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 Energy Data Preview

In 2023, Comerica disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Comerica also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Comerica also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Comerica also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Comerica's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Comerica’s Energy Management 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) 2023
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b. Comerica's CDP Climate sourced from company’s website 2024
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Insights into Comerica's Energy Renewability

In 2023, Comerica consumed a total of 339,033.89 Gigajoules of energy across its operations. Of this total, 7.28% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 92.72% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. b

Comerica's Energy Renewability Rate

7%

How much of Comerica's energy consumed is renewable?

In 2023, Comerica consumed a total of 339,033.89 Gigajoules of energy, of which 7.28% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. b

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Comerica has considerable room to improve its energy sustainability strategy.

Are Comerica's energy practices becoming more sustainable?

Since 2021, Comerica's total energy consumption increased by 1.42%, but declined by 4.34% in 2023, suggesting a recent moderation in energy use. a b

a b

Comerica's Renewable vs Non-renewable Energy Over Time

360.82 k160.82 k39.18 k360.82 kGigajoules (GJ)20212022202393%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Comerica's Energy Consumption & Production Mix

In 2023, Comerica disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Comerica's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Comerica's Energy Consumed by Sources and Technologies

Chilled Water,Electricity(Unspecified Source)and Steam(Unspecified Source)(100.0%)

What are the main sources and generation technologies behind Comerica's energy consumption?

In 2023, Comerica's total energy consumption was primarily sourced from

  • Chilled Water, Electricity (Unspecified Source) and Steam (Unspecified Source) (100%)

How diverse is Comerica’s energy consumption mix?

In 2023, Comerica consumed energy from 2 different sources or generation technologies, indicating a highly concentrated energy mix, with Chilled Water, Electricity (Unspecified Source) and Steam (Unspecified Source) alone accounting for 100% of total consumption.

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