Quintet Private Bank
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Quintet Private Bank's score of 39 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Quintet Private Bank's reported carbon emissions
In 2023, Quintet Private Bank reported total carbon emissions of approximately 6,135,600 kg CO2e, with emissions distributed across various scopes: 2,327,500 kg CO2e from Scope 1, 151,600 kg CO2e from Scope 2, and 6,135,600 kg CO2e from Scope 3. This data indicates a significant focus on addressing emissions from business travel and employee commuting, which are key components of their Scope 3 emissions. In previous years, emissions were notably higher, with a total of approximately 13,012,600 kg CO2e in 2019, which decreased to about 7,669,300 kg CO2e in 2020 and slightly increased to 7,809,200 kg CO2e in 2021. By 2022, emissions had further reduced to approximately 3,408,788 kg CO2e, showcasing a trend towards lower emissions over the years. Despite these reductions, Quintet Private Bank has not publicly committed to specific reduction targets or initiatives, such as those outlined by the Science Based Targets initiative (SBTi). Their climate commitments remain vague, indicating a need for clearer strategies to enhance their sustainability efforts. The bank's headquarters in Luxembourg (LU) positions it within a region increasingly focused on climate action, which may influence future commitments and initiatives.
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Add to project| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to any reduction initiatives 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.
