DALLAS, January 2, 2024 – Newsweek has recognized Comerica Bank for its efforts in corporate responsibility and fostering a positive work culture in its latest rankings. The national news magazine publication named Comerica to its list of America’s Most Responsible Companies, America’s Greenest Companies and America’s Greatest Workplaces.

For the fifth consecutive year, Comerica earned a spot on America’s Most Responsible Companies list which comprises 600 of the U.S.’s largest public corporations positively impacting their communities. Comerica finished seventh among financial industry companies and 103rd overall on the list that includes companies from across the country. Comerica is one of just 156 companies to earn a spot all five years the rankings have been published.

“Serving as a good corporate citizen goes beyond banking, it’s about leaving our communities, customers and colleagues stronger for years to come,” said Wendy Bridges, Executive Vice President, Executive Director of Corporate Responsibility. “Inclusion on this list among the most recognizable companies in the country underlines the importance we place on addressing impactful environmental and social issues.”

America’s Most Responsible Companies focuses on a holistic view of corporate responsibility that considers all three pillars of Environment, Social and Corporate Governance. The analysis is based on key performance indicator research, along with public surveys from 17,000 U.S. residents.

America’s Greenest Companies

Newsweek also named Comerica to its first ranking of America’s Greenest Companies, a listing published in partnership with Plant-A Insights and GIST Impact to recognize companies committed to being good stewards of the environment. The rankings recognize the top 300 companies for their progress in managing their sustainability footprint.

The list is based on research and analysis of public data of more than 900 organizations in the U.S. Companies were evaluated and scored on more than 25 parameters based on select categories that include: greenhouse gas (GHG) emissions; water usage; waste generation; sustainability data disclosure and commitments.

“We strive to be part of the bold solutions necessary to create a more sustainable world with a greening and thriving economy,” said Scott Beckerman, Comerica Bank Senior Vice President and Director of Corporate Sustainability. “Our relentless curiosity can enable all of us, including our customers, colleagues and partners, to play vital roles in addressing our planet’s greatest challenges.”

America’s Greatest Workplaces

Comerica’s strong work culture earned recognition on Newsweek’s list of America’s Greatest Workplaces. The list identified the top 1,000 companies in the United States and the rankings are based after evaluating more than 389,000 company reviews, along with a sample set from respondents living in the U.S. and working in the U.S. for companies with more than 1,000 employees.

The evaluations and score were based on:

• Company familiarity: Participants reviewed their employer along with reviewing companies they are familiar with but not currently working for and how likely they would recommend those employers.
• Target group: Representative sample of U.S. citizens regarding age, gender and state.
• Category valuation: All participants evaluated the companies based on eight categories (company image, corporate culture, working environment, work-life balance, training and career progression, compensation & benefits, sustainability awareness and proactive management of the diverse workforce.
• Media monitoring: Screened coverage based on press coverage of the past 24 months regarding keywords such as discrimination, harassment, sexual harassment, etc.

“One of our greatest strengths as a company is the work culture we continue to cultivate,” said Nate Bennett, Comerica Bank Chief Diversity, Equity and Inclusion Officer. “Our efforts focus on attracting, engaging and retaining top talent by fostering a diverse, equitable, respectful and inclusive workplace and culture with the common purpose of serving as One Comerica.”

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, one of the 25 largest U.S. financial holding companies, focuses on building relationships and helping people and businesses be successful. Comerica provides more than 400 banking centers across the country with locations in Arizona, California, Florida, Michigan and Texas. Founded 174 years ago in Detroit, Michigan, Comerica continues to expand into new regions, including its Southeast Market, based in North Carolina, and Mountain West Market in Colorado. Comerica has offices in 17 states and services 14 of the 15 largest U.S. metropolitan areas, as well as Canada and Mexico. Comerica reported total assets of $85.7 billion as of Sept. 30, 2023. Learn more about how Comerica is raising expectations of what a bank can be by visiting www.comerica.com, and follow us on Facebook, X (formerly known as Twitter), Instagram and LinkedIn.