Intuit Sustainability Profile
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 79 is higher than 87% 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 2024, Intuit reported total carbon emissions of approximately 659,148,000 kg CO2e, with significant contributions from Scope 1 and Scope 3 emissions. Specifically, Scope 1 emissions were about 3,800,000 kg CO2e, while Scope 3 emissions accounted for approximately 655,148,000 kg CO2e. The latter includes substantial categories such as purchased goods and services (about 535,254,000 kg CO2e) and business travel (approximately 47,445,000 kg CO2e). Intuit has set ambitious climate commitments, aiming to reduce its overall carbon footprint by 50% by 2025 compared to a 2012 baseline. This target encompasses all scopes of emissions. Additionally, the company has committed to achieving net-zero greenhouse gas emissions across its value chain by FY2040. Near-term goals include a 42% reduction in absolute Scope 1 and 2 GHG emissions by FY2030 from a FY2022 base year, and a long-term target of a 90% reduction in these emissions by FY2040. Furthermore, Intuit aims for 80% of its suppliers, measured by emissions from purchased goods and services, to have science-based targets by FY2027. The company also plans to increase its sourcing of renewable electricity from 32% in 2015 to 100% by 2030. These commitments align with industry standards and are validated by the Science Based Targets Initiative (SBTi), reflecting Intuit's proactive approach to addressing climate change and reducing its environmental impact.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,176,000 | 0,000,000 | 0,000,000 | 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 | - | - | - | - |
| Scope 3 | 28,346,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Intuit's Industry?
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Intuit's Scope 3 Categories Breakdown
Intuit's Scope 3 emissions, which increased by 32% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 82% of Scope 3 emissions.
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Intuit's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Intuit has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Intuit's sustainability data and climate commitments