General Electric (GE) recently announced that it has fulfilled its first "Green Vision" commitment as scheduled, achieving the company's goal of reducing greenhouse gas emissions intensity. GE is making progress in achieving "green innovation" goals such as water resource utilization and technological innovation while maintaining revenue growth.

    In 2005, GE committed to gradually achieving a series of "green initiatives" goals in 2008, 2010, and 2012, with the first commitment being to reduce greenhouse gas emissions intensity in the company's operations by 30% in 2008. So far, GE has reduced its greenhouse gas emission intensity by 41%, exceeding the established target. Greenhouse gas emission intensity is the ratio between greenhouse gas emissions and company revenue. Since 2005, GE has also reduced absolute greenhouse gas emissions by 13% and increased energy efficiency by 37%. The company will continue to work hard in these areas in order to achieve its goals for 2012.

     In the 2008 "Green Thinking" annual report, GE also announced that the company's "Green Thinking" products and solutions had increased by one-third on the original basis, bringing the total number of "Green Thinking" certified products to 80; In 2008, the revenue of "Green Creativity" products reached 17 billion US dollars, an increase of 21%; The research and development expenses for clean technology solutions reached $1.4 billion, an increase of 27%.

      The exemplary role played by me is the essence of 'Green Thinking', "said Steve Fludder, Vice President of GE responsible for 'Green Thinking'." When we make a series of bold commitments, we feel obligated to first reduce our own greenhouse gas emissions, which is the best way to demonstrate GE's leadership position. If we recommend global customers to use GE's solutions to reduce greenhouse gas emissions, we should start with ourselves first. Therefore, our first 'Green Idea' goal is to reduce the greenhouse gas emission intensity of GE's operations by 30% by 2008 before achieving the 2010 'Green Idea' sales target. ”

      By adopting our company's products and transforming our operational model, GE has exceeded the first goal of "Green Imagination" while saving operating costs. From this, it can be seen that GE's customers across various industries are also benefiting from and experiencing similar impacts through "Green Ideas" products and solutions.

      GE's achievements in reducing greenhouse gas emissions are attributed to the company's use of fuels with lower greenhouse gas intensity and the application of the company's "green innovation" technology, such as solar panels, advanced lighting products, and Yanbach gas internal combustion engines, which have improved the energy efficiency of product operation and combined greenhouse gas intensity with equipment management goals.

     Steve Fryder said, 'GE has set a goal to reduce its own greenhouse gas emissions, and now we have achieved it.'. Green Creativity is closely linked to leadership and innovation, and its solutions benefit both GE and the company's customers. We use innovative technologies and Six Sigma optimization programs to improve energy efficiency, reduce waste emissions, and save costs. This is leadership ability, because when we promote GE's technology to customers, help them reduce environmental impact, and save operating costs, we lead by example. This is a win-win model. ”

Progress made by GE in its commitment to "green innovation"

In 2008, GE made the following progress in its commitment to "green innovation":

1. Double the R&D investment in clean technology - In 2005, GE's R&D investment in clean technology was $750 million, increasing to $1.4 billion in 2008 and rapidly growing to $1.5 billion in 2010.

2. Increase revenue from "Green Imagination" products - In 2008, GE's revenue from "Green Imagination" products and services reached $17 billion, an increase of 21% over the previous year. Despite the challenging economic situation, GE will strive to achieve its expected annual revenue of $25 billion in 2010. At the same time, GE has also added a product portfolio of "Green Ideas", with the number of "Green Ideas" products increasing from 17 in 2005 to 80 today.

3. Reduce greenhouse gas emissions and improve energy efficiency in GE operations - Compared to 2004, GE has reduced greenhouse gas intensity by 41%, achieving and exceeding the target of a 30% reduction in 2008. In 2008, GE's greenhouse gas emissions during operations were 13% lower than the 2004 baseline, thus achieving the goal of reducing greenhouse gas emissions by 1% in 2012 ahead of schedule. Compared to 2004, GE's energy intensity has decreased by 37%, exceeding the target of increasing energy utilization by 30% by the end of 2012.

4. Save water and improve water recycling efficiency - In May 2008, GE announced a 20% reduction in water usage by 2012. GE's water consumption in 2008 remained the same as last year. The company has developed a detailed plan to implement water-saving measures.

5. Increase public awareness - GE will continue to report on the progress of GE's work to the public through updates to the "Green Imagination" website (www.ecomagination. com), advertising, global conferences, stakeholder events, collaboration with the "Green Imagination" advisory committee, participation in new public policy development, including the "Climate Action Blueprint" previously issued by the US Climate Action Partners, and more.