Comerica has remained proactive in its response to COVID-19, serving its communities, customers and colleagues during this uncertain time. Comerica Bank and the Comerica Charitable Foundation distributed more than $9 million to support small business needs and community service organizations, and most recently moved $10 million in deposits to Minority Depository Institutions. Also, as part of the Paycheck Protection Program (PPP), Comerica supplied more than $3.8 billion in loans to small businesses.

In addition to recognition by Newsweek, CDP presented Comerica with an "A-" rating on its annual Climate Change Questionnaire. CDP works to improve corporate measurement and disclosure of climate change impacts on behalf of more than 500 institutional investor signatories with a combined $106 trillion in assets. This was the first year CDP utilized a climate change questionnaire specific to the financial services sector and Comerica's 2020 rating was at the highest level among its regional bank peers. 

"With a growing stakeholder desire for transparency around the impacts of climate change, particularly from the financial services industry, we have continued our long-term commitment to disclosure via CDP and are pleased to return to the leadership level," said Scott Beckerman, Comerica Bank Director of Corporate Sustainability. "We are dedicated to ongoing progress, not only in reducing our own greenhouse gas emissions (GHGs), but also in working in partnership with organizations like the Partnership for Carbon Accounting Financials (PCAF) to better disclose impacts throughout our value chain." 

For more information on corporate responsibility at Comerica, visit the Corporate Responsibility section.

Comerica Incorporated (NYSE:CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $83.6 billion as of Sept. 30, 2020.