Wednesday, March 29, 2023
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Television
    • Radio
    • OTT
    • Cable & DTH
    • Print
    • Digital
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Think Through
    • Prescience 2023
  • People
  • Events
    • Leader Speak
    • Straight Talk
    • Gamechangers
No Result
View All Result
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Television
    • Radio
    • OTT
    • Cable & DTH
    • Print
    • Digital
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Think Through
    • Prescience 2023
  • People
  • Events
    • Leader Speak
    • Straight Talk
    • Gamechangers
No Result
View All Result
MediaNews4U.com
No Result
View All Result
Home Advertising

GroupM introduces global framework for accelerated media decarbonisation

by MN4U Bureau
July 20, 2022
in Advertising, Featured
Reading Time: 2 mins read
A A
India to climb three notches, become 7th largest ad market in 2025: GroupM Report
Share Share ShareShare

WPP is working to develop the technology and standards that can be used to measure and reduce emissions from advertising globally. As part of that effort, GroupM commissioned research from independent specialists in carbon measurement to help create a robust methodology for accurately measuring emissions across the media supply chain to allow targeted interventions to reduce emissions from media placement.

The lifecycle assessment methodologies of media channels would allow a new carbon calculator to be built, which could serve anyone in the industry willing to set absolute emissions reduction targets and build in vendor-level data where available. The most noteworthy conclusions include:

  • There are a number of media carbon calculators that exist currently; however, they use inconsistent parameters that cannot compare emissions from one channel to another — data and calculation methodology, resulting in overly broad estimates and offsetting.
  • A greater level of data granularity will make it possible for clients to move their media investments to lower-emission media publishers and platforms, which in turn will change behaviours and accelerate decarbonisation across the media supply chain.
  • The first step is to agree on consistent industry application of the Greenhouse Gas Protocol (GHGP). This will expand the amount of carbon accounted for versus current calculators and will enable accurate carbon accounting through a transparent calculation methodology.
  • Consistent industry application of the GHGP will confirm the data sets required from publishers and platforms, reducing the reporting burden for both and supporting them in their own emissions-reduction efforts. Data quality is a particular challenge for managing supply chain emissions, as it is beyond our direct control.
  • GroupM is dedicated to developing the tools and technology to ensure that carbon emissions are considered a part of the media planning process. We believe the relative carbon footprint of different media distribution options will increasingly influence where clients choose to make their investments. That is why we are making investments in research, validation and operations to empower buying decisions that factor in supply chain decarbonisation. Our aim, therefore, is to have a new version of the carbon calculator in Q4 2022. We will continue to improve the calculator as data quality evolves.
  • In addition, we are committed to working with and through industry trade bodies and Ad Net Zero to create alignment around a common industry solution. We believe this, along with market commitments to Science-Based targets, including media, will rapidly accelerate decarbonisation of the industry.

GroupM and WPP are holding themselves accountable in their commitment to decarbonisation. WPP has committed to reach net-zero across its direct operations (Scopes 1 and 2) by 2025 and its value chain (Scope 3) by 2030. This commitment includes the media GroupM buys on behalf of their clients, which collectively account for more than 50 pc of WPP’s total emissions. These goals are underpinned by carbon reduction targets that are in line with the Paris Climate Agreement and verified by the Science Based Targets initiative (SBTi).

Tags: decarbonisationGroupMWPP

RECENT POSTS

Priyanka Sethi joins Haier India Appliances as Head of Marketing
Featured

Priyanka Sethi joins Haier India Appliances as Head of Marketing

by MN4U Bureau
March 29, 2023
0

Priyanka Sethi joins Haier India Appliances as Head of Marketing. With over 15 years of experience in marketing and brand...

Read more
Samantha Ruth Prabhu Invests in Nourish You
Featured

Samantha Ruth Prabhu joins Nourish You as investor

by MN4U Bureau
March 29, 2023
0

Nourish You, a homegrown superfood start-up, has announced actor Samantha Ruth Prabhu has invested in the company. Samantha Ruth Prabhu's...

Read more
Prodapt appoints Harsha Kumar as CEO
Featured

Prodapt appoints Harsha Kumar as CEO

by MN4U Bureau
March 29, 2023
0

Prodapt, the specialized player in the Connectedness industry, has announced the elevation of Harsha Kumar to Chief Executive Officer. Kumar...

Read more
Disney to lay off 7,000 employees, major restructuring announced
Digital Tech

Disney pauses metaverse plans, lays off 50 employees

by MN4U Bureau
March 29, 2023
0

Disney has shut down its storytelling and consumer-experiences unit, which was developing metaverse strategies, according to media sources. The move...

Read more
Ponniyin Selvan 2 audio launch set to be held today in Chennai
Featured

Ponniyin Selvan 2 audio launch set to be held today in Chennai

by MN4U Bureau
March 29, 2023
0

Lyca Productions and Madras Talkies gear up to host the audio launch of Ponniyin Selvan 2 at the Jawaharlal Nehru...

Read more
Will streaming vs broadcast war rejuvenate IPL?
Exclusive

Will streaming vs broadcast war rejuvenate IPL?

by Riya Sethi
March 29, 2023
0

Most IPL promos this year by the broadcaster and the streaming partner went head on - wooing the viewer to...

Read more

LATEST NEWS

Samantha Ruth Prabhu Invests in Nourish You

Samantha Ruth Prabhu joins Nourish You as investor

March 29, 2023
Prodapt appoints Harsha Kumar as CEO

Prodapt appoints Harsha Kumar as CEO

March 29, 2023

ANALYSIS

JioCinema's ad revenue to surpass Star India in IPL 2023, reveals MPA report
Analysis

JioCinema’s ad revenue to surpass Star India in IPL 2023, reveals MPA report

by MN4U Bureau
March 27, 2023
0

The total advertising revenue of IPL 2023 will be US$550 million, with digital grabbing a 60% share, according to the...

PEOPLE

Priyanka Sethi joins Haier India Appliances as Head of Marketing
Featured

Priyanka Sethi joins Haier India Appliances as Head of Marketing

by MN4U Bureau
March 29, 2023
0

Priyanka Sethi joins Haier India Appliances as Head of Marketing. With over 15 years of experience in marketing and brand...

Prodapt appoints Harsha Kumar as CEO

Prodapt appoints Harsha Kumar as CEO

March 29, 2023

MARKETING

Samantha Ruth Prabhu Invests in Nourish You
Featured

Samantha Ruth Prabhu joins Nourish You as investor

by MN4U Bureau
March 29, 2023
0

Nourish You, a homegrown superfood start-up, has announced actor Samantha Ruth Prabhu has invested in the company. Samantha Ruth Prabhu's...

Subscribe to Newsletters

ADVERTISING

The Minimalist wins creative and social media mandate for Rio Boom Energy Drink
Advertising

The Minimalist wins creative and social media mandate for Rio Boom Energy Drink

by MN4U Bureau
March 28, 2023
0

Rio Boom Energy has appointed the digital marketing agency The Minimalist to handle its creative and social media mandate. Under...

Pallavi Nayak joins LKSS as EVP - Strategy

Pallavi Nayak joins LKSS as EVP – Strategy

March 28, 2023
Sociowash bags social and creative mandate for Colorbar

Sociowash bags social and creative mandate for Colorbar

March 28, 2023

PRINT

Mathrubhumi to bid farewell to its year-long centenary celebrations
Featured

Mathrubhumi to bid farewell to its centenary celebrations

by MN4U Bureau
March 17, 2023
0

Mathrubhumi announced that the closing ceremony of its centenary celebrations will be conducted on 18th March at the CIAL Convention...

The Hindu Lit For Life makes an on-ground comeback after a 3-year hiatus

The Hindu Lit For Life makes an on-ground comeback after a 3-year hiatus

February 15, 2023
Manorama Online@25: A Celebration of Digital Diversity

Manorama Online celebrates 25 years of operations with expanded digital presence

February 8, 2023

THINK THROUGH

Think Through: IPL 2023 on Digital – Innovations that will change sports viewing forever
Exclusive

Think Through: IPL 2023 on Digital – Innovations that will change sports viewing forever

by Smitha Sapaliga
March 10, 2023
0

IPL 2023 promises to be a one-of-a-kind experience this year for its fan base in India and across the globe....

Contact Us :

UPLIFT MEDIANEWS4U DIGITAL PVT LTD

No. 194B , Aram Nagar 2, JP Road

Versova, Andheri West

Mumbai - 400061

Umanath.V
+91-99400-17868
[email protected]

© 2019 medianews4u.com

No Result
View All Result
  • Exclusive
  • Advertising
  • Media
    • Television
    • Radio
    • OTT
    • Cable & DTH
    • Print
    • Digital
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Think Through
    • Prescience 2023
  • People
  • Events
    • Leader Speak
    • Straight Talk
    • Gamechangers

Medianews4u.com © 2019 - 2023 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist