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Public Profile
Financial Intermediation
US
updated 2 months ago

Commerce Bank Sustainability Profile

Company website

Commerce Bank, officially known as Commerce Bancshares, Inc., is a prominent financial institution headquartered in the United States. Established in 1865, the bank has grown to serve major operational regions across the Midwest, particularly in Missouri, Kansas, and Illinois. Specialising in commercial banking, investment services, and wealth management, Commerce Bank distinguishes itself through its customer-centric approach and innovative financial solutions. With a strong emphasis on personalised service, the bank offers a range of core products, including checking and savings accounts, loans, and treasury management services. Notably, Commerce Bank has received accolades for its commitment to community engagement and financial literacy, solidifying its position as a trusted partner in the banking industry. As a leader in the sector, Commerce Bank continues to adapt and thrive in an ever-evolving financial landscape.

DitchCarbon Score

How does Commerce 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.

23

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.

29

Industry Benchmark

Commerce Bank's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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Commerce Bank's reported carbon emissions

Commerce Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges. It is important to note that Commerce Bank's emissions data may be cascaded from its parent company, but specific details regarding this relationship or any inherited data are not provided. As a current subsidiary, Commerce Bank may align its sustainability efforts with broader corporate initiatives, although specific metrics or targets are not disclosed. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction strategies. However, without concrete data or commitments from Commerce Bank, it remains unclear how the bank is addressing its carbon footprint or contributing to climate action.

How Carbon Intensive is Commerce Bank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Commerce 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.

How Carbon Intensive is Commerce Bank's Location?

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 Commerce Bank is in US, which has a low grid carbon intensity relative to other regions.

Commerce Bank's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Commerce Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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?

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

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