INTU Intuit Inc.

Intuit Partners with The Farmlink Project to Address Climate Change By Tackling Food Waste and Methane Gas Emissions

(Nasdaq: INTU), the global financial technology platform that makes , , , and , has joined forces with , a nonprofit organization dedicated to redirecting unsold fresh produce to underserved communities. Their joint initiative resulted in over 8 million meals delivered to communities in Los Angeles and prevented over 9 million pounds of food from going to waste since 2023. In addition, more than 13,000 metric tons of carbon dioxide equivalent emissions have been avoided since 2023 with this collaboration, which is equivalent to taking almost 3,000 gasoline-powered vehicles off the road for a year.

Through Intuit and The Farmlink Project’s partnership, the high-quality food that has been diverted from landfills has gone to organizations that serve under-resourced communities in Los Angeles, including to schools in South Los Angeles. This area, near the future home of the Los Angeles Clippers’ Intuit Dome, experiences food insecurity rates than other parts of LA.

"Intuit strives to create long-lasting, widespread environmental and social impact, and our partnership with The Farmlink Project is a great example of that," says Debbie Lizt, head of global sustainability at Intuit. “This initiative will help us achieve our goal of reducing 2 million metric tons of CO2 emissions outside of our operations while also providing socio-economic benefits to the communities we serve."

This initiative is a core part of focused on making an impact beyond its value chain. This unique strategy aims to generate positive climate and community impact, and is in addition to the company's operational net zero science-based targets.

“We are thrilled to be working with Intuit on this important program to reduce food waste and fight hunger in Los Angeles and beyond,” says Aidan Reilly, co-founder of The Farmlink Project. “Intuit is our first corporate partner, and together we are creating a new model for how companies and NGOs can address climate change and help reduce food insecurity for communities in need.”

To learn more about Intuit’s climate initiatives and how Intuit and The Farmlink Project work together to help create a livable future for our planet while offering immediate assistance to those in need, visit the

About Intuit

is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as , , , and , we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at and find us on for the latest information about Intuit and our products and services.

About The Farmlink Project

The Farmlink Project is a 501(c)(3) nonprofit connecting farms with food banks to feed those in need and prevent food waste. In 2020, a group of college students founded The Farmlink Project after seeing COVID-19's impact on agriculture and food insecurity. One year later, they have rescued over 75 million pounds of produce, dairy, and meat that would have gone lost due to supply chain disruptions, delivered over 300 million meals, and supported over 10,000 farmers. By fighting food insecurity and climate change, The Farmlink Project strives to help build a more sustainable and equitable food system that works for all.

EN
27/03/2024

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