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 37 is higher than 89% 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 5,624,000 kg CO2e from Scope 3, which includes business travel and waste generated in operations. Their Scope 1 emissions were about 893,000 kg CO2e, while Scope 2 emissions totalled approximately 4,110,000 kg CO2e. Over the years, LPL Financial has shown a trend of reducing emissions. For instance, in 2022, their total Scope 1 and 2 emissions were about 6,027,000 kg CO2e, down from approximately 6,496,000 kg CO2e in 2020. This indicates a commitment to lowering their carbon footprint, although specific reduction targets or initiatives have not been disclosed. LPL Financial's emissions data reflects their ongoing efforts to address climate change, aligning with industry standards for transparency and accountability in carbon reporting. However, the absence of formal reduction targets suggests that while they are making progress, there is room for more structured climate commitments.
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 committed to any reduction initiatives 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.