Company News

Brand Advance SSP To Measure Carbon Footprint Of Online Ads Through Green Media Integration With Good-Loop

Leading diversity media network to enable advertisers to help reduce environmental impact of their digital ad campaigns through partnership with purpose-powered platform

LONDON, EDINBURGH, NEW YORK - January 31, 2023 - Brand Advance SSP, the leading diversity media ad tech platform, today announced a global partnership with purpose-led ad platform Good-Loop that enables advertisers to measure the carbon footprint of their digital campaigns.

The partnership will see Good-Loop's proprietary green media technology utilised across Brand Advance SSP campaigns, allowing brands and agencies to reach diverse audiences all around the world using climate-friendly advertising.

Using Good-Loop's Green Ad Tag, Brand Advance SSP customers will be able to monitor in real time the carbon emissions generated by their online ad campaigns, helping them to reduce the environmental impact of their digital advertising. Advertisers will also be able to offset the carbon cost of their online ads by funding renewable energy projects via Gold Standard.

Advertising adds 32% to an individuals' carbon footprint, according to a recent study by Purpose Disruptors, with the electricity required to power the digital ad ecosystem a major contributor to Adland's substantial carbon footprint. The average online ad campaign emits 5.4 tonnes of carbon (source: Good-Loop) - almost half what an average UK consumer and a third of what a US consumer produces in a year.

Christopher Kenna, CEO North America and founder of Brand Advance Group, said: "Sometimes in life you need to put your money where your mouth is if you're going to leave a better world for your own children. At Brand Advance Group, we pride ourselves on the global audiences we offer to our clients, but can now add our focus on getting as close to Net Zero as possible. Our clients can view all the results within the Community Impact Index on our proprietary Cultural Intelligence platform, where they can monitor all their campaigns' carbon footprints and action taken to offset them.

"It's no surprise the very communities Brand Advance Group help clients reach are disproportionately affected by climate change and therefore it's very much in all our interest to ensure we combat this in every way possible. We're proud to partner with Good-Loop, and alongside being members of the Conscious Ad NetWork (CAN), are keen to do everything we possibly can to decarbonise digital advertising."

Good-Loop CEO and founder Amy Williams said: "Good-Loop and Brand Advance Group were already united by a shared vision to build a better, more equal, more positive and more responsible advertising industry.

"The reality is, we cannot build a truly inclusive ad industry without also addressing our environmental responsibility and no single organisation can hope to turn the tide alone. But together, with this new partnership in place, our shared vision has become a shared endeavour and our two organisations present a pretty unstoppable force for change."

Good-Loop, a Certified B Corporation, is on a mission to develop solutions that move the industry towards positive, climate-friendly advertising.

The company's green media technology can be appended to any digital campaign and helps advertisers track and reduce the end-to-end carbon emissions generated by their digital ads. It detects data transmission in real-time, allowing for variations in territory, device, bandwidth usage and time of day.

Brand Advance SSP's unique set of solutions help brands to engage digitally (desktop, tablet, mobile,CTV, OOH and in-app) across all tiers of diversity-focussed publishers and minority owned and operated platforms around the world.

To find out more about Brand Advance Group, visit https://wearebrandadvance.com/

To learn more about Good-Loop, visit https://good-loop.com

About Good-Loop

Good-Loop is a purpose-powered ad tech platform that drives ad engagement by converting people's attention into donations to good causes around the world.

The company, which has offices in London and Edinburgh, is on a mission to make the connection between brands and consumers more meaningful by delivering respectful ads that bring real social impact, while also driving significant business and brand uplifts for advertisers.

The company has raised more than $5M for charities such as Save the Children, WaterAid and GOSH. Clients include Unilever, Nestlé, Levi's, Bose and H&M.

In February 2022, the company closed a Series A funding round of $6.1M, led by New York-based investment fund, Quaestus Capital Management (QCM), with additional backing from Scottish Enterprise, impact investor SIS Ventures and European ad tech fund First Party Capital, bringing total investment into the ad tech for good platform to $8.2M (£6m) since it was formed in 2016.

About Brand Advance Group

The Brand Advance Group is a global, multi-channel diversity media network. We help brands reach diverse audiences across the globe with authenticity. Authenticity is key, which is why our teams represent the audiences we aggregate through the network, across all channels. From strategy, to idea, to execution, our diversity network provides a springboard for our clients to reach, engage and commercialise many community audiences. All the while, putting money back into these communities through the publisher initiatives we work closely with.

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