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.
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
Comerica's score of 27 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. For instance, in 2022, the total emissions were about 35,046,000 kg CO2e, indicating a slight decrease in emissions in 2023. However, specific reduction targets or initiatives have not been disclosed, and there are no documented reduction targets or climate pledges available. Comerica's emissions profile reflects a significant reliance on Scope 3 emissions, which are often the largest source of emissions for financial institutions. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 |
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.
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.
