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Findings on General Electric’s 2009 Citizenship Report

Findings on General Electric’s 2009 Citizenship Report. By 2010 MBA Group 10 Celine He(101047) Rebecca Wong(101154) Eric Seidner (101129) Kyung- Soo Kim(101072) Sugie Liao(101086). About GE. Revenues : $ 156.8 billion Employees : 288,000 (100+ countries)

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Findings on General Electric’s 2009 Citizenship Report

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  1. Findings on General Electric’s 2009 Citizenship Report By 2010 MBA Group 10 Celine He(101047) Rebecca Wong(101154) Eric Seidner(101129) Kyung-SooKim(101072) SugieLiao(101086)

  2. About GE • Revenues : $ 156.8 billion • Employees : 288,000 (100+ countries) • Infrastructure, Finance & Media • The oldest remaining company in the • Dow Jones Industrial Average • Implementation of Citizenship Strategy * As of fiscal year 2009

  3. 1 4 2 3 * From 2009 GE’s Citizenship Report

  4. We are seeking credibility with a focus on one of above-mentioned four claims: Energy and climate change • GE’s Ecomagination* • How does it work? * From 2009 GE’s Citizenship Report

  5. Ecological Solutions + Product Imagination= Ecomagination Ecomagination started as an initiative for product development Transformed into a business strategy for growth and became a driver for environmental results * Chart from www.greenbiz.com/news/2010/06/24/ge-invest-10b-more-ecomagination-rd-2015

  6. Commitments & Results * Data from GE citizenship website http://www.ge.com/citizenship/index.html

  7. Credibility • Standards • Global Report Initiative(GRI)’s “G3” Guideline • Membership • The United Nations Global Compact(UNGC) • World Resources Institution • U.S. Climate Action Partnership • Awards • Covalence Ethical Ranking – Top 10 • U.S. Climate Brand Index – Ranked #1st • BCLC* Corporate Citizenship awards - Finalist * Business Civic Leadership Center

  8. Creditability Enhancement • * “Lake Erie Becomes Site for GE’ s First Ever Freshwater Wind Farm in the U.S.” Fast Company 24 May 2010

  9. Thanks

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