Quintet Private Bank
Quintet Private Bank, also known simply as Quintet, is a distinguished wealth management firm headquartered in Luxembourg, with a strong presence across major European markets, including Belgium, Germany, and the Netherlands. Founded in 1949, the bank has evolved significantly, establishing itself as a trusted partner for high-net-worth individuals and families. Specialising in private banking, investment management, and financial planning, Quintet offers a unique blend of personalised services tailored to meet the diverse needs of its clients. The bank is renowned for its commitment to sustainable investing and innovative financial solutions, setting it apart in the competitive wealth management landscape. With a robust market position and a reputation for excellence, Quintet Private Bank continues to achieve notable milestones, reinforcing its status as a leader in the industry.
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 82% 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 6.1 million tonnes CO2e, with emissions distributed across various scopes: about 2.3 million tonnes CO2e from Scope 1, around 0.15 million tonnes CO2e from Scope 2, and approximately 6.1 million tonnes CO2e from Scope 3. Over the previous years, emissions have shown fluctuations, with a notable decrease from about 7.8 million tonnes CO2e in 2021 to the 2023 figure. The bank's emissions profile indicates a significant reliance on Scope 3 emissions, which include business travel and employee commuting, highlighting areas for potential improvement. Despite these figures, Quintet Private Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This context suggests that while the bank is actively monitoring its carbon footprint, further commitments may be necessary to align with industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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.
