New collaboration will help support carbon reduction and clean up digital advertising
LoopMe, the global leader in brand performance, announced a partnership with Cedara, the Carbon Intelligence Platform, as part of its ongoing commitment to creating a sustainable advertising ecosystem.
The collaboration sees LoopMe integrate Cedara’s platform to help brands and agencies reduce the environmental impact of their campaigns. This is achieved through comprehensive carbon emissions measurement for campaigns and Private Marketplaces (PMPs), allowing clients to understand and address their current carbon footprint. This is supported by placement and delivery optimization to remove high carbon-emitting inventory and ensure more environmentally friendly campaigns, while maintaining superior media performance. Clients will also have the ability to compensate emissions from their campaigns through Cedara’s Offset Marketplace, a curated collection of third-party verified carbon removal and avoidance projects.
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LoopMe has already reduced carbon emissions by 83% across its DSP and Exchange compared to the programmatic average*. This collaboration with Cedara further aligns the company with the Global Media Sustainability Framework (GMSF), the global industry-standard for media emissions measurement developed by the World Federation of Advertisers (WFA) and Ad Net Zero (of which both LoopMe and Cedara are Supporters).
Building on its work to date to achieve net zero emissions, LoopMe and Cedara will also collaborate on the continued measurement and optimization of LoopMe’s Scope 1, 2 and 3 emissions at an organizational level.
“LoopMe is proud to be a carbon-neutral ad partner and this Cedara integration represents our next phase in helping clients achieve their sustainability goals,” says Stephen Upstone, CEO at LoopMe. “Not only will we provide a clearer understanding of campaign carbon emissions, but we’ll help brands and agencies take action to reduce their footprint. By working with us, businesses will cut their waste and become greener, without compromising campaign effectiveness.”
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David Shaw, Co-Founder & CEO at Cedara comments, “We’re dedicated to accelerating the industry’s shift towards a more sustainable outlook. LoopMe is an ideal partner for us as we both share a mutual commitment to shaping a better future for both digital advertising and the planet.”
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Source – PR Newswire
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