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.

49

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 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.

96%

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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 9,058,233,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions were significantly driven by investments, which accounted for about 9,058,233,000 kg CO2e, alongside contributions from employee commuting (18,846,000 kg CO2e) and purchased goods and services (80,117,000 kg CO2e). Comerica has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, the company continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact. The absence of defined reduction targets suggests a potential area for future improvement in their sustainability strategy.

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. This request for Comerica is in US, which has a low grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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