Mediabrands said it would ultimately shift investment to platforms demonstrating a commitment to continuous emission reduction.
Through the Scope3 partnership, Mediabrands is pushing to secure the necessary data about carbon emissions. These developments come as some marketers express concern about the environmental costs of their activities and are looking to agency partners to develop methods to measure and reduce their impact, particularly when it comes to digital advertising.
“For action to be taken, access to accurate data and reporting is an essential first step. Scope3 provides critical insights and information that enable us to make smarter, cleaner investment choices,” said Mediabrands Global CEO Eileen Kiernan.
Working with Scope3, Mediabrands expects to gain greater insights into the emissions impact of its digital ad initiatives, including end-to-end emissions data for every impression. The agency will give clients access to Scope3’s Green Media Products, which use emissions data to calculate the cost of carbon into the price of advertising, providing a path to carbon-neutral activations.
The agency is also expecting to use Scope3’s emissions measurement data to work with the digital supply chain to develop optimized ad delivery methods to reduce emissions.
More broadly, the partnership reflects how the advertising industry has increased its efforts to establish a baseline measurement system for its environmental footprint to reach net-zero emissions. Earlier this month, WPP’s GroupM established a Media Decarbonization Coalition that included several of its agencies and clients, including Audible Danone, Deutsche Telecom and Paramount.
In October, U.K.-based Ad Net Zero appointed industry veteran John Osborn to lead its U.S. operations and expansion. Additionally, IPG’s Momentum Worldwide partnered with event-focused sustainability action group Isla to help clients track and measure their carbon footprints in real time.
According to Mediabrands, 90% of the marketers it surveyed this year for its Media Responsibility Index said they were interested in finding methods beyond price efficiency to measure media value.
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Brandwatch enables businesses to build and scale the optimal strategy for their clients with intuitive, use-case-focused tools that are easy and quick to master. Bringing together consumer intelligence and social media management, the company helps its users react to the trends that matter, collaborate on data-driven content, shield the brand from threats and manage all the social media channels at scale.
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Salesforce-owned Tableau is an AI-powered analytics and business intelligence platform, offering the breadth and depth of capabilities that serve the requirements of global enterprises in a seamless, integrated experience. Marketers can utilise generative AI models, AI-powered predictions, natural language querying, and recommendationsons.
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