Making up for all our emissions.
We work passionately to provide our customers with awesome experiences and are equally as committed to protecting the environment. Our strategy to reduce carbon emissions focuses first on using less energy. Then we look for cleaner alternatives to the energy we do use. Lastly, we offset all our emissions we have not been able to eliminate by supporting projects that prevent the release of greenhouse gases. We will maintain carbon neutrality each year because the planet can’t wait.
In 2016, for a second consecutive year, we purchased offsets through Natural Capital Partners, formerly the CarbonNeutral Company. We choose projects that reflect our values, regional operations and hearts.
"With a mission for positive action to create a better world … Intuit has created a carbon offset program which not only delivers carbon emission reductions globally, but also delivers essential, positive, sustainable impacts to communities and biodiversity."
In 2015, we invested in 10 offset projects and highlight a few that focus on protecting sensitive habitats and distributing impactful technologies through small business, female entrepreneurship and community-based conservation.
Intuit’s investment in carbon offset programs managed by Natural Capital Partners helps provide cleaner-burning stoves that reduce global warming and respiratory illnesses that result from cooking in unhealthy conditions. Because the stoves also need less fuel, women spend less time collecting firewood, allowing more time for other activities and reducing exposure to insect bites and possible attacks. Made possible through microfinance and subsidies, access to the stoves saves a household about 7 percent of its income and creates local jobs in manufacturing, retail and distribution.
Our carbon offset funding also provides cookstoves and water filters in Guatemala that similarly reduce global warming. Water filters eliminate the need for water sterilization, which in turn reduces the use of firewood, creates more time for education and improves air quality. At a macro level, the water filters serve the national priorities of combating diarrheal disease and malnutrition.
When we purchase carbon offsets we help protect some of the world’s top biodiversity hotspots, including those in Madagascar, Borneo, and Brazil.
These hotspots are also in regions where the leading causes of death are malnutrition and a lack of basic health services. The proceeds from these purchases help to fund teaching sustainable farming methods and infrastructure development in the local communities. This increases local food production and diversifies household income. Additionally, resulting crop surpluses mean that families can now sell to outside markets, which reduces the need to convert rain forest to agricultural land.
Global deforestation accounts for a dramatic loss of biodiversity and, by some estimates, 20 percent of global warming. To curb deforestation the United Nations places a financial value on the carbon stored in healthy and intact forests through the REDD mechanism (Reducing Emissions from Deforestation and Forest Degradation).