Lpl Financial
LPL Financial, also known as LPL, is a leading independent broker-dealer headquartered in San Diego, California, with significant operations across the United States. Founded in 1989, LPL has established itself as a key player in the financial services industry, providing a comprehensive range of investment and wealth management solutions. The firm offers unique services, including advisory platforms, brokerage services, and technology solutions tailored for financial advisors and institutions. LPL Financial stands out for its commitment to empowering advisors with the tools and resources needed to serve their clients effectively. With a strong market position, LPL has achieved notable milestones, including being one of the largest independent broker-dealers in the nation, serving thousands of financial professionals and millions of clients.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Lpl Financial's score of 34 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lpl Financial's reported carbon emissions
In 2023, LPL Financial reported total carbon emissions of approximately 5.6 million tonnes CO2e, comprising 893,000 tonnes CO2e from Scope 1, 4.1 million tonnes CO2e from Scope 2, and 5.6 million tonnes CO2e from Scope 3 emissions, which included 2.5 million tonnes CO2e from business travel. This marked a significant reduction in Scope 1 emissions compared to previous years, where Scope 1 emissions were about 1.5 million tonnes CO2e in 2022 and 1.6 million tonnes CO2e in 2021. LPL Financial's emissions data indicates a commitment to reducing their carbon footprint, although specific reduction targets have not been publicly outlined. The company has participated in the CDP (formerly Carbon Disclosure Project) reporting, where it received a score of "F" in its latest assessment, indicating room for improvement in its climate strategy and transparency. Overall, LPL Financial is actively working towards understanding and managing its carbon emissions, with a focus on reducing Scope 1 and Scope 2 emissions while addressing the significant impact of Scope 3 emissions from business travel.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to some 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.
