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 100% 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 226,811,000 kg CO2e for Scope 1 and about 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 approximately 1,089,000,000,000 kg CO2e. This reflects a total of about 587,188,000 kg CO2e for Scope 1 and 2 combined (location-based). Comparatively, in 2023, GE Vernova's emissions were approximately 246,812,000 kg CO2e for Scope 1 and about 297,705,000 kg CO2e for Scope 2 (market-based), with Scope 3 emissions from sold products reaching around 1,532,000,000,000 kg CO2e. The total for Scope 1 and 2 combined was about 623,349,000 kg CO2e. GE Vernova has made substantial commitments to reduce its carbon footprint. The company achieved a 39% reduction in Scope 1 and 2 emissions (market-based) from 2019 to 2023. More recently, they reported a 51% reduction in these emissions between 2019 and 2024. Looking ahead, GE Vernova aims to achieve carbon neutrality in its operations (Scopes 1 and 2) by 2030 and is innovating towards a net zero ambition for Scope 3 emissions by 2050.
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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.
