Piper Sandler Companies

Country
United States
Sector
Financial Services
Industry
Capital Markets
Employees
1,845
Ticker
PIPR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Piper Sandler Companies is a prominent investment bank and asset management firm providing a wide array of financial services. The primary function of Piper Sandler is to deliver strategic advisory se...

Piper Sandler Companies's GHG Emissions Data Preview

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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Piper Sandler Companies’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Piper Sandler Companies’s data sources below and access millions more through our Disclosure Search.

a. Piper Sandler Companies's Sustainability Report 2024
a. Piper Sandler Companies's Sustainability Report 2024

Insights into Piper Sandler Companies's Operational Emissions

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). a

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. a

Piper Sandler Companies's Scope 1 Emissions Over Time

2021202220230200400600800tCO2e-37%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Piper Sandler Companies's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Piper Sandler Companies were 455 metric tons of CO₂ equivalent (tCO₂e). a

Has Piper Sandler Companies reduced its Scope 1 emissions over time?

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. a

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. a

What are Piper Sandler Companies's Scope 2 emissions?

In 2023, Piper Sandler Companies reported Scope 2 greenhouse gas (GHG) emissions of 2,538 tCO₂e using the location-based method. a

What methodology does Piper Sandler Companies use for Scope 2 reporting?

In 2023, Piper Sandler Companies reported its Scope 2 emissions using the location-based method. a

Piper Sandler Companies's Scope 2 Emissions Over Time

20212022202307501.5 k2.25 k3 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Piper Sandler Companies's Value Chain Emissions

In 2023, Piper Sandler Companies reported 32,978 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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 a

Piper Sandler Companies's Scope 3 Emissions Over Time

20212022202308.5 k17 k25.5 k34 ktCO2e+5%+168%
  • Total Scope 3
  • Year-over-Year Change

What are Piper Sandler Companies's Scope 3 emissions?

In 2023, Piper Sandler Companies reported total Scope 3 emissions of 32,978 metric tons of CO₂ equivalent (tCO₂e). a

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. a

Has Piper Sandler Companies reduced its Scope 3 emissions over time?

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. a

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. a

What categories of Scope 3 emissions does Piper Sandler Companies disclose?

In 2023, Piper Sandler Companies reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Piper Sandler Companies's Scope 3 emissions?

In 2023, the largest contributors to Piper Sandler Companies's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 22,508 tCO₂e (68.25%)
  • Business Travel (Cat. 6): 2,937 tCO₂e (8.91%)
  • Waste Generated in Operations (Cat. 5): 2,098 tCO₂e (6.36%)

Piper Sandler Companies's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(6.4%)Business Travel(Cat. 6)(8.9%)Purchased Goods andServices (Cat. 1)(68.3%)

Insights into Piper Sandler Companies’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Piper Sandler Companies reported Scope 1 greenhouse gas (GHG) emissions of 455 tCO₂e and total revenues of USD 1,300 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD. a

Piper Sandler Companies's Scope 1 Emissions Intensity Compared to Peers

101001,00010,00050,000Scope 1 Emissions (tCO2e)1001,0005,00020,000200,000Revenues (Millions of USD)FMorgan StanleyYear: 2023Scope 1: 24,201 tCO2eRevenue: $M 50,672Scope 1 Intensity: 0.48 tCO2e/$MPJT PartnersYear: 2023Scope 1: 298 tCO2eRevenue: $M 1,153Scope 1 Intensity: 0.26 tCO2e/$MMarketaxess HoldingsYear: 2024Scope 1: 177 tCO2eRevenue: $M 817Scope 1 Intensity: 0.22 tCO2e/$MCharles SchwabYear: 2022Scope 1: 8,409 tCO2eRevenue: $M 20,763Scope 1 Intensity: 0.41 tCO2e/$MUnited BanksharesYear: 2023Scope 1: 1,959 tCO2eRevenue: $M 1,047Scope 1 Intensity: 1.87 tCO2e/$MEnact HoldingsYear: 2024Scope 1: 196 tCO2eRevenue: $M 1,205Scope 1 Intensity: 0.16 tCO2e/$MRadian GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 1,290Scope 1 Intensity: 0.03 tCO2e/$MInteractive Brokers GroupYear: 2023Scope 1: 170 tCO2eRevenue: $M 7,788Scope 1 Intensity: 0.02 tCO2e/$MFFFirst Financial BancorpYear: 2024Scope 1: 1,812 tCO2eRevenue: $M 836Scope 1 Intensity: 2.17 tCO2e/$MLPL Financial HoldingsYear: 2023Scope 1: 893 tCO2eRevenue: $M 10,056Scope 1 Intensity: 0.09 tCO2e/$MRobinhood MarketsYear: 2024Scope 1: 232 tCO2eRevenue: $M 2,952Scope 1 Intensity: 0.08 tCO2e/$MTradeweb MarketsYear: 2023Scope 1: 23 tCO2eRevenue: $M 1,337Scope 1 Intensity: 0.02 tCO2e/$MJackson FinancialYear: 2024Scope 1: 3,835 tCO2eRevenue: $M 3,092Scope 1 Intensity: 1.24 tCO2e/$MStoneX GroupYear: 2023Scope 1: 773 tCO2eRevenue: $M 60,875Scope 1 Intensity: 0.01 tCO2e/$MPacific Premier BancorpYear: 2023Scope 1: 514 tCO2eRevenue: $M 409Scope 1 Intensity: 1.26 tCO2e/$MMorningstarYear: 2024Scope 1: 239 tCO2eRevenue: $M 2,274Scope 1 Intensity: 0.11 tCO2e/$MBannerYear: 2023Scope 1: 1,254 tCO2eRevenue: $M 616Scope 1 Intensity: 2.04 tCO2e/$MAres CapitalYear: 2021Scope 1: 47 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.03 tCO2e/$MAffiliated Managers GroupYear: 2022Scope 1: 601 tCO2eRevenue: $M 2,329Scope 1 Intensity: 0.26 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MJefferies Financial GroupYear: 2022Scope 1: 4,223 tCO2eRevenue: $M 7,149Scope 1 Intensity: 0.59 tCO2e/$MTransUnionYear: 2024Scope 1: 286 tCO2eRevenue: $M 4,181Scope 1 Intensity: 0.07 tCO2e/$MGoldman Sachs GroupYear: 2023Scope 1: 13,842 tCO2eRevenue: $M 46,248Scope 1 Intensity: 0.30 tCO2e/$MPiper Sandler CompaniesYear: 2023Scope 1: 455 tCO2eRevenue: $M 1,300Scope 1 Intensity: 0.35 tCO2e/$M

How does Piper Sandler Companies's GHG emissions intensity compare to its peers?

In 2023, Piper Sandler Companies reported a Scope 1 emissions intensity of 0.35 tCO₂e per millions USD. Compared to the peer group median of 0.26 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Piper Sandler Companies rank on GHG emissions intensity within its industry?

In 2023, Piper Sandler Companies ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Piper Sandler Companies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Piper Sandler Companies's Total Carbon Footprint

In 2023, Piper Sandler Companies reported a total carbon footprint of 35,971 metric tons of CO₂ equivalent (tCO₂e) 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. a

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%. a

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