Comerica
Diversified Banks
CMA
$ 73 0.75
Share price
$ 9.5 bn
Market Cap
$ 9.9 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Comerica aims to reduce Scope 1 + 2 by 65% by 2030 from a base year 2012
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
Comerica reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 36 Kt (-2.8 /-7.4% y-o-y). At the same time, carbon intensity grew to 16 t (+3.1/+24% y-o-y).
Comerica's Scope 3 emissions took off to 91 Kt (
The company is committed to reducing Scope 1 + 2 by 65% by 2030 from a base year 2012, which translates into the estimated reduction of -0.77 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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