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illuminem summarizes for you the essential news of the day. Read the full piece on ESG Today or enjoy below:
🗞️ Driving the news: Google has launched Carbon Footprint for Google Advertising reports, allowing advertisers to measure and manage the emissions of their ad campaigns
• This initiative comes amid growing sustainability regulations like the EU’s CSRD directive and increasing consumer demand for climate-conscious brands
• The reports track carbon emissions across Google’s ad platforms, including Google Ads, Display & Video 360, and Search Ads 360
🔭 The context: The new tool provides first-party emissions data, categorized by Scopes 1, 2, and 3, in line with the Greenhouse Gas Protocol and Ad Net Zero Global Media Sustainability Framework
• Companies like L’Oréal, Carwow, giffgaff, and LVMH have already tested the tool, with early findings showing previous estimates often overstated emissions
• Google aims to support brands in integrating sustainability into marketing strategies while complying with climate regulations
🌍 Why it matters for the planet: Advertising's carbon footprint is often overlooked, yet digital campaigns consume vast amounts of energy and data processing power
• Accurate emissions tracking helps brands optimize sustainability strategies and reduce unnecessary carbon impact
• As net zero commitments increase, transparent emissions data is key to holding companies accountable
⏭️ What's next: The reports are currently available for select large-scale advertisers, with wider rollout planned
• Google’s tool could set a new industry standard for sustainable advertising, potentially pushing other tech and media platforms to follow suit
• More precise emissions tracking may also influence advertising budgets and carbon reduction investments
💬 One quote: “Measurement is foundational to establishing marketing priorities and net zero goals that are both actionable and effective.” – Adam Elman, Sustainability Director at Google
📈 One stat: Carwow found that traditional spend-based emissions estimates overstated the carbon footprint of its Google Ads campaigns, highlighting the value of first-party data
See here detailed sustainability performance of companies like Google, LVMH and L’Oréal
Click for more news covering the latest on corporate sustainability
