Quintet Private Bank

Quintet Private Bank, headquartered in LU and operating in financial intermediation services, has reported its carbon emissions for the years 2019 to 2023.

In 2023, Quintet Private Bank's total carbon emissions were approximately 3.35 billion kg CO2e. This figure comprises Scope 1 emissions of about 412.5 million kg CO2e, Scope 2 emissions of approximately 133.8 million kg CO2e, and Scope 3 emissions amounting to about 2.80 billion kg CO2e. Key contributors within Scope 3 include employee commute and business travel.

For 2022, total emissions were approximately 3.41 billion kg CO2e, with Scope 1 at about 373.6 million kg CO2e, Scope 2 at approximately 113.8 million kg CO2e, and Scope 3 at about 2.92 billion kg CO2e.

Earlier reporting shows total emissions of approximately 7.67 million kg CO2e in 2021, 7.50 million kg CO2e in 2020, and 12.10 million kg CO2e in 2019.

Quintet Private Bank's emissions data is cascaded from its parent organisation, Quintet Private Bank (Europe) S.A., at cascade level 2.

While specific reduction targets are not detailed in the provided information, Quintet Private Bank actively reports on its carbon footprint. The company's CSR reports provide insights into its environmental, social, and governance (ESG) activities, indicating a commitment to understanding and managing its climate impact. The financial intermediation sector is increasingly focused on integrating climate considerations into its operations and investment strategies.