Scope3

Scope3

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DateInvestorsAmountRound
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N/A

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Early VC
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$20.0m

Series B
Total Funding€18.2m

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Scope3 is a pioneering company focused on measuring and reducing carbon emissions within the media and advertising industry. As a public benefit corporation (PBC), Scope3's mission is to decarbonize media and advertising, thereby mitigating the adverse effects of greenhouse gas emissions on society and the environment. The company operates in the sustainability and environmental sector, specifically targeting the programmatic advertising ecosystem, which has seen rapid growth without considering its environmental impact.

Scope3 serves a diverse range of clients across the media and advertising supply chain, including publishers, advertisers, and media buyers. By providing accurate data on the carbon footprint of advertising campaigns, Scope3 enables these organizations to make informed, data-driven decisions aimed at reducing their carbon emissions. This is crucial for companies looking to align with global sustainability goals and reduce their environmental impact.

The business model of Scope3 revolves around offering comprehensive emissions measurement and reporting services. The company generates revenue by charging clients for access to its data and analytics tools, which help them understand and manage their carbon footprint. Additionally, Scope3 collaborates with publishers and sellers to support high-quality carbon removal projects, further contributing to its revenue streams.

Scope3's data is widely trusted in the industry as the definitive source for emissions measurement, reporting, and compensation. This trust is built on the company's robust methodologies and commitment to transparency. By focusing on the environmental impact of media supply chains, Scope3 is not only helping companies reduce their carbon footprint but also driving the industry towards more sustainable practices.

In summary, Scope3 is at the forefront of decarbonizing the media and advertising industry by providing essential data and tools for emissions measurement and reduction. Its services are crucial for organizations aiming to achieve sustainability goals and reduce their environmental impact.

Keywords: carbon emissions, media, advertising, sustainability, data-driven, programmatic ecosystem, emissions measurement, carbon footprint, public benefit corporation, environmental impact.

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