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 93% 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 marks a significant reduction from previous years, particularly from 2019, when total emissions were about 13,012,600 kg CO2e. The bank's emissions profile indicates a focus on Scope 3 emissions, which accounted for the majority of their carbon footprint in 2023. Notably, in 2022, total emissions were approximately 3,408,788 kg CO2e, showing a downward trend in emissions over the years. Despite these reductions, 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. The bank continues to monitor and report its emissions, reflecting a commitment to transparency in its climate impact. Overall, Quintet Private Bank's emissions data highlights a proactive approach to managing carbon emissions, with a clear trajectory towards reducing its environmental footprint.
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Get Started| 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.
