Meet the youth leaders shaping the future of energy

Scott Strazik

“I'm more confident and optimistic than ever about delivering on our mission to electrify and decarbonize the world. We are not just imagining the future of energy — we are shaping it.”

Scott Strazik,
Chief Executive Officer

Roger Martella

“I'm proud of our sustainability performance and the impacts made possible thanks to our manufacturing strength and our employees who drive it. They operate supply chains building some of the most complex equipment the planet needs.”

Hon. Roger Martella,
Chief Corporate Officer & Sustainability Officer

our goals

electrify Goal 1

Be a leading provider of new power generating capacity and grid capacity for the world

content 1 image

In 2024, 31 GW of GE Vernova power generation equipment came online - this comprises 20% of our 2030 target.

electrify Goal 2

Address electrification in regions underserved by reliable, affordable, and sustainable electricity

content 2 image

In 2024, 42% of our new power generating capacity and grid enabling capacity, in terms of GW, became energized in developing or emerging economies.

electrify Goal 3

Support workforce development, with a focus on underserved populations globally

content 3 image

In 2024, we reached approximately 5,700 students through programs focused on workforce development and training.

decarbonize Goal 1

Improve the trajectory of carbon intensity for near-term impact

2024 PROGRESS

~20%

New power generating capacity of our equipment brought online is ~20% below the global average carbon intensity of the existing grid

decarbonize Goal 2

Innovate toward our 2050 Scope 3 net zero ambition for use of sold products

Advancing 4 breakthrough innovations to invest in long-term decarbonization

  • Small Modular Nuclear Reactors
  • Hydrogen
  • Carbon capture
  • Direct air capture

conserve Goal 1

Carbon neutrality for Scope 1 and 2 GHG emissions by 2030

content 1 image

We have reduced our operational emissions by 51% compared to a 2019 baseline.

More detail here

conserve Goal 2

90% of our top products covered by our 4R circularity framework by 2030

content 1 image

In 2024, our overall top product coverage was 38%, indicating that these products meet the minimum requirements of the 4R circularity framework.

More detail here

thrive Goal 1

Fatality-free operations

2024 PROGRESS

3 fatalities

Our focus on preventing fatalities and severe safety events, which largely occur in projects and services, is our top safety priority and is the primary consideration in all our efforts. Regrettably three people doing work on our behalf lost their lives in 2024.

thrive Goal 2

Demonstrate progress on inclusive culture and equal employment opportunity for all employees

2024 PROGRESS

31.1%

In 2024, over 31% of our U.S. employees were from underrepresented racial or ethnic groups.

thrive Goal 3

Embed and implement ethical decision-making principles into business decisions

2024 PROGRESS

98%

Salaried employees completed ethics and compliance training in 2024.

thrive Goal 4

Partner with suppliers to advance human rights in our value chain

2024 PROGRESS

576

New supplier audits conducted in 2024, with 559 suppliers approved and 17 rejected.

Global Reach

With an installed base that helps generate almost 25% of the world’s electricity across developed, developing, and emerging economies, we have the scale and global reach that positions us to lead in The Energy of Change.

Global Reach Map
  • ~100

    Manufacturing facilities across the world

  • ~$20BN

    Total spend in raw materials and components used in production of our products

  • 109

    Direct material supplier countries

  • ~100

    Manufacturing facilities across the world

  • ~$20BN

    Total spend in raw materials and components used in production of our products

  • 109

    Direct material supplier countries

Electrifying Decarbonization

GE Vernova’s efforts to advance electrification and decarbonization are driven by our optimism and vision to build The Energy of Change. Watch the video to explore how this transformation is taking shape on the ground, beginning on the manufacturing floors.