PR Newswire
22 Jun 2022, 02:03 GMT+10
Ad Net Zero Expansion Led By Advertisers, Agency Groups, Media & Trade Bodies
Companies Invited to Join Global Efforts To Drive Rapid Change
CANNES, France, June 22, 2022 /PRNewswire/ -- Leaders from many of the largest companies and associations in the world's advertising industry have announced their intent to apply learning from the UK and plan the roll out of Ad Net Zero internationally to major markets. The world's major advertising agency holding companies, dentsu international, Havas, Interpublic Group, Omnicom, Publicis Groupe and WPP, along with Unilever - one of the world's largest advertisers, global tech companies, Google and Meta, plus European media company Sky, will be supported by US trade bodies, ANA, 4A's and the IAB, European and global agency associations, EACA and Voxcomm, the WFA representing global advertisers and the IAA to extend the Ad Net Zero programme from the UK to other major advertising markets. Ascential, owner of LIONS, has played a major role in convening this international action to tackle the climate emergency. The group invited more organisations with international reach to join and help support the roll-out plans.
The Ad Net Zero programme was launched in the UK in November 2020 by the Advertising Association, ISBA and the IPA and counts over 100 advertisers, agencies, commercial media owners and production companies in its membership. All the partners in the global coalition are supporters in the UK and are committed to build plans to extend Ad Net Zero into other major markets. The focus of the new Ad Net Zero group will be to rapidly establish plans for roll-out in major advertising markets with immediate focus on the US and the EU, working in partnership with the UK team. The next update will be presented at the Ad Net Zero Global Summit which will take place online on November 9 and 10, alongside COP27. Going forward, progress will be shared and discussed at Cannes Lions each summer and the Global Summit each November, in line with the COP event, to maintain momentum during this critical decade.
Stephen Woodford, Chief Executive, Advertising Association, said: "Our 5-point action plan pledges to reduce carbon emissions from UK advertising operations to net zero by 2030, with businesses committing to robust, verified plans to reduce their emissions. It also pledges to use advertising's power to accelerate the switch to more sustainable products and services for consumers. We are excited to be working now on a roadmap for development internationally, with the flexibility to adapt and develop market specific solutions and share best practice in sustainable ad operations. We welcome all organisations interested in this to contact us to find out more."
The global advertising industry, as measured by advertising media investment, was worth $594,322bn in 2020. The top 20 advertising markets account for 89.3% of this spend and these markets will be the focus for the programme's rollout.
For more details, please visit: https://adnetzero.com
SOURCE Advertising Association
Get a daily dose of Philippine Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Philippine Times.
More InformationWASHINGTON, DC - U.S. President Joe Biden on Friday vowed to "do all in my power" to protect a woman's ...
YANGON, Myanmar - According to military-run media, a junta delegation discussed nuclear technology collaboration with a Russian state-owned atomic energy ...
DHAKA, Bangladesh - The United States Agency for International Development (USAID) is providing more than Tk2.3 crore in emergency funding ...
PHNOM PENH, Cambodia: Cambodian villagers on the Mekong River have caught a stingray fish weighing 661 pounds, which is the ...
OTTAWA, Canada: Over the next six years, Canada will spend $4.9 billion Canadian (US$3.8 billion) to modernize its aging military ...
NEW DELHI, India: The European Union and India have relaunched talks to implement a free trade agreement, aimed to be ...
NEW YORK, New York - Stocks on Wall Street and around the globe rallied hard on Friday pushing the major ...
DETROIT, Michigan: Detroit's three big automakers - General Motors, Ford and Chrysler parent Stellantis NV - have announced that wearing ...
HONG KONG: To cope with the weakening property market, developers in China are coming up with innovative ways to attract ...
SYDNEY, NSW, Australia - Stocks in Asia made solid gains on Friday in a positive end to the week.In Japan, ...
BEIJING, China: Amidst warmer-than-normal weather, power consumption surged in the Chinese provinces north of the Yangtze river, with regions such ...
LONDON, England: Surging food prices in the UK pushed consumer price inflation to 9.1 percent last month, a 40-year record ...