Comerica Incorporated, commonly known as Comerica Bank, is a leading financial services company headquartered in the United States, with a strong presence in major operational regions including Texas, California, and Michigan. Founded in 1849, Comerica has established itself as a key player in the banking industry, offering a diverse range of services such as commercial banking, wealth management, and treasury management. With a commitment to customer service and innovative financial solutions, Comerica stands out through its tailored products designed for businesses and individuals alike. The bank has achieved notable milestones, including recognition for its strong capital position and consistent performance in the financial sector. As a trusted partner, Comerica continues to enhance its market position, serving clients with integrity and expertise.
How does Comerica'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.
Comerica's score of 49 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Comerica reported total carbon emissions of approximately 34,903,000 kg CO2e, comprising 5,682,000 kg CO2e from Scope 1, 25,570,000 kg CO2e from Scope 2, and significant contributions from Scope 3 emissions, including 9,058,233,000 kg CO2e from investments and 80,117,000 kg CO2e from purchased goods and services. The company has demonstrated a commitment to sustainability, although specific reduction targets or initiatives have not been disclosed. Their emissions data reflects a comprehensive approach, covering all three scopes of emissions, which is essential for understanding their overall carbon footprint. Comerica's emissions have varied over the years, with notable figures from previous years including 35,519,000 kg CO2e in 2021 and 35,046,000 kg CO2e in 2022. The company continues to engage in climate-related reporting, aligning with industry standards to enhance transparency and accountability in their environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 6,950,000 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 74,784,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 11,452,000 | 00,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Comerica 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.