Intuit Inc

Application Software
INTU
$ 508 (0.05)%
Share price
$ 142 bn
Market Cap
$ 146 bn
Enterprise Value

Carbon footprint

0.03 Ton
GHG emissions per $ 1 mln investment
0x the weighted average for S&P 500
FY2020
How is this calculated?
-40%
YOY change in GHG emissions
Stronger than the -0.8% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

+14%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2021
How is this calculated?

Intuit Inc aims to reduce Scope 1 + 2 by 80% by 2025 from a base year 2012

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Intuit Inc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Intuit Inc's GHG emissions (market-based) (Kt of CO2e)
Intuit Inc's Carbon intensity (Tons per 1 USDm)

Intuit Inc's carbon footprint

Intuit Inc reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 30 June 2020 at 4.2 Kt (-2.8 /-40% y-o-y). Also positively, carbon intensity declined to 0.6 t (-0.4 /-40% y-o-y).

Intuit Inc's Scope 3 emissions plummeted to 19 Kt (-11 /-36.8% y-o-y). There has been no clear trend lately.

The company is committed to reducing Scope 1 + 2 by 80% by 2025 from a base year 2012, which it appears to have already achieved as of 2020. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Intuit Inc also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net Zero target Intuit Inc. commits to reach net-zero greenhouse gas emissions across the value chain by FY2040. Near-Term Targets Intuit Inc. commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2022 base year. Intuit Inc also commits that 80% of its suppliers by emissions covering purchased goods and services will have science-based targets by FY2027. Long-Term Targets Intuit Inc. commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2040 from a FY2022 base year. Intuit Inc also commits to reduce scope 3 GHG emissions 97% per million USD value added within the same timeframe.

Company environmental metrics

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