LPL Financial, a leading player in the financial intermediation services sector, is headquartered in the United States. Founded in 1989, the firm has established itself as a prominent provider of investment and wealth management solutions, catering to independent financial advisors and institutions across the nation.
With a focus on empowering advisors, LPL Financial offers a comprehensive suite of services, including brokerage, advisory, and technology solutions, designed to enhance client engagement and streamline operations. The company’s commitment to innovation and client-centric strategies has positioned it as a trusted partner in the financial services industry.
Notably, LPL Financial has achieved significant milestones, including being one of the largest independent broker-dealers in the U.S., reflecting its strong market presence and reputation for excellence.
-2 vs industry average
Lpl Financial’s score of 33 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Lpl Financial?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lpl Financial's reported carbon emissions
LPL Financial, operating within the financial intermediation services sector (excluding insurance and pension funding), reported its carbon emissions for recent years.
2023 Emissions: LPL Financial's total carbon emissions in 2023 amounted to approximately 56.4 million kg CO2e. This comprised:
- Scope 1: Roughly 893,000 kg CO2e, primarily from stationary combustion.
- Scope 2: Approximately 4.11 million kg CO2e (location-based), with a market-based figure of about 1.9 million kg CO2e.
- Scope 3: An estimated 51.5 million kg CO2e, with business travel and upstream leased assets being significant contributors.
2022 Emissions: In 2022, LPL Financial's total emissions were approximately 22.6 million kg CO2e.
- Scope 1: Reported at about 1.51 million kg CO2e.
- Scope 2: Totalled approximately 6.03 million kg CO2e (location-based), with the market-based figure at 0 kg CO2e.
- Scope 3: Stood at around 15.0 million kg CO2e, with business travel a notable component.
Historical Emissions:
- 2021: Total emissions were approximately 7.08 million kg CO2e, with Scope 1 at about 1.63 million kg CO2e and Scope 2 at around 5.45 million kg CO2e. Scope 3 included business travel of approximately 837,000 kg CO2e.
- 2020: Total emissions were roughly 7.5 million kg CO2e, comprising Scope 1 of about 1.22 million kg CO2e and Scope 2 of approximately 6.28 million kg CO2e. Scope 3 included business travel of around 871,000 kg CO2e.
- 2019: Total emissions were approximately 4.55 million kg CO2e for Scope 1 and 2 combined, with Scope 1 at about 1.46 million kg CO2e and Scope 2 at around 3.09 million kg CO2e. Scope 3 business travel was approximately 3.52 million kg CO2e.
Climate Commitments and Reduction Targets: LPL Financial has established near-term reduction targets. The company aims to reduce its Scope 1 emissions by 30% by 2030, using a 2020 baseline. Additionally, it intends to decrease its Scope 2 emissions by 25% by 2030, also from a 2020 baseline. Progress towards these targets is being monitored.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Lpl Financial’s Climate Goals (2030 & 2050)
2 goals2030
30% reduction in Scope 1
We aim to reduce our Scope 1 emissions by 30% by 2030 from a 2020 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Lpl Financial
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project