Intuit

Quickbooks, Turbotax, Mailchimp, Credit Karma, TSheets,
California
Accounting Payroll & HR Services, Diversified Financials, Software and Services

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Intuit scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Intuit increases the risk of dividing employees, alienating customers and harming shareholders. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Intuit forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Intuit provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. Its affiliate, Mailchimp, temporarily suspended The Babylon Bee account, which it called a "mistake." The company donated $1 million to BLM and related causes and has funded Planned Parenthood. Intuit regularly advocates for and funds LGBTQ causes and organizations. Up until September 2023, Intuit Quickbooks would not do business with gun manufacturers or sellers. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Intuit is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. For these reasons, Intuit receives a High Risk rating.

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Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
1/18/24GovernanceAs You SowReport on Retirement Plan Alignment with Climate GoalsAgainst12.64%
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