DECARBONIZE
Our commitment to invent, deploy, and service technology to help decarbonize and electrify the world.
Leading Goals and metrics
Innovating toward our 2050 Scope 3 net zero ambition for sold products
Reducing carbon intensity
Rapid deployment of renewables
Innovating breakthrough technologies
Modernizing, decarbonizing and digitizing the grid
Supporting the existing global nuclear fleet
Incorporating state-of-the-art gas turbines
How we’re helping to drive decarbonization
Climate change is an urgent global priority. As a company whose technology helps generate approximately 30% of the world’s electricity, we see it as our responsibility to lead the industry’s decarbonization efforts.
We are committed to building and delivering state-of-the-art technology to help reduce emissions today while investing in breakthrough technologies for a lower carbon future. We provide some of the most innovative onshore and offshore wind turbines, highly efficient gas turbines, as well as advanced technology to modernize and digitize electrical grids.
Beyond delivering technology the world needs today, we are equally focused on building breakthrough innovations for the future, including small modular nuclear reactors, carbon capture, utilization, and sequestration (CCUS), direct air capture (DAC) and low and zero carbon fuels, such as hydrogen, for new and existing gas plants.
Our Leading Goals and Metrics
Our leading goals and metrics provide focus to our sustainability strategy, helping to focus our efforts where it matters most. Each goal is supported by key metrics, designed to drive progress across the whole organization and enable transparent reporting on progress.
Our 2050 Net Zero Roadmap
In 2021, GE announced an ambition to be a net zero company for its operations and sold products by 2050. Our most significant impact will come from reducing Scope 3 greenhouse gas emissions from the use of our sold products, helping to decarbonize power production on a global scale.
We are prioritizing the 2020s as a decade of action, with a focus on innovating technology solutions needed to achieve net zero emissions by 2050. This will take several forms, including advancing technology with the potential to further reduce carbon emissions and carbon intensity in this decade and beyond. Between 2019 and 2022, these innovations contributed to a 37% reduction in net Scope 3 emissions from our sold products, from 506 million metric tons to 320 million metric tons of carbon dioxide¹.
While we are optimistic about the role of GE Vernova’s existing technologies to make progress through 2030, we know they will not be enough to achieve 2050 net zero ambitions. Therefore, we are investing today to innovate the next generation of breakthrough technologies needed for the electricity sector. Applying these principles, we consider three pathways toward the net zero ambition.
Our ambition is to be net zero in Scope 3 emissions from the use of our sold products by 2050
Pre - 2020
Building on substantial contribution from past action
Pre - 2020
GE Vernova brings a long history of innovation to drive efficiencies and reduce CO², emissions by delivering state-of-the-art products. Our past efforts since 2010 lay a strong foundation for the progress forward.
Our Impact
13%
GE installed base growth during 2010–2021
16%
increase in renewable energy and lower carbon power generation technologies (2010–2021)
22%
reduction in carbon intensity of the GE Vernova installed base (2010–2021)
Key technologies
Coal-to-gas switching that can reduce carbon emissions by more than 50%
Onshore wind growth and capacity factor improvement (rotor diameter, height)
Hydro/nuclear build and repowering
Record-breaking gas combined cycle plant efficiencies
Advanced gas path upgrades increasing efficiency of installed gas turbines
Our Carbon Neutral Commitment:
Alongside our Net Zero Ambition we have committed to be carbon neutral in our operations (Scopes 1 and 2) by 2030.
Learn more about Our Carbon neutral commitmentNEWS AND STORIES
Latest news from GE Vernova
FIND OUT ABOUT THE OTHER PILLARS OF OUR SUSTAINABILITY FRAMEWORK
The four pillars of our sustainability framework work together to help create a more equitable, thriving planet for everyone.
ELECTRIFY
Catalyze access to more secure, sustainable, reliable, and affordable electricity, and help drive economic development across the globe
CONSERVE
Innovate more while using less, safeguarding natural resources
THRIVE
Advance safe, responsible, and equitable working conditions in our operations and across our value chain
1. Estimating CO₂ emissions from use of sold products requires a series of calculations that define how different power turbines are expected to operate over their useful lifetime. Our Scope 3 Use of Sold Product emissions calculation methodology was adapted for each turbine type to account for their unique characteristics. This methodology is detailed in Appendix II of GE’s 2022 Sustainability Report.