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.
+15 vs industry average
GE Vernova Inc’s score of 41 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Machinery and Equipment has above-average carbon intensity
Industry performance
The Machinery and Equipment industry has reduced its overall emissions by 12% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
GE Vernova Inc's reported carbon emissions
In 2024, GE Vernova Inc., headquartered in the US, reported total carbon emissions of approximately 1.1 billion kg CO2e. This figure includes 226,811,000 kg CO2e from Scope 1 emissions, 201,402,000 kg CO2e from Scope 2 (market-based), and a significant 796,283,423,000 kg CO2e from Scope 3 emissions related to the use of sold products. The company has made notable strides in reducing its carbon footprint, achieving a 51% reduction in Scope 1 and 2 emissions (market-based) from 2019 to 2024. This commitment aligns with their goal to become carbon neutral in operations (Scopes 1 and 2) by 2030. Additionally, GE Vernova aims for a net zero ambition for Scope 3 emissions by 2050, focusing on innovative strategies for the use of sold products. The emissions data for GE Vernova is cascaded from its parent company, General Electric Company, reflecting a corporate commitment to sustainability across its subsidiaries.
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GE Vernova Inc’s Climate Goals (2030 & 2050)
5 goals2024
51% reduction in Scope 2
51% reduction in GE Vernova’s Scope 1 and 2 (market-based) emissions between 2019 and 2024.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from General Electric Company
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Inherited from General Electric Company
Climate Action 100
Emissions comparison with industry peers
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GE Vernova Inc
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