LPL Financial LLC, headquartered in the United States, is a leading player in the financial services industry, specialising in wealth management and investment advisory services. Founded in 1989, LPL has grown significantly, establishing a strong presence across major operational regions, including the East Coast and West Coast of the US. The firm offers a diverse range of core products and services, including brokerage services, financial planning, and asset management, tailored to meet the unique needs of independent financial advisors and their clients. LPL's commitment to innovation and technology sets it apart, enabling advisors to deliver personalised solutions effectively. With a robust market position, LPL Financial is recognised for its extensive network of advisors and has achieved notable milestones, including being one of the largest independent broker-dealers in the nation. This reputation underscores LPL's dedication to empowering financial professionals and enhancing client experiences.
How does LPL Financial LLC'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 Business Services 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 LLC's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, LPL Financial LLC reported total carbon emissions of approximately 9,000,000 kg CO2e, comprising 1,509,000 kg CO2e from Scope 1, 6,027,000 kg CO2e from Scope 2, and 1,899,000 kg CO2e from Scope 3, specifically related to business travel. This represents a slight decrease in emissions from 2021, when total emissions were about 9,000,000 kg CO2e, with Scope 1 emissions at 1,629,000 kg CO2e, Scope 2 at 5,449,000 kg CO2e, and Scope 3 at 837,000 kg CO2e. LPL Financial has set ambitious reduction targets, aiming for a 7% reduction in Scope 1 emissions and an 11% reduction in Scope 2 emissions by 2025, using 2021 as the baseline year. These commitments reflect the company's proactive approach to managing its carbon footprint and aligning with industry standards for sustainability. The emissions data is cascaded from LPL Financial Holdings Inc., indicating a corporate family relationship that influences their sustainability reporting. Overall, LPL Financial LLC is actively working towards reducing its carbon emissions while maintaining transparency in its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 1,629,000 | 0,000,000 |
Scope 2 | 5,449,000 | 0,000,000 |
Scope 3 | 837,000 | 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 LLC 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.