family enjoying themselves in a lush and grassy outdoor setting

Environmental Sustainability

From the breakroom to the boardroom, LPL Financial engages in numerous initiatives and daily practices to use natural resources responsibly and reduce our environmental footprint. We do so because it’s good for our stakeholders, our business, and our planet.

We set out to build an extraordinary workplace that would enhance the lives of our employees and demonstrate LPL’s commitment to sustainability.

- Sallie Larson, LPL Chief Human Capital Officer

Eco-friendly practices are business as usual

At LPL, environmental sustainability is embedded in the way we do business. We integrate eco-friendly practices throughout our facilities and operations. For example:

  • We conveniently locate recycling and composting stations throughout LPL’s LEED-certified Fort Mill, SC, facilities. They feature bold graphics to help distinguish between what gets recycled, composted, or tossed. Dual-bin, desk-side trash cans also make it convenient for our Fort Mill employees to start the compost and recycle chain right at their desks with one bin for compostable materials and another for recyclables and landfill waste.
  • LPL’s LEED-certified San Diego facility employs single-stream waste management. Our San Diego employees can commingle all paper, plastics, glass, cans, and other recyclable waste in single desk-side recycling containers. Or, they can use properly identified waste containers in the kitchenettes, copy centers, and common areas.
  • LPL’s Fort Mill location provides boxes for used coffee pods in its breakroom. Once filled, they’re sent out to be melted and pelletized into new raw material.
  • LPL’s on-site cafeteria in Fort Mill uses eco-friendly meal containers and recycling and composting stations.
  • All LPL facilities include on-site battery and printer cartridge recycling.
  • In conjunction with SANDAG’s iCommute program, LPL identifies eco-friendly commuting options for employees working in its San Diego office.

Studies have shown that environmental sustainability is beneficial for business and for employees. Our goal at LPL is to embed it in our company’s DNA as well. 
 

Sustainability employee action committee (EAC)

LPL’s Sustainability EAC is comprised of employees who serve as “sustainability champions.” They promote and encourage participation among their peers in eco-friendly practices.

They’re also responsible for organizing LPL’s annual Earth Day celebration, with activities ranging from on-site paper shredding and battery recycling to book and athletic shoe donations. The Sustainability EAC is one of the many ways LPL helps financial professionals and employees be part of bringing about positive change and experience a higher sense of purpose.
 

Environmentally conscious facilities

Perhaps the strongest example of LPL’s commitment to sustainability is the design of its free-standing green buildings in Fort Mill, SC, (known as the Carolinas campus) and San Diego, CA.  LPL’s Boston office also is in a LEED-certified, high-rise building in the city’s financial district downtown.

The LPL Carolinas campus

Leveraging technology and materials that minimize impact to the environment, LPL’s Carolinas campus incorporates net-zero water design strategies and integrates nature into the design of the buildings. This creates an engaging workspace for employees, and serves as a source of pride for employees and the LPL financial professional network. LPL earned LEED® Gold certification for its innovation in sustainable design strategies.

The campus features two office buildings and a parking garage located adjacent to a 2,100-acre nature preserve. Their designs are heavily influenced by and respectful of the natural surroundings. Sustainable design features include:

  • Natural light. The buildings incorporate abundant natural daylight, creating a pleasant work environment while reducing lighting-related energy consumption. Nearly every workspace provides an outdoor view.
  • Net-zero water usage. The campus employs water-efficient systems that recycle and redirect water so the consumption of non-potable water is less than the water needed for the facility’s cooling, irrigation and plumbing systems. The systems also slow the water entering the local stormwater system.
  • A well-energized workspace. The smart use of brick and glass minimize heat and maximize light. The innovative HVAC system brings in 30% more outside air than is standard.
  • Environmentally conscious landscaping and exterior design. Construction strategies spared as many trees as possible and enabled the use of reclaimed hardwoods for building construction. Specially selected exterior design materials reduce heat islands and energy consumption.
  • Support for alternative energy usage. The adjacent garage offers 12 electric vehicle-charging stations and 100 preferred parking spaces for fuel-efficient vehicles.

Research shows that maintaining a work environment where employees are engaged and healthy helps mitigate financial, legal, and reputational costs and risks to the company. It also can improve worker productivity, creativity, loyalty, and happiness.

That's why our Carolinas campus includes amenities to promote employee well-being and encourage physical movement. Among them: sit-to-stand adjustable workstations, two miles of walking trails, a community garden, outdoor sports courts, bicycle storage, and a bicycle share program.

The on-site cafeteria offers a wide range of healthy food options. It also employs composting, recycling, and other sustainability practices.

The LPL San Diego Campus

LPL’s San Diego facility earned LEED Platinum certification from the U.S. Green Building Council (USGBC) for its design and construction.

The building’s design team leveraged technology and special materials to minimize the facility’s effects on the environment. The facility’s attributes and accomplishments include:

  • An almost 40% reduction in potable water use
  • 88% of the building’s water consumption, estimated at nearly 2.5 million gallons a year, is recycled and used for irrigation and other building needs
  • The diversion of more than 77% of construction-generated waste from landfills
  • Recycled materials that comprise 19% of the total building materials, while 67% of wood-based building materials meet criteria set by the Forest Stewardship Council
  • Three fuel cells to convert biogas into carbon-neutral electricity
  • Energy meters located throughout the building
  • The ability to push surplus power back to the grid through San Diego Gas & Electric

Designed to foster employee well-being as well, the 13-story tower offers an abundance of natural light. More than 94% of all regularly occupied spaces feature direct views to the outdoors.

The tower also has LED lights that automatically dim based on available natural light. Sensors turn lights off by detecting unoccupied offices.

The building includes sit-to-stand workstations and individual thermal controls at each workspace. We also make on-site charging stations for electric vehicles available for employee use at no cost.