exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
The General Dynamics Corporate Governance y shareholders’ right to call a special meeting;
Guidelines provide a framework for effective
y shareholders’ right to act by written consent;
governance of the board and the company. The
y shareholders’ ability to nominate director
board’s commitment is demonstrated by key
candidates and have those nominees included
corporate governance practices, including:
in the company’s proxy statement, a process
y strong board independence;
known as “proxy access”;
y an independent lead director;
y annual board and committee self-assessments;
y a majority voting standard for the election
y a robust shareholder engagement program; and
of directors, coupled with a director
y disclosure of corporate political contributions
resignation policy;
and trade
Keyword: governance
Governance 14Board Oversight of Risk
Our comprehensive risk management program is y The board holds two meetings each year
conducted by senior management and overseen dedicated to its assessment of material
by the board of directors. In particular, the risks, including comprehensive evaluations of
board oversees management’s identification cybersecurity, environmental, safety, human
and prioritization of risks. The full board reviews capital, legal and other facets of risk.
and approves a corporate policy addressing
y T he chief executive officer and the senior
the delegation of authority and assignment of
management team brief the board on specific
management responsibility annually. This ensures
risks throughout the year as needed.
that the respons
Keyword: governance
Governance 15Political Engagement
General Dynamics Corporation does not make As a guiding principle of our employee PAC, we stay
political contributions. above the normal fray of partisan politics, remaining
focused on national security and on advocating for
We offer eligible employees (as determined by
success of General Dynamics and our employees.
federal election laws) in the United States the
That means we give to members of both parties,
opportunity to make political contributions through
and we delink our support from issues unrelated to
a political action committee (PAC). The General
our core business. That philosophy has served our
Dynamics employee PAC is organized and operated
industry well over the years, as we have enjoyed
on a strictly v
Keyword: governance
internal financial controls exist to ensure company corporate governance, we follow a strict policy
compliance with federally mandated governing lobbying practices. This includes tracking
contribution limits. and reporting lobbying costs and expenses as
nondeductible for tax purposes and unallowable
for purposes of U.S. government contracts.
Our employee PAC invests contributions
in candidates based on:
• Support for national security
and aerospace
• Representation in districts/states where
General Dynamics facilities, suppliers or
employees are located
• Membership on key committees legislating
issues important to General Dynamics
• Leadership positions
• Prior military or aerospace
industry experience
Governance 16Compensation
We deliver fair market-based compensation. Our defined metrics also include a stake
Keyword: governance
Governance 17Information Security
General Dynamics is committed to safeguarding and attempts to gain access to information in our
employee, customer, national security and third- care. We also design and manage IT systems
party information entrusted to our care. We achieve for customers, and many of the products we
this by executing a proactive, robust and compliant manufacture contain IT systems that are subject
information security program. Our priority is to to those same threats.
protect sensitive information from the full range of
We leverage our experience as a leading
potential internal and external threats targeting our
cybersecurity provider for national defense
systems and data.
customers to continually evolve and enhance our
cyber defenses
Keyword: governance
the challenges of expanding national and global central governance and a mature policy framework,
privacy regulations, the growth in volume and is an integral component of our company’s risk
sensitivity of privacy data and the increased use governance. To address the dynamic nature
of third-party vendors. Core tenets of our program of cyberthreats, we established the General
include collecting the least amount of information Dynamics Cyber Council to guide our program
necessary to meet our business needs and by recommending updates to cybersecurity
seeking to ensure that the information we have policies, supporting executive decision-making on
is used exclusively for valid business purposes in cybersecurity matters and addressing strategic
accordance with written policies and procedures. cyberthreats to o
Keyword: governance
Governance 18As part of our information security program, penetration tests emulate the most recent
our businesses protect our company from techniques used by advanced persistent threat
cyberthreats by: adversaries. The corporate information security
team notifies key decision-makers of any breaches
y i dentifying cyberthreats and critical
and regularly reports to management and the
information assets;
board on the maturity and performance of our
y implementing cybersecurity prevention,
cybersecurity program.
detection and response controls;
General Dynamics maintains cyber defense
y incorporating cyber risk assessment
collaboration capabilities that empower our cyber
practices into program activities;
defenders with high quality, actionable cyberthr
Keyword: governance
business risk governance practices; and commercial sources. Our intelligence sharing and
analysis center serves as the central hub for threat
y engaging with suppliers to address supply chain
activity, incident reporting and response, and
cyber risks to enable their compliance.
proactive sharing of the intelligence we develop
The maturity of our cyber capabilities was recently
from those activities with industry peers and supply
affirmed by DoD’s pilot audit program to assess
chain partners. Our incident reporting processes are
control compliance with the Cyber Maturity Model
designed to ensure timely notification and escalation
Certification (CMMC) program. The independent
to executive leadership and the board of directors.
audit confirmed General Dynamics’ readi
Keyword: governance
Governance 19Every General Dynamics employee plays a critical
role on the frontline of our cyber defenses. To
Engaging Our Suppliers on Cybersecurity
counter the pervasive nature of email-based attacks,
we require our employees to complete regular The integrity and quality of our products
cybersecurity awareness training on detecting and and services are dependent on our supply
reporting suspicious activity and to ensure they chain partners. We recognize that scale
understand their role and responsibilities. Training matters in countering cyberthreats that
is complemented by regular email “phishing” target the defense industrial base and in
addressing new cybersecurity compliance
exercises that provide us feedback on our defensive
requirements, such
Keyword: governance
Governance 20O U R C U LT U R E
GD employees volunteer at the annual U.S. Army Ten-Miler.
Sustainability Report 21Ethics
The foundation of our culture is our Ethos, which shapes how General Dynamics
employees act according to our shared values of transparency, trust, alignment and
honesty. In all things. At all times.
R A
NSPAREN
Leadership Commitment to Ethics
T C
Y
Y
G ane dn e sr ea rl
v
D esy n aa sm ai nc s e’
x
l ae mad pe lers th oip
o
t ue ra em
m
l piv loe ys
e
o eu sr
,
values
T T
S In all things. R customers and shareholders.
E U
N At all times. S Our board of directors and our key financial
O T
H
A LIGNME N T
p
t co
oro dtf
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ee
e
ss
i
s
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i
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ao
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eea sl bs
,
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ea nhv ie
c
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aa
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rme at fmh tei
Keyword: governance
through an environmental, social and governance
As a government contractor with nearly 70%
lens to foster ethical and sustainable business
of our revenue from the U.S. government, we
practices. This perspective is applied to every step
operate in a highly regulated environment and are
in the process of delivering a product, service or
subject to regular audit and review by multiple U.S.
solution to a customer and when engaging with the
government agencies to assess our compliance
communities in which we live and work.
with applicable laws, regulations and standards.
The U.S. government also reviews the adequacy
of, and compliance with, internal control systems Readily Available Tools and Resources
and policies, including our purchasing, property
Our commitment to ethics is highly visibl
Keyword: governance
Governance
Product Safety
RT-AE-250a.1 Number of recalls issued, total units recalled None
RT-AE-250a.2 Number of counterfeit parts detected, We promptly report all suspected or confirmed
percentage avoided cases to the government and/or the customer.
Counterfeit Parts Prevention
RT-AE-250a.3 Number of Airworthiness Directives The most recent information is
received; total units affected available from the FAA.
RT-AE-250a.4 Total amount of monetary losses as a None of a material nature
result of legal proceedings associated
with product safety
Index 56Fuel Economy & Emissions in Use-Phase
RT-AE-410a.1 Revenue from alternative energy-related Most of our products are alternative energy-
products, USD related. This includes all-new Gulfstream aircraft
t
Keyword: bribe
incidents of corruption, bribery and/or illicit
(2) We do not have direct defense business with
international trade
any of these countries outside of that overseen
(2) Revenue from countries ranked in the “E”
by the U.S. government’s Foreign Military Sales
or “F” Band of Transparency International’s
or Direct Commercial Sales process, or equiva-
Government Defence Anti-Corruption Index
lent allied country processes.
(3) Discussion of processes to manage busi-
ness ethics risks throughout the
(3) Global Supply Chain
value chain
Activity Metrics
RT-AE-000.A Production by reportable segment Aircraft deliveries in units are reported in our 10-K.
Deliveries of ships, combat vehicles and other sys-
tems are reported as applicable by our government
customers.
Review of Operating
Keyword: corruption
Our robust anti-corruption compliance program is rooted in our Ethos and tailored to poten-
tial risks faced in our business. Designated anti-corruption officers and other compliance
professionals at each BU help carry out the program and serve as a resource.
Elements of the program include written policies and procedures, training, risk-based man-
agement and third-party due diligence, multiple reporting systems, and compliance audits.
We comply with the U.S. Foreign
Corrupt Practices Act and other
applicable anti-corruption laws
around the globe.
NASSCO shipyard in San Diego
22Global Supply Chain
Our suppliers are critical to our ability to deliver quality products and services to our
customers. We expect them to uphold the same high standards that we uphold ourse
Keyword: corruption
• Impacts of U.S. and other applicable • Anti-corruption or anti-money
export laws and sanctions on laundering risks associated with
the proposed party or parties, the party or parties, engagement
engagement or transaction, or transaction, including relations
including restrictions on end with government officials or
use, end users or retransfers political candidates
• Legal structure, location of business • Financial, cyber or operational
operations, and related entities of risks associated with the relevant
those involved in the transaction engagement or transaction
• Qualifications and ability to perform • Other regulatory or reputational risks
relevant obligations by relevant party associated with the party or parties,
or parties engagement or transaction
• Supplier quality and compliance,
i
Keyword: corruption
• Anti-corruption or conflict of interest
external advisers
statements or certifications
• Third party audit or
• Financial analyses
investigative services
• Legal assessments
• S
i in
nu
t
ter hv
r
eve iy
te
rs
w
a, nss
s
e
o
alf
f
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ta is
a
os
r
nte is es sm ine vn ot ls
v
eo dr S o ci 5a 1lRed flags regarding potential legal, policy, regulatory, reputational or operational risk are
escalated within our robust risk management structure.
Where appropriate, we conduct further, enhanced due diligence. The results of due diligence
and potential risks are assessed by management from relevant functions such as operational
management, human resources, legal, international trade compliance, finance, engineering,
health and safety, manufacturing, and supply cha
Keyword: corruption
incidents of corruption, bribery and/or illicit
(2) We do not have direct defense business with
international trade
any of these countries outside of that overseen
(2) Revenue from countries ranked in the “E”
by the U.S. government’s Foreign Military Sales
or “F” Band of Transparency International’s
or Direct Commercial Sales process, or equiva-
Government Defence Anti-Corruption Index
lent allied country processes.
(3) Discussion of processes to manage busi-
ness ethics risks throughout the
(3) Global Supply Chain
value chain
Activity Metrics
RT-AE-000.A Production by reportable segment Aircraft deliveries in units are reported in our 10-K.
Deliveries of ships, combat vehicles and other sys-
tems are reported as applicable by our government
customers.
Review of
Keyword: tax
• Income Tax Expense: $616 million 10% Non-U.S. Government
8% Non-U.S. Commercial
OUR WORKFORCE
3,000+
900+ 900+
CANADA
UK GERMANY
2,000+
87,000+ 700+ SWITZERLAND
UNITED STATES SPAIN
4,000+
MEXICO
101,700
employees in 65 countries and all 50 U.S. states
* All data are for the year ended 12/31/21. Please refer to General Dynamics’ Annual Report on Form 10-K for additional information. A b o
ut
U 11sOur primary owners are the American people
Tens of millions of Americans have a stake in GD directly or indirectly through employer-
sponsored pensions and 401(k) accounts, individual retirement accounts, 529 college
savings plans, mutual funds, index funds and other investments.
We recognize that, with more than 90% of our institutional investors based in th
Keyword: tax
addition, we offer members access to tax-
free flexible spending accounts and health
savings accounts.
Family Support. We recognize the impor- GDIT employees participate
Our Employee Assistance Program (EAP) tance that families play in the well-being in a blood drive.
helps employees access childcare and free of our employees. We provide a wealth
counseling. Other programs vary by business of resources to assist employees seeking
and location, reflecting the distinct and to expand their families, such as adoption
diverse needs of our employees, and include support benefits, infertility treatment cov-
everything from biometric screenings, erage and maternity programs. We also
mental wellness and fitness programs to offer paid parental leave programs and
in-person health coaches an
Keyword: tax
includes tracking and reporting lobbying costs and expenses as nondeductible for tax
purposes and unallowable for purposes of U.S. government contracts.
In 2021, we engaged with members of Congress regarding the proposed federal tax
credit for SAF, including in the Sustainable Skies Act. The legislation would provide a
tax credit for SAF that achieves at least a 50% reduction in lifecycle GHG emissions
compared to conventional jet fuel. We have also communicated our support for a
federal grant program administered by the Department of Transportation to lawmakers.
The program would provide funding to help stand up facilities to produce SAF and
develop new aviation technologies that would reduce greenhouse gas emissions.
S o ci 5a 5lCybersecurity and Data Privacy
We are committed to safeguarding employee, customer, national
Keyword: governance
GOVERNANCE 13
Board of Directors 14
Management 18
Ethics 20
Global Supply Chain 23
ENVIRONMENTAL 26
Reducing Greenhouse Gas Emissions 29
Energy Management 33
Water and Wastewater Management 34
Solid Waste Management 34
Sustainability Products and Services 35
SOCIAL 40
Human Capital 41
Diversity, Equity and Inclusion 44
Health, Wellness and Safety 47
Human Rights 50
Communities 53
Political Engagement 55
Cybersecurity and Data Privacy 56
HONORS AND AWARDS 58
INDEX 59
8A B O U T U S
Gulfstream production facility
General Dynamics is a publicly traded global aerospace and defense company. We
offer a broad portfolio of products and services in business aviation; ship construction and
repair; land combat vehicles, weapons systems, and munitions; and techn
Keyword: governance
Our board of directors is committed to the principle that good corporate governance
enhances shareholder value. Through strong corporate governance practices, we promote a
culture of ethics and integrity, and empower leaders at all levels to do what is right for our
customers, suppliers, employees and communities.
Our deeply engaged and experienced board is central to our company’s culture of account-
ability and continuous improvement. Our board reflects a diverse and well-qualified group
of business leaders and aerospace and defense industry experts, as well as financial and
strategic advisers.
Other than our CEO, all of our directors are independent. Each of our board committees is
chaired by an independent director.
Balanced Board With Unique Perspectives
Our board includes directors who are or have:
a Significant fin
Keyword: governance
for effective governance of the board and
the company. The board’s commitment is
demonstrated by key corporate governance
practices, including:
• Strong board independence
• An independent lead director
• A majority voting standard for the
election of directors, coupled with
a director resignation policy
• Shareholders’ right to call a
special meeting
• Shareholders’ right to act by
written consent
In February 2022, General Dynamics Mission Systems earned
• Shareholders’ ability to nominate MassEcon’s bronze honors for the Greater Boston region as a
director candidates and have those result of the $9.6 million capital improvements it made in the
nominees included in the company’s
company’s Dedham facility. The renovation and expansion added
proxy statement, a proc
Keyword: governance
In 2022, the board of directors updated the company’s Corporate Governance Guidelines in response
to shareholder feedback. These updates:
• Codified powers of the lead independent director to oversee CEO performance and compensation;
to consult regularly with management regarding business matters; and to hire consultants
and advisers in connection with all board functions.
• Established a policy to conduct a detailed study about the board’s leadership structure, including
whether to have a separate chairman and CEO at the time of CEO transition, in addition to its
rigorous annual assessment when it elects a chair.
G o v e r n a n 1c 5eBoard Oversight of Risk
Our comprehensive risk management program is conducted by senior management and
overseen by the board of directors. In particular, the board oversees managem
Keyword: governance
16Sustainability Governance
Sustainability Committee
AEROSPACE MARINE COMBAT TECHNOLOGIES
G o v e r n a n 1c 7e
pihsredaeL
noitucexE
The Sustainability Committee is chaired by an independent director with expertise and
unique experience in the environmental, social and governance (ESG) field, including as
a former board co-chair of the Value Reporting Foundation, now part of the International
Financial Reporting Standards (IFRS) Foundation.
Climate-related risks and opportunities are typically briefed by business unit presidents or
the cognizant executive vice presidents (EVPs) for the relevant business line. They may also
be briefed by the chair of our corporate functional area councils, including the Environment,
Health and Safety (EHS) Committee of the Manufacturi
Keyword: governance
Our corporate headquarters is responsible for setting the strategic direction and governance of
the company, allocating and deploying capital, and ensuring a culture of ethics and integrity that
defines how we engage with our employees, communities, customers and suppliers. Our
operating processes and activities incorporate initiatives to improve diversity, promote
inclusion, reduce emissions and waste, and adhere to standards that lower risk and drive a
healthier and safer workforce and community.
Each of our 10 business units (BUs) closely adheres to our corporate vision while maintaining
individual responsibility for executing operating plans. This model empowers our businesses
to stay close to their customers while having the agility to make wise decisions quickly.
It also allows our businesses to anticipate, adapt and react t
Keyword: governance
tive corporate governance, we follow a strict policy governing lobbying practices. This
includes tracking and reporting lobbying costs and expenses as nondeductible for tax
purposes and unallowable for purposes of U.S. government contracts.
In 2021, we engaged with members of Congress regarding the proposed federal tax
credit for SAF, including in the Sustainable Skies Act. The legislation would provide a
tax credit for SAF that achieves at least a 50% reduction in lifecycle GHG emissions
compared to conventional jet fuel. We have also communicated our support for a
federal grant program administered by the Department of Transportation to lawmakers.
The program would provide funding to help stand up facilities to produce SAF and
develop new aviation technologies th
Keyword: governance
governance practices
• Implementing cybersecurity
prevention, detection and • Engaging with suppliers to address
response controls supply chain cyber risks and enable
their compliance
• Incorporating cyber risk assessment
practices into program activities
GDIT employees
56To protect the confidentiality and integrity of our products and services, and to
ensure we do not inadvertently abet cyber attackers, we typically do not publicly
disclose information about breaches that are not of a material nature. We col-
laborate and share intelligence with government, suppliers and industry peers
through a central hub that monitors threat activity. We report cyber incidents to
our customers and in accordance with regulatory or legal requirements.
We monitor ou
Keyword: corruption
and anti-corruption.
•	 As a founding member of the Global Business Initiative 
on Human Rights, we work with other multinationals 
to embed respect for human rights into our business 
operations, drive improvements through peer learning, 
highlight challenges, and address human rights risks.
•	 We are engaged in the Leadership Group for 
Responsible Recruitment (LGRR), a group of companies 
and expert organizations working to improve the 
recruitment of migrant workers. LGRR supports ethical 
recruitment practices and promotes the Employer 
Pays Principle, a concerted effort to eliminate the 
practice of charging workers a recruitment fee to 
secure employment.
We provide employees with learning modules on human 
rights and forced labor; company-wide policie
Keyword: governance
54	 Governance
55	 Sustainability governance structure
55	 Management oversight of sustainability
56	 Enterprise risk management
57	 Our commitment to compliance and integrity
59	 Data privacy and cybersecurity
61	
Political engagement and policy development
Contents
GE9X engine during ice testing.
Safety
Operations
Technology
People
Governance
2024 Sustainability Report
2
Introduction
We are excited to publish our inaugural 
Sustainability Report as GE Aerospace.
GE Aerospace launched as an independent public 
company on April 2, 2024. This marks the historic final 
step in the multi-year transformation of what was GE, 
building on a legacy of innovation and learning that 
dates back more than a century.
As a global company, we are mindful of the impact
Keyword: governance
Governance
2024 Sustainability Report
3
Introduction
About this report
GE Aerospace launched as an independent public 
company on April 2, 2024, and this report covers the 
environmental, social, and governance (ESG) activities 
of GE Aerospace only, unless otherwise stated.
The performance data in this report and the accompanying 
Sustainability databook covers the calendar year from 
January 1 to December 31, 2023. In certain places, there 
is also commentary about events, achievements, and 
initiatives that took place during the first half of 2024.
In addition to the United Nations Sustainable Development 
Goals (UN SDGs), we considered three key sustainability 
reporting frameworks as we developed this report: the 
Task Force on Climate-related F
Keyword: governance
Governance
2024 Sustainability Report
4
Introduction
Opening letter from Larry Culp: 
Innovating a more sustainable future
H. Lawrence Culp, Jr., Chief Executive Officer, GE Aerospace
While our existing technology has made our newest 
commercial engines 10–15% more fuel efficient than the 
prior generation, we don’t intend to stop there. Whether it 
be through CFM’s Revolutionary Innovation for Sustainable 
Engines (RISE) program, which seeks to achieve at least 
20% better fuel efficiency compared to our most efficient 
commercial engines today, or our projects with NASA to 
advance hybrid electric engines, our extensive installed 
base and technology pipeline provides the expertise and 
scale to test and launch new innovations.
Underpinning our tra
Keyword: governance
and governance. 
Moving innovation forward starts with putting safety 
first. Our global team of 52,000 employees brings people 
home safely every day by ensuring our engines meet the 
rigorous standards required to keep them flying. Guided 
by our leadership behaviors—act with humility, lead with 
transparency, and deliver with focus—we lift people up with 
a workplace where everyone feels welcome, an unyielding 
commitment to human rights across the supply chain, and 
a focus on community impact through our GE Aerospace 
Foundation, volunteerism, and community giving. And our 
team is still growing: in 2024, we plan to hire more than 900 
engineers to support current aircraft engine programs and 
develop new technologies. 
1	
Includes equipment made by
Keyword: governance
Governance
2024 Sustainability Report
5
Introduction
Opening letter from Chris Pereira:
Celebrating our continued focus on innovation
one of the largest technology demonstration programs 
in company history—represents the commitment to 
developing the next generation of propulsion. By looking 
to improve fuel efficiency and reducing CO2 emissions by 
more than 20% compared to today’s commercial engines, 
technological innovation will help the industry advance its 
decarbonization goals.
Our continued focus on innovation led us to think about 
how we could steer our ambitions beyond the engine, 
leading directly to the establishment of GE Aerospace 
Carbon Solutions (ACS) in 2023. ACS is exploring how to 
scale technology-enabled Sustainable Aviation
Keyword: governance
allows us to reach a broader talent pool. Strong governance 
practices underpin all our activities, ensuring transparency, 
accountability, and ethical decision-making.
Our path forward is clear. We will continue to leverage our 
rich heritage of innovation to revolutionize the aircraft 
engine, and beyond. We will drive progress in reducing 
emissions, collaborating across the industry to meet our 
goals and working closely with our employees, peers, and 
government partners to rise to the challenge of creating a 
more sustainable future of flight.
Christoph Pereira
Chief Executive Officer, 
Aerospace Carbon Solutions (ACS) and Sustainability 
GE Aerospace
Christoph Pereira, Chief Executive Officer, Aerospace Carbon Solutions 
(ACS) and Sustainability
At GE Aerospace, we take great pride in our he
Keyword: governance
Governance
2024 Sustainability Report
6
Introduction
GE Aerospace is a world-leading 
provider of aerospace propulsion, 
services, and systems for 
commercial and military aircraft, 
with a global service network to 
support these offerings.
About GE 
Aerospace
2	
2023 non-GAAP financial measure. Amount is unaudited and 
represents our current estimate.
3	
Amount represents aerospace research and development as reported 
in our 2023 Form 10-K and includes customers and partner funding.
4	
Includes equipment made by GE Aerospace and joint ventures.
~44K
commercial aircraft engines installed4
$32.0B
2023 adjusted revenue2
$2.3B
2023 invested in aerospace research 
and development3
~52K
employees
12K
engineering jobs
~26K
military aircraft engines insta
Keyword: governance
Governance
2024 Sustainability Report
7
Introduction
Our history of innovation
From the turbosupercharger to the world’s most powerful commercial jet engine, GE Aerospace’s 
history of powering the world’s aircraft features more than 100 years of innovation.
Early moves 
into aviation
Carbon-fiber 
composites lift off
The GE90 is the first 
certified commercial jet 
engine to use lightweight 
carbon fiber composite 
fan blades, which reduce 
weight and increase 
fuel efficiency.
Building a more 
sustainable tomorrow
Innovating technologies and 
redefining what’s possible
Unducted turbofan crosses the Atlantic 
The GE36, an experimental Open Fan 
engine developed by GE Aerospace 
with Safran Aircraft Engines, completes 
its first Transatlantic flight.
Keyword: governance
Governance
2024 Sustainability Report
8
Introduction
We have been on a transformation for 
several years, embedding the right 
behaviors and principles with a focus on 
safety, quality, delivery, and cost (SQDC)—
in that order.
Our lean operating model: FLIGHT DECK
In early 2024, GE Aerospace launched FLIGHT DECK, our 
proprietary lean operating model. This systematic approach 
to running our business brings exceptional value, as 
measured through the eyes of our customers. It is the means 
by which we will turn our strategy into sustainable results 
and deliver on our purpose today, tomorrow, and in the future.
Rooted in our Leadership Behaviors of humility, 
transparency, and focus, FLIGHT DECK is helping us 
accelerate the lean transformation that
Keyword: governance
Governance
2024 Sustainability Report
9
Introduction
Our sustainability journey
GE Aerospace launched as an 
independent public company on 
April 2, 2024. Our business has a legacy 
dating back more than a century and 
sustainability at the core of our future.
Our advancements in engine technology have always 
focused on fuel savings for our customers, which, beyond 
significant cost benefits, directly impact aircraft CO2 
emissions. Our market position and competitive advantage 
is critically impacted by our ability to reduce emissions 
through new technologies. We take pride in the progress 
we have made in recent decades through continuous 
investment and innovation, enabling us to deliver engines 
that are around 40% more efficient than those in
Keyword: governance
Governance
2024 Sustainability Report
10
Introduction
S
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With more than 100 years of history, 
GE Aerospace remains dedicated to 
innovating technology to lift the quality 
of life for people around the world.
Our sustainability framework, which is informed by 
our sustainability issues assessment,7 serves as a 
North Star for how we approach sustainability. This 
framework consists of four pillars: sa
Keyword: governance
people, and governance, within which we set strategic 
targets and key performance indicators (KPIs), 
implement programs, and build industry partnerships 
where we can make the greatest impact.
We embrace collaboration with thought leaders and 
experts, continuously refining our programs to uphold 
our mission. With around 52,000 employees dedicated 
to our purpose, our journey continues with a steadfast 
focus on our sustainability priorities.
Throughout this report, we highlight how our innovative 
technologies, our commitment to integrity, our 
strategy, and our sustainability programs help bring 
these priorities to life.
We put safety first and look 
to continuously improve 
our products, processes, 
and operations.
Topics
Product Safety and Quality
Employ
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Governance
Business Ethics
Risk Management
Data Privacy and Security
We lift up people and communities 
by working hard to foster a more 
equitable and prosperous society.
Topics
Talent Management and Engagement
Diversity, Equity, and Inclusion
Employee Wellbeing
Community Development
Human Rights
Supplier Responsibility
We build on the spirit of invention 
that has fueled us for over a 
century to help achieve net 
zero carbon for Scope 1 and 2 
operational emissions by 2030 
and propel the industry’s net zero 
by 2050 ambition.
Topics
Product Innovation and New Technology
GHG Emissions
Climate Change Mitigation and Resilience
Energy Efficiency
Hazardous Materials Management
Circularity
Our 
sustainability 
framework
7	
GE Aerospace performed a sust
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2024 Sustainability Report
11
Introduction
Stakeholders9
Research and development
We prioritize safety, quality, and performance when 
developing our products.
Design
We are world leaders in jet engine design. We consider 
maintenance and repair of materials during the use phase 
of the product in the design state.
Sourcing
We strive to maintain ethical and responsible supply chains.
Manufacturing
We manufacture engines with the right processes in place 
and an advanced product quality planning (APQP) toolkit 
for managing change.
1
2
3
4
5
6
7
8
Customers
•	$2.3B R&D invested10
•	Durable, reliable engines and services
Employees
•	52,000 employees
•	Competitive compensation and benefits
•	99.9% compliance training completion11
•	Safe and i
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•	Supplier Responsibility Governance program
Communities
•	$8.3M in donations through the GE Aerospace Foundation13
•	56,000+ employee volunteer hours14
We invent the 
future of flight, 
lift people up, 
and bring them 
home safely.
2
3
4
5
6
7
8
1
8	
Business activities shown in this diagram are not inclusive of all 
GE Aerospace businesses.
9	
Numbers represent 2023 information for GE Aerospace on a standalone basis.
10 	 Amount represents aerospace research and development as reported in our 2023 
Form 10-K and includes customers and partner funding.
11	
Completion by <100% includes employees who are on leave.
12 	 2023 non-GAAP financial measure. Amount is unaudited and represents our 
current estimate.
13	 This information is specific to the legacy GE Foundation, which w
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2024 Sustainability Report
12
Introduction
first
Putting 
safety 
Our operating framework at GE Aerospace 
is SQDC: safety, quality, delivery, and cost—
in that order, for a reason. Safety comes first 
at GE Aerospace. As safe as aviation has become, 
we are never done. Our approach is focused 
on continuous improvement.
In this section
14	 Product safety and quality
18	 Employee safety
Safety
Operations
Technology
Introduction
People
Governance
2024 Sustainability Report
13
Safety
Product safety and quality
Delivering engines to power three out 
of every four of the world’s commercial 
aircraft15 is a major responsibility. 
In 2023, GE Aerospace had zero engine-caused events that 
resulted in serious risk to an aircraft, improving on a st
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2024 Sustainability Report
14
Safety
Our holistic approach to product safety 
and quality
Product safety and quality are top priorities for 
GE Aerospace. Given the central importance of flight and 
product safety to the company, our Board of Directors 
provides regular oversight of and engagement on safety 
and quality.
Our uncompromising commitment to safety is 
strengthened through our organizational structure that 
is intentionally designed to create checks and balances 
with engineering teams reporting independently to the 
CEO from product management teams.
Dedicated cross-functional product safety rhythms further 
support our commitment to safety, including:
Safety Program Management Teams (SPMTs): Each 
engine product line reviews
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2024 Sustainability Report
15
Safety
Our product quality framework
All new aircraft engines and component parts are 
manufactured under production quality systems that 
are approved by military and commercial aviation 
authorities and certified to conform to their type design. 
Similarly, fielded engines and component parts serviced 
within GE Aerospace shops are maintained to original 
manufacturer requirements using original manufacturer 
component parts and repairs, then returned to service 
under applicable commercial aviation maintenance 
organization approvals.
Underlying these commercial aviation regulatory 
approvals, our quality framework drives actions 
that include:
•	 Developing our people through continuing education
•	 Creati
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Safety
Working with commercial customers
We work closely with airlines around the globe to ensure 
they have the information needed to safely operate and 
maintain the products we produce throughout their 
useful lifetimes.
In-region customer support teams
We support our customers around the globe 24/7, through 
a global network of dedicated aviation professionals, 
training centers, web centers, On Wing Support (OWS) 
technicians, and more.
Customer training
We provide maintenance training and aids to serve our 
customers. These include training modules available 
on our Customer Technical Education Center (CTEC) 
University website, as well as maintenance videos posted 
on YouTube to help the aircraft mainta
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Safety
Employee safety
Our ultimate responsibility is to protect 
our people and those who do work on our 
behalf, ensuring that everyone goes home 
safely at the end of every day.
Health and safety at GE Aerospace is the responsibility 
of every single person, no matter what level or where they 
sit in the organization. Every individual is empowered 
and encouraged to take responsibility for creating a safe 
and healthy working environment, and to speak up if 
they have any concerns about health and safety matters. 
When performing high-risk activities, all employees and 
contractors must follow robust procedures and standards 
to prevent potential accidents and injuries. Our procedures 
are available in diff
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2024 Sustainability Report
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Safety
EHS Framework
GE Aerospace’s EHS Framework is a key element of our 
EHS management system that helps define specific 
expectations across a range of safety and environmental 
topics. The Framework provides metrics that are used to 
measure our facilities’ program maturity, including policy 
alignment, training, leadership, high-risk operations, 
and safety and environmental compliance. A global 
network of EHS professionals implement the Framework’s 
requirements, supported by a reporting and metrics 
structure through which GE Aerospace can assess each 
site’s progress against the program.
We evaluate the EHS impacts of our business through:
•	 Management of change: We assess the EHS risks of 
any new
Keyword: governance
Governance Committee at least annually.
•	 Incident investigation process: This involves detailed 
reviews of incidents with business leaders and putting 
action plans in place to prevent them from recurring.
GE Aerospace plans and executes regulatory and risk-
based audits and inspections at a frequency that reflects 
the inherent risk and performance of each operation. These 
audits include a mix of assessments of a site’s regulatory 
compliance and completion of GE Aerospace’s EHS 
policies and procedures.
Managing contractor safety
GE Aerospace’s expectations for a safe, healthy work 
environment extend beyond our own employees and 
operations to include our contractors and all those who 
work on our behalf, whether at our own sites or those of
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2024 Sustainability Report
19
Safety
innovation
Accelerating 
smart 
GE Aerospace’s track record of technology and 
innovation means that we have products and 
services to help customers reduce emissions today. 
We also support efforts to accelerate the uptake of 
alternative fuels and collaborate across the industry 
with the goal of making the future of flight smarter 
and more efficient. We are building on the spirit of 
invention that has fueled us for over a century to 
help propel the industry’s goal of achieving net zero 
carbon emissions by 2050.20
In this section
21	 Our approach to lower-emission technologies
22	 Current technologies
24	 Future technologies
27	 Sustainable Aviation Fuel
29	 Industry collaboration
30	 GE Aerospace
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20
Technology
20 	 https://www.iata.org/en/programs/environment/flynetzero/
Our approach to lower-emission technologies
We are also exploring efforts beyond propulsion leadership. 
We have established a team called Aerospace Carbon 
Solutions (ACS) to catalyze progress in SAF and high-
quality carbon removal technologies, which will be 
essential to the industry achieving its decarbonization 
goals. Through ACS, we are supporting startups and 
other efforts at the forefront of these spaces. We are 
also mobilizing our team at GE Aerospace Research to 
design technologies that reduce the cost and increase 
the potential scale of SAF refining, hydrogen production, 
and direct air carbon capture.
Achieving the indus
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21
Technology
Current 
technologies
As one of the world’s largest suppliers 
of aircraft engines, systems, and 
services, GE Aerospace continues 
to lead the industry in developing 
technologies to reduce emissions from 
flight. Our dedication to innovation 
and investment over decades has led 
to the following engines and software 
available now.
Engines
From the GE9X, the culmination of our decade-
long commercial product renewal, to the Passport 
and CatalystTM business and general aviation engines, 
and the T901 and T408 turboshafts for military helicopters, 
we have the industry’s broadest array of advanced engines.
With advances in engine architecture, aerodynamics, and 
advanced materials, today’s commerci
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Technology
“	We’re proud that the KLM Group 
has chosen our Fuel Insight 
solution to support its fuel 
efficiency efforts. Our platform 
seamlessly integrates flight 
data, which will empower KLM 
to prioritize its sustainability 
initiatives, lower costs, and gain 
deeper insights into lowering 
carbon emissions.”
Andrew Coleman
General Manager, Software as a Service,
GE Aerospace
Additional technologies and services
Additive manufacturing
Having certified the first additively manufactured part for 
commercial jet engines and designed the first turboprop 
engine containing additive parts, GE Aerospace founded 
GE Additive in 2016, which was rebranded as Colibrium 
Additive in 2024. Colibrium Additive is a le
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2024 Sustainability Report
23
Technology
Future technologies
GE Aerospace continues to lead the 
development of technologies to further 
reduce carbon emissions from flight. 
The work we’re doing today will be seen 
in the propulsion systems of the future.
Meeting the aviation industry’s long-term goal of net zero 
carbon emissions from flight will require revolutionary 
new technologies for increased engine fuel efficiency. 
To address this challenge, GE Aerospace has embarked 
on its largest technology demonstration program in 
company history to mature advanced new engine 
architectures like Open Fan and hybrid electric systems. 
Ground and flight tests are planned for this decade, 
for potential entry into service in the mid-2030s.
The
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Technology
On the whole, aircraft engines are quieter than previous 
generations27 and have largely reduced noise in line with 
greater engine efficiency. Our newest commercial aircraft 
engines already meet the latest global noise standards but 
reducing noise levels even further remains a key focus for 
GE Aerospace’s future products, including those developed 
through the CFM International RISE program. Through 
advanced blade aerodynamics, the new Open Fan engine 
architecture will be designed to meet the more stringent 
environmental requirements expected in the future.
26	 Wind tunnel and LPT tests completed by CFM parent company Safran 
Aircraft Engines.
27	 Certified noise levels for the latest aircraf
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Technology
“	It’s full speed ahead for the 
RISE program as our engineers 
around the world are testing 
many new components, systems, 
and engines to demonstrate 
the technologies for the future 
of aviation. It’s a period of 
innovation unlike anything 
GE Aerospace has seen before.”
Arjan Hegeman 
General Manager, Future of Flight Technologies,
GE Aerospace
Hybrid electric propulsion
Hybrid electric propulsion technologies can help optimize 
engine performance—reducing fuel use and emissions—
and are key to the aviation industry’s efforts to reduce 
carbon emissions for a smarter and more efficient future 
of flight. Hybrid electric systems are also compatible with 
alternative fuels, as well as Open Fan an
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Technology
Sustainable Aviation Fuel
With alternative fuels set to play a 
significant role in helping the industry 
meet its goal of a more sustainable 
future of flight, GE Aerospace supports 
initiatives for the wider near- and long-
term adoption of Sustainable Aviation 
Fuel (SAF).
While SAF can have the same chemical compositon as 
petroleum-based jet fuel, it has lower lifecycle carbon 
emissions. This is because it can be made from renewable 
sources such as plant-based material, fats, oils and 
greases, alcohols, waste streams, captured carbon, and 
other alternative feedstocks. ASTM International, the 
organization that sets technical standards, has so far 
qualified eight pathways for manufacturing
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Technology
In-flight tests evaluated 
SAF benefits
We recently partnered with Boeing, NASA, 
and United Airlines for in-flight testing 
to measure how SAF affects contrails 
and emissions at various altitudes, in 
addition to reducing the fuel’s lifecycle 
climate impact. In the fall of 2023, Boeing’s 
ecoDemonstrator Explorer, a 737-10 
destined for United Airlines, flew with 100% 
SAF on both LEAP-1B engines.
The commercial airplane, with experts 
from GE Aerospace, Boeing, and other 
organizations on board, was followed by 
NASA’s DC-8 Airborne Science Lab. Its 
probes and sensors measured emissions 
and contrail ice particles, while NASA 
satellites also captured images of contrail 
formation. Similar in-f
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Technology
GE Aerospace is one of 40 co-founding members 
of the Sustainable Aviation Fuel Coalition, formed 
in May 2024 to advance U.S. federal support for 
the development, growth, and adoption of more 
sustainable aviation. This nonprofit group of airlines 
and aircraft operators, agricultural enterprises, 
aircraft and aircraft equipment manufacturers, 
airports, technology developers, labor unions, and 
biofuel producers aims to rapidly scale investment 
in the SAF sector and advocate for the incentives 
and policies necessary to promote U.S. economic 
competitiveness in the emerging SAF marketplace.
Avio Aero, a GE Aerospace company headquartered 
in Italy, is a founding member of Clean Aviation 
and si