Comerica
Risk Level:
Summary:
Comerica Inc. is located in Dallas, TX and comprises three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica has not publicly terminated business relationships due to ideological beliefs or boycotted industries. However, Comerica is committed to ESG principles and climate change metrics, including its suppliers' and customers' carbon emissions. Comerica also vets suppliers according to LGBTQ policies and preferences suppliers through its supplier diversity program. However, the bank has not supported ideological organizations or funded ideological causes. For these reasons, Comerica receives a Medium Risk rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
Comerica Inc. received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means the company has pledged to vet vendors for LGBTQ policies (1). Comerica has set specific climate related goals and targets, including examining its suppliers to see which ones are in higher carbon emitting industries (2). However, it does not explicitly boycott specific industries or markets. Comerica has not publicly terminated contracts based on political or religious differences.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Comerica’s Code of Business Conduct and Ethics does not protect employees from political viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
As part of its commitment to ESG principles, Comerica has committed to combatting climate change through its business operations, including loans, improving diversity, micro-aggression and bias trainings (1)(2)(3). Comerica has set specific climate related goals and targets, including examining its suppliers to see which ones are in higher carbon emitting industries (4). Comerica has a supplier diversity program (5).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Comerica’s direct corporate donations do not fund ideological groups hostile to freedom of expression (1).
Uses corporate political contributions for ideological, non-business purposes.
The Comerica Inc. PAC contributes to candidates and PACs in a bipartisan manner in accordance with business interests (1).
All links were last accessed and all information was updated on:
March 22, 2023
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