Quintet Private Bank

Quintet Private Bank (LU), operating in Financial intermediation services, except insurance and pension funding services, reported approximately 5,927,750 kg CO2e in total global emissions for 2025. This includes about 1,978,810 kg CO2e from Scope 1 emissions, 185,520 kg CO2e from Scope 2 market-based emissions, and 3,763,420 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 were fuel and energy-related activities (1,425,320 kg CO2e), purchased goods and services (854,800 kg CO2e), and employee commute (717,920 kg CO2e).

For 2024, Quintet Private Bank's total global emissions were approximately 10,250,730 kg CO2e. This comprised around 2,079,050 kg CO2e from Scope 1, 320,090 kg CO2e from Scope 2 market-based, and 7,851,580 kg CO2e from Scope 3. Significant Scope 3 categories included employee commute (2,063,820 kg CO2e), purchased goods and services (2,039,080 kg CO2e), and fuel and energy-related activities (1,785,110 kg CO2e).

In 2023, the bank reported total global emissions of approximately 8,614,800 kg CO2e, with Scope 1 at about 2,327,500 kg CO2e, Scope 2 at approximately 151,600 kg CO2e, and Scope 3 at about 6,135,600 kg CO2e. For 2022, total global emissions were approximately 10,777,320 kg CO2e, including about 2,722,440 kg CO2e from Scope 1, 190,780 kg CO2e from Scope 2 market-based, and 7,864,100 kg CO2e from Scope 3.

Looking further back, Quintet Private Bank's total global emissions were approximately 7,665,100 kg CO2e in 2021 and about 7,497,800 kg CO2e in 2020. In 2019, total global emissions stood at approximately 12,104,500 kg CO2e.

Quintet Private Bank’s emissions data is cascaded from its parent company, Quintet Private Bank (Europe) S.A., at a cascade level of 2, reflecting a current subsidiary relationship. While specific reduction targets were not provided, the bank demonstrates commitment to climate transparency through consistent reporting of Scope 1, 2, and 3 emissions.