exo-is/governance-reporting-on-listed-companies huggingface dataset:
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Technology
34	 Counter-Rotating Open Rotor was a technology test led by Safran Aircraft Engines with the 
participation of Avio Aero, a GE Aerospace company.
35	 AMBER is a project funded under Clean Aviation Joint Undertaking, a successful public–private 
partnership between the European Commission and the European aeronautics industry.
GE Aerospace’s roadmap for the future of flight
Engine 
technology
Operational 
efficiency
SAF
•	
More fuel-efficient commercial engine products certified: GE Passport, GEnx, 
CFM LEAP
•	
Fewer part counts, optimized part designs from additive manufacturing vs. 
conventional manufacturing
•	
More heat-resistant ceramic matrix composites (CMCs) vs. metal alloys
•	
Twin Annular
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Governance
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Technology
compliance
Optimizing 
operations and 
We aspire to be responsible stewards of the 
environment, maintaining a strong environmental 
compliance program. We have shared a goal 
to achieve net zero carbon for Scope 1 and 2 
operational emissions by 2030,36 with an initial focus 
on energy efficiency and acceptance testing fuel 
efficiency, carbon-free electricity, and exploring low-
carbon fuels.
In this section
32	 Our environmental program
32	 Working toward net zero
36	 Managing hazardous materials
36	 Water stewardship
37	 Driving circularity
Environment: 
Operations
36	 Locations within GE Aerospace’s operational control as defined by the GHG Protocol.
Safety
Technology
Introduction
People
Govern
Keyword: governance
Governance
2024 Sustainability Report
32
Operations
Driving energy efficiency
In 2023, GE Aerospace introduced a Carbon KPI focused 
on reducing carbon emissions at more than 60 sites 
across 15 countries.38 Participating sites are required to 
track energy usage every month and prepare action plans 
using FLIGHT DECK fundamentals to achieve targets.
The success of the program is supported at site level 
by energy representatives, who work with the central 
team to identify and implement projects to improve KPI 
performance. As a result, more than 634 opportunities have 
been identified. In 2023, the actions we implemented led to 
a reduction of approximately 11,000 metric tons of CO2e.
Energy treasure hunts
One of the tools we use to help optimize e
Keyword: governance
Governance
2024 Sustainability Report
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Operations
Durham, NC, United States
8.9%
on-site solar
Bangalore, India
100%
off-site solar
Lynn, MA, United States
50%
nuclear supply (Jan 2024)
Brindisi, Italy
10.5%
on-site solar (May 2024)
Hooksett, NH, United States
50%
nuclear supply
Pune, India
20.5%
on-site solar
Hooksett, NH, USA
UK (six sites)
Bangalore, India
Brindisi, Italy
Durham, NC, USA
Lynn, MA ,USA
Pune, India
39	 Sites with carbon-free electric sources are not necessarily completely powered 
by those resources.
Carbon-free electricity
In addition to making operational improvements in energy 
efficiency, we are also focused on procuring carbon-free 
electricity, including on-site solar electricity. We are actively 
engaging with energy power
Keyword: governance
Governance
2024 Sustainability Report
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Operations
Emissions and energy use40
2019
2020
2021
2022
2023
Total emissions (absolute Scope 1 and 2)—market-based (MTCO2e)
951,490
710,406
698,085
718,458
728,592
Scope 1 emissions (MTCO2e)
428,000
306,708
280,047
282,456
294,537
Scope 2 emissions—market-based (MTCO2e)
523,490
403,698
418,038
436,002
434,056
Scope 2 emissions—location-based (MTCO2e)
513,078
485,792
436,503
441,302
441,385
Operational energy use (MWh)
3,255,320
2,560,815
2,498,098
2,685,746
2,476,158
Total electricity (MWh)
1,400,434
1,307,447
1,269,583
1,278,055
1,276,090
Carbon-free electricity (MWh)
0
20,747
34,704
61,720
77,198
Percentage of carbon-free electricity (%)
0%
2%
3%
5%
6%
Using low-carbon fuels in 
our testing operations
SAF
Keyword: governance
Governance
2024 Sustainability Report
35
Operations
Managing 
hazardous materials
We are committed to the highest 
standards of safety and environmental 
stewardship in managing hazardous 
chemicals and substances of concern, 
ensuring compliance with evolving 
regulations and prioritizing the wellbeing 
of our workers and the environment.
At GE Aerospace, we recognize that water 
is a vital resource of great importance to 
the environment and the communities in 
which we operate.
Our water use inventory process adheres to the reporting 
principles outlined in the GHG Protocol Corporate 
Accounting and Reporting Standard, revised edition. 
Our operational inventory follows the control approach, 
which includes water use and discharge data at sites 
w
Keyword: governance
Governance
2024 Sustainability Report
36
Operations
Driving 
circularity
Circularity principles exist throughout a 
GE Aerospace engine’s lifecycle: design, 
sourcing, manufacturing, product 
maintenance, repair, and overhaul 
(MRO), and end of life.
Our circularity approach revolves around repairing and 
recovering metal within our value chain to the fullest 
extent possible to reduce waste across the product 
lifecycle. Optimizing use of repaired parts and reverting 
or recycling metal that cannot be repaired is key to 
reducing the upstream carbon footprint of our products 
and reliance on virgin materials.
Our approach to circularity
Metal revert 
Metals 
recycling 
outside of our 
value chain
Metal revert 
Metal revert 
Repair
Material flow defi
Keyword: governance
Governance
2024 Sustainability Report
37
Operations
Evendale manufacturing: 
Waste metal chips recycling
GE Aerospace is committed to recovering 
metal chips from engine manufacturing 
processes and working closely with metal 
reclamation companies to ensure the 
reverted metal re-enters the raw material 
supply chain.
At the end of 2022, the manufacturing 
operations and facilities teams at our 
facility in Evendale, Ohio, held a kaizen 
event addressing the recovery of waste 
metal chips we produce. Focus areas 
included increasing the capture of metal 
chips, organizing segregation by alloy 
family to avoid cross-contamination that 
could negatively impact reintroduction of 
recovered metal to the raw material supply 
chain, and optimizing transpo
Keyword: governance
Governance
2024 Sustainability Report
38
Operations
communities
Empowering 
people and 
At GE Aerospace, we are passionate about lifting 
people up in the communities where we work and 
live. We aspire to be the best place to work for 
people of all backgrounds, where all employees 
feel respected, included, and empowered to 
reach their potential. We leverage our different 
perspectives to enhance our competitiveness 
and generate value for our stakeholders.
In this section
40	 Our Leadership Behaviors
41	 Talent management and engagement
43	 Diversity, equity, and inclusion
47	 Working conditions
49	 Human rights and ethical supply chain
51	 Community impact
People
Safety
Operations
Technology
Introduction
Governance
2024 Sustainability Report
39
P
Keyword: governance
Governance
2024 Sustainability Report
40
People
Talent management and engagement
We are focused on attracting, developing, 
and retaining the best talent, by making 
learning and development opportunities 
available to all employees, wherever 
they are in their career, and engaging 
with them.
Attracting the best talent
We are continuously competing to attract the very best 
talent. We conduct training to strengthen our talent 
acquisition processes and work with local colleges and 
universities, and organizations such as the National 
Society of Black Engineers (NSBE), the Society of Women 
Engineers (SWE), and the Society of Hispanic Professional 
Engineers (SHPE), to expand our talent pools. 
In 2023, we launched our Leaders Innovating Flight for
Keyword: governance
Governance
2024 Sustainability Report
41
People
Our global development programs
Our development programs are two-year rotational 
programs dedicated to career-shaping experiences 
to grow talent in critical functions. These programs 
provide the primary path for university graduates into 
GE Aerospace careers. Students can build skills in critical 
areas of the company with active coaching, training, 
work content with business impact, and a connected 
peer community. This is an opportunity for employees 
to accelerate their future with GE Aerospace.
Our programs include:
•	 Digital Technology Leadership: Build digital 
products and services that accelerate the way our 
company works and deliver value to GE Aerospace’s 
employees worldwide.
•	 Edison
Keyword: governance
Governance
2024 Sustainability Report
42
People
Diversity, equity, and inclusion
We believe diverse teams and 
perspectives are essential to inventing 
the future of flight, lifting people up, 
and bringing them home safely.
Our Diversity, Equity, and 
Inclusion Framework
This framework brings our vision to 
life and shapes our focused efforts 
moving forward.
1
2
3
Workforce
Building a workforce that reflects 
the richness and diversity of the 
communities where we live and work.
Culture
Fostering an environment and 
building a culture that allows each 
person to reach their fullest potential.
Inclusive leadership
Equipping our people leaders 
with the right tools and resources 
to build the inclusive community 
we all aspire to work in.
1
2
3
We ar
Keyword: governance
Governance
2024 Sustainability Report
43
People
Employee Resource Groups (ERGs)
Our ERGs are open to all employees, regardless of background or identity. For decades, they have added value to our 
colleagues and business by fostering a more inclusive workplace, enhancing employee engagement, driving innovation 
through diverse perspectives, and creating spaces where employees can learn, connect, and foster a sense of belonging.
Our ERGs
African American/Affinity Forum (AAF)
Our oldest ERG is focused on attracting, promoting, and 
developing diverse talent in America and across our 
global operations.
Asian Pacific Allies & Friends (APAF)
APAF was founded to support our Asian Pacific Islander (API) 
employees and offer education, mentoring, and networ
Keyword: governance
Governance
2024 Sustainability Report
44
People
Equal pay for all
At GE Aerospace, we are proud of our long-standing 
commitment to fair and competitive pay practices. 
Being transparent about our progress is a critical 
component to driving a more inclusive environment, 
and we continue to monitor and communicate our pay 
equity results.
Our goal remains 100% pay equity. To achieve 
this ambition:
•	 Our compensation philosophy reinforces our focus on 
respect and fairness
•	 We establish consistent pay ranges and structured 
bonus plans that promote employee engagement and 
high performance
•	 We review pay regularly to ensure our pay practices 
are competitive and equitable
Equitable pay data
Gender pay equity
100%
U.S. underrepresented minorities
Keyword: governance
Governance
2024 Sustainability Report
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People
Supplier diversity
GE Aerospace leaders have long recognized that small 
businesses play a key role in satisfying customers. 
Our sourcing function continues to actively pursue 
relationships that will benefit small businesses, as well 
as enhance GE Aerospace’s competitive position in 
the marketplace.
Through our Supplier Diversity program, in place since 
1974, we focus on doing what is right for our communities 
and our company, by engaging suppliers for high-quality 
goods and services, but also seeking to enhance economic 
opportunity. We believe supplier diversity results in supply 
chain management excellence and growth for all.
To build on this program, our Small Business Liaison 
Office (SBLO)
Keyword: governance
Governance
2024 Sustainability Report
46
People
Working conditions
Being an employer of choice and 
providing a safe, fair, and respectful 
work environment is embedded in 
our culture, operations, policies, 
and procedures.
Fostering a respectful workplace
GE Aerospace’s respectful workplace policies are the 
foundation of our commitment to a diverse workforce 
and inclusive workplace. Aligned with our Human Rights 
Statement of Principles, we prohibit discrimination 
or harassment against anyone based on race, color, 
religion, national or ethnic origin, ancestry, sex, gender, 
sexual orientation, marital status, genetic information, 
age, disability, military and veteran status, or any other 
characteristic protected by law. We respect workers’ 
r
Keyword: governance
Governance
2024 Sustainability Report
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People
In 2023, HealthAhead offered campaigns and programs to 
improve resilience and wellbeing for employees and people 
leaders, including Wellness Champion events, webinars, 
and multiple global campaigns. In addition, HealthAhead 
supported several charities, including Save the Children, 
Special Olympics, CARE, and World Central Kitchen.
U.S. family benefits
GE Aerospace provides a variety of benefits to employees 
and their families, including medical, dental, vision, life and 
disability insurance, and retirement savings.
Specific to family planning and benefits, we offer 
personalized guidance and resources through counselors 
and online services to help manage challenges, money, 
and stress. These cou
Keyword: governance
Governance
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People
Human rights and ethical supply chain
Respecting the human rights of our 
workforce and those in our value 
chain is a core part of GE Aerospace’s 
commitment to integrity. Maintaining 
GE’s approach, we treat everyone 
affected by our business with fairness 
and dignity, respect employees’ rights to 
freedom of association, and foster strong 
relationships with suppliers and other 
stakeholders in our value chain.
Policies, principles, and standards
Our human rights program is built on a suite of policies 
and standards that are embedded across our operations 
and value chain.
Human Rights Statement of Principles
Our Human Rights Statement of Principles reflects our 
commitment to respecting all intern
Keyword: governance
Governance
2024 Sustainability Report
49
People
Freedom of association
We are committed to engaging meaningfully with worker 
associations and recognized unions, and have enjoyed 
respectful and successful negotiations with labor unions 
around the world for many years.
•	 United States: We have more than 3,500 union-
represented manufacturing and service employees 
spread among eight different unions at seven 
facilities, making up just under 15% of the total U.S. 
employee population.
•	 China: Approximately 300 employees have formal 
representation in China through the GE Aerospace 
China Union Committee.
•	 Latin America: In Brazil, approximately 2,100 employees 
are represented by unions.
•	 Europe: As well as engaging with national works 
counc
Keyword: governance
an extensive Supplier Responsibility Governance (SRG) 
program that is designed to foster an ethical, sustainable, 
and transparent global supply chain and establish clear 
social and environmental expectations for suppliers. 
Under our supply chain program, we prioritize suppliers for 
detailed pre-engagement and periodic post-award audits, 
including both on-site and desktop audit assessments.
The SRG program allows us to continuously assess, 
monitor, and drive improvements within our supply chain. 
Regular communication and engagement with suppliers 
helps build their capacity to improve their environmental, 
health, and safety (EHS) practices, and reduce human 
rights and modern slavery risks. We are particularly 
focused on safety, environment, working conditions and, 
where relev
Keyword: governance
Governance
2024 Sustainability Report
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People
2023 giving at a glance
Company contributions
$2.5M
company contributions supporting organizations 
across the globe50
$5.1M
employee/retiree giving through individual donations 
and annual campaign pledges to nonprofits50
56K+
volunteer hours from 7,000 employees on 
450 GE Aerospace-led projects51
Community impact
We are passionate about lifting people up 
in the communities where we live and work, 
with a focus on engineering education, 
workforce development, disaster relief, 
and humanitarian aid. We create positive 
change through volunteerism, community 
giving, and the GE Aerospace Foundation.
Our history of philanthropy
For more than 100 years, the GE Foundation49—
an independent charitable org
Keyword: governance
Governance
2024 Sustainability Report
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People
2023: GE Foundation52
Supporting STEM
To help improve access to science, technology, 
engineering, and math (STEM) education, the 
GE Foundation sponsored and participated in community 
activities, and partnered with professional student 
organizations including the Society of Women Engineers 
(SWE) and the Society of Hispanic Professional Engineers 
(SHPE). It also sought to increase the diversity of young 
people in the engineering industry through Next Engineers, 
a global college and career readiness program.
Established in late 2021, the Next Engineers 
program provides students aged 13 to 18, many 
from underrepresented populations, with first-hand 
experience of engineering concepts and careers.
Keyword: governance
Governance
2024 Sustainability Report
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People
Looking ahead with the 
GE Aerospace Foundation
In May 2024, a month after GE Aerospace became 
a standalone company, we officially launched the 
GE Aerospace Foundation.
Having transformed our communities and shaped the 
diverse workforce of tomorrow through the GE Foundation 
for over a century, the GE Aerospace Foundation will 
continue to focus on expanding STEM education programs 
that promote a diverse workforce; developing a robust 
pipeline to support advanced manufacturing careers; 
responding to major global disasters and humanitarian 
crises; and amplifying employee engagement.
“	We are immensely proud to 
oversee this next chapter of 
philanthropic support with a focus 
on a stronger future
Keyword: governance
Governance
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People
ethically
Operating 
responsibly and 
We have a robust governance structure in place to 
operate our business in a responsible and ethical way.
In this section
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
Governance
Safety
Operations
Technology
Introduction
People
2024 Sustainability Report
54
Governance
Sustainability 
governance structure
GE Aerospace’s sustainability priorities 
and programs have oversight and 
responsibility at the Board, senior 
leadership, and functional levels.
The GE Aerospace Board
Keyword: governance
•	 The Governance & Public Affairs Committee 
(Governance Committee) has primary oversight 
of our priorities and external reporting related 
to sustainability and environmental, social, and 
governance (ESG) matters. This includes supporting 
the full Board’s oversight of strategy, risks, and 
opportunities related to climate change. The 
Governance Committee also oversees political 
spending and lobbying, human rights, and 
environmental, health, and safety (EHS).
•	 The Audit Committee also has a role to play in 
sustainability and ESG matters, to the extent these 
topics relate to financial reporting and regulatory 
requirements. This includes reporting on these 
matters in Securities and Exchange Commission 
(SEC) filings and data quality related to th
Keyword: governance
charter, which can be found on the Governance section 
of our website.
Management oversight 
of sustainability
Strong sustainability engagement from 
management and the sustainability group 
ensures effective oversight and alignment 
across our organization’s key functions.
Sustainability Senior Aerospace Leadership 
Team (SALT) Steering Committee
Our Sustainability SALT Steering Committee comprises 
senior leaders from key business areas, including 
sustainability, engineering, corporate affairs, supply chain, 
legal and compliance, commercial engines and services, 
and our transformation office. The committee develops 
the company’s sustainability strategy, focusing on our 
sustainability priorities, and is responsible for sustainability 
performance and integration across the compa
Keyword: governance
Governance
Enterprise risk management
GE Aerospace manages enterprise 
risk using a defined process, active 
leadership involvement, and robust 
governance practices.
Our enterprise risk management framework includes a 
multi-tiered holistic review, performed quarterly, that is 
intended to inform our annual long-term strategy planning. 
Through this process, our senior management defines, 
identifies, and prioritizes top enterprise risks.
Our enterprise risk management framework 
The foundational tier of our enterprise risk management 
framework is a Working Committee, comprising senior 
leader representatives from across the enterprise, co-
chaired by the Chief Compliance Officer and Chief Risk 
Officer. This committee assigns business risk owners
Keyword: governance
Compliance Officer. Our governance principles and 
committee charters define the risk areas for which each 
committee has ongoing oversight responsibility. The Board, 
as a whole, focuses on the most significant risks facing 
the company.
Key GE Aerospace business leaders also meet regularly 
with the Board and Audit Committee to review their 
strategies and operations. This may include a review of 
their top risks and remediation strategies. 
Enterprise risk management framework
Strategic risk
Operational risk
Financial risk
Legal and compliance risk
GE9X engine.
Safety
Operations
Technology
Introduction
People
2024 Sustainability Report
56
Governance
GE Aerospace is committed to 
maintaining a world-class compliance 
program with the goal of operating with 
compliance and
Keyword: governance
Governance
Risk Focal program
For the company’s top risks, it designates a Risk Focal who 
is responsible for actively managing the risk associated 
with the policy, in close partnership with relevant business 
leaders and the company’s central compliance team. This 
risk management responsibility includes understanding 
how the risk is manifesting itself within the company and 
ensuring that the risk is adequately controlled across the 
enterprise, including at our sites. 
The company’s central compliance team actively 
supports the Risk Focal program, including through the 
development and delivery of structured risk management 
training to Risk Focals designed to continuously improve 
their risk management capabilities. The central compliance 
tea
Keyword: governance
m also provides governance and oversight of the Risk 
Focals, regularly evaluating and advising on strength of risk 
controls, risk control improvement plans, and risk control 
monitoring and testing practices.
Compliance risk assessment
The company’s annual compliance risk assessment 
process provides a structured opportunity to evaluate 
and consistently improve our compliance program. 
This assessment is facilitated by the company’s central 
compliance team and includes inputs from across the 
organization, including from Risk Focals, key partners and 
stakeholders, and senior business leaders. Employees 
also provide compliance insights through the annual 
compliance and ethics survey.
The compliance risk assessment is a key tool that enables 
us to identify the
Keyword: governance
Governance
Data privacy and cybersecurity
GE Aerospace is committed to protecting 
the information we hold about our 
employees, customers, and suppliers, 
the proprietary data we have about our 
designs and products, and the technology 
resources we provide to our employees 
and contractors. The measures we 
take reflect our long-term commitment 
to protecting our employees, serving 
our customers, and preserving 
shareholder value.
In our defense-in-depth approach, multiple layers of 
security controls are placed throughout our systems, 
and a security-by-design approach builds security into 
our products. Both enable us to proactively respond to 
a dynamic cyber-threat landscape.
GE Aerospace’s cybersecurity framework
Ensuring the security of our
Keyword: governance
respond, and recover—is managed by defined governance, 
risk assessment, control implementation, and control 
effectiveness monitoring and metrics.
Our layered defense approach to security combines 
multiple mitigating security controls to protect our 
resources and information, and improve our cyber 
resiliency. Our central cybersecurity framework reaches our 
shared services operations and business units to optimize 
our protection based on industry-specific requirements.
We devote substantial resources to maintaining an 
information technology infrastructure that implements 
physical, administrative, and technical controls to protect 
information stored on our networks, including customer 
information, personal information, and proprietary 
information. Information that could result in a s
Keyword: governance
Governance
Protecting our digital ecosystem
The increasing degree of interconnectedness among 
companies and their affiliates, partners, suppliers, and 
customers underscores the need for companies to 
evaluate cybersecurity threats not only to their own internal 
networks, but also to the larger ecosystem in which they 
operate. We understand that protecting the confidentiality, 
integrity, and availability of information extends to business 
partners that are afforded access to such information. 
We contractually require our suppliers to secure and 
maintain their information technology systems and 
protect our information on their systems, and perform 
security assessments on certain suppliers based on a risk 
assessment and rating process. Higher
Keyword: governance
Cybersecurity governance and leadership
At GE Aerospace, our approach to cybersecurity 
reflects our spirit of continuous improvement. Although 
compliance is a legal requirement, we are committed to 
regulatory excellence in protecting our data.
Our Chief Information Security Officer (CISO) is responsible 
for developing and maintaining an information security 
program that enables business leaders to make risk 
decisions while protecting the business from security 
threats and risks. This program is designed to protect 
GE Aerospace’s products and information resources, 
and the information contained therein, including the 
employee, customer, and supplier information stored in our 
systems. The CISO analyzes cybersecurity and resiliency 
risks; considers indust
Keyword: governance
Governance
Political engagement and policy development
Engagement with governments and 
trade associations is an important part of 
shaping the regulations and legislation 
that govern our business and our industry.
Board oversight of public policy and lobbying
The Governance Committee, composed solely of 
independent directors, oversees the company’s political 
spending and lobbying activities, and external reporting 
on such activities. This includes political and campaign 
contributions, as well as any contributions to trade 
associations and similar organizations that may engage 
in political activity. The Governance Committee is 
responsible for:
•	 Policy oversight: Reviewing legislative, regulatory, 
and public policy matters that could be sig
Keyword: governance
Governance
Keyword: bribe
Anti-corruption and bribery 
GE has long taken a leading role in pushing for transparency 
and integrity in the global marketplace. Our stance against 
improper payments in business transactions is a key element 
of our compliance program and represents a core belief in 
how we do business. In short, GE prohibits bribery in all 
business dealings, in every country around the world, with 
both governments and private sector. This prohibition applies 
to GE employees, as well as external parties who work for or 
represent GE. 
We maintain strong controls aimed at preventing and detecting 
bribery. GE’s approach to compliance in this critical area is 
multifaceted. Among its key features are: 
• Corporate policies and procedures that reflect the 
company’s approach by p
Keyword: bribe
compliance program. The U.K. Bribery Act, the Clean Company 
Act in Brazil, the Sapin II Law in France, the 231 Decree in Italy 
and the U.S. Sentencing Guidelines similarly highlight the need 
for a strong program. As part of the compliance program at GE, 
operating with a strong anti-corruption program is a critical 
component in how we do business. 
Anti-Corruption Policy 
Privacy and Cybersecurity 
GE is committed to protecting information about our employees, customers, suppliers and company, as well as the 
technology resources GE provides to our employees and contractors. We have adopted a defense-in-depth approach, 
in which multiple layers of security controls are placed throughout our systems, and a security-by-design approach 
to build security into our products, b
Keyword: bribe
provides a strict prohibition on bribery and any form of improper 
payment in connection with any GE procurement, transaction or 
business dealing. Other topics addressed by the guide include supplier 
responsibilities regarding responsible mineral sourcing, trade controls, 
privacy and security. 
 105 
 |  GE 2022 SUSTAINABILITY REPORT 
GE 2022 SUSTAINABILITY REPORT  | 
 
GE explicitly prohibits suppliers from using child, prison, forced or 
indentured labor and subjecting workers to any form of compulsion, 
coercion or human trafficking. We further require that our first-tier 
suppliers cascade the requirements of the GE Integrity Guide to 
their sub-tier suppliers. Under this multifaceted ethical supply chain 
program, suppliers are prioritized for detailed pre-engagement and
Keyword: corruption
Anti-corruption and bribery 
GE has long taken a leading role in pushing for transparency 
and integrity in the global marketplace. Our stance against 
improper payments in business transactions is a key element 
of our compliance program and represents a core belief in 
how we do business. In short, GE prohibits bribery in all 
business dealings, in every country around the world, with 
both governments and private sector. This prohibition applies 
to GE employees, as well as external parties who work for or 
represent GE. 
We maintain strong controls aimed at preventing and detecting 
bribery. GE’s approach to compliance in this critical area is 
multifaceted. Among its key features are: 
• Corporate policies and procedures that reflect the 
company’s a
Keyword: corruption
practices and anti-corruption can be found in the GE Integrity 
Guide for Suppliers, Contractors and Consultants. 
THE IMPORTANCE OF STRONG  
ANTI-CORRUPTION COMPLIANCE 
Greater attention is being paid to the effectiveness of corporate 
compliance programs in preventing improper payments. The 
Justice Department and the U.S. Securities and Exchange 
Commission (SEC) have issued a resource guide on the U.S. 
Foreign Corrupt Practices Act (FCPA) that endorses a strong 
compliance program. The U.K. Bribery Act, the Clean Company 
Act in Brazil, the Sapin II Law in France, the 231 Decree in Italy 
and the U.S. Sentencing Guidelines similarly highlight the need 
for a strong program. As part of the compliance program at GE, 
operating with a strong anti-corruption program i
Keyword: corruption
Anti-Corruption Policy 
Privacy and Cybersecurity 
GE is committed to protecting information about our employees, customers, suppliers and company, as well as the 
technology resources GE provides to our employees and contractors. We have adopted a defense-in-depth approach, 
in which multiple layers of security controls are placed throughout our systems, and a security-by-design approach 
to build security into our products, both of which enable GE to proactively protect against and respond to a dynamic 
cyber threat landscape. As such, GE has implemented detailed cybersecurity and information protection policies. 
GE’s Cybersecurity Framework 
At GE, ensuring the security of our information, systems, products, 
and network is, and always will be, a top
Keyword: corruption
around human rights, labor, environment and anti-corruption. Over 
the years, GE partnered with the UNGC on initiatives such as the 
Human Rights Dilemmas for Multinational Corporations in Emerging 
Markets and participated in its Young Sustainable Development Goals 
Innovators Program.
Our Human Rights program depends on the practical understanding of 
our people and business partners. Taking a multifaceted approach helps 
to address the human rights challenges GE faces in the various markets 
we serve and operate in. We provide employees with learning modules 
on human rights and forced labor; company-wide policies and programs; 
the causes and global footprint of forced labor; and, most important, 
how they can serve a role in identifying and reporting possible signs of 
human rights issues when
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(IIJA) provides policy support and tax credits designed to accelerate 
the energy transition and energy security.
SCOTT STRAZIK
CEO, GE Vernova
 
As we work to decarbonize the energy sector with urgency, 2022 
elevated the importance of energy security with unexpected and 
painful clarity. From extreme weather events globally, the Russian 
invasion of Ukraine and global economic retrenchment, energy 
security has emerged to join aspects of the energy trilemma as the 
most critical elements for successful energy ecosystems. 
At GE Vernova, we see the goals of decarbonization and 
electrification as mutually inclusive. Any progress in advancing the 
energy transition and combatting climate change must also advance 
energy security at the same time.
These policy and secular indust
Keyword: tax
electricity from wind power to the U.S. grid, measured through earned production tax credits7, which now 
powers the equivalent of 735,000 homes per year.8 
EFS is a leading tax equity investor in U.S. wind power with a portfolio today of over $1 billion, including 2022 
investments that are estimated to generate over 5.7 million MWh8 of carbon free electricity. It is through activity like this that the wind 
industry collectively grows, expands and evolves. Each carbon free MWh generated by our investments helps create a cleaner electrical 
grid to be used by and for the benefit of all people. EFS has been and continues to be focused on this shared customer goal through its 
investment activity supporting the development, construction and operation of wind power generation projects. 
The passage of the Inflation Reduction
Keyword: tax
Act is expected to result in an imbalance in supply and demand for tax equity, which we view as a 
barrier to growing the renewable energy industry and accelerating decarbonization efforts. EFS is working to bridge the financing gap for 
customers through direct investments, strategic partnerships and relationships that enable the financing and successful commercialization 
of renewable energy projects. 
Since inception,
 EFS has invested over 
$19 
billion 
in renewables globally. 
GE ENERGY CONSULTING 
GE’s power systems experts work with our customers to help solve some of the world’s toughest technical and economic problems, enabling 
technology integration and shaping the energy transition. With our cross-company resources, GE Energy Consulting is able to serve a 
diverse global client base with a strong
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7 Certain renewables projects qualify for federal income tax credits that are calculated based on electricity production measured in kWh; as evidenced by our 
tax filings, EFS has earned production tax credits for its investments over the years for 125 million MWh. 
8 Based on average U.S. home usage of 10,632 kWh per year (Source: US Energy Information Administration).
24  |  GE 2022 SUSTAINABILITY REPORT 
GE 2022 SUSTAINABILITY REPORT  |  25  
 
Innovating Breakthrough Technologies 
GE Vernova has one of the most important roles to play in delivering the technology the world needs to make progress today to reduce greenhouse 
gas emissions while simultaneously innovating breakthrough technologies to succeed in the energy transition. The achievement of deep 
decarbonization goals over the coming dec
Keyword: tax
tax-exempt and similar organizations that may engage in political activity. 
The Governance Committee is responsible for the following: 
• Policy oversight. A yearly review of GE’s political spending policies and 
lobbying practices. 
• Budget oversight. Approval of GE’s annual budget for political activities. 
• Reporting. Reviewing semi-annual updates on political spending, both 
through company expenditures and through the employee-managed 
political action committee (GEPAC). 
GE currently discloses the names of all trade associations receiving more 
than $50,000 from the company, including the portion of the company’s 
payment used for lobbying or political expenditures, as well as any 
contributions to 501(c)(4)s, beginning with contribut
Keyword: tax
energy tax credits to ensure success in decarbonization efforts and 
continued U.S. leadership in energy manufacturing and jobs—both 
today and in the future. Ultimately, the United States passed the 
Inflation Reduction Act—the nation’s first comprehensive climate 
change law—aligned with GE’s advocacy. Learn more 
Our heightened engagement is continuing throughout 2023 to help 
formulate and support policies that advance a just transition and 
sustainability goals globally. We will continue to offer constructive 
input to the leaders charged with translating ambitious climate targets 
into laws, regulations and policies. As part of these efforts, we’re 
highlighting the ways the energy transition is making a difference in local 
communities. This i
Keyword: tax
clean energy tax credits to ensure success in decarbonization efforts and continued U.S. leadership in 
energy manufacturing and jobs—both today and in the future. 
Throughout the summer of 2022, GE launched a grassroots public advocacy campaign, which delivered 
nearly 1,300 letters to members of Congress representing 34 states. The campaign urged Congress and 
the Biden administration to pass a comprehensive package of clean energy tax credits, including wind 
production tax credit (PTC) and 45Q tax credit for carbon sequestration, as well as tax credits to support 
diverse generation sources, such as wind, solar and nuclear. 
During a four-month digital advertising campaign, GE also shared information with key stakeholders 
strongly supporting these iss
Keyword: tax
tax incentives. The reasons were grounded in broadly applicable 
tax policies that affected many of its members. GE discussed 
the importance of the clean energy tax incentives with BRT and 
confirmed BRT staff understand these tax incentives will help keep 
the U.S. a leader in clean energy technology and innovation toward 
decarbonization goals. Since the enactment of the IRA, BRT has 
supported policies to enable the success of the IRA tax credits 
through being a constructive voice on permitting reform. 
The Canadian Chamber of Commerce represents over 200,000 businesses with a mission to drive change, 
partner broadly, and be the undisputed champion and catalyst for the future of business success in Canada. 
CLIMATE CHANGE POSITION 
The C
Keyword: tax
were unrelated to the clean energy tax incentives. The reasons were 
grounded in broadly applicable tax policies that affected many of 
their members. GE discussed the importance of the clean energy tax 
incentives with NAM and confirmed their leadership understands 
these tax incentives will help keep the U.S. a leader in clean energy 
technology and innovation toward decarbonization goals. Since the 
enactment of the IRA, the NAM has supported policies to enable the 
success of the IRA tax credits through being a constructive voice on 
permitting reform. 
The U.S. Chamber of Commerce (Chamber) is the world’s largest business organization representing all sizes of 
businesses to advocate, partner and network on a range of topics. The Chamber advocates for policies that help 
b
Keyword: tax
that were unrelated to the clean energy tax incentives. The reasons 
for this opposition were grounded in broadly applicable tax policies 
that affected many of their members. GE discussed the importance 
of the clean energy tax incentives with the Chamber and confirmed 
their leadership understands these tax incentives will help keep 
the U.S. a leader in clean energy technology and innovation toward 
decarbonization goals. Since the enactment of the IRA, the Chamber 
has supported policies to enable the success of the IRA tax credits 
through being a constructive voice on permitting reform.
94  |  GE 2022 SUSTAINABILITY REPORT 
GE 2022 SUSTAINABILITY REPORT  |  95  
In addition to the trade associations discussed above, the following trade associations and other relevant organizat
Keyword: tax
The Louisiana Oil & Gas Association opposed the Inflation Reduction Act (IRA) for reasons that were unrelated to the clean energy tax incentives. The 
reasons for this opposition were grounded in broadly applicable tax policies that affected many of their members. GE discussed the importance of the clean 
energy tax incentives with the organization and confirmed their leadership understands these tax incentives will help keep the U.S. a leader in clean energy 
technology and innovation toward decarbonization goals. 
As with climate policy generally, we recognize there is room for a reasonable divergence of views on specific elements and approaches of various 
proposals that may warrant constructive comment and engagement to find the appropriate balance between disclosure, transparency, regulatory 
burdens and material information. 
Product Stewardship 
Product stewardshi
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more than $250 million in investments and tax credits, the 
owner has transformed 10 buildings on the campus’ west side 
to support innovative uses including the Union Street Market 
Food Hall and the new corporate headquarters for Do It Best 
Corp. The transformation will continue across other portions 
of the Electric Works campus. 
OUR GLOBAL IMPACT 
YOGYAKARTA, INDONESIA 
As part of GE’s former Lighting manufacturing business, we leased 
a site near Yogyakarta, Indonesia, from the Sambirejo Village 
administration for solid waste storage (i.e., broken glass from lamp 
manufacturing). Following GE’s exit from the site, the Village of 
Sambirejo initiated preparation activities at the site to facilitate 
redevelopment as a soccer pitch. As part of the redevelopment 
effort, the Mini
Keyword: governance
social and governance priorities. We know the actions we are 
taking today within GE Vernova and GE Aerospace support 
our climate and sustainability goals over the near and long 
term. In this report, you’ll find more detailed discussions 
on those actions, including letters from Scott Strazik and 
myself addressing sustainability within GE Vernova and GE 
Aerospace, respectively. 
It all starts with our unique ability to innovate new technology 
the world needs to address the most pressing sustainability 
challenges. At GE Vernova, our technology helps generate 
approximately 30% of the world’s electricity and we have a 
meaningful role to help solve the trilemma of delivering more 
sustainable, reliable and affordable energy. We’re working 
with customers li
Keyword: governance
Governance program.
The decent work of today begins with 
training for the jobs of tomorrow. We 
believe STEM careers, especially in 
energy and transportation, are helping 
to solve global challenges like climate 
change while also lifting up communities 
through economic opportunities. That is 
why GE continues to support educational 
advancements, mentoring and community 
assistance for students and communities 
at home and abroad.
One key example of this support is 
the Advanced Manufacturing Training 
Expansion Program (AMTEP). Launched in 
2019 with funding through 2025, the goal 
of AMTEP is to triple the training footprint 
by reaching more than 900 high school 
students and adult learners and building a 
more diverse, sustainable, ready-to-w
Keyword: governance
our suite of governance documents to 
our Supplier Due Diligence program. Our 
human rights and respectful workplace 
policies extend from our own employees 
to those of our suppliers and to the 
communities affected by our operations 
and business relationships. We treat 
everyone affected by our business and 
value chain—including employees, 
suppliers and their workers, customers and 
communities—with fairness and dignity.
We believe access to more sustainable, 
reliable and affordable energy helps to 
strengthen infrastructure and promotes 
stable prosperous societies. For example, 
half of India’s new wind energy generation 
capacity in 2022 was powered by GE’s 
locally developed and manufactured 2.7-
132 wind turbine that is ideal for India’s 
low wind spee
Keyword: governance
This report covers the environmental, social and governance 
(ESG) activities of GE, primarily for 2022. In certain places, it 
also describes how we are propelling GE into a new era as 
we progress our plans to launch GE Vernova, our portfolio of 
energy businesses, and GE Aerospace as industry-leading, 
global, investment-grade public companies. This report allows 
us an opportunity to deepen existing conversations with our 
stakeholders about our sustainability programs.
In addition to the UN SDGs, we have considered three key 
sustainability reporting frameworks as we developed this 
report: (1) the Task Force on Climate-related Financial 
Disclosures (TCFD) framework, (2) industry-specific standards 
from the Sustainability Accounting Standards Board (SASB) 
and (3) the Global Reporting Initia
Keyword: governance
sustainability strategy, and the Governance & Public Affairs 
Committee in coordination with the Audit Committee oversees 
external reporting on sustainability matters, including this 
report. While the contents within this report have not been 
externally assured, both internal and independent external 
resources have reviewed the information and data within for 
quality, completeness and accuracy.
On January 3, 2023, GE completed the previously announced 
separation of its healthcare business into a separate, 
independent publicly traded company, GE HealthCare 
Technologies, Inc. (GE HealthCare). This report covers GE 
Vernova and GE Aerospace only, except where otherwise 
noted. GE HealthCare will be releasing its own 2022 
sustainability report.
GE 2022 SUSTAINABILITY REPORT  |
Keyword: governance
Beginning with the 2020 metric year, our supply chain metrics reflect changes and improvements in GE’s Supplier Responsibility Governance (SRG) program.
11 
The number of Total Global Audits is greater than total suppliers reviewed as some suppliers were audited twice (i.e., desktop audit due to COVID-19 restrictions 
followed by on-site visits) or there were return visits to confirm corrective actions were completed. For more information on GE’s Supplier Responsibility Governance 
(SRG) program, see pages 105-106.
12 
New metric reported in 2020 from Supplier Responsibility Governance program and audits.
13 
Findings identified vary from policy improvements to process changes. GE tracks all issues to closure with verification such issues were properly addressed. GE will 
suspend or terminate a relationship should the supplier fail to implement adequate measures as required
Keyword: governance
Other includes findings not allocated to a category or relate to quality findings identified during Supplier Responsibility Governance audit.
15 
Number of injury and illness cases globally per risk population year to date, based on 100 employees working 200,000 hours annually, as measured against OSHA 
recordability criteria. 
16 
Days Away from Work Incident Rate uses the OSHA calculation for recordable days away from work cases (transfer or restricted cases are excluded), based on 
100 employees working 200,000 hours annually.
17 
GE employees, leased workers, wholly owned affiliate employees and majority-owned, joint-venture employees.
18 
Workers under GE EHS coordination which may include GE-hired contract workers, consortium partner workers and sub-contractors.
19 
Increase from 2021 to 2022 due to minor, unrelated incidents across global operations.
20 
Per the WR