Intuit Commits to Helping 1 Million US Small Businesses Cut Emissions in Half By 2030
02 November 2021 - 6:00PM
Business Wire
Intuit Climate Action Marketplace™ to help small businesses
access climate-friendly business solutions and grow their
businesses
Intuit Inc. (Nasdaq: INTU), the global technology platform that
makes TurboTax, QuickBooks, Mint and Credit Karma, today announced
its commitment to helping 1 million US small businesses cut their
carbon emissions by 50% by 2030. Any small business owner in the US
and UK can now go to the Intuit Climate Action Marketplace, an
online destination that provides resources to small businesses to
reduce their carbon emissions at scale, while also helping them
save money and grow their business. With this marketplace, small
businesses can find more sustainable choices to replace high carbon
emission activities with no extra hassle, time or cost.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20211102005489/en/
Small businesses represent 90%1 of the global business
population, however they are relatively less involved in efforts to
mitigate climate change than larger corporations. Sustainable
solutions are often out of their reach due to costs, or
deprioritized against other small business needs. A September 2021
QuickBooks Small Business Index Report2 found that nearly all small
businesses—a whopping 97%—would like to take action in the future
to be more environmentally responsible.
The Intuit Climate Action Marketplace highlights creative
climate solutions to millions of business owners who want to reduce
the carbon footprint of their small or medium-sized business. Small
business owners and entrepreneurs can access products and services
from 12 initial solution-providers across the energy, travel, food
waste, commuting and procurement sectors. Intuit will continue to
add other relevant categories and solution-providers over time.
“Small businesses are the backbone of the global economy and can
collectively help us make big strides in solving the climate
crisis,” said Cassie Divine, Intuit Senior Vice President of
QuickBooks Platform. “We are committed to empowering our small
business community to make a measurable, positive impact on the
environment, while also helping them run their business more
effectively. Climate change is a palpable issue, and the new Intuit
Climate Action Marketplace makes it easier for small business
owners, self-employed individuals and entrepreneurs to get
connected with climate solutions.”
Solutions offered on the Intuit Climate Action Marketplace are
designed to be simple alternatives to typical business operations
solutions, making it feasible and simpler for small businesses to
replace high carbon-emissions activities with more sustainable
solutions, often at an exclusive discount. Founding
solution-providers on the Intuit Climate Action Marketplace
include:
- EnergySage (US): renewable energy solutions marketplace
- Octopus Energy for Business (UK): 100% green energy
provider
- Allumia (US): energy efficiency as a service (EaaS)
- Goodwings (UK/US): net zero business travel booking
- Edenred Benefits (UK/US): commuter benefits and micro-mobility
solutions
- Too Good To Go (UK/US): mobile application that connects
customers to restaurants and stores that have surplus food
- Copia (US): technology platform that allows businesses to
safely donate their excess food, access enhanced tax deductions,
and receive powerful data to inform food purchasing decisions
- Sendle (US): carbon neutral shipping carrier
- Aspiration (US): Plant Your Change plants a tree by rounding up
the change on every swipe of a customer’s debit or credit card
- Tradewater (UK/US): refrigerant management provider
- Red-Inc (UK): eco-friendly office supplies
- Rheaply (UK/US): resource exchange (circular economy) platform
provider
With the launch of this marketplace, Intuit is committing to
helping small businesses align to the United Nations Race to Zero
pledge, a global campaign to rally leadership and support to commit
to achieving net zero carbon emissions by 2050 at the latest. In
August of 2021, Intuit QuickBooks made a similar commitment to help
30,000 UK-based small businesses declare their climate commitment
through the SME Climate Hub and United Nations Race to Zero
Campaign. Now, through the Intuit Climate Action Marketplace, any
small business and entrepreneur can move from commitment to action
by selecting climate-positive solutions for their business.
“We are proud of Intuit’s continued support of small businesses
around the world,” said María Mendiluce, CEO of the We Mean
Business Coalition, a founding partner of the SME Climate Hub.
“Together, we must move swiftly and decisively to bring small and
medium sized businesses to climate action. With the tools and
resources available, this becomes an achievable reality.”
To learn more, visit intuit.com/climatemarketplace. Signup for
Intuit’s Small Business Climate Positive Beta program here, or
email sustainability@intuit.com with partnership-related
inquiries.
About Intuit
Intuit is a global technology platform that helps our customers
and communities overcome their most important financial challenges.
Serving approximately 100 million customers worldwide with
TurboTax, QuickBooks, Mint and Credit Karma, we believe that
everyone should have the opportunity to prosper. We never stop
working to find new, innovative ways to make that possible. Please
visit us for the latest information about Intuit, our products and
services, and find us on social.
1 WorldBank: https://www.worldbank.org/en/topic/smefinance
2
https://quickbooks.intuit.com/r/inspiration/small-business-insights-sep-2021/
September 2021
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211102005489/en/
Sarah Hilmer sarah_hilmer@intuit.com
Intuit (NASDAQ:INTU)
Historical Stock Chart
From Apr 2024 to May 2024
Intuit (NASDAQ:INTU)
Historical Stock Chart
From May 2023 to May 2024