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
At LPL, environmental sustainability is embedded in the way we do business. We integrate environmentally friendly practices throughout our facilities and operations. For example:
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. More examples of our efforts follow.
Sustainability Employee Action Committee (EAC)
LPL’s Sustainability EAC is comprised of LPL employees who serve as “sustainability champions.” They work to promote and encourage participation among their fellow employees in eco-friendly practices. They’re also responsible for organizing LPL’s annual Earth Day celebration, with activities ranging from on-site paper shredding, battery, and eyeglass recycling to book and athletic shoe donations. The Sustainability EAC is one of the many ways LPL helps advisors 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 facilities in Fort Mill, SC (known as the Carolinas campus) and San Diego, CA.
The LPL Carolinas Campus
Leveraging technology and materials that minimize impact to the environment, LPL’s Carolinas campus incorporates net-zero water design strategies, integrates nature into the design of the buildings, creates an engaging workspace for LPL employees, and serves as a source of pride for employees as well as the LPL advisor network. It 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, and their design is heavily influenced by and respectful of its natural surroundings. Sustainable design features include:
Research shows that maintaining a work environment where employees are engaged and healthy not only 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 also includes various amenities that promote employee well-being and encourage greater 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. In addition, the on-site cafeteria offers a wide range of healthy food options and 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 advanced materials to minimize the facility’s effects on the environment. Among its attributes are an almost 40 percent reduction in potable water use and the diversion of more than 77 percent of construction-generated waste from landfills.
In addition, recycled materials comprised 19 percent of the total building materials, while 67 percent of wood-based building materials were certified to criteria set by the Forest Stewardship Council.
The tower has three fuel cells to convert biogas into carbon-neutral electricity. Energy meters are located throughout the building, and surplus power is pushed back to the grid through San Diego Gas & Electric. The tower also has LED lights that automatically dim based on available natural light and sensors that turn lights off by detecting unoccupied offices.
In addition, 88 percent of the tower’s water consumption, estimated at nearly 2.5 million gallons a year, is recycled and used for irrigation and other building needs. On-site charging stations for electric vehicles are also available for employee use at no cost.
Designed to foster employee well-being as well, the tower offers an abundance of natural light. More than 94 percent of all regularly occupied spaces featuring direct views to the outdoors. The building also includes sit-to-stand workstations and individual thermal controls at each workspace.
LPL Financial’s commitment to sustainability is making the news. Below are just a few of the stories. You can also learn more by contacting Sara Nomellini at Sara.Nomellini@lpl.com or 704-733-3660. If you’re interested in learning about sustainable investing, download LPL Financial’s thought leadership article on the topic: Sustainable Investing: Strategic Discovery.