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Intuit Partners with Octopus Energy to Provide Renewable Options to UK QuickBooks Employees & Customers
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. (Nasdaq:INTU), a global technology platform that helps its customers and communities overcome their most
About this update from Intuit Inc.
[{"type":"text","content":" MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--\nIntuit Inc. (Nasdaq:INTU), a global technology platform that helps its customers and communities overcome their most important financial challenges, has announced its first partnership to empower its employees and QuickBooks Online (QBO) customers in the UK to transition to renewable energy as part of its 2030 climate positive goal. Intuit has teamed up with the UK’s largest renewable energy provider, Octopus Energy, to provide alternative energy solutions, including solar, wind and water to its employees and customers.\n\nA first of its kind for Intuit, the program engages key stakeholder groups in a concerted step toward reducing global greenhouse gas emissions by 50 times the company’s overall 2018 output by 2030. This climate positive pursuit follows the completion of Intuit’s goal of being 100% powered by renewable energy in 2020, 10 years ahead of its 2030 target. This is an important step in the company’s efforts to further improve its footprint, moving beyond its direct impact and promoting sustainability outside of its four walls.\n\nThe company is measuring the impact of this climate-positive goal for employees, customers, communities and partners, working with each group to find ways to collectively act on climate change. If just 1% of UK QBO customers switch to 100% renewable electricity with Octopus Energy, it will reduce carbon emissions by 30,000 metric tonnes per year, larger than Intuit's current carbon footprint for its global operations.\n\n“At Intuit, we know we need to look beyond at our own operations to achieve the global reduction target of 1.5°C, working together across our entire value chain,” said Sean Kinghorn, global sustainability leader at Intuit. “Through this partnership with Octopus Energy, we’re making it easy for our employees and customers to choose sustainable alternatives in their daily lives, helping move the needle to save our planet.”\n\nConnected by Intuit’s platform, employees and QuickBooks customers in the UK may sign up through Octopus Energy’s affiliate links to receive energy credits toward their utility bills. Employees will receive £25 ($34 USD) per fuel type as credit and customers will receive £100 ($136 USD) credit, whether they are a single or dual fuel customer. Those who take advantage of the opportunity can receive additional ene...