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Financial Intermediation
US
updated 7 months ago

Commerce Bank, National Association

Company website

Commerce Bank, National Association, headquartered in the United States, is a prominent player in the banking industry, offering a diverse range of financial services. Founded in 1865, the bank has established a strong presence in key operational regions, including the Midwest and Northeast, serving both individual and business clients. Specialising in retail banking, commercial banking, and wealth management, Commerce Bank distinguishes itself through its customer-centric approach and innovative solutions. The bank's core products include personal and business accounts, loans, and investment services, all designed to meet the unique needs of its clientele. With a commitment to community engagement and financial education, Commerce Bank has garnered a reputation for excellence, earning accolades for its customer service and operational efficiency. As it continues to grow, the bank remains dedicated to providing tailored financial solutions that empower its customers.

DitchCarbon Score

How does Commerce Bank, National Association'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.

31

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

Commerce Bank, National Association's score of 31 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Commerce Bank, National Association's reported carbon emissions

Inherited from TD Bank, National Association

Commerce Bank, National Association, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are influenced by its corporate family relationship with The Toronto-Dominion Bank, from which it inherits certain sustainability initiatives. As a current subsidiary, Commerce Bank aligns with the climate strategies of its parent organisation, which includes participation in the Carbon Disclosure Project (CDP) and commitments to renewable energy through the RE100 initiative. These initiatives are cascaded from The Toronto-Dominion Bank, reflecting a broader commitment to sustainability and climate action within the corporate structure. While specific reduction targets or achievements for Commerce Bank are not available, the overarching goals set by its parent company suggest a focus on reducing carbon footprints and enhancing environmental responsibility. The bank's involvement in these initiatives indicates a commitment to addressing climate change, although detailed emissions data and specific targets are not disclosed at this time.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2019202020212022
Scope 1
50,711,000
00,000,000
00,000,000
00,000,000
Scope 2
8,061,000
0,000,000
0,000,000
00,000,000
Scope 3
1,435,704,000
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. Commerce Bank, National Association'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 Commerce Bank, National Association 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.

Commerce Bank, National Association 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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