Company Research Report: Good-Loop Ltd
Company Overview
- Name: Good-Loop Ltd
- Mission of the Company: Good-Loop aims to make advertising a force for good by raising money for causes, reducing emissions, and funding quality journalism, thus creating Good-Media™.
- Founded: No information is available.
- Founders: No information is available.
- Key People: Amy Williams (Founder and CEO)
- Headquarters:
- London: M25/26 South Wing, Somerset House, Victoria Embankment, London, WC2R 1LA
- Edinburgh: 9 St Colme Street, Edinburgh, EH3 6AA
- New York: The Farm Soho, 447 Broadway, 2nd & 3rd Floor, New York, NY 10013
- Number of Employees: No information is available.
- Revenue: No information is available.
- What is the Company Known For: Good-Loop is known for transforming traditional advertising into Good-Media™, which focuses on positive social impact through charity donations and carbon reduction.
Products
Good Formats
- High-Level Description: Incentivize consumer engagement through various actions (viewing, listening, tapping, scanning, swiping) that unlock donations.
- Key Features:
- Ads achieve 3.7 seconds of active attention, surpassing the industry average by 2 seconds.
- Brands see up to a 21% increase in brand consideration and a 75% increase in brand recall.
Good Measures
- High-Level Description: Tools to measure and reduce the carbon footprint of digital advertisements.
- Key Features:
- Reduces CO2e emissions by 10% (2022 Q2-Q4).
- Provides comprehensive carbon measurement aligned with the Global Media Sustainability Framework.
Good Packages
- High-Level Description: Curated audience segments to fund quality journalism and reduce media waste.
- Key Features:
- Aligns campaigns with effective reach and context to improve ad performance.
- Supports ethical and low-emission publishers, reducing net publisher-side emissions.
Recent Developments
- New Brand Identity and Leadership Restructuring: The company unveiled a new brand to promote Good-Media™, highlighting media that benefits people and the planet.
- Recent Collaboration with Spotify & Magner’s Cider: Partnered on an audio campaign to support the UK’s bee population.
- Notable Achievements:
- Winner of Best Sustainable Ad Tech Platform.
- Raised over $11 million for various global causes through creative and strategic ad campaigns.
- Officially carbon neutral since 2021.
- Recent Campaign Successes:
- Vanish: Achieved a 57% increase in ad recall through autism awareness campaigns, raising £25,000 for Ambitious about Autism.
- Canesten: Earned an 83% surge in purchase intent, with 80% completed view rates.
- Asics: Boosted completed views by 41% while supporting mental health charity Mind, achieving a 93% completion rate for their creative content.
Partnerships and Certifications
- B Corp Certification: Became a certified B Corporation in 2019, reflecting its commitment to sustainability and social good.
- Ad Net Zero Part: Actively involved in industry initiatives to reduce carbon emissions in advertising.
Insights and Commitments
- Good-Loop emphasizes transparency in its operations, reinforced through regular impact and sustainability reports.
- The company offers Good-Media™ Academy courses to educate and promote sustainable advertising practices.
- Continues to advocate for diversity, equity, and inclusion within its operational frameworks and community engagements.
Company Culture and Benefits
- Values: Encourages a supportive and inclusive workplace dedicated to driving social impact.
- Employee Benefits:
- Flexible working hours.
- Comprehensive wellness budget.
- Equity options and revenue-sharing schemes.
- Enhanced parental leave policies.
No further information is available on founders' details, detailed revenue and financial statistics, or founding dates. This concise overview reflects the current available data about Good-Loop Ltd's operations, culture, products, and social commitments as of the latest insights.