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Financial Intermediation
US
updated 7 months ago

Comerica Bank

Company website

Comerica Bank, officially known as Comerica Incorporated, is a prominent financial institution headquartered in the United States, with significant operations in key regions such as Texas, California, and Michigan. Founded in 1849, Comerica has established itself as a leader in the banking industry, offering a diverse range of services including commercial banking, wealth management, and treasury management solutions. With a strong focus on business banking, Comerica is recognised for its tailored financial products that cater to the unique needs of small to mid-sized enterprises. The bank's commitment to customer service and innovative financial solutions has earned it a solid market position, making it a trusted partner for individuals and businesses alike. Notable achievements include its consistent ranking among the top banks in the U.S. for customer satisfaction and its dedication to community engagement.

DitchCarbon Score

How does Comerica Bank'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.

46

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.

28

Industry Benchmark

Comerica Bank's score of 46 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

69%

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Comerica Bank's reported carbon emissions

Inherited from Comerica Incorporated

Comerica Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of Comerica Incorporated, which may influence its climate commitments and emissions reporting. As of now, Comerica Bank has not established any documented reduction targets or specific climate pledges. However, emissions data and performance metrics may be inherited from its parent company, Comerica Incorporated, which is responsible for reporting to the CDP at a cascade level of 1. While specific figures are not disclosed, the absence of emissions data suggests that Comerica Bank is still in the process of developing its climate strategy and commitments. The bank's future initiatives may align with broader industry standards and practices, but further information is needed to assess its carbon footprint and climate action plans 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
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
7,740,000
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 Bank'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 Bank 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 Bank 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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