GHG Emissions, Solar, Sourcing Renewables - April 17, 2023
Intuit Launches More Solar Projects
Intuit Inc., a global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, is increasing its commitment to add more renewable energy projects to lower carbon emissions.
The company started the Coalfield Solar Fund, a partnership between Intuit, The National Energy and Education Development (NEED) Project, a nonprofit educational organization, and Secure Solar Futures, a provider of on-site clean energy and educational programs to K-12 public schools and colleges.
The partnership provides multi-year grant funding to add jobs in solar and provide job training to communities in Virginia and West Virginia. Intuit had previously collaborated with Secure Solar Futures on a solar project with the Coalfield Solar Fund in Wise, Virginia, an Intuit Prosperity Hub location.
Since 2021, Intuit has worked with Clearloop, a Nashville-based carbon solutions platform accelerating decarbonization. Intuit’s support helped with the construction of a project in Jackson, Tennessee that will reclaim 60 million pounds of CO2 over its lifetime operation, and has since supported 1 megawatt of a new solar project near an Intuit Prosperity Hub in East Tennessee, which is expected to be finished in winter 2023.
In 2019, Intuit set a goal to reduce 2 million metric tons of CO2e outside of its operational footprint by 2030. Through partnerships with GRID Alternatives and its Tribal Solar Accelerator Fund, along with Clearloop and Secure Solar Futures, Intuit launched programming that provides long-term benefits to underserved communities nationwide.
“Beyond working toward our climate-positive goal, we’re deeply committed to creating innovative programs that strengthen the communities around us by supporting their pursuits of renewable energy solutions,” said Debbie Lizt, Head of Sustainability at Intuit, in a statement. “Our partnerships with local high schools, solar providers, and nonprofits continue to be instrumental in our efforts to create renewable energy programs that offer durable benefits for these communities today and into the future.”
Intuit also funded a grant as part of GRID Alternatives’ Tribal Solar Accelerator Fund program, which fosters Indigenous energy sovereignty and expands solar job opportunities in tribal communities across the US. The grant was awarded to the Big Pine Paiute Tribe, near Bishop, California, to install solar panels on a community building.