Intuit
Intuit Inc., a leading financial software company headquartered in the United States, has been at the forefront of the fintech industry since its founding in 1983. With a strong presence across North America and expanding operations globally, Intuit is renowned for its innovative solutions tailored for small businesses, accountants, and individuals. The company’s flagship products, including QuickBooks, TurboTax, and Mint, offer unique features that simplify financial management, tax preparation, and personal budgeting. Intuit's commitment to user-friendly design and robust functionality has solidified its position as a market leader, serving millions of customers worldwide. Notable achievements include consistent recognition for its customer service excellence and a strong emphasis on integrating artificial intelligence to enhance user experience. As a pioneer in financial technology, Intuit continues to shape the future of personal and business finance.
DitchCarbon Score
How does Intuit's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Intuit's score of 59 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Intuit's reported carbon emissions
In 2022, Intuit reported significant greenhouse gas emissions from its operations in the United States, totalling approximately 4,139,000 kg CO2e for Scope 1 and about 8,570,000 kg CO2e for Scope 2. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1, 2, and 3 greenhouse gas emissions by 50% by 2025, using 2012 as the baseline year. Additionally, Intuit plans to increase its annual sourcing of renewable electricity from 32% in 2015 to 100% by 2030. Looking towards the future, Intuit has established long-term targets to achieve net-zero emissions across its entire value chain by FY2040. This includes a commitment to reduce absolute Scope 1 and 2 emissions by 90% by FY2040 from a FY2022 baseline, and to cut Scope 3 emissions by 97% per million USD value added within the same timeframe. Furthermore, by FY2027, Intuit aims for 80% of its suppliers, based on emissions from purchased goods and services, to have science-based targets in place. These initiatives reflect Intuit's dedication to addressing climate change and aligning with industry standards for sustainability.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,176,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,682,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 00,000,000 |
| Scope 3 | 28,346,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Intuit is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
