Comerica Bank

Comerica Bank's reported carbon emissions

In 2024, Comerica Bank reported total carbon emissions of approximately 32,140,000 kg CO2e, comprising 5,391,000 kg CO2e from Scope 1, 22,710,000 kg CO2e from Scope 2, and 9,741,822,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are significantly driven by investments and purchased goods and services, which account for 9,741,822,000 kg CO2e and 64,228,000 kg CO2e, respectively. Comparatively, in 2023, the bank's total emissions were approximately 34,903,000 kg CO2e, with Scope 1 emissions at 5,682,000 kg CO2e, Scope 2 at 25,570,000 kg CO2e, and Scope 3 at 9,058,233,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Comerica Bank has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from its parent company, Comerica Incorporated, reflecting the bank's commitment to transparency in its environmental impact reporting. Overall, Comerica Bank's emissions profile highlights the significant role of Scope 3 emissions, particularly from investments and supply chain activities, in its overall carbon footprint.