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ABOUT General Electric (GE)
GE (NYSE: GE) is an advanced technology, services and finance company taking on the worlds toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the companys Web site at www.ge.com.
Citizenship at GEis more than a program or a set of good intentions - it is a full-time commitment built upon cultural behaviors and actions. These actions are integrated with business strategy and have defined goals, strategies and metrics that make it actionable and accountable.
At the heart of GEs approach is a simple framework: make money, make it ethically and make a difference. GE is rigorous and deliberate about how it can help solve some of the worlds toughest problems. This approach is recalibrated often to address changing circumstances and challenges -- but the companys values consistently ground its views on whats important. For more information, visit the companys Citizenship Web site at www.gecitizenship.com.
GE Sustainability Rated Highly by Tomorrows Value Research
While most large companies fall short of sustainability leadership, 10 including Ford, GE and Panasonic present best practices for other businesses to emulate, according to sustainability advisor Two Tomorrows.
Less than a third of the largest companies scored over 70 percent, the threshold for “sustainability leadership” in the 2012 Tomorrow’s Value Research (TVR), the firm’s annual assessment of corporate sustainability practices.
Other best practices come from Citibank, HSBC, Hyundai Engineering, Repsol, Stockland, Swiss RE and Westpac Bank.
TVR says Ford and Panasonic set targets for categories including climate change and environment, water and supply chain. The goals are measurable — such as Ford measuring facility carbon emissions or number of seats containing soy foam — and have timelines.
GE’s Ecomagination program measurably improves the company’s environmental performance, TVR says. In 2010, the company introduced 22 new Ecomagination products.