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 90% 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 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 reflects a continued commitment to transparency in their carbon footprint, although specific reduction targets or initiatives have not been disclosed. In previous years, emissions were significantly higher, with 2019 emissions reaching about 13,012,600 kg CO2e. The bank has shown a trend of decreasing emissions over the years, with 2020 emissions at approximately 7,666,300 kg CO2e and 2021 at about 7,809,200 kg CO2e. The 2022 emissions were reported at approximately 9,199,400 kg CO2e, indicating fluctuations in their carbon output. Quintet Private Bank has not established specific reduction targets or initiatives as part of their climate commitments, which may reflect a broader industry context where financial institutions are increasingly scrutinised for their environmental impact. The bank's headquarters is located in Luxembourg (LU), and it continues to engage in efforts to monitor and report its carbon emissions comprehensively.
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.