LPL Financial, a financial services company, is focused on reducing greenhouse gas (GHG) emissions as part of its commitment to environmental stewardship. In terms of carbon emissions, LPL Financial reported a decrease in scope 1 emissions from 1,629 metric tonnes of CO2e in 2021 to 1,509 metric tonnes of CO2e in 2022, representing a 7% reduction. However, scope 2 emissions (location-based) increased from 5,449 metric tonnes of CO2e in 2021 to 6,027 metric tonnes of CO2e in 2022, indicating an 11% increase. Scope 3 emissions, specifically related to business travel, saw a significant increase from 837 metric tonnes of CO2e in 2021 to 1,899 metric tonnes of CO2e in 2022, representing a 127% increase.

To reduce its GHG emissions, LPL Financial has implemented various measures. These include energy conservation initiatives, such as the use of a building automation system to optimize energy usage. The company also engages in recycling initiatives and offers recycling options for different types of waste, including batteries, eyeglasses, coffee pods, and print cartridges. Additionally, LPL Financial has invested in water recycling systems to reduce water consumption.

In conclusion, LPL Financial is committed to environmental stewardship and has taken steps to reduce its carbon and GHG emissions. LPL Financial is implementing energy conservation initiatives, recycling programs, and water management systems to achieve its net-zero targets and reduce its environmental impact.

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