GE Vernova is helping build a more sustainable electric power system
GE Vernova is a purpose-built global energy company focused on electrifying and decarbonizing the planet. The company that started the electrification revolution and whose technology base helps generate approximately 25% of the world’s electricity, maintains close alignment between 10 of the 17 SDGs and the company’s sustainability strategy.
GE Vernova’s broad portfolio of energy technologies and its hybrid approach to further integrate natural gas, including hydrogen and carbon capture capable gas turbines, along with renewables, storage, nuclear, and electrification and software solutions; honors its 130-year heritage of innovation and technology by continuing to lift up the quality of life for people all over the world.
Creating a Modern Sustainability Management System
Inspired by the men and women who operate one of the most complex machines ever created, the electric grid; GE Vernova created its own management system called “Control Room”. Encompassing its comprehensive approach to sustainability, GE Vernova’s Control Room manages all of its sustainability programs including stakeholder engagement, internal operations, and external impact.
At the core of the Control Room sits GE Vernova’s Sustainability Framework, an innovative approach to sustainability outlining ambitious goals built around four pillars.
Electrify, Decarbonize, Conserve, and Thrive
GE Vernova guides its sustainability efforts through the four pillars of its Sustainability Framework – Electrify, Decarbonize, Conserve, and Thrive – each with leading goals that progress its objectives to electrify and decarbonize the planet, conserve natural resources, and support communities where everyone can thrive. These leading goals are core to the company’s sustainability programs and the framework helps align its business performance with non-financial impacts.
- Electrify: GE Vernova is the first company in the space with an electrify pillar as part of its sustainability initiative, with the goal of being a leading provider of new power generation and grid capacity, helping strengthen economies, expand opportunities and support job growth.
- Decarbonize: GE Vernova seeks to advance both near-term impact by improving the trajectory on carbon intensity, and long-term impact by deploying products that are increasingly capable of lower carbon emissions, including hydrogen, carbon capture, direct air capture, and small modular reactors.
- Conserve: GE Vernova believes innovation and conservation can go hand-in-hand. Its new 4R circularity framework incorporates environmental considerations across product portfolio based on four key principles: Rethink, Reduce, Reuse, and Recycle, which encompass its entire product life cycle.
- Thrive: GE Vernova is committed to advancing working conditions in its operations and across its value chain, with emphasis on safety, ethics, & human rights. The commitment and passion of the approximately 75,000 people who work for GE Vernova are the driving forces behind the change the company is creating.”
Investing In the Future
GE Vernova’s action on electrification and decarbonization go hand in hand with a vision of optimism for the future of energy and sustainability. A vision focused on empowering its employees, as well as emerging leaders to drive a more sustainable electric power system through innovation and the development of advanced technology and cutting-edge equipment across all energy sources and the grid.
