Market Research Report on Scope3

Company Overview

• Name: Scope3

• Mission of the Company: To pioneer sustainability solutions for AI by delivering unmatched accuracy in measuring media and advertising emissions, inspiring and enabling collective action.

• Founding Details: No information is available

• Key People: No information is available

• Headquarters: No information is available

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Scope3 is renowned for its Collaborative Sustainability Platform (CSP) that provides comprehensive media reporting, enabling brands and agencies to measure, optimize, and reduce CO₂ emissions from advertising campaigns.

Products

Scope3 Media Reporting

• Description: The most comprehensive and accurate tool to analyze emissions from advertising campaigns. It allows brands and agencies to measure CO₂ emissions associated with their media efforts, facilitating both identification and reduction of environmental impact.

• Key Features:

• Accurate Emission Analysis: Provides precise measurements of CO₂ emissions across various advertising channels, including digital ads, web, app, connected TV, and social platforms.

• Emissions Optimization Insight: Offers actionable insights to optimize campaigns effectively and achieve up to a 33% reduction in emissions.

• Standardized Emissions Metrics: Uses the gCO₂PM metric (grams of CO₂ per 1000 impressions) to standardize emission analysis across different spend levels, impressions, and channels.

Collaborative Sustainability Platform (CSP)

• Description: A platform designed to help companies clean up advertising by offering a deep dive into their emissions data, enabling better strategies for reducing environmental footprints.

• Key Features:

• Comprehensive Emissions Checking: Allows users to check emissions of every web, app, connected TV, and social platform.

• Research-Based Insights: Provides in-depth research and data regarding digital advertising's environmental impact.

• Integration Flexibility: Offers integration solutions to facilitate seamless use of their sustainability measures with existing systems.

Recent Developments

• Recent Funding: Scope3 has raised $25 million from GV to advance its sustainability solutions for AI. This funding aims to enhance the company's capability to measure and reduce media and advertising emissions.

• New Products Launched: No information is available

• New Features Added to Existing Products: No information is available

• Partnerships: No information is available

Note: The detailed information outlined in this report aligns with the data provided and omits commentary not supported by available sources.