Young Consumers More Likely To Buy From Sustainable Advertisers: Viant Study

Sustainability
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A survey conducted by Viant Technology found that more than two-thirds of consumers between the ages of 18 and 34 said they are more likely to purchase from companies committed to sustainability.

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Of the 1,000 consumers surveyed, 69% said it is businesses’ responsibility to reduce their environmental impact and 65% were looking for companies to take specific action to reduce their carbon footprint.

Sustainability has become an important part of many advertisers’ messaging to consumers. It is also becoming an increasingly key part of the media and advertising business, as companies spring up to measure the energy usage and environmental impact of different advertising platforms and formats as part of clients’ commitment to reduce emissions.

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“Our latest research demonstrates that consumers are increasingly looking for brands to not only talk about sustainability and about reducing their carbon footprint, but to take real action,” Jon Schulz, chief marketing officer at Viant, said. “As sustainability remains top of mind for both brands and their customers, we are pleased to offer our clients a number of leading-edge solutions, including our Adtricity program, which helps brands take real action to achieve their sustainability goals.”

Earlier this year, Viant launched its Adtricity program to help brands take action to achieve sustainability goals. This week, Viant launched its new Carbon Emissions Calculator to help advertisers assess the carbon impact of their digital campaigns.

The Viant survey also found that sustainability is more important to Gen Z and millennial consumers than to older people. Using renewable energy can help brand perception, particularly among younger consumers, with 74% of 18-to-34-year-olds saying they would view a brand positively if it used renewable energy sources, compared to 67% of all consumers.

The Viant survey was conducted online with 1,197 respondents between May 1 and May 2.

Jon Lafayette

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.