MASHINIi

QUIRIN PRIVATBK.

QB7.XETRA | Other monetary intermediation

Quirin Privat Bank AG is a German private bank that provides financial services to private and corporate clients. Its services include wealth management, asset management, investment advisory, and corporate finance. The bank focuses on independent and transparent advice, offering customized solution...Show More

Ethical Profile

Mixed.

QUIRIN PRIVATBK's ethical profile is mixed. The bank has faced scrutiny regarding its data handling practices, with a lawsuit (IP v Quirin Privatbank AG) alleging potential GDPR compliance issues and unlawful data processing. Reports suggest this stemmed from an error in an online portal messaging service, leading to the unauthorized disclosure of a job offer. While QUIRIN PRIVATBK states it complies with data protection laws, critics point to this incident as suggesting implementation gaps. For many other ethical areas, including fair money, worker respect, and environmental impact, there is insufficient public information for a comprehensive assessment.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-50
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

Quirin Privatbank AG is a financial services company, providing wealth management, asset management, investment advisory, and corporate finance. Its business operations do not directly involve health-related products, services, or activities. The provided evidence explicitly states that sustainability data is not available for the company

1
and lists all 'Better Health for All' metrics as 'not applicable' to its operations. Therefore, all KPIs are scored at the '0' tier
2
, indicating that they are not applicable to the company's business model.

Fair Money & Economic Opportunity

0

No evidence available to assess QUIRIN PRIVATBK on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No specific, concrete data points for QB7.XETRA were found in the provided articles for any of the Fair Pay & Worker Respect KPIs. (Glassdoor) explicitly states "No data" for all relevant metrics.

1
analyzes CEO pay ratios for other banks but explicitly states that QB7.XETRA is not mentioned and provides no data relevant to the company.
2

Fair Trade & Ethical Sourcing

0

QB7.XETRA is a private bank providing financial services, including wealth management and investment advisory.

1
As a financial institution, its core operations do not involve the procurement or trading of physical commodities or materials, nor does it have a supply chain of physical goods that would require fair trade certifications, supplier audits, or traceability of provenance. Therefore, all KPIs under the 'Fair Trade & Ethical Sourcing' value are not applicable to its business model.

Honest & Fair Business

0

No specific, concrete data points were found in the provided articles to assess QB7.XETRA against any of the 'Honest & Fair Business' KPIs. The articles either pertain to other companies (Aggregate Holdings S.A., MBB SE, Norma Group SE, Serviceware SE)

1
,
2
,
3
,
4
or are legal documents (related to a GDPR case involving Quirin Privatbank)
5
that explicitly state they contain no data relevant to the company's performance on the specified KPIs.
6

Kind to Animals

0

No evidence available to assess QUIRIN PRIVATBK on Kind to Animals.

No War, No Weapons

0

Quirin Privatbank AG explicitly states that it is 'neither martially oriented nor does it carry weapons'.

1
This indicates zero revenue from arms or defense contracts and serves as a corporate ethical red line banning involvement in weapons. As a financial services company, it has no inherent exposure to weapons, does not develop dual-use technology or peace technology, and has no mineral inputs or procurement from conflict zones, thus having no defense assets to divest.

Planet-Friendly Business

0

No specific, quantitative data points were found in the provided articles for QB7.XETRA (QUIRIN PRIVATBK) that are relevant to any of the 'Planet-Friendly Business' KPIs. The articles discuss the bank's financial performance

1
, general ESG investing trends
2
, or global fossil fuel financing by other major banks
3
, but do not provide information on QB7.XETRA's own environmental stewardship, emissions, targets, or initiatives.

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles regarding QB7.XETRA's respect for cultures and communities. The articles primarily focus on financial performance

1
, business partnerships
2
, career opportunities
3
, or general ESG reports that explicitly state data gaps for community and cultural metrics
4
.

Safe & Smart Tech

-50

Quirin Privatbank experienced a data breach involving the unauthorized disclosure of a job applicant's salary expectations to a third party

1
, which occurred before September 2023
2
and resulted in an initial €1000 award for non-material damages
3
. This incident led to a GDPR infringement case (C-655/23)
4
that reached the Court of Justice of the European Union
5
, indicating a gap in the company's compliance with major regulations and a need for improved data governance. The bank generally retains data for two to ten years
6
, with limitation periods extending up to 30 years
7
, reflecting substantial data retention practices. Quirin Privatbank outlines standard user rights under GDPR, including access, rectification, erasure, restriction of processing, data portability, objection, and withdrawal of consent
8
.

Zero Waste & Sustainable Products

0

No sustainability data is available for QB7.XETRA (Quirin Privatbank AG) regarding zero waste and sustainable product practices

1
. The provided articles explicitly state that there is no quantitative data, regulatory actions, certifications, or comparisons related to these metrics
2
.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.