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 78 is higher than 89% 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., headquartered in the US, reported total carbon emissions of approximately 226,811,000 kg CO2e for Scope 1 and 201,402,000 kg CO2e for Scope 2 (market-based). The company also disclosed significant Scope 3 emissions, with the use of sold products contributing a staggering 796,000,000,000 kg CO2e. This data reflects a commitment to transparency in emissions reporting, with all three scopes disclosed. Comparatively, in 2023, GE Vernova's emissions were approximately 246,812,000 kg CO2e for Scope 1 and 297,705,000 kg CO2e for Scope 2 (market-based), alongside Scope 3 emissions of about 1,118,000,000,000 kg CO2e. Notably, from 2019 to 2024, the company achieved a remarkable 51% reduction in Scope 1 and 2 emissions (market-based), demonstrating a strong commitment to climate action. GE Vernova has set ambitious targets, aiming for carbon neutrality in its operations (Scopes 1 and 2) by 2030. This commitment is part of a broader Net Zero ambition, which includes innovating towards a 2050 net zero goal for Scope 3 emissions related to the use of sold products. The reduction initiatives are cascaded from its parent company, General Electric Company, which also influences its sustainability strategies. Overall, GE Vernova's proactive approach to reducing carbon emissions and its clear targets position it as a leader in the transition towards a more sustainable future.
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| 2019 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 367,595,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 512,753,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,063,000,000,000 | 0,000,000,000,000 | 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.
