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 50 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
GE Vernova Inc's reported carbon emissions
In 2023, GE Vernova Inc reported total carbon emissions of approximately 367,595,000 kg CO2e for Scope 1, 239,588,000 kg CO2e for Scope 2 (with a market-based total of 302,002,000 kg CO2e), and 414,000,000,000 kg CO2e for Scope 3 emissions. This reflects a significant Scope 1 reduction from 2022, where emissions were about 512,753,000 kg CO2e, and a slight decrease in Scope 2 emissions from 299,566,000 kg CO2e. The company's total emissions for Scope 1 and 2 combined were approximately 541,560,000 kg CO2e on a market-based approach in 2023, compared to 812,319,000 kg CO2e in 2022. Scope 3 emissions, which include the use of sold products, remain a substantial part of their carbon footprint, with figures reaching about 414,000,000,000 kg CO2e in 2023. Despite these figures, GE Vernova has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on sustainability and reducing its carbon intensity, aligning with industry standards for climate action.
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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 not committed to any reduction initiatives 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.
