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Sustainability Report Building a World That Works for Tomorrow
Building a World
that Works for
Tomorrow
U.S. U.K. Norway Turkey China
Blade Recycling Offshore and Onshore Wind Haliade -X
TM Energy Transition Energy Transition Energy Transition
O U R C O MM ITM E N T GE has partnered with Veolia GE powered the first U.S. In 2020, GE’s HaliadeTM-X, the GE is helping Norway’s grid GE is powering Turkey’s first With more than 200 gas
North America to recycle offshore farm at Block Island, most powerful offshore wind operator Statnett meet its goal nuclear power plant with steam turbines in service, GE is
We build the technology decommissioned wind turbine
blades. This agreement—the
Rhode Island, and will power
Vineyard Wind, the largest
turbine built, was selected
to power Dogger Bank off
of reducing GHG emissions
by 25 percent in 2025.
turbines, along with installing
and commissioning over 150
powering China’s coal-to-gas
transition. A new power plant
that enables a sustainable first of its kind in the US wind offshore and first utility-scale
U.S. offshore wind project.
the coast of England in the Statnett is installing GE g³ gas
insulated equipment at its
MW of wind energy, supporting
Turkey’s energy strategy of
in Tianjin City marks the first
commercial operations of
industry—helps to contribute North Sea. Dogger Bank is
tomorrow. to the circular economy for
Learn more on p. 23
expected to be the world’s new Oslo substation. g3 gas is “More Local, More Renewable.” GE’s 9HA.01 technology in
composite materials. largest offshore wind farm. a game-changing alternative mainland China. It will deliver
When complete, it will be to sulphur hexafluoride (SF6), 661 MW to the national grid
Learn more on p. 71 capable of producing 3.6GW of one of the world’s most potent and steam for district heating
Energy Transition electricity—enough to power greenhouse gases. for over 100,000 citizens living
We have equipped 6 million homes, ~5 percent of in an area of approximately
Learn more on p. 20
90%
total U.K. demand. 7 million square meters. We
are supplying three 9HA.02 gas
Learn more on p. 23 turbines for a power plant in
Global
of the world’s power transmission Guangdong province. The plant
Making airplanes more efficient will add 2.4 GW, powering
utilities with our technology GE Additive—in combination with GE Aviation’s more than 4 million homes in
advanced materials such as Ceramic Matrix the Greater Bay Area.
Composites and aerodynamic technologies—is Next Engineers
revolutionizing the design and manufacturing of GE Foundation recently announced Next Engineers, committing
Precision Health GE engines. The GE9X engine includes more than up to $100 million over the next 10 years to increase the diversity
4M+
300 metal 3D printed parts, helping increase fuel of young people in engineering.
efficiency by up to 10 percent compared to
the GE90 engine. Learn more on p. 81
healthcare installations
Learn more on p. 33
Future of Flight
Target of more than
20%
lower fuel consumption and CO2
emissions compared to today’s engines
through the CFM RISE Program
Haiti Brazil Middle East Zambia India
Disaster and Humanitarian CT-in-a-Box GE’s 360 Foam Wash Rural Healthcare Energy Transition
Relief/Healthcare As part of the fight against Airlines such as Emirates and GE is partnering with the India has the most residents in the
We invest in R&D to build a world The GE Foundation has COVID-19, GE Healthcare Etihad Airways (UAE), Qatar government of Zambia to help world without reliable access to
that works for tomorrow: supported HEI, a small rural developed “CT-in-a-Box,” a Airways (Qatar), and Royal open 108 new health centers electricity—some 240 million people,
hospital in Haiti that stepped high-precision tool to quickly, Jordanian Airlines (Jordan) and five large hospitals to according to the World Bank. An
Global R&D up when a 2010 earthquake safely, and effectively diagnose are using GE’s 360 Foam increase care for pregnant international GE team designed
destroyed the capital. HEI is patients with coronavirus. This Wash, a groundbreaking women. In rural areas, some software to analyze India’s extensive
$3.8B now a technology-enabled,
full-service hospital, and its
staff hopes it becomes a model
mobile unit was rolled out in
the Hospital de Campanha
Lagoa Barra, in Rio de Janeiro
jet engine cleaning system.
This alternative to the water
wash method restores
women must walk over
30 miles for their postnatal
visits. GE equipment like
electricity demands, resulting in
an AI-powered system installed by
Power Grid Corporation of India to
in 2020
for bringing modern healthcare in May 2020, and is now used engine performance ultrasounds also help reduce create the world’s largest wide-area
Companywide, GE, customer and partner funded
to impoverished areas around throughout the world. leading to reductions in infant mortality rates. monitoring system.
the world. fuel consumption.
Learn more on p. 14 Learn more on p. 24
Learn more on p. 85 Learn more on p. 35
i G E S U S TAI N AB I LI T Y R EP ORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W ii
Dear fellow stakeholders,
GE has always held a larger purpose. With 174,000 employees serving customers
and communities in more than 170 countries, our cutting-edge technology,
global network, and exceptional team are anchored in the service of others.
Every hour of every day, our team has an opportunity to broaden access to
electricity, healthcare, and transport around the world.
As a high-tech industrial company, GE feels a heightened sense of responsibility
when it comes to sustainability. Over our 129-year history, our innovation has
improved quality of life around the world—a core driver of sustainability. We are
advancing our sustainability priorities both through our own commitments to
our people, communities, and planet, as well as by innovating groundbreaking
technologies that will help build a more sustainable world at GE and beyond.
F ORWARD - LO O KING S TATE M E NT S
This document contains “forward-looking
statements”—that is, statements related to future
events that by their nature address matters that
are, to different degrees, uncertain. For details
on the uncertainties that may cause our actual
future results to be materially different than those
expressed in our forward-looking statements, see
https://www.ge.com/investor-relations/important
forward-looking-statement-information as well This commitment came to life in a unique that works,” has never been more true Take the energy transition. Roughly one
as our annual reports on Form 10-K and quarterly way in 2020 in one of the most difficult than it is now. GE is committed to tackling billion people around the world lack access
reports on Form 10-Q. We do not undertake to environments. Since the start of the the world’s biggest challenges with a clear to reliable electricity, and overall demand
update our forward-looking statements. pandemic, GE’s people have served on alignment to sustainability—leading the continues to grow. As a company that
the front lines—from delivering hospital energy transition to drive decarbonization, helps to generate one-third of the world’s
equipment in the first days in Wuhan, developing precision healthcare that electricity, we are committed to supporting
NON - GA A P FINA NCIAL M E TRI C S China, to quadrupling the production personalizes diagnoses and treatments, customers and governments in meeting
of ventilators—and today, we continue and building a future of smarter and more this demand while reducing greenhouse
In this document, we sometimes use information to help parts of the world like India and efficient flight. Sustainability priorities are gas emissions. Innovative technology
derived from consolidated financial data but not
Brazil fight against COVID-19. Together woven into all that we do, and this is right will be critical. In Renewable Energy, our
presented in our financial statements prepared
in accordance with U.S. generally accepted with our customers, the GE team keeps for both business and the planet. HaliadeTM--X is the most powerful wind
accounting principles (GAAP). Certain of these power flowing, hospitals operating, turbine built today; in Gas Power, our
data are considered “non-GAAP financial and planes flying. I’m proud of the way 7HA.03 is the most efficient gas turbine
measures” under the U.S. Securities and Exchange we are persevering in the face of great on the market. And we are partnering with
Commission rules. These non-GAAP financial
We will innovate our
uncertainty. our customers to modernize the physical
measures supplement our GAAP disclosures technology and our and digital grid, increase resiliency, and
and should not be considered an alternative The impacts of COVID-19 on the world
to the GAAP measure. The reasons we use Company to ensure we rise enable more renewable energy.
reinforced how the planet shares its
these non-GAAP financial measures and the
challenges and of the need for innovative to the challenge of building
reconciliations to their most directly comparable
GAAP financial measures are included in our solutions. Our purpose statement, “We a world that works.
annual report on Form 10-K, as applicable. rise to the challenge of building a world
C OVER
Logan Toynbee, GE Renewable Energy
Ashley Meaux, GE Digital
iii G E S U S TAI N AB I LI T Y R EP ORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W 1
continue developing and to communicate our businesses. We appointed Roger
details about more specific, nearer term Martella as our first Chief Sustainability
GE greenhouse gas reduction metrics and Officer. Knowing that sustainability at GE
targets that include Scope 3 emissions. requires cross-functional collaboration,
As a company that has led innovation for Roger will help facilitate the success of
more than a century, we will continue to our businesses and employees in our
pioneer the technologies the world needs important sustainability missions, both in
to move toward a net zero future. strategy for solutions and improving our
impacts through ambitious metrics and
Beyond climate change, this year we also targets. We are committed to accelerating
sharpened our focus on one of the most progress by collaborating with government
pervasive challenges—systemic inequality. leaders, policy makers, NGOs, investors,
Wysheka Austin inspecting 7HA.02 As a global company, we know that the communities, and peers. You will see our
Gas Turbine unibody most effective teams bring together shared passion for sustainability through
people with diverse backgrounds and these growing efforts and engagement.
experiences and we are taking steps to
G E’s G L OBA L REACH improve our transparency, accountability, I am united with GE’s employees in
and community. We named Mike Barber taking pride in the sustainability mission
Chief Diversity Officer and appointed chief detailed on these pages. While our 2020
$4.9M diversity officers in each of our businesses
to ensure diversity is integrated into our
Sustainability Report shows what we
are accomplishing today, we know hard
in global COVID-19 relief since
culture and business strategy. Recognizing work lies ahead. Looking forward, we will
the pandemic began that education is an important driver work to lead innovating breakthrough
towards economic inclusion, the GE technologies for the future such as small
Foundation committed to help create modular nuclear reactors, carbon capture,
1/3
more equitable access to opportunities for hydrogen as a fuel, greater access to
Wind turbine in Ontario, Canada STEM education as well as help minority- precision health, and a broad suite of
of the world’s electricity owned companies compete for business technologies for air travel. And we will set
with larger enterprises. In addition, we our sights on ambitious targets across our
generated with GE equipment
published our first Diversity Report to global operations to improve our impacts
With half of the world’s population lacking We also announced our planned exit from provide a snapshot of our people and and lift up our people, communities,
access to essential health services, we the new-build coal power market. These G LO B A L IS S UE S G E I S practices, and to allow our stakeholders and planet. We will not sit still. We will
A DD R E S S IN G
continue developing cutting edge medical decisions highlight the interplay we are We serve more than to measure our future progress. While innovate our technology and our Company
equipment to ensure more health care
providers have the tools they need for an
seeing between decarbonization, market
dynamics, and our own business strategy. Roughly 1B patients it’s clear that we have work to do, we are
committed to building a more diverse
to ensure we rise to the challenge of
building a world that works.
increasingly digital, more personalized
approach to medicine. From our portable Looking ahead, we are setting a further 1B per year workforce and inclusive workplace.
As the GE team knows, how we accomplish
Vscan Air ultrasound to new advances ambition for GE to be a net zero company people lack access to
with our Mural technology to creating by 2050—encompassing not just GE’s reliable electricity our commitments is just as important
virtual ICUs, our innovative technology and
software are helping to ensure patients
operations, but also the Scope 3 emissions
from the use of sold products. We look Largest & as what we accomplish. To that end,
we are approaching sustainability with H. L AW RENCE CUL P, JR .
youngest
receive quality care wherever they are. forward to partnering closely with the same high expectations of rigor Chairman of the Board and
A more sustainable future means
our customers on existing and future
technologies to help them succeed in 1/2 aviation fleet
and accountability that we use to run Chief Executive Officer
connecting more people with lower meeting their own ambitions and address the world’s population lacks
impact. In June 2021, we joined Safran to the world’s needs for reliable, affordable, and access to essential health
unveil our shared vision for the future of sustainable power and safe, efficient flight. services
flight, with a revolutionary new technology
demonstration program that will ensure We are particularly aware of the
even greater efficiency than today’s most engineering challenges still to be solved
advanced engines. to make the ambition of net zero a Reducing
CO₂
reality, and that developing solutions will
We apply this same spirit of innovation require collaboration with our customers,
to our own operations. We announced policymakers and other companies. emissions through aircraft
a new goal to achieve carbon neutrality However, we believe those challenges are
engine innovation
within our own facilities and operations by also key strategic opportunities for GE.
2030 after surpassing our 2020 emissions These pages show the investments we are
reductions targets ahead of schedule. making in both our current products and
To do this, we will make operational breakthrough technologies.
investments to achieve energy efficiencies; Sustainability priorities are
We also recognize the importance of
reduce our emissions from the grid woven into all that we do, and
through smart power sourcing; and use measurement and target setting to drive
lean practices to eliminate energy waste. progress in reducing emissions over a this is right for business and
shorter time horizon as well. We plan to the planet.
2 G E S U S TAI N AB I LI T Y R E PORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W 3
Contents Our sustainability priorities
1 CEO letter 38 Our process: How GE operates to Innovating technology to lift up quality of life around the world—a core driver of sustainability—has been fundamental
succeed in our mission to how GE works since our inception more than 125 years ago. Sustainability priorities are not a separate endeavor at
GE but are woven into all that we do. Sustainability priorities are embedded in our policies, leadership engagement,
39 Board oversight
5 Our sustainability priorities operating mechanisms, commitments, and, ultimately, our products. Our diverse portfolio—from sustainable,
42 Integrated approach to strategy, risk, and sustainability reliable, and affordable energy to precision health to aviation innovation—and legacy in these markets enable
6 United Nations Sustainable Development Goals
us to make substantial impact on people and the planet for the better.
45 Lean principles applied to sustainability: Our strategy for
9 About this report
continuous improvement and eliminating waste
10 Our performance and priorities With substantial changes to the Company In the spirit of humility, we persistently The following pages highlight how our
47 Culture: Leading with integrity and The Spirit & The Letter over the past few years, our pursuit of the engage with thought leaders and products and innovation work to build
48 Always with unyielding integrity: GE’s Ethics & energy transition, precision health, and experts in various fields to learn from a more sustainable world and how
future of flight is unwavering. Our mission them and enhance our program. GE’s our foundational culture of integrity,
12 Responding to COVID-19 for our Compliance program
to succeed in these goals is governed by strong foundation of integrity and lean- forward-looking strategy, and robust
employees and communities 50 Privacy and cybersecurity core sustainability priorities built first oriented culture frame how we make sustainability programs make these
and foremost on GE’s unique culture of continuous improvements for people, priorities come to life.
13 Protecting our employees 53 Investing in our people integrity in everything we do. our communities, and the planet. As
14 Supporting our communities our 174,000 diverse employees share
55 Advancing diversity and inclusion As the world changes, we continuously a common mission to build a world
adapt our programs and improve to best that works, we are focused together on
ensure we succeed in these priorities. these priorities.
15 Our innovation: GE is building 60 Our commitments: GE respects
technology for a sustainable future our people, our planet, and
18 Innovation timeline: Tackling the world’s challenges for our communities
more than 125 years THE ENERG Y
61 Safety
T R A NS ITION T
TR TOO D RIVE
RIV E
20 Leading the energy transition: Sustainability, reliability, DEC
DE C ARB
ARBONIZ
O NIZ A T ION
65 Environment
and affordability
77 Human rights
27 Advancing precision health: Integrated, efficient, and
highly personalized care 79 Ethical supply chain and responsible mineral sourcing
SAFE T Y FOR
31 Developing the future of flight: New technology for 80 Freedom of Association OUR PEOPL E
sustainability and efficiency
A F UTURE
81 The GE Foundation
37 GE Research: Driving sustainability with cutting OF S MARTER
AND MORE
edge research
EFFICIENT
86 Sustainability Frameworks FL IG HT
Culture of
LIF T IN G OU R
C OMMU N IT T IE
ES
integrity in all COMMITMENT TO
HUMAN RIGHTS
that we do
ENVIRONMENTAL
S TE WARDS HIP
PRECIS ION HEALTH
THAT PERS ONAL IZ E S
D IAG NOS E S AND
TREATMENT S
4 G E S U S TAI N AB I LI T Y R E PORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W 5
JOINING THE
CALL TO ACTION
How our strategy
and sustainability
priorities align with
the United Nations
Sustainable Our product innovations work to advance
precision health through integrated,
We are uniquely positioned to innovate
the technology that will decarbonize the
We believe that the energy, transportation,
and healthcare sectors can be leaders
GE at core is an innovation company with
significant investment in research and
As a global company, GE works with local
communities to train and employ the
Development efficient, and highly personalized care, with energy sector and promote affordable, in the future of work in a changing world development that defines our history. This local labor force. We believe education is
Goals a focus on increasing accessibility across
the globe. We serve over 160 countries
reliable, and accessible electricity around
the globe. Our commitments, products,
economy, by providing for advancement,
educational opportunities, mentoring, and
has led to us introducing technology that
has raised the quality of life for people
a significant driver of economic inclusion,
and we have long supported multiple
around the globe with our healthcare services, and global reach are crucial to community assistance to workers. We are around the world. We innovate current organizations focused on training and
The United Nations Sustainable
products and services and are leading decarbonizing the world. We pursue this also part of a collaboration of companies and breakthrough technologies to solve educating a diverse pipeline. In 2021, the
Development Goals (SDGs) represent
innovation in conventional technology and goal in three ways. First, we build diverse that promotes positive change in how the challenges of the energy transition, GE Foundation launched a new initiative
a global agenda to address the most
digital tools such as artificial intelligence technology that works to keep the lights migrant workers are employed. precision health, and future of flight. to increase the diversity of young people
pressing challenges facing our world,
to make healthcare more accessible to on, healthcare equipment operating, in engineering globally. GE’s respectful
including climate action, access to
more people globally. We recognize access and offices open around the world. Our Our goal is to treat everyone affected Our programs for redeveloping brownfield, workplace policies strive for a more diverse
healthcare, and reducing inequities
to care is an important social determinant offerings from renewable power to gas by our businesses and value chain with Superfund, and other contaminated sites workforce and inclusive workplace.
throughout the world. We recognize the
of health, and products like our Vscan power to the grid enable our customers fairness and dignity. We have strict turn idle properties into new hubs of
importance and urgency of this global
Family technologies help doctors deliver to provide energy reliably and affordably. prohibitions on child, prison, and forced economic growth and job creation globally. GE also supports an Employer Pay
initiative and how GE plays a critical role
expanded care to more people, including in Second, we are focused on our own use labor as well as a long-standing program Principle to remove inequities and
in infrastructure, advancing quality of
rural regions. of energy by committing to be carbon focused on our suppliers and ethical exploitation hitting the most vulnerable
life, and furthering global development BUS INE S S AND
neutral in our own Scope 1 and Scope 2 supply chain. PRIORIT Y AL IG NMENT
worker population through its membership
sustainably. GE has been a signatory to
The health and safety of our workforce greenhouse gas emissions by 2030. Third, with the Leadership Group for Responsible
the UN Global Compact since 2008 and Energy Transition
and those doing work on our behalf across we are establishing our ambition to be a Recruitment.
we see close alignment between the BUS INE S S AND
the globe is as important as any GE top net zero company by 2050, which includes PRIORIT Y AL IG NMENT Precision Health
following SDGs and our strategy and Access to affordable and reliable
priority, driving GE’s system to safeguard our own operations as well as Scope 3
sustainability priorities: Energy Transition Future of Flight healthcare is also a significant driver
workers and workplaces. emissions from the use of sold products.
Precision Health Environmental Stewardship of reduced inequalities and economic
Through the GE Foundation, Developing inclusion. We strive to improve access
Health Globally™ (DHG) and Developing BUSINESS AND Human Rights through the work of GE Healthcare and
P R I O R I T Y A LI G N ME N T L EARN MORE
Health U.S. (DH) are signature programs Future of Flight the GE Foundation’s Developing Health
with a longstanding history of increasing Energy Transition 15 Innovation programs, focusing on underserved
Safety
access to quality healthcare in underserved 65 Our Commitments—Environment communities.
Environmental Stewardship
communities around the world.
L EARN MORE
At the beginning of the COVID-19 BUS INE S S AND
LE A R N MO R E 20 Innovation—Energy Transition PRIORIT Y AL IG NME N T
pandemic, we implemented precautions 20 Innovation—Energy Transition
to ensure the health and safety 48 The Spirit & The Letter Precision Health
of our employees and prioritized 66 Our Commitments—Climate Change
61 Safety Lifting Our Communities
the manufacturing of medical 69 GE’s Ambition to Be a
77 Our Commitments—Human Rights Human Rights
equipment needed to treat COVID-19 Net Zero Company
patients globally. 79 Our Commitments—Ethical
Supply Chain L EARN MORE
B U SI NE SS A N D 15 Innovation
PRIO RI T Y ALI G N ME N T
55 Diversity and Inclusion
Precision Health
77 Our Commitments—Human Rights
Safety
81 GE Foundation
Lifting Our Communities
L E ARN M O R E
12 COVID-19
27 Innovation—Precision Health
81 Our Commitments—GE Foundation
6 G E S U S TAI N AB I LI T Y R EP ORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W 7
About this report
As utilities, power producers, grid In 2020, we announced our commitment As outlined in our Human Rights GE has longstanding partnerships with
operators, and policymakers around the to be carbon neutral in our own facilities Statement of Principles, we promote civil society groups and works directly
world set their own decarbonization and operations by 2030 (Scope 1 and respect for fundamental human rights with various governments around the
goals, our diverse offerings are part of the Scope 2 emissions), our planned exit and support the principles contained world. Our operational footprint allows us
toolkit needed to achieve their targets. Our from the new-build coal business, and in the Universal Declaration of Human to invest, expand, trade, and knowledge
expansive business operations provide a holistic strategy to utilize renewable Rights. We endeavor to advance respect share with our partners around the
cities and communities with career and energy and efficient natural gas technology for fundamental human rights by leading world. Our relationships are critical to
business opportunities that support them to decarbonize energy sector emissions. by example in our business capacity, with advancing our goals and priorities. Our
in achieving a more sustainable future. With this report, we are setting a our direct business partners, and in the founding membership in the Global
further ambition for GE to be a net zero communities where we operate. Business Initiative on Human Rights
Our environmental programs are designed company by 2050—including not just GE’s enables us to further our human rights
to promote sustainability—from our operations, but also the Scope 3 emissions We also govern our actions internally goals and commitments. Similarly, our
robust Environment, Health, and Safety from the use of sold products. and toward our people and communities membership in the Leadership Group for
(EHS) programs to our initiatives to clean through strong governance programs Responsible Recruitment, a collaboration
up and redevelop idle properties—we Our businesses function to provide energy, starting with our Board, a culture of between leading companies and expert
are investing for the public good in the transportation, and healthcare with lower integrity, an unyielding commitment to organizations, drives positive change in the This report covers the environmental, social, and governance activities of GE, primarily
communities where we operate. emissions and less carbon intensity over compliance, and an open reporting system. way that migrant workers are recruited. for 2020. Today’s report reflects how GE has evolved to the streamlined, forward-
time. We have an established history We are also an active Participant in the looking company it is today. This report allows us an opportunity to deepen existing
of both providing sustainable products UN Global Compact (including the Human
BUS INE SS A ND BUSINESS AND conversations with our stakeholders about our important sustainability programs.
PR IORIT Y A LIGNMENT
to our customers and reducing our own P R I O R I T Y A LI G N ME N T Rights and Business Dilemmas Forum).
emissions—commitments which we are While the contents within this report have not been externally assured, the information
Energy Transition accelerating for the future. Human Rights In 2021, we have been proud to partner and data within has been quality reviewed for completeness and accuracy by
Environmental Stewardship Culture of Integrity with government leaders, non management and GE’s dedicated internal resources. In addition to the significant
governmental organizations (NGOs), and internal and data-collection resources brought to ensure accuracy, GE’s senior leadership
B U SI NE SS A N D
PRIO RI T Y A LI G N ME N T
more than 300 businesses to support oversaw the preparation, assembly, and drafting of the report.
LEAR N MO RE LE A R N MO R E
ambitious climate reduction goals.
20 Innovation—Energy Transition Energy Transition 47 Culture of Integrity We intend to continue growing our In addition to the UN SDGs, we have considered three key sustainability reporting
38 Our Process: How GE Operates to Future of Flight 77 Human Rights engagement to be a constructive voice frameworks as we developed this report: (1) the Task Force on Climate Related Financial
Succeed in our Mission and leader on the role of technology and Disclosures (TCFD) framework, (2) industry-specific standards from the Sustainability
Environmental Stewardship
innovation in addressing global challenges. Accounting Standards Board (SASB), and (3) the Global Reporting Initiative (GRI)
64 Our Commitments—EHS,
Standards (Core). TCFD, SASB, and GRI indices can be found here.
Environmental Stewardship L E ARN M O R E
BUS INE S S AND
20 Innovation—Energy Transition As described below at page 39, the GE Board of Directors exercises oversight and
PRIORIT Y AL IG NMENT
provides direction on GE’s sustainability strategy. The GE Board is also issuing the
66 Our Commitments—Climate Change Energy Transition report on page 69 in response to the shareholder proposal included in GE’s 2021 proxy
69 GE’s Ambition to Be a Human Rights statement regarding the “net zero indicator” defined in that proposal.
Net Zero Company
Environmental Stewardship Many of the images in this report were captured before the COVID-19 pandemic and may
not include face coverings and social distancing.
L EARN MORE
66 Our Commitments—Climate Change
77 Our Commitments—Human Rights
8 G E S U S TAI N AB I LI T Y R EP ORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W 9
Our performance and priorities TOPIC BA S EL INE 2018 2019 2020 U N SDG
Safety (pages 61–64)
f
As an active participant and signatory to the UN Global Compact since 2008, we understand that we play a role in helping achieve a
better future for all by creating a more sustainable world. To put this in action, we apply the UN Guiding Principles on Business and Human Injury & Illness Total Recordable Rateg 0.55 0.60 0.51
Rights to help frame our program and practices. Our ESG performance in 2020 and priorities for 2021 and beyond align with the identified Days Away From Work Incident Rateh 0.24 0.28 0.26
UN Sustainable Development Guidelines (SDGs) to help address the identified societal challenges. Fatalities - Employees 2 3 3
Fatalities - Contractor Workers 6 2 4
TOP IC B A S ELI N E 2018 2019 2020 UN SDG
Financial Performance ($M)
Total Revenues $97,012 $95,214 $79,619
Environmental Stewardshipf (pages 65–76)
GE Industrial Organic Revenues* a
$84,051 $73,180
Environmental Performance
Adjusted GE Industrial Profit* a
$8,313 $2,520
ISO 14001 sites 185 107 97
GE Industrial Free Cash Flow* $4,341 $2,322 $606
Global Penalties Paid (in $ thousands) 65 25 25
Total Research & Development Spend $4,065 $4,164 $3,820
Spills & Releases (Count)i 41 36 47
Diversity and Inclusion** (pages 55–59) Air Exceedances (Count)i 1 1 9
GE U.S. Workforce, all employees Wastewater Exceedances (Count)i 25 17 11
Total Race & Ethnic Minority 24.1% Climate Change and Energyj 2019 Baseline
Asian 8.7% GE Operational GHG Emissions (million metric tons of CO2 2.30 2.80 2.39 2.07
Black/African American 6.8% equivalent) (market based)
Hispanic/Latinx 6.5% Scope 1 Emissions (million metric tons of CO2 equivalent) 1.29 1.00 0.92
American Indian/Alaskan Native 0.3% Scope 2 Emissions (million metric tons of CO2 equivalent) 1.51 1.39 1.16
Native Hawaiian/Pacific Islander 0.2% (market based)
Multiracial 1.6% GE Operational Energy Use (million MMBtu) 24.9 30.1 25.7 23.2
Global Female Representation per Category Direct SF6 Emissions (thousand metric tons CO2 equivalent) 179 164 138
Female representation, all employees 21.9% Total Electricity (MWh) 3,690,000 3,420,000 3,030,000
Female representation, professional employees 26.2% Renewable Energy Used (MWh) 44,541 31,800 53,000
Waterk 2011 Baseline
Female representation in leadership*** 26.0%
Total Freshwater Use (Billions of Gallons) 6.52 6.54 4.93 5.12
Human Rights: Supplier Responsibility Programb (pages 77–79) Once-Through Cooling Water (Billions of Gallons) 2.27 1.64 1.85
Number of Global Auditsc 1,286
Lifting Our Communities (pages 81–85)
Total Suppliers Approvedd 1,039
GE Company Contributions via GE Businesses and to the 90.7 55.4 44.9
New Suppliers 433
Foundation ($M)
Existing Suppliers 553
Employee and Retiree Contributions matched by GE 38.8 24.6 16.8
Supplier From Acquisition 53 Foundation ($M)
Total Suppliers Rejectedd 71 Total GE “Family” Giving ($M) 129.5 80.0 61.7
New Suppliers 62 Total Contributions as a Percentage of GE Revenue ($M)l 0.07% 0.06% 0.08%
Existing Suppliers 8
Supplier from Acquisition 1
Total Findings 7,348
Percentage of Findings per Category:
Health & Safety 29% * Non-GAAP Financial Measure.
** Data representative of GE’s workforce as of December 31, 2020, extracted on February 10, 2021.
Environment 31% *** Leadership encompasses the top 1.5 percent of all active employees. A NOTE ON TH E IM PAC T OF
a 2018 recasted data not available. COVID - 1 9
Emergency Preparedness 21%
b Beginning with the 2020 metric year, our Supply Chain metrics reflect changes and improvements in GE’s Supplier
Human Rights & Labor 16% Responsibility Governance (SRG) program. 2018 and 2019 metrics do not represent today’s Supplier Responsibility 2020 was an incredibly challenging
Governance program and are not calculated. and unprecedented year for
Dormitory Standards
Protecting our employees
At the onset of the COVID-19 pandemic, GE quickly instituted strong safety precautions for
its global workforce. We adopted operational and governance rhythms across the Company
and with our Board of Directors to coordinate and oversee actions related to the COVID-19
pandemic. We established an enterprise-wide, cross-functional internal COVID-19 Task
Force to protect the health and safety of our employees globally while maintaining business
continuity. We continuously engaged with our unions as a key part of our worker safety
response efforts. And we pledged financial support to employees and their families through
GE’s new Employee Relief Fund. These efforts are ongoing, and we continue to build on
them as the impact of the pandemic evolves in various parts of the world.
Below are some of the specific ways we have supported the safety, health, and wellness of
our employees in response to the COVID-19 pandemic:
• We implemented a four-level GE Site • We placed a strong focus on the impact
Safety Roadmap aligned with global of COVID-19 on mental and emotional
regulatory guidance to ensure the health health. We launched #NotAloneGE
and wellness of individuals working at to reinforce for our employees that
our facilities globally. it’s okay to seek help with emotional
wellbeing.
• We established a key theme, “Protect
and Respect,” to drive all COVID-19 • We continue to engage in educational
safety behaviors. This theme and its dialogue with our people through our
practices will continue to influence our Chief Human Resources Officer and
Responding to
actions going forward. Chief Medical Officer, covering a variety
of topics including vaccinations, face
• We issued frequent communications
coverings, and other COVID-19 related
about worker safety and safety practices
developments.
at the corporate, business unit, and
COVID-19 for our
site levels and continue to enhance • Our Employee Relief Fund provided
safety protocols as local regulations support to 3,900 GE employees and
change. We continue to promote our their families around the world facing
open ombuds reporting channel for unprecedented challenges due to
worker concerns related to compliance the pandemic.
employees and
with COVID-19 safety protocols.
The pNeuton Model A-E ventilator was authorized
communities
under the United States Emergency Use
Authorization (EUA), which is a special authorization
during emergencies, such as the COVID-19
pandemic, enabling the U.S. FDA to help make
medical products available as quickly as possible to
reach patients in need when there are no adequate,
cleared, or approved alternatives.
The COVID-19 pandemic undoubtedly changed the world at an unimaginable
human cost—significantly impacting how we live and work. But, together with
our customers, we helped keep essential services working uninterrupted: G E AVIATION TEAM IN
hospitals and medical equipment kept operating, electricity flowed, and critical CHELTENHAM, U.K . TR ANS ITIONS
TO MAKING PATIENT MONITORS
infrastructure remained online. In our mission-critical industries, GE’s people
G E HEALTHC ARE AND FORD PARTNER TO QUICKLY MANUFAC TU R E
have served on the front lines since the beginning of the pandemic, delivering With demand for patient monitors
VENTIL ATORS FOR COVID - 1 9 PATIENT S
hospital equipment in Wuhan, China, during the first days of the crisis, while outstripping GE Healthcare’s production
capacity, a GE Aviation team transformed In March 2020, GE Healthcare and medical devices. Independent of its
maintaining the power equipment that keeps the lights on across the globe.
available floor space at their factory into Ford Motor Company began working partnership with Ford, GE Healthcare
manufacturing space for the GE Healthcare together to scale up the production doubled its capacity of ventilator
Throughout 2020, the GE team pursued a two-pronged approach to the
team. Using lean principles and only of ventilators—a move aimed to arm production twice in 2020 to address
uncertain landscape of COVID-19: first, protecting the health and safety of GE Healthcare employees in clinicians with vital medical equipment unprecedented demand. GE Healthcare
the materials they had on hand, the
our employees and communities; and second, supporting our communities Madison, Wisconsin, U.S.A., GE Healthcare team went from zero to to treat patients with COVID-19. We also worked with the U.S. Food and Drug
through providing technology to fight the pandemic. The GE Board of support the increased more than 5,000 patient monitors in collaborated with Ford to quickly scale Administration to advise its existing
Directors and management teams engaged with leadership from the outset 15 weeks, delivering one of our hospital the Airon-licensed Model A-E ventilator anesthesia customers on how anesthesia
production of ventilators,
to keep our workplaces around the world safe, to accelerate the manufacture customers’ most important tools to to provide an additional supply of critical devices can be used for ventilation.
which can play a critical fight COVID-19.
of critical ventilators, and to ensure GE’s operations were functioning well in a
role in the treatment of
digital and remote work environment.
COVID-19 patients.
1 2 G E S U S TAI N AB I LI T Y R E PORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W 1 3
Supporting our communities
GE also supported the fight against COVID-19 in our communities and throughout our businesses. Across different GE sites, factories
ramped up to manufacture the ventilators and patient monitors needed in clinical settings to treat patients suffering from COVID-19;
technicians found themselves driving thousands of miles across the U.S. to lend their expertise; in Italy, a sales manager pitched in as a
volunteer ambulance driver; and GE Aviation plants in England were rapidly adapted to produce patient monitors.
• GE Healthcare quadrupled ventilator • Since the onset of the pandemic, • And GE employees across the globe
production and increased production the GE Foundation has contributed sprang into action to put their expertise
capacity and output for other critical $4.9 million in COVID-19 relief, which to help fighting the pandemic. Some
medical equipment to help doctors included delivering personal protective 100 extra workers and volunteers from
diagnose and treat COVID-19, including equipment to U.S. healthcare workers across the U.S. made their way to a
monitoring solutions, x-ray, anesthesia, in urgent need and reinforcing GE Healthcare factory in Wisconsin
and point-of-care ultrasound products. healthcare systems in Southeast Asia to help increase its production of
GE Healthcare also launched digital and Africa. As part of its support, ventilators, while an executive account
the GE Foundation gave a $1 million
solutions to help providers deliver care manager for GE Healthcare in Spain
donation to the United Nations and
to patients virtually. applied the philosophy of lean to
World Health Organization’s Strategic
organize ventilators and other medical
Pandemic Response Plan, which seeks
equipment for quicker deployment.
to curtail the spread of COVID-19 by
increasing lab capacity and critical A global clinical marketing specialist
supplies, protecting vulnerable patients for the GE’s LOGIQ ultrasound
and frontline health workers, setting systems volunteered as a second
up intensive care units, coordinating shift custodian at GE Healthcare’s
research and development of life-saving Madison, Wisconsin plant as it ramped
products, and improving community production of mechanical ventilators.
engagement. He helped the custodial team reimagine O U R IN N OVATIO N
their roles and establish a rigorous
• GE researchers are working on a sensor
disinfecting schedule. Two colleagues
GE is building
smaller than a fingertip that could find
viruses and pathogens in the air. The at GE Renewable Energy’s wind turbine
work could mean that, in the future, factory in Florida used their skills to
smartphones and smartwatches 3D-print protective shields out of a
equipped with such sensors could help thermoplastic polymer, which they
technology for a
users detect not only the SARS-CoV-2 passed out to colleagues and hospitals
virus causing COVID-19 but also other in Florida and South Carolina in just a
pathogens and irritants. few days. The shield extends the life of
N95 masks, which are normally single-
use. In addition, the pair joined with GE
sustainable future
employees from around the globe to
Tyler Vermey has been called the “valve guru”
improve the design and to distribute
because of his intricate knowledge of the ventilator thousands of shields to frontline
parts that regulate oxygen and airflow in and out of workers.
a patient’s lungs. He got his start at GE Healthcare
in 2016 after graduating from the University of
Wisconsin-Madison.
We rise to the challenge of building a world that works.
GE is proud of its more than 125 year history of leading innovation to deliver
solutions that help build a better world and a more sustainable future.
GE M OBILIZ E S TO HELP I ND IA AND B R A ZIL D U RI NG C OV I D - 1 9
From Thomas Alva Edison’s first incandescent lightbulb to the world’s most
While the U.S. and other parts of the world searched around the world and found Way India’s “Hungry No More” initiative
powerful offshore wind turbine built today, GE has pioneered technologies
have started to turn a corner in the fight eight such units in Hungary, which were and other support to communities
against COVID-19, GE is providing support shipped immediately to India. across India. spurring world-transforming changes and improving the lives of billions.
to countries where the virus continues
• In May 2021, the GE Foundation • In April 2021, the GE Foundation Our commitment to innovation is our North Star in approaching
to spread.
announced $600,000 in COVID-19 provided a $350,000 COVID-19
Community Response Grants, which Community Response Grant to two
sustainability. We are builders who are driven to create things that make our
• In the beginning of India’s early 2021
will fund the build out of 60 intensive Brazilian community organizations world healthier, cleaner, and more connected. Our reach into 170 countries
outbreak, GE India’s Vice President of
Sourcing and his team identified an
treatment units at a hospital in dedicated to improving quality of life uniquely positions us to respond to the global scope of sustainability
Bengaluru and 100 oxygen concentrators in the favelas. The grant supports the challenges, enabling us to tailor solutions to local infrastructure and socio-
urgent need for oxygen concentrators,
for hospitals in other regions in India. This Emergency Hunger Relief initiative,
a lifesaving stop gap arrangement until economic conditions.
commitment builds on a prior $275,000 which is providing food assistance
people can get proper hospital care.
COVID-19 Community Response Grant to families in Brazil impacted by
In less than 24 hours, the GE team And we are a company with greater focus than ever before —embracing our
made in late 2020 to support the United the pandemic.
future in energy, health, and flight—to build the world of tomorrow.
1 4 G E S U S TAI N AB I LI T Y R EP ORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W 1 5Our focus is on innovating Energy transition Precision health Future of flight
solutions to three of Climate change is an urgent global priority. At the same time, energy
demand is increasing and roughly one billion people are without
Doctors, nurses, and clinicians are often under-resourced and
over-burdened and healthcare has never been under more
The future of flight will be defined by how the aviation industry
innovates to lower emissions and improves fuel efficiency, a
the world’s most access to reliable power. As a company helping to generate one-
third of the world’s electricity, GE plays a central role in meeting
pressure, from rising costs to aging populations. COVID-19 has
brought this front and center. Solving the industry’s productivity
trend accelerated by COVID-19’s impact on the airline industry.
pressing challenges this demand while lowering carbon intensity of energy and making challenges by improving access, enabling more precise patient Advances in engine architectures, aerodynamics, and materials
developed by GE and Safran Aircraft Engines through CFM
energy more reliable. In 2020, we set a new goal to achieve carbon diagnosis and treatment, shortening hospital stays and wait
neutrality within our own operations by 2030 after surpassing times, and lowering overall costs is more pressing now than ever. International1 have resulted in today’s aircraft engines consuming
our 2020 emissions reductions targets ahead of schedule, and we 40 percent less fuel—and emitting 40 percent less CO2—than
announced our intention to exit the new-build coal power market. Creating a more sustainable future for healthcare means engines manufactured in the 1970s and 1980s. But, we cannot be
We also are announcing our ambition to be carbon neutral by 2050, getting earlier, better, and faster diagnosis and treatment satisfied with the pace of progress from the past.
including our sold products, as described on page 69. to more people in need using fewer resources. Delivering
on the future of healthcare is about enabling precision We are currently developing the next suite of engine
GE’s innovative technology and expertise help our customers health—integrated, efficient, and highly personalized care. technologies—including open fan architectures, hybrid-electric
meet their decarbonization goals. From the HaliadeTM-X, to Making this a reality requires merging clinical medicine and and electric propulsion concepts, and advanced thermal
our approximately 50,000 onshore and offshore wind turbines data science by applying advanced analytics and artificial management concepts—that offer the potential to achieve at
installed, to our HA gas turbine fleet, to digital controls and intelligence across every possible point of the patient journey. least a 20 percent additional improvement in fuel efficiency
hardware solutions that help utilities modernize and bring more Healthcare’s EdisonTM platform is the foundation of our digital compared to today’s state of the art single-aisle aircraft engines.
renewables onto the grid, to our hydro and storage offering, capabilities and helps providers use data in new and significant GE Aviation is also supporting industry initiatives to approve
to supporting the existing nuclear fleet and developing new ways, such as applying deep learning to make MRI scans both and adopt 100 percent Sustainable Aviation Fuel (SAF) and
advanced nuclear technologies—we can enable material emissions clearer and faster. Today and tomorrow, Healthcare is focused investigating hydrogen as the zero-carbon fuel of the future.
reductions today while accelerating technological innovation for on building an intelligence-based healthcare system and a
higher renewable penetration and lower-carbon power generation. healthier and more sustainable world.
GE Power GE Renewable Energy GE Healthcare GE Aviation
SHARED MISSION Our GE Power and GE Renewable Energy businesses have a shared mission of making power sources more MISSION Creating a healthier world by enabling broad MISSION A driving force for flight, connecting the world,
sustainable, reliable, and affordable anywhere in the world. and diverse access to precision health that is integrated, and making air transport increasingly sustainable with
efficient, and highly personalized smarter, more efficient technologies
UNITS Gas Power, Power Conversion, Steam Power, GE Hitachi UNITS Onshore Wind, Offshore Wind, Grid Solutions
Nuclear Energy Equipment and Services, Hydro Solutions, Hybrids Solutions UNITS Healthcare Systems including Imaging, Ultrasound, UNITS Commercial, Military, Systems, and Other
Life Care Solutions (anesthesia, respiratory, and
INSTALLED BASE 7,000+ gas turbines, representing 800+ INSTALLED BASE ~50,000 wind turbines & 7,500+ hydro monitoring), and Digital; Pharmaceutical Diagnostics INSTALLED BASE ~37,700 commercial aircraft engines and
GW of gas power; 215 nuclear steam turbines worldwide, units equipped with GE technology, representing 400+ GW of ~26,500 military aircraft engines
representing 200GW carbon-free power generation, over 1,200 renewable energy INSTALLED BASE 4M+ healthcare installations
hybrid and electric ship power systems EMPLOYEES ~40,000
EMPLOYEES ~40,000 EMPLOYEES ~47,000
EMPLOYEES ~34,000 2020 REVENUE $22,042MM
2020 REVENUE $15,666MM 2020 REVENUE $18,009MM
2020 REVENUE $17,589MM 2020 R&D** $1,797MM
2020 R&D** $485MM 2020 R&D** $872MM
2020 R&D* $330MM PRODUCT SPOTLIGHTS The world’s largest and the most
PRODUCT SPOTLIGHT The world’s largest offshore wind farm in PRODUCT SPOTLIGHTS Edison™ intelligence applications powerful aircraft engine, the GE9X, is also the most
PRODUCT SPOTLIGHTS World-record setting HA turbines are the the North Sea will be powered by GE’s HaliadeTM-X turbine, the are designed to enable better patient care and increases efficient engine we have ever built on a per-pounds
most efficient gas turbines and key force multiplier to accelerate world’s most powerful offshore wind turbine built today; GE’s access to care, and with Edison Marketplace, hospitals can thrust basis. The culmination of a complete renewal of
decarbonization; leading Arabelle™ steam turbines in 53 GW of largest onshore wind turbine, Cypress, offers revolutionary test-drive AI-powered applications; Vscan Air™, handheld our commercial engine product line, GE9X is designed
existing nuclear fleet generating 2 percent more power output with two-piece wind blades, enabling increased output from hard- ultrasound that improves healthcare access, joins the to deliver up to 10 percent greater fuel efficiency than
99.96 percent reliability; developing advanced nuclear technology to-reach sites; GE’s state-of-the-art high voltage direct current Vscan Family technologies with 30,000 units in more than its predecessor, with emissions of nitrogen oxides (NOx)
like BWRX-300 and Natrium™** will provide carbon-free electricity (HVDC) transmission system will supply one of the world’s 100 countries. 55 percent below current regulatory requirements.
during operation, dependable base load, and flexible capacity. largest offshore wind farm projects off the coast of England.
* 2020 GE and Partner Funded R&D.
** Jointly developed with TerraPower. 1 CFM International is a 50-50 joint company between GE and Safran Aircraft Engines and produces LEAP and CFM56 engines.
1 6 G E S U S TAI N AB I LI T Y R EP ORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W 1 7INNOVATION TIMELINE
Tackling the world’s challenges for more than 125 years
Innovating technologies and redefining what’s possible 1879 1896 1910
FIRST X- R AY M AC H I N E FIRST ELECTRIC
CO M M E R C I A L LY A rich tradition of GE RANGE
P R AC T I C A L GE improves life in the
INCANDESCENT breakthroughs in medical
LAMP imaging begins with kitchen with the first
Edison invents the first the demonstration of electric range.
commercially practical stereoscopic Roentgen
incandescent lamp. pictures.
1992 1983 1 9 69 1962 1957 1942
MARS OBSERVER MRI TECHNOLOGIES
FOR FIRST MOON
WO R L D ’ S F I R S T L E D FIRST U.S. LICENSED
N U C L E A R R E AC T O R
FIRST U.S. JET
ENGINE, THE I-A
Enabling a
GE builds the Mars GE scientists develop Building on Hall’s solid
Observer for NASA, the Signa Magnetic
LANDING
state laser, Nick Holonyak GE reactor becomes first GE builds the first U.S. jet better quality
GE supplies a variety of
which will study Martian Resonance Imaging
technologies for the first
Jr. demonstrates the privately owned and engine, the I-A, which is
used to power America’s
of life
geology and climate System, which produces world’s first light emitting operated nuclear power
landing on the moon, plant to deliver electricity first successful jet aircraft
while mapping the images of “soft” tissues diode (LED) at GE
including engineering to the grid in Vallecitos, for military use, the Bell
planet’s surface. difficult to image by Research Niskayuna. LEDs
support, test facilities, California. XP-59 Airacomet. 1927
X-ray methods. enable solid state lighting,
and the silicone for Neil
which uses 85 percent FIRST HOME
Armstrong’s boots.
less electricity than TELEVISION
conventional lighting. RECEPTION
The first home television
reception takes place in
Schenectady, NY with
a signal from GE’s radio
Building a sustainable tomorrow broadcast station.
1995 2002 2 0 09 2014 2015 2016 2018 2019 2020
GE90 AIRCRAFT ENTERS WIND VSCAN D I G I TA L G R I D HA TURBINE C L I N I C A L CO M M A N D CFM LEAP ENGINE LEADING NUCLEAR OFFSHORE G E 9X A I R C R A F T
ENGINE POWER BUSINESS Vscan, a handheld, GE launches Advanced CENTER The CFM LEAP* engine REDESIGN WIND TURBINE ENGINE
GE introduces HA, the
GE introduces the GE continues its focus pocket-sized ultrasound Distribution Management world’s largest and most GE launches the first application for single- GE Hitachi Nuclear The first Haliade™-X Certified by the U.S.
GE90, the first jet on sustainable energy, technology, helps doctors Solutions (ADMS), efficient heavy duty AI-powered real-time aisle aircraft entered Energy is selected by wind turbine prototype Federal Aviation
engine to include entering the wind power providing electric optimization system service in 2016 with the U.S. Department of is installed in Port of Administration, the GE9X
deliver expanded care to gas turbine. The turbine
components made of business. utilities with reliable at The Johns Hopkins the first Ceramic Matrix Energy to lead a team Rotterdam. Haliade™-X sets a new standard
more people, including in and resilient distribution offers industry-leading Composites and 3-D
lightweight carbon fiber rural regions. operational flexibility and Hospital. In 2020, the simplifying nuclear is the world’s most for engine performance
grid while enabling more printed parts in the hot
composites. The GE90 builds upon the legacy system’s efficiency reactor design, reducing powerful offshore wind and efficiency thanks
renewable energy. section of a commercial
turbofan substantially of jet engine technology benefit at Tampa General aircraft engine. The plant construction costs, turbine built today. to GE’s most advanced
reduces engine weight g 3 I N S U L AT I N G & pioneered at GE Hospital was equivalent engine’s unique design and lowering operations technologies.
SWITCHING GAS to taking 4,000 cars off
and enables higher Research during the early and materials make and maintenance costs
An environmentally
standards for fuel burn 20th century. the road. it 15 percent more for the BWRX-300, a
preferable alternative to
and emissions. fuel efficient than its 300 MWe small modular
sulfur hexafluoride (SF6)
predecessor. It is also reactor.
used in high voltage grid
quieter and produces
equipment, g3 provides a
fewer emissions.
99 percent reduction in
global warming potential.
* The LEAP engine is a product of CFM International, a 50-50 joint company between GE and Safran Aircraft Engines. LEAP is a registered trademark of CFM.
1 8 G E S U S TAI N AB I LI T Y R EP ORT B U I L D I N G A W O R L D T H AT W O R K S F O R TO M O R R O W 1 9You can also read
