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.
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.
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.
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.
In 2022, Intuit reported significant greenhouse gas emissions, totalling approximately 4,680,000 kg CO2e for Scope 1 and 15,967,000 kg CO2e for Scope 2 globally. In the United States, emissions were approximately 4,139,000 kg CO2e for Scope 1 and 8,570,000 kg CO2e for Scope 2. The company has set ambitious targets to reduce its emissions, committing to a 50% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2025 from a 2012 baseline. Additionally, Intuit aims to source 100% renewable electricity by 2030, up from 32% in 2015. For long-term goals, Intuit has pledged to achieve net-zero emissions across its value chain by FY2040. This includes a 90% reduction in absolute Scope 1 and 2 emissions by FY2040 from a FY2022 baseline and a 97% reduction in Scope 3 emissions 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. These commitments align with industry standards for climate action, demonstrating Intuit's dedication to sustainability and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.