How GE Vernova Targets Net Zero Emissions Across Value Chain

GE Vernova is working to progress the energy transition by developing more reliable, affordable and sustainable solutions for the global power sector.

The company employs around 75,000 people in over 100 countries and generated US$35bn in revenue during 2024.

GE Vernova has been ranked 49th in Sustainability Magazine's Top 250 World's Most Sustainable Companies 2025, reflecting its commitment to environmental progress.

Carbon neutrality and emission reduction

GE Vernova operates under a Sustainability Framework built on four primary pillars: electrify, decarbonise, conserve and thrive.

These principles guide the company's efforts to safeguard the planet's natural resources whilst supporting local communities.

GE Vernova's environmental commitments include achieving carbon neutrality for Scope 1 and 2 greenhouse gas emissions by 2030, with a longer-term goal of net zero emissions throughout its entire value chain by 2050.

Between 2019 and 2024, GE Vernova achieved a 51% reduction in Scope 1 and 2 emissions, demonstrating progress towards these targets.

In 2020, GE Vernova made a strategic decision to cease accepting orders for new coal-fired power plants.

Instead, it has redirected resources towards enhancing its portfolio of wind, gas and nuclear generation technologies.

Scott Strazik, CEO of GE Vernova, says: "We believe access to reliable, affordable, sustainable and secure electricity improves outcomes on an individual and global scale.

"It is clear that we are in the early days of a decades-long investment supercycle in electric power that will transform our world in positive ways beyond just electrification."

Power generation and grid capacity

As electrification becomes increasingly central to energy sector development, GE Vernova is positioning itself to become a major provider of new power generating and grid capacity infrastructure.

The company's existing technology infrastructure currently supports the generation of approximately 25% of global electricity supply, whilst it continues developing further innovations in renewable energy sources.

To support emerging technological demands, including the expansion of AI and data centres, GE Vernova intends to invest approximately US$9bn in research and development through 2028.

This investment could help address the growing electricity requirements of data centres by leveraging the company's international presence and capabilities.

Roger Martella, Chief Corporate Officer and Chief Sustainability Officer at GE Vernova, says: "We have to not only succeed for the energy sector but for layers of sustainability, helping other sectors decarbonise by making sure they can join the grid and be successful in their own efforts to decarbonise.

"One of the ways we see this play out today is with data centres and AI.

"There's a lot of growth in data centres and that's leading towards thirstier needs on the power grid."

Sustainable manufacturing and eco-design

GE Vernova is implementing "eco-design" principles across its products and technologies to reduce negative environmental impacts throughout their lifecycles.

This approach involves incorporating more sustainable and safer materials into manufacturing processes whilst increasing recycled content in products to help preserve critical raw materials.

The company's design and manufacturing methodology focuses on minimising resource consumption and waste disposal, which could simultaneously reduce costs and mitigate environmental impacts.

These efforts support the organisation's broader sustainability objectives whilst improving operational efficiency.

GE Vernova is actively working to decrease energy and water consumption across its facilities, alongside reducing waste and pollution in its manufacturing operations.

These resource-efficient practices contribute to the company's circularity objectives and could help extend the lifecycle of its products and services.

Scott adds: "I've never had more conviction in the opportunities ahead for investment at scale to advance our sustainability efforts and appreciate the constant engagement of all of our stakeholders.

"I stand with anticipation, pride and optimism for what we're going to create together."