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GE Vernova and The Inspirational Learning Group celebrate Next Engineers Academy graduation

5 min read
  • 27 students graduate from programme designed to inspire the next generation of engineers

STAFFORD, UK (July 3, 2025) – Last week, GE Vernova and The Inspirational Learning Group celebrated the graduation of 27 students from Next Engineers, a three-year global career readiness programme creating opportunities for young people to become engineers. This is the second graduating class of Next Engineers: Engineering Academy students in Staffordshire, UK.

The 27 students from across Staffordshire celebrated their graduation alongside family, friends, GE Vernova, and The Inspirational Learning Group at Uttoxeter Racecourse. The Inspirational Learning Group is the educational partner for the local Next Engineers programme, which was established in 2021.

“We are thrilled to celebrate the achievements of our second cohort,” said Vera Silva, Chief Technology & Strategy Officer of GE Vernova’s Electrification Systems businesses. “The Next Engineers programme continues to equip young people with not only the technical skills needed to become an engineer but also transferable skills such as time management, communication and adaptability. We recognise that there are many pathways to become an engineer in the UK, which is why we are pleased to be the only Next Engineers location to offer scholarships for apprenticeships as well as university degrees.”

Students who complete the Engineering Academy programme and enrol in a qualified engineering/engineering-related degree programme or apprenticeship receive scholarships to support their education toward becoming engineers. To date, the Next Engineers programme in Staffordshire has reached nearly 8,800 students and awarded £147,500 ($199,000) in scholarships to qualifying graduates.

"We’re incredibly proud to partner with a global organisation like GE Vernova to deliver meaningful opportunities for young people here in Staffordshire,” said Ben Dyer, Co-Founder of The Inspirational Learning Group. “Together, we’re not just promoting careers in STEM, we’re opening doors, building confidence, and helping students gain skills that will prepare them for a successful future. We’re proud of what this programme has achieved and we're excited to keep supporting the next generation of engineers."

The Next Engineers: Engineering Academy is a transformative learning experience designed for students aged 15 to 18. Through a rigorous curriculum, immersive design challenges, and career coaching, students learn to think and act like engineers. Engineers and employees from GE Vernova’s three facilities in Staffordshire, actively engage with the programme through skill-based volunteering, donating over 7,200 hours since the start of the programme.

For more information about Next Engineers and the Engineering Academy, visit NextEngineers.org.

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About Next Engineers
Next Engineers, a programme originally funded by the GE Foundation in 2021, now known as the GE Aerospace Foundation, is a career readiness programme dedicated to inspiring and preparing the next generation of engineers. Through innovative programmes, mentorship, and community partnerships, we empower young minds to shape a better future through engineering.

About The Inspirational Learning Group
The Inspirational Learning Group develop and deliver innovative career solutions for students, education institutes and employers across the U.K. and beyond. We are proud to have engaged and positively influenced over 600,000 students through our flagship programme, The National Careers Challenge, our real-life business challenge that enables young people to develop crucial key employability skills, vital for the ever-changing world of work. Our portfolio also includes additional programmes such as our Stocks & Shares Challenge, My Perfect University, Team Building challenges and summer school provision. As the partner of choice for outreach activity of several large, high-profile organisations such as NatWest and GE Vernova, TILG are being increasingly relied on to create truly bespoke education and outreach initiatives to support development, social mobility and inclusion. We are changing the way that young people are educated about their future world of work, engaging, inspiring, and motivating them to succeed.

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About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

© 2025 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Sustainability

A Dollar Saved: GE Vernova Looks to Drive Emissions Lower Across Worldwide Manufacturing Base

Gregor Macdonald
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A charming aphorism like “A dollar saved is a dollar earned” probably sounds old-fashioned to the modern ear. In the world of manufacturing, however, where gains from efficiency can be substantial, the observation stands as an enduring truth. Today’s great industrial game, while still concentrating on financial savings, is very much directed to emissions savings, and all the ways to reduce energy inputs. How to approach that, exactly?

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Investor Relations

GE Vernova declares third quarter 2025 dividend

3 min read

CAMBRIDGE, Mass. June 23, 2025 – GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend. The quarterly dividend will be payable on August 18, 2025, to shareholders of record as of July 21, 2025.

Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova’s earnings, financial condition, cash requirements, prospects, and other factors.

Additional Information
GE Vernova’s website at www.gevernova.com/investors contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit this website from time to time, as information is updated, and new information is posted. Investors are also encouraged to visit GE Vernova’s LinkedIn and other social media accounts, which are platforms on which the Company posts information from time to time.

Additional Financial Information
Additional financial information can be found on the Company’s website at: www.gevernova.com/investors under Reports and Filings.

Forward Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain, such as statements about possible future dividend declarations and payments. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our most recent Annual Report on Form 10-K and in our subsequently filed Quarterly Reports on Form 10-Q, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operation" sections included therein, as may be updated from time to time in our filings with the U.S. Securities and Exchange Commission and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

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About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

© 2025 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Investor Relations

GE Vernova Releases 2024 Sustainability Report

Investor Relations
Sustainability_Report Newsletter

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Earlier this week, GE Vernova released its 2024 Sustainability Report. We encourage you to review the materials on GE Vernova’s dedicated Sustainability website.

Key highlights from our 2024 Sustainability Report:

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Sustainability

GE Vernova releases 2024 Sustainability Report

8 min read
  • Announced new power generating capacity goal of 150 gigawatts (GW) by 2030, as well as goal to add 30% of it in developing or emerging economies.

  • Added new goal to train 30,000 students and learners through workforce development and training programs by 2030.

  • Key metrics from 2024 include bringing 31 GW of new power generating capacity online, energizing 71 GW of new power transformers, reducing Scope 1 and 2 emissions (market-based) by 51% since 2019, and bringing energy to the grid with an estimated carbon intensity ~20% below the global average.

  • Central themes of the Report include GE Vernova’s manufacturing of innovative technology and an optimistic commitment to developing future energy talent.

CAMBRIDGE, Mass. (June 17, 2025) – GE Vernova Inc. (NYSE: GEV) today released its 2024 Sustainability Report highlighting the company’s successful sustainability performance. The report explores GE Vernova’s commitment to building a more sustainable electric power system by presenting progress made on each of the leading goals established in its Sustainability Framework launched last year.

The company also announced three new goals aimed at helping to support the growing global demand for electricity: to bring a total of 150 gigawatts (GW) of new power generating capacity online between 2024 and 2030, adding 30% of new power generation capacity and grid enabling capacity in developing or emerging economies, and to reach 30,000 students and learners through workforce development and training programs by 2030.

“The world needs more electricity and smarter electricity. We are entering an era where electrons are the foundation for growth, prosperity, and security, and our Sustainability Report maps the progress GE Vernova is making to meet this opportunity,” said Scott Strazik, CEO of GE Vernova. “This year’s report is our strongest proof point on how we are working to deliver on our mission to electrify and decarbonize the world together with our customers, our collaborators, and the communities where we operate, and we are just getting started.”

GE Vernova’s Sustainability Framework comprises four pillars – Electrify, Decarbonize, Conserve, and Thrive – each with leading goals that are core to the company’s sustainability programs, helping align its business performance with non-financial impacts.

Some key highlights from the 2024 Sustainability Report include:

  • Electrify:
    • Brought an additional 31 GW of new power generating capacity online, more than the entire generating capacity of the U.S. state of Virginia, with 62% in developing and emerging economies.
    • Energized 71 GW of new power transformers, enabling new transmission capacity equivalent to the installed generating capacity of South Africa, with 34% in developing and emerging economies.
    • Announced three new goals: adding 150 GW of new power generating capacity by 2030, ensuring that 30% of new capacity added each year is in emerging and developing economies (as defined by the International Monetary Fund), and training 30,000 students and learners through workforce development programs by 2030.
    • Bringing a total of 150 GW of new power generating capacity online between 2024 and 2030, adding 30% of new power generation capacity and grid enabling capacity in developing or emerging economies; and reaching 30,000 students and learners through workforce development and training programs by 2030.
  • Decarbonize:
    • Earned estimated carbon intensity ~20% below the global average of the existing grid for new generating capacity, avoiding ~27 million metric tons CO2 emissions in first full year of operations for new generating capacity, equivalent to 6.3 million gasoline-powered passenger vehicles driven for one year.
    • Reiterated its ambition to deploy and commercialize breakthrough technologies –hydrogen, carbon capture and storage, direct air capture, small modular reactors– to make progress toward net zero Scope 3 emissions from use of sold products by 2050.
  • Conserve:
    • Reduced operational Scope 1 & 2 emissions (market-based) by 51% since 2019, achieved through improvements in internal processes across energy efficiency, SF6 reduction, and through purchasing renewable electricity and energy attribute certificates (EACs).
    • Announced a 38% coverage of its top products under the company’s 4R circularity framework.
  • Thrive:
    • Released the first company-wide Human Rights Report and conducted 576 new supplier audits, with 559 suppliers approved and 17 suppliers rejected.
    • Donated over 23,000 GE Vernova employee volunteer hours, with nearly 1,300 global charities supported by the GE Vernova Foundation.
    • Facilitated over 9,300 student interactions through its Next Engineers program, donated 4,000+ hours by GE Vernova volunteers, with ~90% of Engineering Academy graduates going on to pursue engineering in higher education or through industry apprenticeships.
GE Vernova's 2024 Sustainability Performance


“I’m proud of our sustainability performance that follows through on our commitment to be a force for good for our investors and for the planet, people, and communities,” said Roger Martella, GE Vernova’s Chief Corporate Officer and Chief Sustainability Officer. “GE Vernova’s manufacturing strength and our employees who drive it position us uniquely to building some of the most complex equipment the planet needs.”

Apart from the new announced goals, GE Vernova’s latest sustainability report highlights new sections including the company’s commitment to the next generation of energy leaders, its efforts in driving energy sector innovation to power artificial intelligence and data centers, as well as its new Product Life Cycle Compliance (PLCC) program designed to scan, track, assess, and implement current and future product compliance regulations. The company also obtained external, third-party limited assurance on Scope 1, Scope 2, and Scope 3 use of sold products emissions to strengthen the foundation of GE Vernova's sustainability reporting and decarbonization strategy.

For more information, visit gevernova.com/sustainability and read the full 2024 Sustainability Report and the Executive Summary.

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Forward-Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain, such as statements about such as our expectations regarding electrification and decarbonization and the role that we and our products and services can play in such electrification and decarbonization. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our Annual Report on Form 10-K for the year ended December 31, 2024, and in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operation" sections included therein, as may be updated from time to time in our filings with the U.S. Securities and Exchange Commission and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

end

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

© 2025 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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GE Vernova's Sustainability Performance Overview
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GE Vernova's Sustainability Framework
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GE Vernova's 2024 Sustainability Report cover
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GE Vernova

Japan’s METI and GE Vernova launch joint focus group to bolster energy security and innovation

7 min read
  • GE Vernova and METI launch first-of-its-kind focus group to enhance collaboration on energy security and supply chain

  • GE Vernova signs MOUs with Eurus Energy on onshore wind and Mitsubishi Electric Semiconductor Business on electrification to explore specific opportunities in wind and electrification

  • Unique METI industry group to strengthen US-Japan energy ties.

TOKYO, Japan (June 10, 2025) - GE Vernova (NYSE: GEV) and Japan’s Ministry of Economy, Trade and Industry (METI) today announced the launch of a first-of-its-kind focus group aimed at addressing challenges and opportunities and deepening collaboration in energy security and supply chain. The initiative was announced at a launch ceremony attended by METI’s Director-General for Energy and Environmental Policy, Shinichi Kihara, and GE Vernova’s Chief Corporate Officer and Chief Sustainability Officer, Roger Martella, witnessed by the State Minister of Economy, Trade and Industry, Yuichiro Koga.

This significant initiative aligns with Japan-US energy policy, building upon current’ relations, to further solidify cooperation between the two nations to strengthen the energy sector. The focus group will serve as a dedicated platform for GE Vernova and METI to engage on key themes crucial to Japan’s energy landscape, which include energy security in wind power; innovation in gas turbines utilizing hydrogen, ammonia, and Carbon Capture and Storage; and opportunities in electrification and nuclear energy.

The focus group will also endeavor to deepen collaboration between GE Vernova and Japanese companies in the energy sector. As part of the launch, GE Vernova signed the following Memoranda of Understanding (MOUs) with leading Japanese companies:

  • Collaboration with Eurus Energy Holdings Corporation to explore opportunities under the GX (Green Transformation) Industrial Location in northern Hokkaido, utilizing GE Vernova’s onshore wind turbines for data center power needs and accelerate renewable energy adoption.
  • Collaboration with Mitsubishi Electric Corporation’s Semiconductor Business to supply Insulated Gate Bipolar Transistors (IGBTs) for GE Vernova’s High Voltage Direct Current (HVDC) projects —supporting advanced electrification solutions and grid modernization worldwide.

“We welcome the opportunity to play a vital role in the advancement of the global energy sector in partnership with GE Vernova, a leading U.S. energy company with deep roots in Japan. This focus group, a testament to positive Japan-US bilateral ties, and the MOUs with our national champions Eurus Energy and Mitsubishi Electric, will serve as a powerful platform to drive innovation and strengthen our energy resilience for the future”, said Mr. Shinichi Kihara, Director-General for Energy and Environmental Policy, Ministry of Economy, Trade and Industry.

"With the launch of this first-of-its-kind focus group alongside METI, we are taking decisive action toward addressing the challenges facing the global energy sector. Our strong, ongoing relationships with Eurus Energy and Mitsubishi Electric are a step further in this endeavor, as we jointly explore the vast potential of onshore wind and electrification as key areas of focus. This collaboration is aligned with Japan’s 2050 net zero goals, and we are committed to delivering tangible progress in energy security and innovation across the energy value chain globally, through the development of breakthrough innovations like hydrogen, ammonia, advanced nuclear, and carbon capture technologies”, said Roger Martella, Chief Corporate Officer and Chief Sustainability Officer, GE Vernova.

GE Vernova has a long-standing presence in Japan, spanning over 130 years, and remains a key partner in the nation’s decarbonization journey. With approximately 450 employees in Japan, GE Vernova and its technologies contribute significantly to Japan’s stable power supply, accounting for around 50% of the country’s installed Heavy-Duty Gas Turbine power generation capacity and 25% of the country’s onshore wind capacity through its gas turbines, steam turbines, nuclear power, and wind turbines. All of GE Vernova’s business segments – Power, Wind, and Electrification – have a strong footprint in the country, positioning the company to optimize Japan’s energy system with holistic solutions across the entire energy value chain.

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Photo captions

Photo 1: Roger Martella (left), Chief Corporate Officer and Chief Sustainability Officer of GE Vernova; Yuichiro Koga (center), State Minister of Economy, Trade and Industry; and Shinichi Kihara (right), Director-General for Energy and Environmental Policy at the Ministry of Economy, Trade and Industry, at the signing ceremony.

Photo 2: Roger Martella (left), Chief Corporate Officer and Chief Sustainability Officer of GE Vernova; Tetsuya Suwabe (center), President and CEO of Eurus Energy Holdings Corporation; and Yuichiro Koga (right), State Minister of Economy, Trade and Industry, at the signing ceremony.

Photo 3: Johan Bindele (left), Vice President and CEO of Grid Systems Integration at GE Vernova; Masayoshi Takemi (center), Executive Officer and Group President of Semiconductor Device at Mitsubishi Electric Corporation; and Yuichiro Koga (right), State Minister of Economy, Trade and Industry, at the signing ceremony.

end

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

© 2025 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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GE Vernova | Regional Communications Leader, Asia
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Sustainability

Electrifying Decarbonization

The Current Staff
A man operates a turbine in the factory

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GE Vernova’s action on electrification and decarbonization go hand in hand with a vision of optimism for the future of energy and sustainability. See how GE Vernova is building the energy of change inside its manufacturing floors.

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