In 2023, Piper Sandler Companies completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Piper Sandler Companies has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2023, the total operational greenhouse gas (GHG) emissions of Piper Sandler Companies amounted to 2,993 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Piper Sandler Companies decreased by 8.81%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
In 2023, the total Scope 1 emissions of Piper Sandler Companies were 455 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2021, Piper Sandler Companies's Scope 1 emissions have decreased by 30.64%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Piper Sandler Companies's Scope 1 emissions increased by 10.44%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
In 2023, Piper Sandler Companies reported Scope 2 greenhouse gas (GHG) emissions of 2,538 tCOâ‚‚e using the location-based method.
In 2023, Piper Sandler Companies reported its Scope 2 emissions using the location-based method.
In 2023, Piper Sandler Companies reported 32,978 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Piper Sandler Companies includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
In 2023, Piper Sandler Companies reported total Scope 3 emissions of 32,978 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 94.45% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.55% came from downstream activities like product use, distribution, and end-of-life treatment.
Since 2021, Piper Sandler Companies's Scope 3 emissions have increased by 181.86%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Piper Sandler Companies's Scope 3 emissions increased by 167.68%, suggesting that the company faced challenges in reducing emissions across its value chain.
In 2023, Piper Sandler Companies reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
In 2023, the largest contributors to Piper Sandler Companies's Scope 3 emissions were:
In 2023, Piper Sandler Companies reported a total carbon footprint of 35,971 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 130.55% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Piper Sandler Companies's total carbon footprint was Scope 3 emissions, accounting for 91.68% of the company's total carbon footprint, followed by Scope 2 emissions at 7.06%.