Promote business opportunities for diverse suppliers with GE Vernova – providing competitively priced, high quality products and services – while enhancing economic opportunity in the communities in which we do business.
- SUPPLIER DIVERSITY & INCLUSION
- SUPPLIER DIVERSITY COMMITMENT
- SUPPLIER DIVERSITY PROGRAM
GE Vernova requires its suppliers to comply with the standards of conduct in the GE Vernova integrity guide for suppliers, contractors and consultants & ensure their employees & suppliers comply. The following requirements in the Guide are fundamental to creating a culture of diversity & inclusion where all people are valued:
- Fair Employment Practices, including prohibiting discrimination, harassment and retaliation in business operations;
- Human Rights, including respecting the human rights employees and others in business operations & activities.
- GE Vernova will only do business with Suppliers who comply with the Guide’s requirements and who do not engage in any form of discrimination.
- The GE Vernova Integrity Guide for Suppliers, Contractors and Consultants can be found at: GE Vernova Integrity Guide for Suppliers
Since 1974, one aspect of General Electric’s overall sourcing strategy has been a true commitment to supplier diversity. Our objective is always to find the most qualified suppliers who can meet our price, quality (Lean Six Sigma), compliance & delivery requirements.
GE Vernova constantly strives to build on our program by identifying small businesses including:
- Small Business
- Small Disadvantaged Business
- Woman-Owned Small Business
- Qualified HUB Zone Small Business
- Veteran-Owned Small Business
- Service-Disabled Veteran-Owned Small Business
- Lesbian Gay Bisexual Transgender
- Minority-Owned Business
- Alaskan Native Corporations and Indian Tribes
- Historically Black Colleges and Universities and Minority Institutions
GE Vernova uses the U.S. federal government’s definitions for small business suppliers as stated in the Federal Acquisition Regulation Part 19 as well as Broad-based black economic empowerment (BBBEE) in South Africa and Micro, Small and Medium Enterprise (MSME) in India
GE Vernova’s Supplier Diversity Program includes:
- Fair and equal competition for procurement opportunities.
- Development of diverse capabilities in the supply chain and promotion of second tier diverse spend.
- GE Vernova cross business Diverse Supplier Best Practices Sharing in Dec 2019.
- Support of Chamber of Commerce and Customer Partnering opportunities to expand our Diverse supplier base and promote procurement opportunities
- Monthly Cross functional Gas Power Supplier Diversity Council.
- Annual Supplier Diversity data enrichment
- Digital dashboard for customer reporting & driving program improvements
- Formal Diverse Supplier Program Standard Work & Diverse Supplier Subcontracting Program Plan
- NMSDC and WBENC corporate membership
The GE-Hitachi Supplier Diversity and Inclusion statement can be found here.
