General Electric (GE) 2022年CSR報告「NYSE」.pdf

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1、2022 SUSTAINABILITY REPORTA Transformative Era of ActionPuerto Rico Improving grid resiliencyGE Research,along with GEs Renewable Energy and Digital businesses,are working with the National Renewable Energy Laboratory,LUMA Energy and Sandia National Laboratories to develop and demonstrate an automat

2、ed power system with sensors,software,distributed solar and storage,and other features that would enable grid operators to rapidly restore electricity following severe weather events.Learn more United StatesLowering emissions with carbon capture technology The U.S.Department of Energy awarded$5.7 mi

3、llion to GE Vernova to lead a carbon capture technology integration project targeting a 95%reduction of carbon emissions.The study will serve as a template for lowering carbon emissions for other 7F gas power plants worldwide.Learn more United StatesWorlds first for the future of hybrid electric fli

4、ght GE Aerospace is the first to test a megawatt-class and multi-kilovolt hybrid electric propulsion system in altitude conditions that simulate single-aisle commercial flight.It is an important step in GEs work with NASA and Boeing to develop a hybrid electric propulsion system for flight tests lat

5、er this decade and for entry into service in the mid-2030s.Learn more ChinaPumped hydro storageSupported by four GE 300 megawatt(MW)pumped storage turbines,a new hydro power plant in Jinzhai is now online and providing 1.2 gigawatt(GW)of power.The sustainable giant energy storage system will save up

6、 to 120,000 tons of coal and reduce 240,000 tons of CO2 emissions every year.Worldwide,more than 30%of hydro storage plants are equipped with GE technology.Learn more United Arab Emirates A milestone for 100%Sustainable Aviation FuelEmirates operated the first demonstration flight in the Middle East

7、 using 100%Sustainable Aviation Fuel(SAF)in one of the two GE90 engines powering a Boeing 777-300ER.The flight supported collective industry efforts to help enable a future of 100%SAF flying and help advance the UAEs sustainability objectives.Learn more PolandSupporting Polands decarbonization targe

8、tsGEs 9HA.02 heavy-duty gas turbine will power Ostroleka C combined cycle power plant in northeast Poland.The flexible and efficient natural gas fired plant will enable Poland to increase its power supply security while continuing to phase out coal and expand the deployment of renewable and nuclear

9、energy resources.Learn more UkraineEmergency power when and where its most neededGE Vernova provided crucial support to Ukraine during the ongoing war,working with the United States Agency for International Development and Tetra Tech by delivering a GE TM2500 aeroderivative gas turbine.This mobile g

10、as generator can power over 100,000 Ukrainian homes and can be trucked to a location within weeks.Learn more United States&FranceCFM International RISE2 ProgramAs part of CFM Internationals Revolutionary Innovation for Sustainable Engines(RISE)2 Program,plans were announced to flight test hydrogen c

11、ombustion and open fan technologies with Airbus in the mid-2020s.The CFM International RISE Program will demonstrate and mature a range of new,disruptive technologies for future engines targeting at least 20%lower fuel consumption,which translates to 20%fewer carbon dioxide(CO2)emissions compared to

12、 todays engines.Learn more GreeceDigital twin technology for reliable energyGE Digitals Asset Performance Management Reliability application has been selected by the first independent energy producer in Greece,ELPEDISON S.A.,to improve the reliability of its combined cycle fleet.This makes ELPEDISON

13、 the countrys first energy producer to cover an entire combined cycle plant with digital twin technology.Learn more ItalyNew European hybrid electric technology demonstratorAvio Aero launched a new hybrid electric technology demonstration program,called AMBER,that supports efforts to make air transp

14、ort more fuel efficient by reducing CO2 emissions.The program is funded by the Clean Aviation Joint Undertaking,a public-private partnership between the European Commission and the European aeronautics industry.The demonstrator will study integration of hybrid electric components with fuel cells for

15、 rig testing in the mid-2020s using Avio Aeros advanced Catalyst turboprop engine.Learn more EgyptA hydrogen first for AfricaGE Vernova successfully operated a GE LM6000 aeroderivative gas turbine on hydrogennatural gas blended fuel at the Sharm El Sheikh Power Plant during the 27th Conference of th

16、e Parties to the United Nations Framework Convention on Climate Change(COP 27).In less than five months,the project overcame logistical and operational challengesgetting hydrogen to the plant and building the infrastructure for hydrogen distribution and blending at the siteall with a commitment to s

17、afety.Learn more AustraliaIdentifying inefficiencies at 30,000 feet Qantas Airlines,which operates Australias largest commercial fleet,announced plans to implement GE Digitals Airspace Insight solution.By using this first-of-its-kind tool,which aggregates data from air traffic control(ATC),airlines,

18、airports,airspace designers and communities,Qantas can better understand what is happening in their airspace from both a safety and efficiency perspective.Learn more Building a World that Works for TomorrowOur CommitmentWe build the technology that enables a more sustainable tomorrow.Energy Transiti

19、on 30%of the worlds electricity generated with the help of GE technologyFuture of Flight3 out of 4 commercial flights powered by GE or partner1 enginesGlobal R&DWe invest in R&D to build a world that works for tomorrow:$4.2B in 2022GE company-wide(inclusive of GE HealthCare),customer and partner fun

20、ded.1 CFM International is a 50-50 joint company between GE and Safran Aircraft Engines;Engine Alliance is a 50-50 joint company between GE and Pratt&Whitney.2 CFM International is a 50-50 joint company between GE and Safran Aircraft Engines.RISE is a registered trademark of CFM.II|GE 2022 SUSTAINAB

21、ILITY REPORT GE 2022 SUSTAINABILITY REPORT|III 3 On January 3,2023,GE completed the planned separation of its healthcare business,launching GE HealthCare Technologies Inc.(GE HealthCare).As of December 31,2022,GE had 123,000 employees excluding GE HealthCare employees who are now part of the standal

22、one company.Dear Fellow Stakeholders,2022 marked the beginning of a new era for GE.One where we are unleashing our full potential as three independent industry leaders across energy,flight and health.Our 172,0003 employees served customers in 170 countries to drive decarbonization through the energy

23、 transition,create a smarter and more efficient future of flight,and enable precision care.With a commitment to embedding lean more deeply,and embracing a culture of humility,transparency and focus,we are living our purpose every day of rising to the challenge of building a world thatworks.We succes

24、sfully launched GE HealthCare and are preparing for the separation of GE Vernova,our portfolio of energy businesses,and GE Aerospace sometime early in 2024.We did this while navigating inflationary pressure,geopolitical conflict and global supply chain challenges.And in the spirit of kaizen,change t

25、o make it better,we accelerated a culture of continuous improvement that ultimately allows us to better serve our customers.FACING PAGE GEs next-generation 3.0-3.4 MW onshore wind turbine,designed specifically for the North America region.COVER Michael Whalen,Development Assembly Mechanic,GE Aerospa

26、ce;Will Martin,Edison Engineering Development Program,GE Vernova;and Alejandra Aragon Gallegos,QA Site Leader,GE HealthCare.FORWARD-LOOKING STATEMENTSThis report contains“forward-looking statements”that is,statements related to future events that by their nature address matters that are,to different

27、 degrees,uncertain.For details on the uncertainties that may cause our actual future results to be materially different than those expressed in our forward-looking statements,see https:/ well as our annual reports on Form 10-K and quarterly reports on Form 10-Q.We do not undertake to update our forw

28、ard-looking statements.NON-GAAP FINANCIAL MEASURESIn this report,we sometimes use information derived from consolidated financial data but not presented in our financial statements prepared in accordance with U.S.generally accepted accounting principles(GAAP).Certain of these data are considered“non

29、-GAAP financial measures”under the U.S.Securities and Exchange Commission rules.These non-GAAP financial measures supplement our GAAP disclosures and should not be considered an alternative to the GAAP measure.The reasons we use these non-GAAP financial measures and the reconciliations to their most

30、 directly comparable GAAP financial measures are included in our annual reports on Form 10-K,our quarterly reports on Form 10-Q and our earnings releases.GE 2022 SUSTAINABILITY REPORT|1 GE BY THE NUMBERS172,0006employees served customersreaching 170 countries worldwide to drive decarbonization throu

31、gh the energy transition and create a smarter and more efficient future of flight.In launching these three independent public companies,we are advancing our commitment to sustainability and to GEs more than 130-year legacy of lifting up the quality of life for people around the world.By sharpening o

32、ur focus on the specific missions of each business,we gain more opportunity for GE Vernova to electrify and decarbonize the world,for GE Aerospace to invent the future of flight and for the newly independent GE HealthCare to create a world where healthcare has no limits.Ibrahima Ndiaye is helping to

33、 modernize the electrical grid at GE Researchs transformer lab in Niskayuna,New York.These are important missions that will have a lasting impact on our planet.We are focused on improving our impact on our people,communities and planet.Respecting human rights around the world has long been a part of

34、 our culture of unyielding integrity and is embedded in our environmental,social and governance priorities.We know the actions we are taking today within GE Vernova and GE Aerospace support our climate and sustainability goals over the near and long term.In this report,youll find more detailed discu

35、ssions on those actions,including letters from Scott Strazik and myself addressing sustainability within GE Vernova and GE Aerospace,respectively.It all starts with our unique ability to innovate new technology the world needs to address the most pressing sustainability challenges.At GE Vernova,our

36、technology helps generate approximately 30%of the worlds electricity and we have a meaningful role to help solve the trilemma of delivering more sustainable,reliable and affordable energy.Were working with customers like Kindle Energy in Louisiana to transition to hydrogen as a fuel source for power

37、 turbines traditionally powered by natural gas,and with countries like Vietnam to improve the reliability and stability of the electrical grid to support renewable sources of energy.Were bringing the worlds only 12+megawatt wind turbine with three years of operating experiencethe Haliade-Xto importa

38、nt new projects like the Dogger Bank offshore wind farm off the coast of England.Were deploying advanced nuclear technologies like our BWRX-300 small modular reactor,which produces no carbon during operation,in key markets including North America and Europe.And were modernizing electrical grids for

39、clean energy integration,using our GridOS,the worlds first software designed for grid orchestration.At GE Aerospace,nearly 3 billion people flew with our technology under wing in 20224.We are continuing our efforts to support use of Sustainable Aviation Fuel(SAF),which is vital to enabling the aviat

40、ion industry to meet its decarbonization goals.The revolutionary CFM RISE5 technology demonstration program,in“It all starts with our unique ability to innovate new technology the world needs to address the most pressing sustainability challenges.By sharpening our focus on the specific missions of e

41、ach business,we gain more opportunity for GE Vernova to electrify and decarbonize the world,for GE Aerospace to invent the future of flight and for the newly independent GE HealthCare to create a world where healthcare has no limits.”H.Lawrence Culp,Jr.Chairman of the Board and Chief Executive Offic

42、er,GE Chief Executive Officer,GE AerospaceWE RISE TO THE CHALLENGE OF BUILDING A WORLD THAT WORKSWe invent the future of flight,lift people up and bring them home safely.Every2 secondsa GE or partner7 powered aircraft takes off.H.LAWRENCE CULP,JR.Chairman of the Board and Chief Executive Officer,GE

43、Chief Executive Officer,GE Aerospace The GE team is excited for the path ahead.GE HealthCare is already well along its journey,and GE Vernova and GE Aerospace will follow sometime early in 2024.I am confident that we will achieve our full potential,thanks to our people.Our teams are motivated by the

44、 respective missions of each business,precisely because they are so important to creating a sustainable future for the world.partnership with Safran,is developing a new engine architecture and advanced materials with an aim to reduce fuel consumption and CO2 emissions by more than 20%compared with t

45、odays most efficient engines.Were also working with NASA and Boeing to mature and fly a megawatt-class hybrid electric propulsion system,and announced new flight test programs for open fan and for a hydrogen combustion engine with Airbus.And our Avio Aero team will lead a European project to test a

46、hybrid electric motor powered by hydrogen fuel cells.GE Aerospaces Tatum Ross works on a Passport engine in Evendale,Ohio.GE Board Member and former U.S.Secretary of Defense Ash Carter sadly passed away last fall.We miss him every day and again express our deepest sympathies to his wife and family.A

47、sh once said to me,“I like the ethos of GE,”and how GE sits on the same side of the table with customers when it comes to technology and efficient production.I couldnt agree more.We approach our work with our customers as“one team with one fight,”as Ash would describe it.That has been true for more

48、than 130 years,and we will carry that ethos into our future.We are united by a single,urgent purpose to help electrify and decarbonize the planet:because together,we have the energy to change the world.We have equipped90%of the worlds power transmission utilities with our technology.6 On January 3,2

49、023,GE completed the planned separation of its healthcare business,launching GE HealthCare.As of December 31,2022,GE had 123,000 employees excluding GE HealthCare employees who are now part of the standalone company.4 Including GE and its joint venture partners.5 CFM International is a 50-50 joint c

50、ompany between GE and Safran Aircraft Engines.RISE is a registered trademark of CFM.7 CFM International is a 50-50 joint company between GE and Safran Aircraft Engines;Engine Alliance is a 50-50 joint company between GE and Pratt&Whitney.2|GE 2022 SUSTAINABILITY REPORT GE 2022 SUSTAINABILITY REPORT|

51、3 Contents1 CEO Letter4 CSO Letter6 Our Sustainability Priorities7 United Nations Sustainable Development Goals11 About This Report12 Key Metrics:Our Performance and Priorities14 GEs Commitment to the People of UkrainePART I15 Our Innovation and Technology:Propelling GE into a New Era16 Innovation T

52、imeline:Tackling the Worlds Challenges for 130 Years18 Innovating Solutions for the Worlds Most Pressing Challenges20 Leading the Energy Transition:Electrification and Decarbonization36 Developing the Future of Flight:Defining Flight for Today,Tomorrow and the Future48 GE Research:Delivering Innovat

53、ion to Build a More Sustainable WorldPART II50 Our Process:How GE Operates to Succeed in Our Mission51 Board Oversight54 Integrated Approach to Strategy,Risk and Sustainability58 Lean Management Supporting Sustainability Priorities60 Product Safety and Quality63 Culture:Leading with Integrity and Th

54、e Spirit&The Letter65 Always with Unyielding Integrity:GEs Ethics&Compliance Program67 Privacy and Cybersecurity69 Human Capital:Investing in Our People72 Advancing Diversity,Equity and InclusionPART III81 Our Commitments:GE Respects Our People,Our Planet and Our Communities82 Safety85 Environment86

55、 Climate Change104 Human Rights107 Freedom of Association108 The GE Foundation2022:A Transformative Era of ActionAs someone who has focused their career on the environment,energy,climate and sustainability for almost 30 years,Ive never experienced so much consensus from governments,companies and NGO

56、s around one common themeaction.2022 marked a tipping point toward accelerating action.Throughout the year,weve seen three key transformations that are helping to solve some of the worlds most pressing sustainability challenges.And GEs own transformation is perfectly timed and aligned to ensure succ

57、ess.First,the relationship between governments and companies is rapidly reconfiguring toward partnership of shared goals.One key catalyst:the United States passage of its first climate change lawthe Inflation Reduction Actis one of the most impactful energy policies in decades and is bringing the go

58、vernment and companies together to solve for climate change,energy security and supply chain together.Another is the European Unions RePowerEU package,which is helping address the energy market disruption caused by Russias invasion and promote energy security while accelerating the energy transition

59、.Importantly,this is not just a U.S.and Europe transformation.We are rapidly expanding our engagement with governmentsacross the Middle East,South America,Africa and Asiato help build a clean energy supply chain across the communities in which we operate.The work our GE Vernova team has done togethe

60、r to provide emergency power to Ukraine,documented on page 14,is perhaps the best example of a public-private partnership Ive seen.At GE Aerospace,were working with the European Commissions Clean Aviation program and the U.S.Federal Aviation Administrations Continuous Lower Energy,Emissions and Nois

61、e(CLEEN)program to innovate jet engine technologies and help decarbonize the aviation industry.Second,the urgency of electrification and energy security is creating additional incentives to act on climate change.In the last 12 months,weve seen more severe weather events threatening energy reliabilit

62、y,risks from cybersecurity,growing variability from renewable energy and the need to harden the grid so that other sectors can decarbonize through electrification.All these factors have ignited a sense of urgency of acting today on both power generation and grid modernization.While doing so within t

63、he context of electrification,these investments bring equal benefits to decarbonization and climate change goals.Thus,we are increasingly seeing action that solves both climate change and the energy trilemmagrowing access to more sustainable,reliable and affordable electricity for the nearly 775 mil

64、lion people who lack access.We launched GridOS,the worlds first grid orchestration software,which is designed to enable secure and reliable grid management while delivering the resiliency and flexibility needed by utilities worldwide.Third,weve seen a transformation and increasingly unified global a

65、ction plan for climate change.For example,countries like Egypt and the United Arab Emirates(UAE)are now putting their climate commitments front and center in their economic plans.They are aggressively pursuing climate change investments as ways to advance their economies and inspire a new generation

66、 of diverse leaders and workforce.We were honored to work in Egypt to run a gas turbine on a hydrogen blend for the first time for the African continent in 2022,and were prioritizing our partnership with the UAE,which I believe will emerge in 2023 as one of the worlds leaders on innovating technolog

67、y to decarbonize industrial and energy sectors.In addition,members of Air Transport Action Group,including GE Aerospace,previously adopted a goal of net zero CO2 emissions by 2050,confirming the aviation industrys support of the Paris Climate Agreement.We want to enable the world to be invested both

68、 in cleaner and more affordable energy,and the economic benefits with it.As I reflect on these transformations,I feel fortunate that GEs most significant transformation is aligning at this pivotal time.With our announcement in 2021 to launch three companies focused on critical,growing sectors in ene

69、rgy,aerospace and healthcare,we used last year to the fullestpreparing each company to independently continue and build upon the legacy of GEs established ESG program,including our climate commitments and ambitions.All GE companies operate from the principle that sustainability is a business imperat

70、ive and a necessary condition for long-term growth and success.That includes GE Vernova and GE Aerospace,which are,respectively,uniquely positioned to lead the energy transition and the future of flight,and GE HealthCare,which successfully completed its separation in January 2023 and will release it

71、s own sustainability report detailing and further developing its own ESG strategy and goals.I am already a witness to how each of our three businesses are more strongly positioned to serve these three critical areas of energy,aviation and healthcare through focus.And,importantly,Im confident in thei

72、r success both for their shareholders as a business and for sustainability in innovating the solutions the world most needs to accelerate action.2022 marked the beginning of a transformative era not only for sustainability,but also for GE.One where we are unleashing our full potential as three indep

73、endent industry leaders.With a continued commitment to our sustainability priorities and innovation,and technology as our North Star,I am optimistic about the path to improve our impacts on our people,communities and planet.ROGER MARTELLAChief Sustainability Officer ROGER MARTELLAChief Sustainabilit

74、y Officer4|GE 2022 SUSTAINABILITY REPORT GE 2022 SUSTAINABILITY REPORT|5 How Our Strategy and Sustainability Priorities Align with the United Nations Sustainable Development Goals The United Nations(UN)Sustainable Development Goals(SDGs)are an interlinked agenda of 17 objectives to help nations addr

75、ess our most pressing global challenges,from climate change to inequality.GE continues to play a critical role in advancing sustainability and quality of life.We have been a signatory to the UN Global Compact since 2008,and we see close alignment between 11 of the 17 SDGs and our business strategy a

76、nd sustainability priorities.On January 3,2023,GE completed the planned separation of its healthcare business,launching GE HealthCare Technologies Inc.(GE HealthCare).As an independent company,GE HealthCare embarks on its important mission to create a world where healthcare has no limits.Across GE,w

77、e remain committed to protecting the health and safety of our workforce and those doing work on our behalf across the globe.Through our global well-being program,HealthAhead,we support GE employees and their families in optimizing their health and well-being in diverse ways that are reflective of th

78、eir local cultures.In recognition of our efforts to make the health and well-being of our employees one of our top priorities,we received the 2022 Best Employers:Excellence in Health&Well-being Award from the Business Group on Health.We were also one of four employers honored with the Excellence in

79、Global Health&Well-being Award for demonstrating a commitment to equity reflected in our standard benefits offered to our global workforce.We have maintained appropriate COVID-19 precautions and procedures throughout the pandemic to ensure the health and safety of our employees.The GE Foundations Sa

80、fe Surgery 2020 program and its partners continue to make an impact in Africa and Southeast Asia.Although the$25 million commitment concluded in 2020,the program continues to increase medical oxygen accessibility to patients,supports anesthesia training across East Africa,expands medical tele-educat

81、ion and tele-mentoring for in-service training,and strengthens health facilities through biomedical technician training.Business and Priority Alignment Safety Lifting Our CommunitiesLearn More 70 Human Capital:Global Well-Being82 Safety108 Our Commitments:The GE FoundationAt GE,our diversity,equity

82、and inclusion(DEI)focus is rooted in the belief that diverse teams and perspectives are essential to building a worlds that works.By working together,we can foster an inclusive culture that ensures every employee feels accepted,respected and a sense of belonging.Gender equality is a critical compone

83、nt of GEs commitment to providing a safe,inclusive and respectful workplace.We continue to provide benefits that support our gender diverse workforce,including flexible work policies,parental leave and other family benefits.While we have improved gender pay equity over the past year,our goal remains

84、 100%pay equity in each of our businesses.Our philanthropic efforts also focus on advancing gender equality by supporting women and underrepresented populations in science,technology,engineering and math(STEM)fields.GE is honored to be a founding partner of the Society of Women Engineers(SWE)Corpora

85、te Partnership Council for 20 years,and several GE senior leaders serve in leadership positions at SWE and on the Women of Color in Engineering Collaborative(WCEC).Many GE employees mentor new talent or advance their own education and networking through SWE,which also provides scholarship support.To

86、gether,SWE and GE are building a strong pipeline of female talent that will innovate the future with diverse experiences and perspectives.Similarly,in 2022,GE helped to empower young people by learning about STEM opportunities during two events in the Middle East,North Africa and Turkey(MENAT)region

87、.Each event gave students a first-hand look at GEs technology,sustainability initiatives and STEM careers.In addition,students worked with GE employees to think through and identify innovative solutions around sustainability-related issues and topics.Events such as these often lead to GE mentoring o

88、f students,empowering their passion to work in careers that help people and the planet.Business and Priority Alignment Advancing Diversity,Equity and Inclusion Lifting Our CommunitiesLearn More69 Human Capital:Investing in Our People72 Advancing Diversity,Equity and Inclusion108 Our Commitments:The

89、GE FoundationOur Sustainability PrioritiesThroughout our more than 130-year history,GE has held a larger purpose of innovating technology to lift the quality of life for people around the globea core driver of sustainability.Sustainability priorities are woven into all that we do,including our busin

90、ess strategy,policies,leadership engagement,operating mechanisms,commitments and,ultimately,our products.From ensuring more people have access to more sustainable,reliable and affordable energy,to helping people thrive by staying connected to family,friends and economic opportunities,we are committe

91、d to making a substantial impact on people and the planet for the better.2022 marked the beginning of a new era for GE.One where we are unleashing our full potential as three independent industry leaders committed to energy,flight and health.Our mission to succeed in driving decarbonization through

92、the energy transition and creating a smarter and more efficient future of flight is governed by core sustainability priorities built first and foremost on GEs unique culture of integrity in everything we do.As the world changes,we continuously adapt and improve our programs to ensure we succeed in t

93、hese priorities.In the spirit of humility,we continuously engage with thought leaders and experts in various fields to learn from them and enhance our program.GEs strong foundation of integrity and lean-oriented culture frame how we make continuous improvements for people,our communities and the pla

94、net.As our 172,0008 diverse employees share a common mission to build a world that works,we are focused together on these priorities.The following pages highlight how our products and innovative technologies work to build a more sustainable world and how our foundational culture of integrity,forward

95、-looking strategy and robust sustainability programs help bring these priorities to life.8 On January 3,2023,GE completed the planned separation of its healthcare business,launching GE HealthCare Technologies Inc.(GE HealthCare).As of December 31,2022,GE had 123,000 employees excluding GE HealthCare

96、 employees who are now part of the standalone company.SMARTER AND MORE EFFICIENT FUTURE OF FLIGHTDRIVING DECARBONIZATION THROUGH THE ENERGY TRANSITIONSAFETY OF OUR PEOPLELIFTING UP OUR COMMUNITIES COMMITMENT TO HUMAN RIGHTSENVIRONMENTAL STEWARDSHIPCulture of integrity in all that we do6|GE 2022 SUST

97、AINABILITY REPORT GE 2022 SUSTAINABILITY REPORT|7 As a company whose technology helps generate approximately 30%of the worlds electricity,we are committed to decarbonizing the energy sector while increasing access to more sustainable,reliable and affordable electricity.We are committed to electrific

98、ation and decarbonization in parallelgrowing access to electricity,particularly for the nearly 775 million people without access,while decarbonizing the energy,transportation and industrial sectors.With some of the most innovative onshore and offshore wind turbines,most efficient gas turbines,as wel

99、l as advanced technology to modernize and digitize electrical grids,GE is uniquely positioned to collaborate internationally in a just transition to a clean energy economy.As we are helping our customers to decarbonize smartly and efficiently,we are ensuring we become carbon neutral in our own Scope

100、 1 and Scope 2 greenhouse gas(GHG)emissions by 2030,en route to net zero by 2050 in our own operations as well as the Scope 3 emissions from the use of our sold products.As part of GE Vernovas commitment to helping our customers deliver more affordable and cleaner energy,weve invested in the GT26 Hi

101、gh Efficiency(HE)Upgrade to provide up to a 2%combined cycle efficiency improvement.The upgrade lowers the fuel cost per MW and reduces CO2 by 5%,which is equivalent to taking 16,500 cars off the road.The upgrade also increases the capability of the GT26 to burn up to 40%hydrogen fuel,providing futu

102、re potential to further reduce the carbon footprint.Business and Priority Alignment Energy Transition(GE Vernova)Environmental StewardshipLearn More20 Innovation:Energy Transition86 Our Commitments:Climate Change86 GEs Ambition To Be a Net Zero CompanyWe believe there is no such thing as sustainable

103、 economic growth without decent work.We treat everyone affected by our businesses and value chain with fairness and dignity.In addition to strict prohibitions on child,prison and forced labor,we have built strong and lasting relationships with our suppliers to ensure an ethical supply chain.GE subsc

104、ribes to all prevailing work laws internationally regarding minimum wages.GE adopts the Employer Pays Principles and prohibits actions associated with the most common forms of modern slavery.We enforce compliance on working conditions at our work sites and conduct audits at supplier manufacturing si

105、tes through our Supplier Responsibility Governance program.The decent work of today begins with training for the jobs of tomorrow.We believe STEM careers,especially in energy and transportation,are helping to solve global challenges like climate change while also lifting up communities through econo

106、mic opportunities.That is why GE continues to support educational advancements,mentoring and community assistance for students and communities at home and abroad.One key example of this support is the Advanced Manufacturing Training Expansion Program(AMTEP).Launched in 2019 with funding through 2025

107、,the goal of AMTEP is to triple the training footprint by reaching more than 900 high school students and adult learners and building a more diverse,sustainable,ready-to-work pipeline across Massachusetts North Shore.We are committed to providing high school students and adult learners with the trai

108、ning and resources they need to succeed in STEM careers.Business and Priority Alignment Energy Transition(GE Vernova)Human Rights Future of Flight(GE Aerospace)SafetyLearn More20 Innovation:Energy Transition64 The Spirit&The Letter82 Safety104 Our Commitments:Human Rights105 Our Commitments:Ethical

109、Supply ChainFrom the beginning,research has played a critical role in our business strategy.We continue to develop technologies that have raised the quality of life for people around the world.Today we are focused on innovating technologies that will propel the global energy transition and future of

110、 flight.For example,GE Research launched a new Technology Incubation team at its Niskayuna,New York,research campus to enhance our green innovation commercialization efforts in the private sector.The CAGE(Climate ActionGE)Lab is developing unique systems for post-combustion carbon capture and direct

111、 air capture(DAC),which remove carbon from flue gas and the air,respectively.The goal is to enable an economical,large-scale solution for helping customers and companies decarbonize.Looking to the future of flight,GE Researchs hybrid electric aviation team is partnering with the Advanced Research Pr

112、ojects Agency for Energy(ARPA-E)on three projects to develop the powertrain,power generation system and cabling to enable a carbon neutral hybrid electric propulsion system that is suitable for supporting a 150-200 seat narrow body commercial airplane.Our innovation doesnt end with creating breakthr

113、ough technologies.Our programs for redeveloping brownfields,Superfund and other contaminated sites are also creating the infrastructure of tomorrow by helping to turn idle properties into new hubs of economic growth,job creation,needed housing and more.For example,as part of GEs former Lighting manu

114、facturing business,we leased a site near Yogyakarta,Indonesia,from the Sambirejo Village Administration for solid waste storage(i.e.,broken glass from lamp manufacturing).Following GEs exit from the site,we worked closely with regulators and the village to incorporate the construction of a soccer pi

115、tch into the final site restoration plans.Business and Priority Alignment Energy Transition(GE Vernova)Future of Flight(GE Aerospace)Environmental StewardshipLearn More15 Innovation48 GE Research:Delivering Innovation to Build a More Sustainable World85 Our Commitments:Environment101 Environmental J

116、ustice and BrownfieldsGEs respectful workplace policies are the foundation of our commitment to a diverse workforce and inclusive workplace.Through our membership with the Leadership Group for Responsible Recruitment,we also adopted the Employer Pay Principle to remove inequities and help prevent ex

117、ploitation of vulnerable worker populations.We believe education is a significant driver of economic inclusion and continue to partner with multiple organizations to provide STEM training and education to diverse communities around the world.With a focus on increasing the diversity of young people i

118、n engineering,the GE Foundations Next Engineers program facilitated more than 8,300 student engagements in 2021 and 2022.The GE Foundations Developing Health Globally(DHG)program continues to provide benefits to underserved communities,helping to reduce global health inequalities.Since its launch in

119、 2004,DHG has invested$145 million to train more than 2,000 healthcare workers in many disciplines,including biomedical technicians across 16 countries.Business and Priority Alignment Lifting Our Communities Human RightsLearn More15 Innovation72 Diversity,Equity and Inclusion104 Our Commitments:Huma

120、n Rights108 Our Commitments:The GE FoundationGE 2021 Diversity ReportAs cities and communities around the world decarbonize,GEs diverse energy offerings help provide utilities,power producers,grid operators and policymakers with the technology and services they need to meet their climate and sustain

121、ability goals.We continue to advance our environmental,health,safety and other sustainability goals in the cities and communities in which our employees and customers live and work,while at the same time providing job opportunities that support community development.For example,GE Research,along wit

122、h GEs Renewable Energy and Digital businesses,are working with the National Renewable Energy Laboratory,LUMA Energy and Sandia National Laboratories to develop and demonstrate an automated power system with sensors,software,distributed solar and storage,and other features that would enable communiti

123、es in Puerto Rico to rapidly restore electricity following severe weather events.In 2023,GE launched GridOS,the worlds first end-to-end software portfolio designed to help create the clean energy grid of the future.The platform and application suite enable secure and reliable grid management while d

124、elivering the resiliency and flexibility needed by utilities worldwide.Business and Priority Alignment Energy Transition(GE Vernova)Environmental StewardshipLearn More20 Innovation:Energy Transition50 Our Process:How GE Operates to Succeed in Our Mission97 Our Commitment:Product Stewardship101 Envir

125、onmental Justice and BrownfieldsIn 2021,we developed product stewardship and circularity goals to take responsibility for the impacts of our products across their full lifecycle.Over the last year,new Life Cycle Assessments(LCAs)were conducted and more than 100 personnel in over a dozen different fu

126、nctions assessed the progress of existing circularity and product stewardship initiatives and drafted objectives and roadmaps to further incorporate circularity and stewardship steps into the business strategy.For example,as part of the ZEBRA(Zero wastE Blade ReseArch)consortium,LM Wind Power produc

127、ed its first 100%recyclable blade at the Ponferrada plant in Spain in early 2022.The 62-meter blade was built using a unique thermoplastic resin.The resin can be readily utilized in other industries as material compounds and can also be depolymerized and reused in the production of new blades.Busine

128、ss and Priority Alignment Product StewardshipLearn More97 Our Commitments:Product Stewardship101 Environmental Justice and Brownfields8|GE 2022 SUSTAINABILITY REPORT GE 2022 SUSTAINABILITY REPORT|9 We continue to make progress toward our goal of achieving carbon neutrality within our own operations(

129、i.e.,Scope 1 and 2 emissions)by 2030.Our businesses continue to make operational investments in energy efficiency,reducing emissions from the grid through smart power sourcing and using lean practices to eliminate energy waste.As of 2022,Scope 1 and 2 greenhouse gas emissions are down 28%compared to

130、 the 2019 baseline.We are also progressing on our ambition to be net zero by 2050,including for the Scope 3 emissions associated with the use of our sold products.We continue to provide updates on the path to our net zero ambition across GE Vernova and GE Aerospace.At the same time,we continue to pl

131、ay an important role globally in helping our customers reach their climate and sustainability goals while working with partners to electrify and decarbonize as part of the global transition to a clean energy economy.Throughout 2022,we continued to engage in the public domain to advance thought leade

132、rship on how the energy sector can achieve climate goals in line with the Paris Climate Agreement(including participating in COP27)and to help formulate and support policies that advance a just transition and sustainability goals globally.Business and Priority Alignment Energy Transition(GE Vernova)

133、Future of Flight(GE Aerospace)Environmental StewardshipLearn More20 Innovation:Energy Transition32,44 Scope 386 Our Commitments:Climate ChangeWe promote respect for fundamental human rights as outlined in our Human Rights Statement of Principles and the principles contained in the Universal Declarat

134、ion of Human Rights.We released our GE Human Rights Report in 2022 to provide greater transparency into how we run our Human Rights program,from our suite of governance documents to our Supplier Due Diligence program.Our human rights and respectful workplace policies extend from our own employees to

135、 those of our suppliers and to the communities affected by our operations and business relationships.We treat everyone affected by our business and value chainincluding employees,suppliers and their workers,customers and communitieswith fairness and dignity.We believe access to more sustainable,reli

136、able and affordable energy helps to strengthen infrastructure and promotes stable prosperous societies.For example,half of Indias new wind energy generation capacity in 2022 was powered by GEs locally developed and manufactured 2.7-132 wind turbine that is ideal for Indias low wind speed regime.A ma

137、jor portion of the additional 900 MW was set up to help industries in their decarbonization journey and has the potential to generate enough electricity to power over 290,000 Indian households.The 2.7-132 turbine was developed by engineers at our John F.Welch Technology Center in Bengaluru,and is ma

138、nufactured at GEs multimodal factory in Pune in western India,with blades being manufactured at LM factories located in the states of Gujarat and Karnataka.Business and Priority Alignment Human Rights Culture of IntegrityLearn More63 Culture of Integrity104 Our Commitments:Human Rights2021 GE Human

139、Rights ReportThe scale of our operations,combined with our longstanding partnerships with civil society groups,industry associations and governments around the world,allow us to advance sustainability globally.We are founding members of the Global Business Initiative on Human Rights and an active me

140、mber in organizations such as the Leadership Group for Responsible Recruitment and the UN Global Compact(including the Human Rights and Business Dilemmas Forum).At COP27 in 2022,GE announced our founding membership in the Corporate Coalition for Innovation&Technology toward Net Zero(CCITNZ),which wi

141、ll help countries meet decarbonization and climate change goals through innovation and technology.We are joined by Bechtel,GM,Honeywell,Invenergy and Johnson Controls in this cross-sector business alliance.Following the adoption by the Air Transport Action Group(ATAG)of net zero emissions by 2050 am

142、bition,the International Civil Aviation Organization,in 2022,adopted a similar long-term net zero by 2050 goal.GE and CFM International9 are funding members with representation on the Board of Directors of ATAG.GE Aerospace is also a member of the U.S.Aerospace Industries Association,which has a sim

143、ilar commitment for commercial aviation manufacturers to work with airline customers and governments to achieve net zero emissions by 2050.Business and Priority Alignment Energy Transition(GE Vernova)Future of Flight(GE Aerospace)Human Rights Environmental StewardshipLearn More86 Our Commitments:Cli

144、mate Change104 Our Commitments:Human Rights2021 GE Human Rights Report9 CFM International is a 50-50 joint company between GE and Safran Aircraft Engines.About This ReportThis report covers the environmental,social and governance(ESG)activities of GE,primarily for 2022.In certain places,it also desc

145、ribes how we are propelling GE into a new era as we progress our plans to launch GE Vernova,our portfolio of energy businesses,and GE Aerospace as industry-leading,global,investment-grade public companies.This report allows us an opportunity to deepen existing conversations with our stakeholders abo

146、ut our sustainability programs.In addition to the UN SDGs,we have considered three key sustainability reporting frameworks as we developed this report:(1)the Task Force on Climate-related Financial Disclosures(TCFD)framework,(2)industry-specific standards from the Sustainability Accounting Standards

147、 Board(SASB)and(3)the Global Reporting Initiative(GRI)Standards(Core).TCFD,SASB and GRI indices can be found here.GEs Greenhouse Gas(GHG)Inventory follows the World Resources Institute/World Business Council for Sustainable Development(WRI/WBCSD)Greenhouse Gas Protocol:A Corporate Accounting and Rep

148、orting Standard,Revised Edition(the Protocol).GE utilizes the Protocol for all definitions,assumptions and calculations discussed in this document unless explicitly stated otherwise,reporting under the“operational control”approach.To learn more about our Greenhouse Gas Inventory and Energy Inventory

149、 process methodology,see Appendix I in our 2022 Sustainability ReportAppendices.As described below on page 51,the GE Board of Directors(Board)exercises oversight and provides direction on GEs sustainability strategy,and the Governance&Public Affairs Committee in coordination with the Audit Committee

150、 oversees external reporting on sustainability matters,including this report.While the contents within this report have not been externally assured,both internal and independent external resources have reviewed the information and data within for quality,completeness and accuracy.On January 3,2023,G

151、E completed the previously announced separation of its healthcare business into a separate,independent publicly traded company,GE HealthCare Technologies,Inc.(GE HealthCare).This report covers GE Vernova and GE Aerospace only,except where otherwise noted.GE HealthCare will be releasing its own 2022

152、sustainability report.GE 2022 SUSTAINABILITY REPORT|11 10|GE 2022 SUSTAINABILITY REPORT TOPICBASELINE202020212022UN SDGSafety(pages 82-84)Injury&Illness Total Recordable Rate150.530.600.47Days Away from Work Incident Rate160.290.320.21FatalitiesEmployees(Count)17300FatalitiesContractor Workers(Count

153、)18443Environmental Stewardship(pages 32-35,44-47,85-88,100)Environmental PerformanceISO 14001 Sites97111148Global Penalties Paid(in$thousands)256313Spills&Releases(Count)242719Air Exceedances(Count)191013Wastewater Exceedances(Count)113518Climate Change and Energy20 GE Operational GHG Emissions(mil

154、lion metric tons of CO2 equivalent)(market based)212.271.901.811.63Scope 1 Emissions(million metric tons of CO2 equivalent)0.730.740.67Scope 2 Emissions(million metric tons of CO2 equivalent)(market based)1.161.070.96Direct SF6 Emissions(thousand metric tons CO2equivalent)138131105Scope 3 Net Emissi

155、ons from sold products(million metric tons of CO2)(net,new units,absolute)GE Aerospace222834GE Vernova23477320GE Operational Energy Use(MWh)207,370,0005,870,0005,990,0005,670,000Total Electricity(MWh)3,040,0003,030,0002,950,000Renewable Energy Used(MWh)53,00063,100141,000Water Total Freshwater Use(b

156、illions of gallons)5.124.934.29Once-Through Cooling Freshwater(billions of gallons)1.851.691.30Lifting Our Communities(pages 108-116)($M)GE Company Contributions via GE Businesses and the GE Foundation$44.9$34.9$44.2 Employee and Retiree Contributions$16.8$9.4$9.1 Total GE“Family”Giving$61.7$44.3$53

157、.3 Total Contributions as a Percentage of GE Revenue0.08%0.06%0.07%1 Non-GAAP financial measure.2 Generally Accepted Accounting Principles.3 Cash from Operating Activities.4 GE,customer and partner funded.5 Data representative of GEs workforce as of December 31,2022,inclusive of GE HealthCare,extrac

158、ted January 12,2023.6 System exports show percentages out to several decimal points.Due to this precision,totals may not sum due to rounding differences.7 2021 first year reported.8 Professional accounts for all active non-production employees,excluding leadership.9 Leadership encompasses the most s

159、enior 1.5%of all active employees.10 Beginning with the 2020 metric year,our supply chain metrics reflect changes and improvements in GEs Supplier Responsibility Governance(SRG)program.11 The number of Total Global Audits is greater than total suppliers reviewed as some suppliers were audited twice(

160、i.e.,desktop audit due to COVID-19 restrictions followed by on-site visits)or there were return visits to confirm corrective actions were completed.For more information on GEs Supplier Responsibility Governance(SRG)program,see pages 105-106.12 New metric reported in 2020 from Supplier Responsibility

161、 Governance program and audits.13 Findings identified vary from policy improvements to process changes.GE tracks all issues to closure with verification such issues were properly addressed.GE will suspend or terminate a relationship should the supplier fail to implement adequate measures as required

162、 by the corrective action plan.14 Other includes findings not allocated to a category or relate to quality findings identified during Supplier Responsibility Governance audit.15 Number of injury and illness cases globally per risk population year to date,based on 100 employees working 200,000 hours

163、annually,as measured against OSHA recordability criteria.16 Days Away from Work Incident Rate uses the OSHA calculation for recordable days away from work cases(transfer or restricted cases are excluded),based on 100 employees working 200,000 hours annually.17 GE employees,leased workers,wholly owne

164、d affiliate employees and majority-owned,joint-venture employees.18 Workers under GE EHS coordination which may include GE-hired contract workers,consortium partner workers and sub-contractors.19 Increase from 2021 to 2022 due to minor,unrelated incidents across global operations.20 Per the WRI/WBCS

165、D GHG Protocol,GE adjusts its 2019 base year GHG and energy data annually to reflect changes in structure or calculation methodology,improvements in accuracy of emission factors or activity data,and discovery of error.Interim years are not adjusted except upon discovery of significant error.21 Scope

166、 1 and 2 emissions may not sum to total due to rounding.22 For more details on GE Aerospaces Scope 3 emissions for sold products and progress toward net zero ambition,see pages 44-47,Appendix II in our 2022 Sustainability Report Appendices.23 For more details on GE Vernovas Scope 3 emissions for sol

167、d products and progress toward net zero ambition,see pages 32-35,Appendix II in our 2022 Sustainability Report Appendices.Key Metrics:Our Performance and PrioritiesAs an active participant and signatory to the UN Global Compact since 2008,we understand we play a role in helping achieve a better futu

168、re for all by creating a more sustainable world.To put this in action,we apply the UN Guiding Principles on Business and Human Rights to help frame our program and practices.Our ESG performance in 2022 and priorities for 2023 and beyond align with the identified UN Sustainable Development Goals(SDGs

169、)to help address the identified societal challenges.In 2022,we are proud the suite of our key ESG metrics trended in positive directions.On January 3,2023,GE completed the previously announced separation of its healthcare business into a separate,independent publicly traded company,GE HealthCare Tec

170、hnologies,Inc.(GE HealthCare).This report covers GE Vernova and GE Aerospace only,except where otherwise noted.GE HealthCare is included in this section,the 2022 Key Metrics:Our Performance and Priorities.TOPICBASELINE202020212022UN SDGFinancial Performance($M)Total Revenues$75,833$74,196$76,555 Adj

171、usted Revenues1$72,969$71,090$73,602 Profit(loss)(GAAP2)$5,970$(3,683)$1,412Adjusted Profit1$2,246$4,608$5,835 CFOA3(GAAP2)$1,025$888$5,864Free Cash Flows1$635$1,889$4,758 Total Research and Development4$3,820$3,685$4,242 Diversity and Inclusion5(pages 72-80)GE U.S.Workforce,all employeesTotal Race&

172、Ethnic Minority624.1%24.2%25.2%Asian8.7%8.5%8.5%Black/African American6.8%6.7%7.1%Hispanic/Latinx6.5%6.8%7.3%American Indian/Alaskan Native0.3%0.3%0.3%Native Hawaiian/Pacific Islander0.2%0.1%0.2%Multiracial1.6%1.7%1.9%Disability(U.S.)73.7%3.2%U.S.Veteran Status710.1%10.2%Global Female Representation

173、 per Category Female Representation,All Employees21.9%22.3%22.8%Female Representation,Professional Employees826.2%26.5%26.9%Female Representation in Leadership926.0%27.2%29.5%Human Rights:Supplier Responsibility Program10(pages 104-106)Total Global Audits111,2861,1151,233 Total Suppliers Approved121

174、,0399661,014New Suppliers433220222Existing Suppliers553726772Supplier from Acquisition532020Total Suppliers Rejected12712644New Suppliers621330Existing Suppliers81314Supplier from Acquisition100Total Findings137,3486,0316,482Percentage of Findings per CategoryHealth&Safety29%31%31%Environment31%31%3

175、4%Emergency Preparedness21%20%16%Human Rights&Labor16%14%13%Dormitory Standards1%1%1%Conflict Minerals2%1%1%Security/Other141%3%6%Audits per RegionChina41%38%34%India28%27%27%North and South America13%18%18%Europe,Middle East&Africa9%8%8%Rest of Asia9%10%13%GE 2022 SUSTAINABILITY REPORT|13 12|GE 202

176、2 SUSTAINABILITY REPORT PART I|OUR INNOVATION AND TECHNOLOGYPropelling GE into a New EraFor 130 years,people have counted on GE to“find out what the world needs and try to invent it,”as our founder Thomas Edison famously said.This has never been more important.From the first commercially viable ligh

177、tbulb to the Haliade-X,the first offshore wind turbine certified at 14.7 MW,and the GE9X,the worlds largest and most powerful aircraft engine,GE has pioneered technologies spurring world-transforming changes and improving the lives of billions.2022 marked the beginning of a new era for GE.One where

178、we are unleashing our full potential as three independent industry leaders committed to innovation and technology as our North Star.Our employees serve customers and communities in 170 countries and are passionate about solving the worlds most pressing sustainability challenges in energy and flight.

179、This is the impact of GEevery day our people rise to the challenge of building a world that worksdriving decarbonization through the energy transition and creating a smarter and more efficient future of flight.UkraineGEs Commitment to the People of UkraineA GE TM2500 aeroderivative gas turbine is de

180、livered to Ukraine to provide emergency power.The resolve and courage of the Ukrainian people are an inspiration to the world.As a GE team,we proudly stand with our employees,our customers and all those impacted by the crisis.SUPPORTING THE UKRAINIAN GRIDAligning with our efforts to assist in mainta

181、ining and rebuilding Ukraines electric grid,a GE TM2500 aeroderivative gas turbine was shipped to Ukraine from Arizona on a Ukrainian Antonov cargo plane.The portable turbine was purchased by USAID,the United States governments humanitarian and foreign aid agency,to help support emergency power need

182、s in the country.The mobile gas generator can generate enough electricity to power the equivalent of more than 100,000 Ukrainian homes and can be trucked to a location and attached to a damaged power plant,or hooked directly into the electrical grid,within a few weeks.This effort was made possible b

183、y a partnership between Ukraine and the U.S.,and GE was fortunate to contribute to this crucial cause.Learn more SUPPORTING EUROPE AND EUROPEAN CUSTOMERSWhile the war in Ukraine is first and foremost a humanitarian catastrophe for the people in Ukraine,the Russian invasion has also caused an energy

184、crisis,particularly in Europe.In May 2022,the European Union introduced the RePowerEU package to help address the energy market disruption caused by Russias invasion.The package is focused on saving energy,diversifying energy supply,accelerating clean energy rollout,and investment and reform measure

185、s to achieve independence from Russian fossil fuels by 2027.GE supported its customers and other European stakeholders on this significant shift.For example:Our Grid Solutions business unveiled innovative technology at the 2022 CIGRE Biennial Session in Paris,France,to showcase how we are helping ad

186、dress the biggest challenges facing the grid,specifically modernization,decarbonization,digitization and electrification.Learn more GE researchers developed a cutting-edge artificial intelligence/machine learning tool that could save the global wind industry billions of dollars in logistics costs ov

187、er the next decade.Learn more Our Gas Power team worked with countries like Germany to evaluate current power market design and associated risks against climate target and energy security objectives.Learn more SUPPORTING UKRAINIAN COMMUNITIESThe GE family has also provided philanthropic support to t

188、he people of Ukraine,which includes more than$6 million in medical equipment,humanitarian support and contributions.Early in the conflict,GE HealthCare donated$4 million in healthcare equipment,including handheld ultrasound devices,mobile X-ray units,ventilators and patient monitors.In November 2022

189、,GE HealthCare announced an additional$1 million donation of life-saving ultrasound and monitoring equipment to Ukraine.Learn more Through the GE Foundation,an independent charitable organization funded by GE,we made a$500,000 donation to two organizations to bring immediate and long-term support to

190、 refugees and relief organizations on the ground,including$400,000 to the International Rescue Committee and$100,000 to Airlink.Learn more Additionally,the GE Foundations Matching Gifts program enabled employees to contribute to relief efforts,doubling their support by matching their donations 1-to-

191、1.As of May 2023,these funds increased our impact by nearly$520,000 including employee donations and matching gifts.SUPPORTING UKRAINIAN REFUGEESUnder an intensive six-month Ukraine Refugee Support program,GE offered cost reimbursements and paid time off to employees who opened their homes to refuge

192、es and helped provide necessities such as food,medicine and clothing.Approximately 360 GE employees made use of the program,amounting to more than$300,000 in reimbursements.GE VOLUNTEERS OPEN HEARTS AND HOMES TO UKRAINIANSGE employees across Europe have come together to establish a network of volunt

193、eers and design creative ways to help with the ongoing humanitarian crisis.Theyve gathered donations of food and hygiene products,supported local charities and even hosted Ukrainian families in their own homes.Learn more Ukrainian Minister of Energy German Galuschenko(right)with GE Chief Sustainabil

194、ity Officer Roger Martella at the Partnership for Transatlantic Energy and Climate Cooperation.14|GE 2022 SUSTAINABILITY REPORT GE 2022 SUSTAINABILITY REPORT|15 INNOVATION TIMELINETackling the Worlds Challenges for more than 130 Years1879First commercially practical incandescent lampEdison invents t

195、he first commercially practical incandescent lamp.1910First electric rangeGE improves life in the kitchen with the first electric range.1896 X-ray machineA rich tradition of GE breakthroughs in medical imaging begins with the demonstration of stereoscopic Roentgenpictures.1927First home television r

196、eceptionThe first home television reception takes place in Schenectady,New York,with a signal from GEs radio broadcaststation.1942First U.S.jet engine,the I-AGE builds the first U.S.jet engine,the I-A,which is used to power Americas first successful jet aircraft for military use,the Bell XP-59 Airac

197、omet.1995GE90 aircraft engineGE introduces the GE90,the first certified jet engine to include components made of lightweight carbon fiber composites.The use of composites substantially reduces engine weight and enables higher standards for fuel burn and emissions.1962Worlds first LEDBuilding on Robe

198、rt Halls solid state laser,Nick Holonyak Jr.demonstrates the worlds first light emitting diode(LED)at GE Research in Niskayuna,New York.LEDs enable solid state lighting,which uses 85%less electricity than conventional lighting.1969Technologies for first moon landingGE supplies a variety of technolog

199、ies for the first landing on the moon,including engineering support,test facilities and the silicone for Neil Armstrongs boots.1992Mars ObserverGE builds the Mars Observer for NASA,which will study Martian geology and climate while mapping the planets surface.1983MRIGE scientists develop the SIGNA 1

200、.0 Magnetic Resonance Imaging(MRI)System,which produces images of soft tissues difficult to image by X-ray methods.1957First U.S.licensed nuclear reactorGE reactor becomes first privately owned and operated nuclear power plant to deliver electricity to the grid in Vallecitos,California.1 The LEAP en

201、gine is a product of CFM International,a 50-50 joint company between GE and Safran Aircraft Engines.LEAP is a registered trademark of CFM International.ENABLING A BETTER QUALITY OF LIFEINNOVATING TECHNOLOGIES AND REDEFINING WHATS POSSIBLEBUILDING A MORE SUSTAINABLE TOMORROW2016Clinical Command Cente

202、rGE launches the first artificial intelligence(AI)powered,real-time optimization system at The Johns Hopkins Hospital.In 2020,the systems efficiency benefit at Tampa General Hospital was equivalent to taking 3,900 cars off theroad.CFM LEAP aircraft engineThe CFM LEAP1 engine application for single-a

203、isle aircraft entered service with the first ceramic matrix composites and 3-D printed parts in the hot section of a commercial aircraft engine.The engines unique design and materials make it 15%more fuel efficient than its predecessor.It is also quieter and produces fewer emissions.2015HA turbineGE

204、 introduces HA,the worlds largest and most efficient heavy duty gas turbine.The turbine offers industry-leading operational flexibility and builds upon the legacy of jet engine technology pioneered at GE Research during the early 20thcentury.2002Wind power businessGE continues its focus on sustainab

205、le energy by entering the wind powerbusiness.2009VscanVscan,a handheld,pocket-sized ultrasound technology,helps doctors deliver expanded care to more people,including in rural regions.2020GE9X aircraft engineWith some of GEs most advanced engine technologies,the GE9X is certified and designed to del

206、iver up to 10%greater fuel efficiency than its predecessor,with nitrogen oxide(NOx)emissions 55%below current regulatory requirements.2021EdisonEdison Digital Health Platform is a vendor-agnostic hosting and data aggregation platform in development with an integrated AI engine.It will enable hospita

207、ls and healthcare systems to effectively deploy the clinical,workflow,analytics and AI tools to support the improvement of efficiency and care delivery.2019Offshore wind turbineThe first Haliade-X wind turbine prototype is installed in Port of Rotterdam in the Netherlands.In 2021,Haliade-X became th

208、e industrys first 14 MW offshore wind turbine.2018Leading nuclear redesignGE Hitachi Nuclear Energy is selected by the U.S.Department of Energy to lead a team simplifying nuclear reactor design,reducing plant construction costs and lowering operations and maintenance costs for the BWRX-300,a 300 meg

209、awatt electric(MWe)small modular reactor.2022Onshore windGE introduced its next-generation 3.4 MW onshore wind turbine.Designed specifically for North America,it delivers high-capacity factor with balance of plant simplicity,improved logistics and reliable,bankable performance.2023World-first grid o

210、rchestration softwareGE launched GridOS,the worlds first end-to-end software portfolio designed to help create the clean energy grid of the future.The platform and application suite enables secure and reliable grid management while delivering the resiliency and flexibility needed by utilities worldw

211、ide.16|GE 2022 SUSTAINABILITY REPORT GE 2022 SUSTAINABILITY REPORT|17 Innovating Solutions for the Worlds Most Pressing ChallengesMISSION Making renewable power sources more affordable,reliable and accessible for the benefit of people everywhereUNITS Onshore Wind,Offshore Wind,Grid Solutions Equipme

212、nt and Services,HydroSolutions,Hybrids SolutionsINSTALLED BASE 54,000 wind turbines and 7,500+hydro units equipped with GEtechnology,representing 400+GW of renewable energyEMPLOYEES 36,0002022 REVENUE$12,977M2022 R&D1$540MTECHNOLOGY SPOTLIGHT The first commercial scale offshore wind installation in

213、the U.S.,Vineyard Wind 1,will be powered by GEs Haliade-X turbines,the only 12+MW offshore wind turbine that has been operating for over three years and is helping accelerate offshore wind growth in North America and Europe.GEs newest 3.4 MW onshore wind platform offers next generation innovation,ea

214、se of installation and reliability to bring more renewable energy to more places.GEs state-of-the-art high voltage direct current(HVDC)transmission system will transmit power from the Sofia Offshore Wind Farm,one of the worlds largest offshore wind farm projects,which will generate enough renewable

215、energy to meet the electricity needs of almost 1.2 million average U.K.homes once operational.GEs pumped storage solutions represent more than 30%of the worlds pumped storage plants and more than 6,000 MW of projects are under development around the globe to create a path for more sustainable,reliab

216、le and cleaner energy generation.MISSION Powering lives and making electricity more affordable,reliable,accessible and more sustainableUNITS Gas Power,Steam Power,Power Conversion,Nuclear&OtherINSTALLED BASE 7,000 gas turbines,representing 800+GW of gas power;41 nuclear power plants worldwide repres

217、enting 40 GW carbon free power generation;over 1,200 hybrid and electric ship power systemsEMPLOYEES 32,0002022 REVENUE$16,262M2022 R&D1$383MTECHNOLOGY SPOTLIGHT World-record setting HA and Aeroderivative turbines are the most efficient gas turbines and key force multiplier to accelerate decarboniza

218、tion.Leading Arabelle steam turbines in 53 GW of existing nuclear fleet generate 2%more power output than traditional configuration with 99.96%reliability.Developing advanced nuclear technology,like the BWRX-300 small modular reactor and Natrium2,will provide carbon free electricity during operation

219、,dependable base load and flexible capacity helping customers meet energy security and decarbonization goals.RENEWABLE ENERGYPOWERElectrification and DecarbonizationClimate change is an urgent global priority.Atthe same time,energy demand is increasing,the importance of energy security is elevated,a

220、nd nearly 775 million people are without access to reliable power.As a company whose technology helps generate approximately 30%of the worlds electricity,we have a responsibility to lead the industrys decarbonization efforts and help solve the trilemma of delivering more sustainable,reliable and aff

221、ordable energy.GE Vernova is 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.Our energy businesses provide powerful,integrated solutions with the most innovative onshore and offshor

222、e wind turbines,most 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 the important role of building the breakthrough technologies the world will need in the future,including

223、small modular nuclear reactors,carbon capture,utilization and sequestration(CCUS),and low and zero carbon fuels,such as hydrogen,for new and existing gas plants.1 GE,customer and partner funded.2 Jointly developed with TerraPower.Unless otherwise noted,statistical references to“GE Vernova”refers to

224、the sum of data and information from GEs Renewable Energy&Power reporting segments,without giving effect to eliminations and corporate adjustments.On a stand-alone basis,GE Vernova will include GEs portfolio of energy businesses and its Digital business.MISSION Providing customers with engines,compo

225、nents,avionics and systems for commercial,military,business and general aviation aircraft,and a global service network to support these offeringsUNITS Commercial Engines and Services,Military,Systems&OtherINSTALLED BASE 40,900 commercial aircraft engines3 and 26,100 military aircraft enginesEMPLOYEE

226、S 45,0002022 REVENUE$26,050M2022 R&D1$1,965MTECHNOLOGY SPOTLIGHT The worlds largest and most powerful aircraft engine,the GE9X,is also the most efficient engine we have ever built on a per-pounds-of-thrust basis.The culmination of our renewed commercial engine product line,the GE9X is designed to de

227、liver up to 10%greater fuel efficiency than its predecessor,with emissions of nitrogen oxides(NOx)55%below current regulatory requirements.The CFM LEAP4 engine for single-aisle aircraft features the first ceramic matrix composites(CMCs)and 3-D printed parts in the hot section of a commercial aircraf

228、t engine.The engines unique design and materials make it 15%more fuel efficient and produce 15%fewer emissions than its predecessor.AEROSPACEFuture of FlightGE Aerospace is helping define flight for the next generation with industry-leading technology to reduce GHGemissions.Advancements in aerodynam

229、ics,engine architecture and materials technology for GE and CFM International5 product lines have resulted in todays aircraft engines consuming 40%less fuel and emitting 40%less CO2 than engines manufactured in the 1970s and 1980s.However,we cannot be satisfied with the pace of progress from the pas

230、t.We are currently developing the next suite of engine technologiesincluding advanced architectures such as open fan,hybrid electric and electric propulsion concepts,and advanced thermal management conceptsthat offer the potential to achieve at least a 20%additional improvement in fuel efficiency co

231、mpared to todays state-of-the-art,single-aisle aircraft engines.For example,GE Aerospace and Safran unveiled a bold technology development program in June 2021 called the CFM RISE6(Revolutionary Innovation for Sustainable Engines)Program,which will demonstrate and mature a range of new,disruptive te

232、chnologies for future engines that could enter service by the mid-2030s.GE Aerospace is also supporting industry initiatives to approve and adopt 100%Sustainable Aviation Fuel(SAF)and is partnering on a flight demonstration program to test zero carbon hydrogen fuel combustion.3 Including GE and its

233、joint venture partners.4 CFM International is a 50-50 joint company between GE and Safran Aircraft Engines.LEAP is a registered trademark of CFM International.5 CFM International is a 50-50 joint company between GE and Safran Aircraft Engines.6 CFM International is a 50-50 joint company between GE a

234、nd Safran Aircraft Engines.RISE is a registered trademark of CFM International.GE9X jet engine on GE Aerospaces flying test platform.18|GE 2022 SUSTAINABILITY REPORT GE 2022 SUSTAINABILITY REPORT|19 RAPIDLY REDUCE EMISSIONSDrive energy sector emissions down as quickly as possible by:INCREASE GRID RE

235、SILIENCE:Decarbonizing energy and increasing grid resilience are mutually achievable through physical and digital solutions that:Accelerating renewables to the fullest,fastest extent.Utilizing gas with methane controlsas a force multiplier for renewables.Innovating hydrogen and carbon capture to dec

236、arbonize gas.Developing small modular reactor and other breakthrough technologies.Enable more renewable deployment.Increase resilience from growing threats.Provide near-term jobs,economic opportunity.LEADING THE ENERGY TRANSITIONElectrification and DecarbonizationGEs portfolio of energy businesses,n

237、ow called GE Vernova,is helping the energy sector solve for the energy trilemma of sustainability,reliability and affordability.As a company whose technology helps generate approximately 30%of the worlds electricity,we have a meaningful role to play in the energy transition and a strategic imperativ

238、e to electrify and decarbonize the world.In 2023,there is tangible momentum to solve climate change and propel the energy transition forward.In the United States,the passage of the Inflation Reduction Act(IRA)and the Infrastructure Investment and Jobs Act(IIJA)provides policy support and tax credits

239、 designed to accelerate the energy transition and energy security.As we work to decarbonize the energy sector with urgency,2022 elevated the importance of energy security with unexpected and painful clarity.From extreme weather events globally,the Russian invasion of Ukraine and global economic retr

240、enchment,energy security has emerged to join aspects of the energy trilemma as the most critical elements for successful energy ecosystems.At GE Vernova,we see the goals of decarbonization and electrification as mutually inclusive.Any progress in advancing the energy transition and combatting climat

241、e change must also advance energy security at the same time.These policy and secular industry tailwinds will unlock a massive ramp of investment and execution,beginning now and increasing in the coming decade of actionand GE is uniquely positioned to work with our customers to lead this effort.GE be

242、lieves the energy transition will require increased decarbonization and electrification of the power generation sector lowering the carbon intensity of electricity itself as other sectors such as heavy industry,transportation and buildings look to the grid to achieve their decarbonization goals.Gain

243、s in lower carbon power generation from wind,solar,nuclear,sequestered or hydrogen-powered gas turbines,hydroelectric power or other sources also rely on proper investment in the grid system to ensure we are locking in progress toward both goals.This electrification imperative is elevating the impor

244、tance of investment in the electricity grid system itself,including both hardware and software enhancements,to deal with added stresses and opportunities to manage the variability of more renewable electrons,growing threats to the grid and increasing energy demand worldwide.GE Vernova is being built

245、 as a company to lead the energy transition and is on track to separate from GE sometime in early 2024.GE Vernova will be guided by its purpose statementthe energy to change the worldand is on the front lines of combatting climate change.GE Vernova will lead this effort through a dedicated board of

246、directors,focused investor base and unified R&D mission.As a company,GE Vernovas businesses will include Power,Wind and Electrification,which will include our Digital business,reflecting the macrotrends present in our industry and our broader conviction that the energy transition will require a dive

247、rse suite of technologies and solutions.Within Power,our focus will be on delivering the reliable,dispatchable and increasingly sustainable electricity the world requires across our Gas Power,Hydro Power,GE Hitachi Nuclear Energy and Steam Power businesses.These businesses support technologies that

248、provide a sizable percentage of the worlds dispatchable electricity capacity today and will continue to focus on decarbonizing and meeting the rapidly growing demand for electricityexpected to double by 2050.Importantly,these businesses include critical energy transition breakthroughs we must realiz

249、e,from small modular nuclear reactors and hydrogen fuels,to carbon capture and gas turbine efficiency upgrades.Retooling and retrofitting thousands of power plants to provide reliable,lower-emitting electricity will require years of dedicated effort to extend the lives of these essential assets.For

250、Wind,our focus will be to restore the financial vitality and stability of this business while meeting the unprecedented growth in demand for onshore and offshore wind turbines over the coming decades.At GE,we begin with the fundamental principles by leading first with safety and then with quality an

251、d we are doing so in Windparticularly as we move into the industrys ramping growth in the coming years.Whether working at heights or in our manufacturing settings,safety comes first for our team,our customers and our suppliers as wind energy moves toward greater industrialization,cost discipline and

252、 enhanced supply chain rigor to continue to grow stably to meet the climate challenge.Next,product quality means ensuring these machines run and produce the carbon free megawatts we need for years to come;to that end,we announced were simplifying and standardizing our onshore wind portfolio into wha

253、t we call workhorse products,so we and our suppliers can implement more repeatable manufacturing processes,and thereby enhance overall product quality and reduce cost.To grow,we must ensure the long-term stability of the ecosystem of wind energy and position ourselves to deliver these crucial techno

254、logies at the massive scale that will be required.Electrification is often understated as a keystone of the energy transition;without massive investment in both the hardware and software infrastructure of the grid system,the necessary changes to generation will not be possible.At GE Vernova,our Elec

255、trification business will be focused on bringing together the innovations of the latest software to manage,monitor and improve the grid.As industries turn to electrification as a decarbonizing element,we must ensure the grid can reliably meet this added stress with enhanced resilience.For Digital,we

256、 deliver the platforms and intelligent applications necessary to accelerate electrification and decarbonization across the energy systemfrom where power is created,to how it is orchestrated,to how it is consumed.More than 20,000 customers around the globein industries such as energy,manufacturing an

257、d aviationuse our software to help plan,manage and optimize operations today for a more sustainable tomorrow.In 2022,we introduced GE Vernova to the world.Our efforts this yearand through the planned spin-off as an independent company in 2024will set up this energy transition leader to operate from

258、a position of strength and deliver for our customers and communities.Our sustainability vision is to power the transition to a low carbon,resilient and fairer world.We believe our own carbon intensity,including efforts to reduce our Scope 1,2 and 3 emissions,will be a core key performance indicator

259、of our own success as abusiness.We pursue these efforts not because we are compelled to,but because we must.We believe the electrification and decarbonization of the world is a noble cause.We must slow and ultimately reverse the effects of climate change.We think this is one of the worlds greatest c

260、hallenges and,with it,one of the worlds greatest investment opportunities.To GE Vernovas customers,employees and stakeholders,we appreciate your support and full engagement in this generational challenge and opportunity.We look forward to leading with you.Our Technologies TodayAs a company whose equ

261、ipment helps generate approximately 30%of the worlds electricity,we take seriously our role to lead the industrys decarbonization progress and help solve the trilemma of delivering more sustainable,reliable and affordable energy.The energy trilemmaOur energy businesses provide powerful,integrated so

262、lutions with some of the most innovative onshore and offshore wind and hydropower turbines,most efficient gas turbines,as well as advanced technology to modernize and digitize electrical grids.We strongly support the Paris Agreement commitments and other ambitious targets to reduce energy sector emi

263、ssions.At GE,we are leading by example.We are making progress to become carbon neutral in our own operations by 2030(Scope 1 and Scope 2 emissions)and we set a further ambition for GE to be a net zero company by 2050 for the Scope 3 emissions from the use of sold products.For more information on the

264、 steps we are taking,see pages 86-88.GEs products and services are crucial to helping the world decarbonize.As utilities,power producers,grid operators and policymakers around the world set their own decarbonization goals for the power sector,GEs diverse offerings will help them achieve their target

265、s.To that end,we are helping to reduce emissions today and driving deeper decarbonization by:Deploying renewables as fast as possible.We offer one of the broadest renewable energy portfolios in the industry and help grow capacity as rapidly as possible by continuing to bring down the cost of onshore

266、 and offshore wind energy and leveraging our offerings in battery storage and hydropower.Accelerating emissions reductions with state-of-the-art gas turbines.We look to the most efficient gas turbine technologywith strong methane controls on upstream developmentas providing a solid foundation that b

267、ecomes a force multiplier for building a renewable energy infrastructure and a destination technology for certain markets in the energy transition.Supporting the existing global nuclear fleet.With innovative digital solutions and technology upgrades,we are increasing carbon free output while reducin

268、g costs.Modernizing,decarbonizing and digitizing the grid.We are modernizing the physical grid to enable the integration of more renewable energy,while meeting increased demand.We are also reinforcing the network to withstand the growing threat of more severe weather and cyber risks.Our software is

269、also essential to building a modern and clean energy grid.For example,GridOSthe worlds first grid software portfolio designed for grid orchestrationintegrates energy data,network modeling and AI-driven analytics together across the grid to power a suite of composable applications that enable secure

270、and reliable orchestration of electrons from generation through consumption.Innovating breakthrough technologies.GE is working with customers and partners to innovate a wide range of breakthrough technologies for a lower carbon future,including hydrogen as a fuel,carbon capture and sequestration sys

271、tems,and small modular nuclear reactors to accelerate the energy transition.Our Ambition to Achieve Deep Decarbonization While Strengthening Power.We Can Succeed with These Mutually Achievable Goals.SCOTT STRAZIKCEO,GE VernovaAffordableSustainableReliable(Resilient&Secure)THE ENERGY TRILEMMA20|GE 20

272、22 SUSTAINABILITY REPORT GE 2022 SUSTAINABILITY REPORT|21 GEs energy businesses work together toward meeting the worlds energy demand with less carbon intensity over time.Power includes Gas Power,Hydro Power,Nuclear and Steam Power.Gas Power is engineering advanced,efficient natural-gas-powered tech

273、nologies and services,along with decarbonization solutions that will help electrify a lower carbon future.Hydro Power offers advanced technologies that harness the power of water to deliver reliable power to the worlds largest economies and remote communities.Nuclear is one of the worlds leading pro

274、viders of advanced reactor technology,fuel and nuclear services.Steam Power is delivering a broad portfolio of technologies and services that help nuclear,industrial and coal power plants deliver reliable power as they transition to a lower carbon future.Wind includes Offshore Wind,Onshore Wind and

275、Wind Turbine Blades.Offshore Wind is one of the worlds leading offshore wind energy and services provider,with proven performance up to 14MW.Onshore Wind is harnessing onshore wind energy potential with a comprehensive family of smart,modular turbines that are uniquely suited for a variety of wind e

276、nvironments.Through LM Wind Power,Wind Turbine Blades is an industry-leading designer and manufacturer of advanced,high-quality,reliable rotor blades for onshore and offshore wind turbines with a global manufacturing footprint and blade services solutions.Electrification includes Grid Solutions,Powe

277、r Conversion and Solar&Storage Solutions.Grid Solutions is a global provider to power utilities and industries for the critical equipment,systems and services they need to bring power reliably and efficiently from the point of generation to the point of consumption.Power Conversion is applying the s

278、cience and systems of power conversion to help drive the electric transformation of the worlds energy infrastructure.Solar&Storage Solutions is integrating innovative technologies in renewable generation and energy storage to deliver flexible,reliable and intelligent solutions to enable the energy t

279、ransition.Digital is enabling the digital transformation with software that accelerates grid modernization and decarbonization across the energy ecosystemfrom where power is created to where it is consumed.HELPING IMPROVE GRID STABILITY IN GERMANYGE Vernovas Static Synchronous Compensator(STATCOM)te

280、chnology will improve grid stability in Germany following an order from transmission system operator,50Hertz Transmission GmbH,for one of their substations in Bad Lauchstdt.This technology provides grid operators with reactive power compensation and an improved range of operational voltage,reducing

281、the risk of grid disruptions.Learn more POWERING FORWARD TO BRING U.S.LNG TO THE GLOBAL MARKETGE Vernovas Grid Solutions and Power Conversion businesses will supply technology to energy technology company Baker Hughes for Venture Globals Plaquemines liquefied natural gas(LNG)export facility.GE Verno

282、vas technology will power the overall liquefaction system Baker Hughes is providing for the Plaquemines export facility,Venture Globals second project to bring U.S.LNG to the global market.Learn more GEs ROLE IN CONNECTING RENEWABLE ENERGY TO THE GRIDGE Vernovas Grid Solutions business and BOND Civi

283、l&Utility Construction have been awarded a contract from Empire Offshore Wind,a joint venture between Equinor and bp,to supply a state-of-the-art digital onshore substation and high voltage electrical systems for the offshore substation for Empire Wind 1,one of New Yorks first offshore wind farm pro

284、jects.Once operational,the wind farm will power more than 500,000 New York homes.Learn more POWER HIGHLIGHTSDRIVING THE COAL-TO-GAS TRANSITION TO REDUCE CO2 EMISSIONS Powered by two new GE Vernova 7HA.02 gas turbines and two GE Vernova H65 generators,Tampa Electric Company(TECO)completed the first p

285、hase of its coal-to-gas modernization strategy at the BigBendPower station in Florida.By replacing existing 50-year-old,coal fired units at the 1,090 MW power plant and switching to natural gas,Big Bend Power Stations CO2 emissions will be reduced by 67%per MWh of electricity generated,and lower emi

286、ssions levels for other pollutants such as mercury,nitrogen oxides,sulfur oxides and particulate matter.Learn more SUPPORTING EMERGENCY POWER AND LOWERING EMISSIONS EVEN DURING EXTREME WEATHEREVENTSGE Vernovas portable aeroderivative gas turbines offer a range of possibilities to address growing ene

287、rgy security needs and risks to grid reliability.They can run on natural gas or diesel,as well as Sustainable Aviation Fuel blends.Six GE Vernova LM2500XPRESS aeroderivative gas turbines are expected to provide nearly 200 MW of fast emergency power to the Electricity Supply Boards existing North Wal

288、l Power Plant in Dublin,Ireland.The temporary reserve power plant will provide backup power for the next three years winter seasons(2023-2026).Learn more ENABLING RENEWABLES INTEGRATION WHILE MAINTAINING STABLE POWERThe 1,260 MW Dania Beach Clean Energy Center is powered by two of GE Vernovas 7HA.03

289、 gas turbines,the largest,most efficient and flexible 60 hertz gas turbine currently in operation globally.Dania Beach Clean Energy Center replaced an aging power plant and now produces the equivalent electricity needed to power 250,000 South Florida homes with around-the-clock power,reducing emissi

290、ons by 70%compared to the previous plant,and helping enable Florida Power&Light Company(FPL)to continue Americas largest solar expansion.Learn more DELIVERING MORE AFFORDABLE AND CLEANER ENERGYAs part of GE Vernovas commitment to helping our customers deliver more affordable and cleaner energy,weve

291、invested in the GT26 High Efficiency(HE)Upgrade to provide up to a 2%combined cycle efficiency improvement.The upgrade lowers the fuel cost per MW and reduces CO2 by 5%,which is equivalent to taking 16,500 cars off the road.The upgrade also increases the capability of the GT26 to burn up to 40%hydro

292、gen fuel,providing future potential to further reduce the carbon footprint.Learn more WIND HIGHLIGHTSELECTRIFICATION HIGHLIGHTSHALIADETM-X OFFSHORE WIND TURBINESGE Vernova has invested more than$400 million to develop its offshore wind turbine.Our Haliade-X prototype in the Netherlands has been oper

293、ating for over three years and is the first turbine to receive a full type certificate at 14.7 MW.Learn more The ability to produce more power from a single turbine means fewer turbines need to be installed at each wind farm.The Haliade-X 14 MW will make its commercial debut at the Dogger Bank C off

294、shore wind farm,more than 130 kilometers off the northeast coast of England.The Haliade-X is also the only 12+MW offshore wind turbine that has been operating for over three years,giving us tangible experience operating the turbine in different conditions at different output levels.Learn more In Dec

295、ember 2022,we signed a strategic partnership agreement with Hyundai Electric to work together to serve the South Korean offshore wind market.Under the terms of the agreement,Hyundai Electric will serve as a manufacturing associate to help localize assembly of the Haliade-X offshore wind turbines and

296、 generators in South Korea.The agreement will enhance our ability to serve local customers,create significant local economic benefits,and establish a local supply chain ideally suited to serve the growing offshore wind market in South Korea and potentially beyond in the Asia Pacific region(APAC).Lea

297、rn more ONSHORE WINDGE Vernovas newest onshore wind turbine was introduced in 2022.Designed specifically for the North America region,the 3.4 MW turbine is based on GE Vernovas bestselling 2 MW platform,which recently surpassed 30 GW of installed base globally.Offering next generation innovation,the

298、 turbine brings continued reliability and utilizes GE Vernovas revolutionary two-piece blade,designed to improve logistics and installation.From siting to execution to operations,this turbine is designed to offer customers continued quality and stability,helping them capture even more wind energy wh

299、ile also improving wind farm economics.Learn more 22|GE 2022 SUSTAINABILITY REPORT GE 2022 SUSTAINABILITY REPORT|23 TRANSFORMING SORGENIAS APPROACH TO MAINTENANCEThe leading digital energy company in Sorgenia,Italy,uses our Asset Performance Management Reliability application deployed in the cloud t

300、o maximize the reliability and efficiency of its state-of-the-art,combined-cycle gas turbine power plants.According to the company,the software has given them insights to better plan maintenance around annual outages,specifically at their Termoli and Modugno plants.Doing so allows them to avoid unne

301、cessary downtime on critical assets such as heat recover steam generators or condensers,which in turn allows them to operate at higher efficiency and satisfy their more than 450,000 customers need for electricity.Learn more TAMPA ELECTRIC ACHIEVING EMISSIONS REDUCTIONS GOALS WITH SOFTWAREFor Tampa E

302、lectric Company(TECO)to achieve its emissions reductions goals by 2025,solar is going to need to play a major role.The utility serves a region without resources like wind or nuclear energy,making solar the primary energy resource for achieving lower emissions in the future.The Asset Performance Mana

303、gement(APM)software from GE Vernovas Digital business provides TECO with data on the status of all their solar plants.It also allows TECO to prepare for weather events that may impact solar generation,like cold fronts and cloud cover.In addition,APM helps inform facility maintenance timetables and e

304、quipment availability across the utilitys fleet of utility-scale solar plants,resulting in less uncertainty and more reliability.Learn more DIGITAL HIGHLIGHTSHELPING UTILITIES ACCELERATE GRID MODERNIZATIONOur Digital business signed a multiyear strategic collaboration agreement with Amazon Web Servi

305、ces,Inc.(AWS)aimed at helping utilities accelerate grid modernization.Through this collaboration,we plan to deliver intelligent grid orchestration solutions to help utilities digitally transform,modernize the power grid and accelerate the energy transition.With GridOS,our new grid operating software

306、 portfolio,we are working with AWS to enable cloud solutions designed to be secure,quick to deploy,and reduce operational and infrastructure costs for energy organizations.New Zealand-based Vector Limited has successfully deployed our Advanced Distribution Management Solution(ADMS)on Amazon Web Serv

307、ices Outposts.Learn more 7 Certain renewables projects qualify for federal income tax credits that are calculated based on electricity production measured in kWh;as evidenced by our tax filings,EFS has earned production tax credits for its investments over the years for 125 million MWh.8 Based on av

308、erage U.S.home usage of 10,632 kWh per year(Source:US Energy Information Administration).GE ENERGY FINANCIAL SERVICES:PUTTING ITS MONEY IN ITS MISSION AS A LEADING INVESTOR IN WIND POWER PROJECTS THAT HELP DECARBONIZE THE GRIDAchieving 2050 net zero goals cannot be done without simultaneous electrif

309、ication and decarbonization.For example,zero carbon emitting electric vehicles and heat pumps can have a reduced impact if they are powered by fossil fuel electricity sources.To accelerate progress,we must lead by bringing more renewable energy generation sources online as fast and as feasible as po

310、ssible.Beginning in 2006,GE Energy Financial Services(EFS),GEs energy investment franchise,was at the forefront of growing a very nascent wind industry and built a track record of investing more than$19 billion in renewable energy projects globally.This includes the delivery of over 125 million MWh

311、of carbon free electricity from wind power to the U.S.grid,measured through earned production tax credits7,which now powers the equivalent of 735,000 homes per year.8 EFS is a leading tax equity investor in U.S.wind power with a portfolio today of over$1 billion,including 2022 investments that are e

312、stimated to generate over 5.7 million MWh8 of carbon free electricity.It is through activity like this that the wind industry collectively grows,expands and evolves.Each carbon free MWh generated by our investments helps create a cleaner electrical grid to be used by and for the benefit of all peopl

313、e.EFS has been and continues to be focused on this shared customer goal through its investment activity supporting the development,construction and operation of wind power generation projects.The passage of the Inflation Reduction Act is expected to result in an imbalance in supply and demand for ta

314、x equity,which we view as a barrier to growing the renewable energy industry and accelerating decarbonization efforts.EFS is working to bridge the financing gap for customers through direct investments,strategic partnerships and relationships that enable the financing and successful commercializatio

315、n of renewable energy projects.CUTTING CARBON PODCASTOne of the most dynamic and informative conversations taking place on climate change technology is GEs Cutting Carbon podcast where co-hosts Dr.Jeffrey Goldmeer and Brian Gutknecht talk through the factors at play today as well as the journey ahea

316、d.The award-winning podcast sits on the iHeartRadios list of top podcasts in the“climate”category and has reached nearly 100,000 downloads since its inception.In 2020,we launched the podcast with our first four seasons focusing on climate change and the basics of decarbonization9,the pathways to dec

317、arbonize gas,complementary technologies contributing to the energy transition and how regions around the world are driving decarbonization.In December 2022,we launched season six to dive deeper into the energy transition landscape,examining the critical role infrastructure plays in supporting and su

318、staining innovative technologies.Over the course of the season,the team talked through Independent System Operators(ISOs)being the air traffic controllers of the power generation world,took a look back to move forward with lessons learned over the years from the digital grid,explored the worlds larg

319、est source of energy storage with pumped hydro,learned how captured carbon makes its way to a storable location,recognized the important role water plays in our energy systems,and tied it all together by examining the relationship between government policy and the energy industry.Listen here ACCELER

320、ATOR HIGHLIGHTSSince inception,EFS has invested over$19 billion in renewables globally.Thought Leadership in the Energy TransitionDRIVING THE FUTURE DOCUMENTARYIn 2022,we introduced a new three-part video series on the role hydropower plays in the energy transition called Driving the Future.For a lo

321、ok at what we are already doing with hydropower,renowned Swiss adventurer and clean energy advocate,Bertrand Piccard,teams with science journalist,Sam Pauly,to set out on an epic 1,000 kilometer journey across Switzerland.The duo travel the whole way using only electric vehicles and visit several of

322、 the hydropower plants that produce the countrys green electricity.This isnt simply a story about zero carbon vehicles and hydropower;its about reimagining the way we live,travel and consume,applying existing technology and accelerating the energy transition so we can overcome humanitys greatest cha

323、llenge.Bertrand and Sams Swiss adventure proves the potential of this approach.AsBertrand puts it,“change is needed,and the solutions are already in our handsthe race is on!”Watch here GE ENERGY CONSULTINGGEs power systems experts work with our customers to help solve some of the worlds toughest tec

324、hnical and economic problems,enabling technology integration and shaping the energy transition.With our cross-company resources,GE Energy Consulting is able to serve a diverse global client base with a strong local presence.From decarbonization planning and renewable technology integration,to energy

325、 investments and grid stability studies,our dedicated team of resources from across GE Vernova dive into the current and future challenges of our energy infrastructure,the implications of renewable penetration and the latest energy supply and delivery technologies.Learn more One recent example is th

326、e“Small Clean Power Plant Adaptation Study”for the New York Power Authority(NYPA).GE Energy Consulting and the Energy and Environmental Economics,Inc.(E3)examined the potential for battery storage development at NYPAs Small Clean Power Plant(SCPP)sites.The analysis builds off a growing body of liter

327、ature that has examined opportunities to replace peaker plants with battery storage and detailed a first-of-its-kind approach to examining storage replacement opportunities over time as New York makes progress towards achieving the states Climate Act requirements.Learn more 24|GE 2022 SUSTAINABILITY

328、 REPORT GE 2022 SUSTAINABILITY REPORT|25 DECARBONIZING GAS TURBINES THROUGH HYDROGEN AND CARBON CAPTURE ANDSEQUESTRATIONGE Vernova is investing today in innovation to decarbonize gas turbines in the future.Decarbonizing a gas turbine requires the supply of a low carbon fuel(e.g.,hydrogen)and/or the

329、capturing of carbon from the exhaust for transport offsite.GE Vernova is investing in both decarbonization pathways to ensure we have multiple solutions for our customers and the world to fulfill carbon reduction commitments.Our HA turbines can already work with up to 50%hydrogen/natural gas mix.We

330、have more than 120 gas turbines worldwide using hydrogen blends for power generation with about 8.5 million operating hours in aggregate.Work is underway to extend the capability to 100%hydrogen in these machines by the end of the decade.There is significant and growing interest in hydrogen as a sub

331、stitute for fossil fuels,driven by decarbonization goals.In 2022,we were awarded multiple funding grants from the U.S.Department of Energy(DOE)to accelerate the path towards 100%hydrogen combustion in gas turbines.In May 2022,we were awarded two projects totaling more than$12 million to develop and

332、test key components required for high hydrogen combustion.In July 2022,DOEs Advanced Research Projects Agency for Energy(ARPA-E)recognized the value of developing alternative methods to boost the efficiency of gas turbines powered by fuel blends with high percentage of hydrogen by awarding GE$4.2 mi

333、llion.In October 2022,we were awarded$6.6 million to develop breakthrough technologies to help achieve 100%hydrogen combustion in GE Vernovas F-Class gas turbines.Renewable energy,such as low-cost wind power,will play a major role in the supply of green hydrogen which could ultimately rival renewable energy demand for power applications.Our Wind businesses have the hybrid optimization capabilities