC codes for us to use and we not realised the importance of these codes for governments analysing businesses and industries.
PLASA, #WeMakeEvents & the BVEP along with others from the EU and USA, are campaigning for some changes to these codes to make them more relevant. However, that is going to take between three to five years as they are agreed internationally.
You can use more than one SIC code, and so we are suggesting that you continue to use those codes that you may have used before, for example manufacturing, or transport and that you include one of the SIC codes listed below, to acknoweldge your contribution to the Live Events sector.
We hope that all companies involved in events will support this and use these codes to help create the data and visibility to demonstrate how financially significant this industry is.
Suggested SIC Codes to use
