Intuit pledges to help 1 million US small businesses reduce emissions by 2030

Intuit will assist 1 million small businesses lower carbon emissions by 50% by 2030. Small firms can replace high carbon emission activities with sustainable alternatives without added bother, time, or money. Intuit Climate Action Marketplace helps minimise carbon emissions.

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 [email protected] with partnership-related inquiries.

Source: Intuit news