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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.
Sustainability: A Technological Challenge
In 2012, as part of our stakeholder engagement, GE focused on the role of technology in addressing sustainability challenges. We brought together our Citizenship Advisory Panel with technology leaders from GE’s Global Research centers for a convening with public policy, research and civil society experts. The Panel also spent time with our Chairman and CEO, Jeffrey Immelt, to discuss these issues.
Success in solving today’s tough problems is not guaranteed. As a global community, we are in a race against time, as our former ways of managing ecosystems and social and economic systems no longer suffice. We see sustainability as a technological challenge with three key dimensions. First, we need to apply technological ingenuity to the world’s toughest problems, not just to the easiest, most interesting or most immediately profitable ones. Second, the solutions we develop must not carry unacceptable financial, environmental and social costs. Finally, the benefits of such solutions need to be broadly accessible.
We need to apply the world’s smartest minds to its toughest challenges. At GE, there are 36,000 technologists and researchers, including nearly 3,000 scientists and engineers at our Global Research centers in New York, Bangalore, Shanghai, Munich and Rio de Janeiro. Their work, spanning 10 global labs, responds to both the immediate and long-term needs identified by GE businesses, and it also seeks to demonstrate possibilities that the businesses have not even thought about yet. Beyond these labs, we’ve established a global network of Local Growth Teams; collaborations with customers and joint venture partners; partnerships with national labs, universities and startups; and relationships with environmental and civil society organizations. Our ecomagination and healthymagination innovation challenges have expanded this network even further, opening the door to new ideas and new collaborations.