Quintet Private Bank, headquartered in Luxembourg (LU), is a distinguished player in the wealth management industry, offering bespoke financial services to high-net-worth individuals and families. Founded in 1949, the bank has evolved through strategic acquisitions and expansions, establishing a strong presence across major European markets, including Belgium, Germany, and the Netherlands. Specialising in private banking, investment management, and financial planning, Quintet Private Bank distinguishes itself with a client-centric approach and a commitment to personalised service. Its core offerings include tailored investment strategies, estate planning, and philanthropic advisory, designed to meet the unique needs of its clientele. Recognised for its expertise and innovative solutions, Quintet Private Bank continues to solidify its market position as a trusted partner in wealth management, reflecting a legacy of excellence and a forward-thinking vision.
How does Quintet Private Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Quintet Private Bank's score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Quintet Private Bank reported total carbon emissions of approximately 8,000,300 kg CO2e, comprising 2,327,500 kg CO2e from Scope 1, 151,600 kg CO2e from Scope 2, and 6,135,600 kg CO2e from Scope 3 emissions. This data reflects a slight decrease in emissions from 2022, where total emissions were about 8,000,000 kg CO2e, with Scope 1 at 2,413,700 kg CO2e, Scope 2 at 140,400 kg CO2e, and Scope 3 at 6,639,800 kg CO2e. Quintet Private Bank's emissions data is cascaded from its parent company, Quintet Private Bank (Europe) S.A., indicating a corporate family relationship that influences its sustainability reporting. Despite the detailed emissions reporting, there are currently no specific reduction targets or climate pledges outlined in their disclosures. The bank's commitment to addressing climate change is evident through its comprehensive emissions tracking across all three scopes, although it has not yet established formal reduction initiatives or targets. As the financial sector increasingly prioritises sustainability, Quintet Private Bank's ongoing efforts to monitor and report its carbon footprint will be crucial in aligning with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 2,599,500 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 2,009,200 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 7,495,900 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Quintet Private Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.