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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.
The Motley Fool Corporate Responsibility Spotlight: General Electric
General Electric (NYSE: GE) is one of the world's largest and most respected companies. From appliances to energy, aviation to finance, this appropriately named conglomerate is one whose reach you might have trouble escaping. The deep-rooted company is the only member of the Dow Jones Industrial Average index that remains from the original 12 in 1896, and it's practically become a symbol for American ingenuity. While many think of it as a diverse manufacturer of all sorts of products, it has constantly adapted to an evolving marketplace, and it now derives more than half of its revenue from its financial services arm.
GE has acquired its fair share of corporate accolades recently, ranking sixth on Interbrand's list of Best Global Brands and 24th on the list of Best Global Green Brands, as well as making Ethisphere's 2011 list of the world's most ethical companies. But does the company's storied history qualify it to be a socially responsible company? And how does a socially responsible investor reconcile the company's extensive history of pollution, weapons manufacture, and controversial nuclear power with a growing commitment to alternative energy?