GE Vernova Inc
GE Vernova Inc., headquartered in the United States, is a prominent player in the energy sector, focusing on sustainable solutions and innovative technologies. Founded as part of General Electric's commitment to advancing clean energy, GE Vernova has rapidly established itself in key operational regions across North America and Europe. Specialising in renewable energy, digital solutions, and grid management, the company offers a unique portfolio of products and services designed to enhance efficiency and reduce carbon footprints. Notable achievements include significant advancements in wind and solar technologies, positioning GE Vernova as a leader in the transition to a more sustainable energy landscape. With a strong emphasis on innovation and sustainability, GE Vernova Inc. is dedicated to shaping the future of energy.
DitchCarbon Score
How does GE Vernova Inc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
GE Vernova Inc's score of 83 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GE Vernova Inc's reported carbon emissions
In 2024, GE Vernova Inc reported total carbon emissions of approximately 2,268,110 tonnes CO2e for Scope 1 and 2, with Scope 1 emissions at about 226,811,000 kg CO2e and market-based Scope 2 emissions at approximately 201,402,000 kg CO2e. The company also disclosed significant Scope 3 emissions, primarily from the use of sold products, amounting to about 1,089,000,000,000 kg CO2e. Comparatively, in 2023, GE Vernova's Scope 1 emissions were approximately 246,812,000 kg CO2e, and market-based Scope 2 emissions were around 297,705,000 kg CO2e, indicating a reduction in Scope 1 emissions over the year. The company achieved a notable 39% reduction in Scope 1 and 2 emissions (market-based) from 2019 to 2023, and this target has been updated to a 51% reduction by 2024. Looking ahead, GE Vernova has committed to achieving carbon neutrality in its operations (Scopes 1 and 2) by 2030. Additionally, the company aims for a net zero ambition for Scope 3 emissions related to the use of sold products by 2050. These commitments reflect GE Vernova's proactive approach to addressing climate change and reducing its carbon footprint in the energy sector.
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| 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 299,566,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 299,566,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 337,000,000,000 | 000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
GE Vernova Inc is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
