Ge Renewable Holding BV Sustainability Profile
GE Renewable Holding BV, a subsidiary of General Electric, is a leading player in the renewable energy sector, headquartered in the Netherlands. Established to drive innovation in sustainable energy solutions, the company focuses on wind, hydro, and solar power, catering to a global market with significant operations across Europe, North America, and Asia. Since its inception, GE Renewable has achieved notable milestones, including advancements in turbine technology and the development of integrated energy solutions. The company’s core offerings, such as advanced wind turbines and grid solutions, are distinguished by their efficiency and reliability, positioning GE Renewable as a trusted partner in the transition to cleaner energy. With a strong market presence and a commitment to sustainability, GE Renewable Holding BV continues to lead the charge in renewable energy, contributing to a greener future while maintaining a competitive edge in the industry.
DitchCarbon Score
How does Ge Renewable Holding BV'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 Real Estate Services 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 Renewable Holding BV's score of 56 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest reporting, Ge Renewable Holding BV does not have specific carbon emissions data available, indicating a lack of disclosed emissions figures for the most recent year. The company is a current subsidiary of General Electric Company, which cascades its climate commitments and targets down through its corporate family structure. Ge Renewable Holding BV inherits its climate initiatives from General Electric Company, which has set various reduction targets under the Science Based Targets initiative (SBTi), as well as commitments reported to the Carbon Disclosure Project (CDP) and participation in the RE100 initiative. These initiatives aim to drive significant reductions in greenhouse gas emissions across their operations. While specific reduction targets for Ge Renewable Holding BV are not detailed, the overarching commitments from General Electric Company suggest a strong focus on sustainability and climate action. The company is part of a broader industry movement towards decarbonisation, aligning with global efforts to mitigate climate change impacts. In summary, while Ge Renewable Holding BV currently lacks specific emissions data, it is supported by the climate commitments and reduction strategies of its parent company, General Electric Company, reflecting a commitment to addressing climate change within the renewable energy sector.
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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 |
How Carbon Intensive is Ge Renewable Holding BV's Industry?
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Ge Renewable Holding BV's Scope 3 Categories Breakdown
Ge Renewable Holding BV's Scope 3 emissions, which decreased by 29% last year and decreased by approximately 61% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
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Ge Renewable Holding BV's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ge Renewable Holding BV has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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