Comerica Inc

Common Name
Comerica
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
7,860
Ticker
CMA
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Comerica Inc. is a leading financial services company that primarily focuses on commercial banking, retail banking, and wealth management services. Its operations are segmented across various division...

Comerica's Climate Target Data Preview

As of 2024, Comerica has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Comerica ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Comerica’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Comerica’s data sources below and access millions more through our Disclosure Search.

a. Comerica's Corporate Responsibility Report (CRR) 2024
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Insights into Comerica's Greenhouse Gas Emissions Pathways

As of 2024, Comerica has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Comerica have a target to reduce the emissions from its operations?

As of 2024, Comerica has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Comerica's most ambitious operational target is to reduce these emissions by 65% by 2030, compared to a baseline of 81,734 Metric Tonnes of CO2 equivalent (mtCO2e) in 2012. a

As of 2024, Comerica is ahead of schedule on its operational emissions reduction target, having achieved 93.35% of the planned reduction. a

Comerica's Operational (Scope 1+2) Emissions Pathway

2012202420252030025 k50 k75 k100 kBaselineCurrent (-61%)
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