Public Profile

Comerica

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.

DitchCarbon Score

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.

47

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.

26

Industry Benchmark

Comerica's score of 47 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Comerica's reported carbon emissions

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. Over the years, Comerica has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has consistently reported emissions across all three scopes, indicating a comprehensive approach to tracking its environmental impact. In 2022, the total emissions were about 35,046,000 kg CO2e, showing a slight decrease in 2023. The company continues to engage in sustainability practices, although detailed reduction strategies or targets have not been outlined in their recent reports. Comerica's emissions intensity metrics, such as those related to real estate and employee business travel, reflect ongoing efforts to monitor and manage their environmental impact effectively.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201220142015201820192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Comerica's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Comerica is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Comerica 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers