LPL Financial, a leading independent broker-dealer, is headquartered in the United States and operates extensively across the nation. Founded in 1989, LPL has established itself as a prominent player in the financial services industry, providing a comprehensive range of investment and wealth management solutions. The firm offers unique services, including advisory platforms, technology solutions, and compliance support, tailored to empower financial advisors and their clients. LPL Financial is recognised for its commitment to innovation and client-centric approach, positioning itself as a trusted partner in the financial landscape. With a strong market presence and a focus on enhancing advisor productivity, LPL continues to achieve significant milestones, solidifying its reputation as a leader in the independent advisory space.
How does Lpl Financial's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Lpl Financial's score of 42 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LPL Financial reported total carbon emissions of approximately 8,000,000 kg CO2e, comprising 893,000 kg CO2e from Scope 1, 4,110,000 kg CO2e from Scope 2, and 5,624,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions were significantly driven by business travel, accounting for about 2,525,000 kg CO2e. LPL Financial has set ambitious reduction targets to address its carbon footprint. The company aims to reduce its Scope 1 emissions by 7% from a 2021 baseline by 2025, and its Scope 2 emissions by 11% over the same period. Additionally, LPL has committed to a more substantial reduction of 30% in Scope 1 emissions and 25% in Scope 2 emissions by 2030, both from a 2020 baseline. These commitments reflect LPL Financial's proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. The company is actively working towards these targets to mitigate its environmental impact and contribute to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,461,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 2 | 3,087,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 3,519,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lpl Financial is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.