AdvisoryWorld, Inc., headquartered in the United States, is a leading provider of innovative financial technology solutions tailored for the wealth management industry. Founded in 2011, the company has established itself as a key player in the financial services sector, focusing on portfolio management, financial planning, and client engagement tools. With a commitment to enhancing advisor-client relationships, AdvisoryWorld offers unique software solutions that streamline investment analysis and reporting. Their flagship products, including the Advisor Portfolio Management System and the Investment Analysis Tool, are designed to empower financial advisors with data-driven insights and customisable reporting capabilities. Recognised for its cutting-edge technology and user-friendly interface, AdvisoryWorld has garnered a strong market position, serving a diverse clientele across the United States and beyond. The company continues to innovate, ensuring that financial professionals have the tools they need to succeed in an ever-evolving landscape.
How does AdvisoryWorld, Inc.'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 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.
AdvisoryWorld, Inc.'s score of 22 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
AdvisoryWorld, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of LPL Financial Holdings Inc., which may influence its climate-related initiatives and reporting. While AdvisoryWorld, Inc. has not established its own reduction targets or climate pledges, it is important to note that it inherits relevant climate performance data from its parent company, LPL Financial Holdings Inc. This relationship may provide a framework for future commitments and initiatives aimed at reducing carbon emissions. As of now, AdvisoryWorld, Inc. has not publicly committed to any specific science-based targets or initiatives such as those outlined by the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The lack of reported emissions data and reduction targets suggests that the company may still be in the early stages of developing its climate strategy.
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 |
AdvisoryWorld, Inc.'s Scope 3 emissions, which increased by 196% last year and increased by approximately 60% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 53% of total emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 118% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
AdvisoryWorld, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.