Ad Net Zero reports industry progress to net zero, but more work needed

16th November 2023: Ad Net Zero, the global climate action programme to help the advertising industry tackle the climate emergency, has released today its first review of UK, US and global supporter bases to mark its 3rd anniversary.

Overall results, drawn from publicly available information from our supporter base, show that advertisers within Ad Net Zero are leading in setting targets for near term greenhouse gas (GHG) emissions reductions and for reaching net zero. However, while good progress has already been made across the entire advertising ecosystem, the level of reporting seen by advertisers has yet to fully translate in the same proportion across other sectors. This includes agencies, media owners, and ad tech companies of all sizes that make up advertisers’ supply chains, but notably, excludes tech platforms.

Specific findings:

•  100% of supporting tech platforms have set both net zero and near-term targets.
• 88% of supporting advertisers have set net zero targets, with 100% setting near-term targets.
• 35% of supporting Creative/Ad agencies have set science-based net zero targets, but 54% have set near term reduction targets*.
• 34% of supporting production companies have set net zero/near-term targets.
• Only 10% of supporting ad tech companies have set science-based net zero targets.

The ad industry must keep up with advertisers, and the Ad Net Zero action plan provides an immediate and practical path to progress.

With increasing disclosure requirements and consumer pressure, advertisers are the leading sector in the supporter base for driving the transformation towards net zero. In order to drive the industry towards a Paris-aligned net zero transition and keep up with a tightening regulatory environment, the advertising ecosystem in its entirety must urgently begin reporting and working towards credible net zero transitions. This is why Ad Net Zero introduced mandatory reporting of science-based targets earlier this year.

In addition, against each point of the Ad Net Zero action plan, there is an immediate and practical path to progress. From step-by-step immediate action guides, to deeper sustainability partnerships and the Campaign Ad Net Zero awards, the tools, resources and inspiration to measure emissions and transform business practices are all operational and accessible across the Ad Net Zero 5-point action plan.

This is shown in the full report, which can be viewed here.