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 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 27 is higher than 69% 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 6,135,100 kg CO2e, comprising Scope 1 emissions of about 2,327,500 kg CO2e, Scope 2 emissions of around 151,600 kg CO2e, and Scope 3 emissions of approximately 6,135,600 kg CO2e. This marks a significant reduction from previous years, particularly from 2019, when total emissions were about 13,012,600 kg CO2e. Over the years, Quintet has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were reported at approximately 3,408,788 kg CO2e, indicating a downward trend in emissions. The bank has disclosed emissions across all three scopes, highlighting its awareness of the broader impact of its operations. Despite the positive trajectory in emissions reduction, Quintet has not set specific reduction targets or climate pledges as per the latest data. The absence of formal reduction initiatives suggests a need for further commitment to climate action within the financial sector. Overall, Quintet Private Bank's emissions data reflects a proactive approach to managing its environmental impact, with a clear focus on transparency and accountability in its climate commitments.
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 |
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.