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 31 is higher than 79% 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, comprising 893,000 kg CO2e from Scope 1, 4,110,000 kg CO2e from Scope 2, and 5,624,000 kg CO2e from Scope 3 emissions. This marks a significant reduction in Scope 1 emissions compared to previous years, where Scope 1 emissions were 1,621,000 kg CO2e in 2021 and 1,510,000 kg CO2e in 2022. In 2022, the company emitted about 6,027,000 kg CO2e from Scope 2 and 1,899,000 kg CO2e from Scope 3, indicating a shift towards lower emissions in recent years. The total emissions for 2021 were approximately 6,549,000 kg CO2e, with Scope 1 at 1,629,000 kg CO2e and Scope 2 at 5,449,000 kg CO2e. Despite these reductions, LPL Financial has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions across all three scopes, aligning with industry standards for transparency in climate commitments.
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 |
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.