NEW YORK — 14 November 2022 — IPG Mediabrands and Scope3 today announced a first-of-its-kind industry partnership whereby Mediabrands will use standards established by Scope3 to measure and reduce the carbon footprint of digital advertising, which will help codify an industry standard for emissions measurement. Mediabrands is the first global media or agency holding company to partner with Scope3 at a global scale.
As part of the deal, Mediabrands will offer clients emissions measurement, compensation, and reduction capabilities while helping increase the capacity of players across the digital ecosystem to decarbonize media emissions at scale.
Throughout the world, brands have embraced sustainability and are setting targets to reduce their carbon emissions across every segment of their organizations. In media and advertising, these brands are increasingly leaning on their agency partners to develop pathways to reduce and ultimately eliminate carbon emissions that occur as a result of their digital advertising investments.
Ninety percent of the marketers Mediabrands polled this year said they were interested in finding new methods to assess media value beyond price efficiency alone. In response, the Mediabrands Media Responsibility Index evolved its fourth issuance of the report to provide greater insight across four priorities of partner accountability—Safety, Inclusivity, Sustainability, and Data Ethics—in alignment with industry-adopted ESG (Environmental, Social, and Governance) frameworks so businesses can easily extend how they are measuring their impact in these spaces to include media.
In partnership with Scope3, Mediabrands will introduce complementary and mutually dependent services that provide a roadmap to net-zero:
“Our partnership with Scope3 is one of many commitments Mediabrands is making to take intentional steps in support of climate action as part of our broader Media for Good efforts,” said Eileen Kiernan, Global CEO of Mediabrands. “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.”
“From the beginning of Scope3, Mediabrands has been an incredible partner. They were the first agency network to purchase Green Media Products as part of a decarbonization strategy. They have tirelessly advocated for sustainability with their clients, vendors, and publishers. Every time I meet someone who works at any of the Mediabrands companies, I am impressed with their deep commitment to including sustainability as a part of every aspect of their business without compromising on their clients’ results,” said Brian O'Kelley, CEO, and Co-founder of Scope3.
Scope3 makes media more effective, driving safe and sustainable growth. Our trusted activation and measurement products open up new growth opportunities through better media quality, eliminated waste, improved brand safety and sustainability. Hundreds of the world's top brands and agencies partner with us to maximize the impact of their digital media investments. Scope3 boasts a global team distributed across North America, Europe, and APAC.
Learn more at scope3.com.