Comerica Inc
Comerica's GHG Emissions Data Preview
In 2022, Comerica completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Comerica has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Comerica's Operational Emissions
In 2022, the total operational greenhouse gas (GHG) emissions of Comerica amounted to 35,046 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2021, the total operational greenhouse gas (GHG) emissions of Comerica decreased by 1.33%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Comerica's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Comerica's Scope 1 emissions?
In 2022, the total Scope 1 emissions of Comerica were 6,242 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Comerica reduced its Scope 1 emissions over time?
Since 2018, Comerica's Scope 1 emissions have decreased by 2.02%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2021), Comerica's Scope 1 emissions increased by 18.38%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Comerica's Scope 2 emissions?
In 2022, Comerica reported Scope 2 greenhouse gas (GHG) emissions of 29,699 tCOâ‚‚e using the market-based method, and 28,804 tCOâ‚‚e using the location-based method.
Has Comerica reduced its Scope 2 emissions over time?
Compared to the previous year (2021), Comerica's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Comerica 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Comerica use for Scope 2 reporting?
In 2022, Comerica reported its Scope 2 emissions using the market-based method and using the location-based method.
Comerica's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Comerica's Value Chain Emissions
In 2022, Comerica reported 17,882,009 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2022 disclosure of Comerica includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Comerica's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Comerica's Scope 3 emissions?
In 2022, Comerica reported total Scope 3 emissions of 17,882,009 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.48% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Comerica reduced its Scope 3 emissions over time?
Since 2018, Comerica's Scope 3 emissions have increased by 41,838.15%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2021), Comerica's Scope 3 emissions increased by 15.81%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Comerica disclose?
In 2022, Comerica reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Comerica's Scope 3 emissions?
In 2022, the largest contributors to Comerica's Scope 3 emissions were:
- Investments (Cat. 15): 17,788,278 tCOâ‚‚e (99.48%)
- Purchased Goods and Services (Cat. 1): 64,213 tCOâ‚‚e (0.36%)
- Employee Commuting (Cat. 7): 16,953 tCOâ‚‚e (0.09%)
Comerica's Scope 3 Emissions by Categories
Insights into Comerica's Total Carbon Footprint
In 2022, Comerica reported a total carbon footprint of 17,917,055 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.77% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Comerica's total carbon footprint was Scope 3 emissions, accounting for 99.8% of the company's total carbon footprint, followed by Scope 2 emissions at 0.16%.