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Ecomagination: GE's 2009 Citizenship Report Analysis

This report analyzes General Electric's 2009 Citizenship Report, focusing on their Ecomagination initiative and commitments to energy and climate change. Exploring credibility through standards like GRI guidelines and UN Global Compact, we delve into GE's ecological solutions and product innovation results, highlighting their global impact and industry recognition. Join us in understanding how GE's sustainability efforts shape their business strategy and environmental outcomes.

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Ecomagination: GE's 2009 Citizenship Report Analysis

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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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