G$\underline{G}$ is the homotopy loop space of BG$BG$.
More precisely, the two terminal maps G→pt$G\rightarrow pt$ and G→pt$G\rightarrow pt$ yield a weak equivalence G → pt ⨯_{BG} pt$\underline{G} \rightarrow pt\times_{BG} pt$, where the right side denotes the homotopy pullback of the diagram pt→BG←pt$pt\rightarrow BG\leftarrow pt$ and pt$pt$ denotes the representable stack of a smooth manifold given by a single point.