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Multilocal Launches Low Carbon Marketplace Globally To Bolster Sustainability Offering
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Buy-side specialist continues to expand its range of innovative programmatic solutions as it doubles down on the industry’s sustainability challenge
Buy-side specialist continues to expand its range of innovative programmatic solutions as it doubles down on the industry’s sustainability challenge
London, UK – 20th July 2023: Multilocal, the supply-side expert, has launched a low carbon marketplace to clients globally. In partnership with carbon intelligence platform Cedara. It is now able to measure and help clients to optimise their processes and to reduce carbon emissions.
The launch of Multilocal’s low carbon marketplace, tagged as Green PMP deals, comes as sustainable advertising is gaining momentum in the advertising industry, and as a study by Scope 3 shows that advertising campaigns generate 215k tonnes of carbon every month.
Cedara’s methodology has given Multilocal insight into how much carbon its own business is responsible for as well as where it can add value for its partners, for instance by ensuring that no unnecessary bid requests are sent. Multilocal clients are able to benchmark carbon contributions both as individual businesses and as part of the wider advertising industry; alongside the ability to curate PMPs from publishers with less than 1 metric tonne carbon emissions, as measured by Scope 3. Clients can leverage its advanced targeting tools to identify eco-conscious consumers across all verticals.
James Leaver, Multilocal’s CEO, explains: “With growing numbers of companies conscious about the carbon emissions driven by their advertising – and as the market continues to look for innovative ways to counter challenges posed by our increasing use of digital technologies – Multilocal has been able to offer yet another innovation to the sell-side to optimise ad curation efforts across the globe.”
Indeed, the recent ANA Programmatic Media Supply Chain Transparency Study, which focused on open web programmatic advertising, warns of significant issues around inefficiencies and waste. This suggests that sustainability efforts can be enhanced with productive programmatic media buying, pointing to opportunities to drive at least $20 billion in efficiency gains.
Fern Potter, VP Product and Partnerships at Multilocal adds: “At Multilocal, we are on a journey alongside our partners. Not only have we measured our own carbon emissions and streamlined our bid process, but we have also set out to provide clients with the ability to manage their carbon emissions as responsible marketplaces gain momentum across the industry. We are delighted to offer access to technology that can reduce carbon emissions,, as well as giving advertisers the opportunity to target eco-conscious audiences across all verticals and markets. For companies conscious about how much carbon they release, this is a significant step forward.”
Multilocal acts as a single point of contact for its clients’ global digital marketing efforts. It helps clients to dramatically improve efficiency and effectiveness by streamlining programmatic ad placements, with its platform and team taking on time-consuming back-end responsibilities, allowing greater focus on digital marketing goals and growth.
For more information:
Simon Reed. CRO, Mulitlocal simon@multilocal.media
Press Contact:
Maryum Sheikh, Press Lead, The Digital Voice™
About Multilocal:
Multilocal simplifies the way digital programmatic advertising is purchased across the world. With the ever-growing complexity of the digital landscape, we deliver high-quality, domain-vetted websites, data, optimisation and reporting regardless of location to ensure that any advertiser can reach their desired audience, regardless of scale, in any market at any time. Our friction-free solution, which is entirely set up to thrive in a cookieless world, connects brands with multiple international publishers without the need for any party to tackle intricate technology or complex data collection. Founded by a team of former Microsoft executives, Multilocal has teams in 12 markets, and are on hand to help advertisers and agencies in every region of the world 24 hours a day, seven days a week. For more: www.multilocal.media
A low carbon marketplace is a platform that enables businesses to buy and sell advertising solutions that minimize carbon emissions, promoting sustainability in advertising practices.
Programmatic advertising is the automated buying and selling of online advertising space, using technology to optimize ad placements based on data insights.
Green PMP deals refer to private marketplace deals that focus on sustainable advertising practices, allowing advertisers to engage with eco-conscious publishers.
Carbon measurement involves quantifying the carbon emissions produced by a business or activity, helping organizations understand their environmental impact.
Sustainable advertising aims to reduce the environmental impact of marketing efforts by promoting eco-friendly practices and targeting environmentally conscious consumers.
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