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 59 is higher than 99% 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 2023, GE Vernova Inc reported significant carbon emissions, totalling approximately 367,595,000 kg CO2e for Scope 1 and about 239,588,000 kg CO2e for Scope 2 emissions. The combined market-based emissions for Scope 1 and 2 reached around 541,560,000 kg CO2e. Notably, Scope 3 emissions were substantial, amounting to approximately 414,000,000,000 kg CO2e, with the use of sold products contributing about 1,118,000,000,000 kg CO2e. Comparatively, in 2022, the company recorded Scope 1 emissions of about 512,753,000 kg CO2e and Scope 2 emissions of approximately 299,566,000 kg CO2e. The Scope 3 emissions for that year were around 318,000,000,000 kg CO2e. GE Vernova has set ambitious climate commitments, aiming for a 39% reduction in Scope 1 and 2 emissions (market-based) from 2019 to 2023. Furthermore, the company has pledged to achieve carbon neutrality in its operations (Scopes 1 and 2) by 2030. Looking ahead, GE Vernova is also innovating towards a net zero ambition for Scope 3 emissions related to the use of sold products by 2050. These initiatives reflect the company's commitment to addressing climate change and reducing its carbon footprint in the energy sector.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 299,566,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 299,566,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 337,000,000,000 | 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.
